HomeMy WebLinkAboutCOUNCIL - SUMMARY AGENDA - 04/07/2020 - REGULAR MEETINGCity of Fort Collins Page 1
Wade Troxell, Mayor City Council Chambers
Kristin Stephens, District 4, Mayor Pro Tem City Hall West
Susan Gutowsky, District 1 300 LaPorte Avenue
Julie Pignataro, District 2 Fort Collins, Colorado
Ken Summers, District 3
Ross Cunniff, District 5 Cablecast on FCTV Channel 14
Emily Gorgol, District 6 and Channel 881 on the Comcast cable system
Carrie Daggett Darin Atteberry Delynn Coldiron
City Attorney City Manager City Clerk
Regular Meeting
April 7, 2020
6:00 p.m.
(amended 4/6/2020)
Public Participation for April 7 City Council Meeting
Public Participation will only be available online. No one will be allowed to attend in person.
View Meeting Agenda
Watch the Meeting: Anyone can view the Council meeting live on Channels 14 and 881 or online
at www.fcgov.com/fctv.
Public Participation: Individuals who wish to address Council via remote public participation can do so
through WebEx at (https://tinyurl.com/FCCityCouncil04072020). The link and instructions will
also be posted at www.fcgov.com/council. Individuals participating in the WebEx session should also
watch the meeting through that site, and not via FCTV, due to the streaming delay.
The meeting will be available beginning at 5:15 p.m., Tuesday. Participants should complete the registration
form prior to 6:00 p.m. to be included in public participation and view further instructions. Staff will moderate
the WebEx session to ensure all participants have an opportunity to address Council.
In order to participate:
• You need to have a laptop or computer with a microphone and/or headset that includes a
microphone.
• You need to have access to the internet.
• You must complete the WebEx event registration (accessed from the link shown above) and view
further instructions.
• Join the WebEx meeting.
• Keep yourself on muted status.
• DO NOT Watch/stream FCTV at the same time
If residents wish to speak to a document or presentation, the City Clerk needs to be emailed those materials
by 4 pm Tuesday, April 7.
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Individuals not comfortable or able to access the WebEx platform to participate are encouraged to email
general public comments you may have to CityLeaders@fcgov.com. If you have specific comments about
either of the discussion items scheduled, please make that clear in the subject line of the email and send
prior to the meeting Tuesday evening.
Note: To preserve bandwidth and ensure an orderly meeting, only individuals who wish to address Council
should use the WebEx link. Anyone who wants to watch the meeting, but not address Council, should view
the FCTV livestream.
View Live Stream
Persons wishing to display presentation materials using the City’s display equipment under the Citizen
Participation portion of a meeting or during discussion of any Council item must provide any such materials
to the City Clerk in a form or format readily usable on the City’s display technology no later than two (2)
hours prior to the beginning of the meeting at which the materials are to be presented.
NOTE: All presentation materials for appeals, addition of permitted use applications or protests related to
election matters must be provided to the City Clerk no later than noon on the day of the meeting at which
the item will be considered. See Council Rules of Conduct in Meetings for details.
The City of Fort Collins will make reasonable accommodations for access to City services, programs, and
activities and will make special communication arrangements for persons with disabilities. Please call 221-
6515 (V/TDD: Dial 711 for Relay Colorado) for assistance.
Proclamations and Presentations
5:30 p.m.
Proclamation time will not be held.
A. Proclamation Declaring April 2020 as Fair Housing Month. (proclamation will be signed by the
Mayor, but not read at the meeting)
Regular Meeting
6:00 p.m.
• PLEDGE OF ALLEGIANCE
• CALL MEETING TO ORDER
• ROLL CALL
• AGENDA REVIEW: CITY MANAGER
• City Manager Review of Agenda.
• Consent Calendar Review
This Review provides an opportunity for Council and citizens to pull items from the Consent
Calendar. Anyone may request an item on this calendar be “pulled” off the Consent Calendar and
considered separately.
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o Council-pulled Consent Calendar items will be considered before Discussion Items.
o Citizen-pulled Consent Calendar items will be considered after Discussion Items.
