From The Summit Daily (Taylor Sienkiewicz):

esidential properties will be charged $10 per quarter and commercial properties will be charged $50 per quarter. The fee was passed by Silverthorne Town Council as part of the stormwater management plan to help maintain stormwater drainage facilities and the quality of local rivers, ponds and drinking water.

Town Manager Ryan Hyland noted in a news release from the town that the fee will allow Silverthorne to conduct projects outlined in the 2020 Drainage Master Plan, which include preventative measures against property damage from floodwaters and negative impacts to water.

The release also stated that the fee will help pay for new curb, gutter and sidewalk infrastructure to improve pedestrian corridors.