The Town's Master Plan will be used to guide decisions, forecast economic development, and inform future decisions. The new Master Plan involves a careful consideration and evaluation of the Town's economic forecast, the existing land use goals and policies, and the development of a future land use plan. This plan will address the short and long-term goals and priorities of the Town and will contain economic development components that provide realistic tools for growth and development/redevelopment.

Funded in part by the State of Colorado Department of Local Affairs, the final master plan will include the following components.

• A plan for three miles outside municipal boundaries also known as the three-mile plan per C.R.S. 31-12-105(1)(e)(I).
• The identification of risks and vulnerabilities of natural and human caused hazards and goals, strategies, and/or actions to address these hazards.
• An assessment of housing needs and affordability issues and the identification of opportunities to address these gaps. The Board of Trustees and Planning Commission desire to see a balanced and varied approach to a variety of housing options that meet the diverse economic needs of all current and future residents.
  
• The identification of the community’s goals and values related to water supply and quality either as a stand-alone element or integrated throughout the plan.
  
• Updated Intergovernmental agreement(s) (IGA) with neighboring jurisdiction(s) to establish the area outside the municipality’s boundaries subject to a joint review process for development proposals.