History

 
The following is a brief history of the Flying Horse master-planned community:
 
November 2004 The City of Colorado Springs approves the Developer's request to create the Flying Horse Metropolitan District No 2 Decorative Photo - Flying Horse 2 & 3 Community
January 20XX Colorado Springs approves the Flying Horse subdivision development plan - a XXX-home neighborhood.
 
June 20XX The Declaration of Covenants, Conditions and Restrictions for XXXX (i.e. CC&Rs) is filed and the lots in the neighborhood are annexed into and become subject to the CC&Rs.

 July 20XX The Flying Horse Homeowners Association, Inc. is incorporated and assumes responsibility for enforcing the CC&Rs and providing architectural review services to the neighborhood. All homeowners become shareholders in/owners of the Association.

2005 The District issues bonds totaling approximately $XXX million to subsidize the Developer's costs to develop its private land prior to the start of homebuilding activities.
 
May 20XX The first single family home is sold by the builder (XXXX).