• PUBLIC COMMENT
Individuals may comment regarding items scheduled on the Consent Calendar and items not specifically
scheduled on the agenda. Comments regarding land use projects for which a development application
has been filed should be submitted in the development review process** and not to the Council.
• Those who wish to speak are asked to sign in at the table in the lobby (for recordkeeping
purposes).
• All speakers will be asked by the presiding officer to identify themselves by raising their hand,
and then will be asked to move to one of the two lines of speakers (or to a seat nearby, for those
who are not able to stand while waiting).
• The presiding officer will determine and announce the length of time allowed for each speaker.
• Each speaker will be asked to state his or her name and general address for the record, and to
keep comments brief. Any written comments or materials intended for the Council should be
provided to the City Clerk.
• A timer will beep once and the timer light will turn yellow to indicate that 30 seconds of speaking
time remain, and will beep again and turn red when a speaker’s time to speak has ended.
[**For questions about the development review process or the status of any particular development,
citizens should consult the Development Review Center page on the City’s website at
fcgov.com/developmentreview, or contact the Development Review Center at 221-6750.]
• PUBLIC COMMENT FOLLOW-UP
Consent Calendar
The Consent Calendar is intended to allow the City Council to spend its time and energy on the important
items on a lengthy agenda. Staff recommends approval of the Consent Calendar. Anyone may request
an item on this calendar to be "pulled" off the Consent Calendar and considered separately. Agenda
items pulled from the Consent Calendar will be considered separately under Pulled Consent Items. Items
remaining on the Consent Calendar will be approved by City Council with one vote. The Consent
Calendar consists of:
● Ordinances on First Reading that are routine;
● Ordinances on Second Reading that are routine;
● Those of no perceived controversy;
● Routine administrative actions.
If the presiding officer determines that the number of items pulled from the Consent Calendar by citizens
is substantial and may impair the Council’s ability to complete the planned agenda, the presiding officer
may declare that the following process will be used to simplify consideration of the Citizen-Pulled
Consent Items:
(1) All citizen-pulled items (to be listed by number) will be considered as a group under the heading
“Consideration of Citizen-Pulled Consent Items.”
(2) At that time, each citizen wishing to speak will be given a single chance to speak about any and all
of the items that have been moved to that part of the agenda.
(3) After the citizen comments, any Councilmember may specify items from the list of Citizen-Pulled
Consent Items for Council to discuss and vote on individually. Excluding those specified items, Council
will then adopt all “Citizen-Pulled Consent Items” as a block, by a single motion, second and vote.
(4) Any Citizen-Pulled Consent Items that a Councilmember has asked to be considered individually will
then be considered using the regular process for considering discussion items.
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1. Consideration and Approval of the Minutes of the February 25, 2020 Adjourned Council Meeting, the
March 3 and March 17, 2020 Regular Council Meetings and the March 20, 2020 Special Council
Meeting.
The purpose of this item is to approve the minutes from the February 25, 2020 Adjourned Council
meeting, the March 3 and March 17, 2020 Regular Council meetings, and the March 20, 2020 Special
Council meeting.
2. Second Reading of Ordinance No. 041, 2020, Appropriating Unanticipated Black and Gray Market
Marijuana Grant Revenue in the General Fund for Police Services.
This Ordinance, unanimously adopted on First Reading on March 3, 2020, appropriates unanticipated
grant revenue in the amount of $345,227 from the Colorado Department of Local Affairs in the General
Fund to support investigation and prosecution of black-market marijuana activity.
3. Second Reading of Ordinance No. 043, 2020, Adopting Revisions to the Master Street Plan.
This Ordinance, unanimously adopted on First Reading on March 3, 2020, amends the Master Street
Plan. The Master Street Plan (MSP) map serves as the official source for identification of street
alignments and classifications for the City. The map shows both existing and future street locations.
Updates to the map are done either through a request from a developer proposal or City initiated,
based on changing plans, functions or information. The requests are City-initiated, and include
amendments to the street system, add potential roundabout locations to the map, and update the
potential railroad grade-separated crossing locations. These requested changes are in addition to the
changes approved on January 14, 2020, for Montava.
4. Items Relating to the 15-year Capital for the 2020 Epic Homes Loan Program.
A. Second Reading of Ordinance No. 047, 2020, Making a Supplemental Appropriation from the Light
& Power Fund to be Expended as Loans to Utility Services Customers Under the Epic Loan
Program.
B. Second Reading of Ordinance No. 048, 2020, Making a Supplemental Appropriation from
Unappropriated Prior Year Reserves in the Light & Power Fund to Make Debt Service Payments
Under the Vectra Bank Line of Credit for the Epic Loan Program.
These Ordinances, unanimously adopted on First Reading on March 20, 2020, appropriate funds for
the Epic Loan Program in 2020 for 15-year loan issuance to Fort Collins Utilities electric customers,
and anticipated debt service to third-party capital providers. The Epic Loan Program is part of the Epic
Homes comprehensive portfolio for single-family home performance for both owner- and renter-
occupied homes. These appropriations will cover 15-year loan agreements adopted on First Reading
on March 20 by the Electric Utility Enterprise Board and considered on April 7 for Second Reading and
are necessary to formally authorize the disbursement of funds for customer loans. For future years,
staff will include loan issuance and debt service as part of the biennial Budgeting for Outcomes
process. Contingent upon authorization of the 15-year loan agreements by the Enterprise Board, the
2020 appropriation for 15-year loan issuance is $1,600,000 and the appropriation for debt service is
$100,000.
5. First Reading of Ordinance No. 045, 2020, Appropriating Unanticipated Philanthropic Revenue from
New Belgium Brewing in the General Fund and Transferring it to the Capital Projects Fund for the
Poudre River Reach 4 Feasibility Study.
The purpose of this item is to appropriate $10,000 in philanthropic revenue in the General Fund for
transfer to the Capital Projects Fund for the Reach 4 Feasibility Study by Park Planning &
Development. The intent of the charitable gift, secured and facilitated by City Give, is designated by
the donor, New Belgium Brewing, in support of the Reach 4 Feasibility Study.
The Reach 4 efforts focus on the feasibility of completing the improvements as called out in the Poudre
River Downtown Master Plan. The Plan includes a conceptual site plan and cost estimate for Reach
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4, located between the Whitewater Park and Linden Street. Reach 4 is particularly sensitive, as it is a
former Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) site. The
study will help determine if/how the concept site plan and cost estimate provided in the Master Plan
should be adjusted, based on a more robust analysis of the site conditions and preferred
outcomes. These efforts will help inform a design and construction offer in the upcoming BFO
process.
6. First Reading of Ordinance No. 046, 2020, Appropriating Unanticipated Philanthropic Revenue from
Veterans Plaza of Northern Colorado in the General Fund and Transferring it to the Capital Projects
Fund for the Veterans Plaza Improvement Project.
The purpose of this item is to appropriate $10,752 in philanthropic revenue in the General Fund for
transfer to the Capital Projects Fund to be used for improvements at the Veterans Plaza in Spring
Canyon Community Park. The charitable gift, facilitated by City Give, was made by Veterans Plaza of
Northern Colorado. The charitable funding will underwrite the costs of improvements to construct a
new sidewalk from the parking area to Veterans Plaza and provide other site improvements.
7. First Reading of Ordinance No. 051, 2020, Authorizing the Sale of Real Property Located Adjacent to
the Utilities Service Center at 700 Wood Street.
The purpose of this item is to authorize the sale of City-owned real property located at approximately
525 North Whitcomb Street, adjacent to the City’s Utilities Services Center located at 700 Wood Street.
The property is a small offsetting portion of the Utility Service Center development and consists of
1,680 square feet. The buyers are the owners of real property at 525 North Whitcomb Street. The sale
price is $6,720 and the proceeds will be placed in the Light and Power Fund.
8. First Reading of Ordinance No. 052, 2020, Authorizing the Conveyance of a Permanent Sanitary
Sewer Line Easement and a Temporary Construction Easement on Soaring Vista Natural Area to
South Fort Collins Sanitation District.
The purpose of this item is to authorize the conveyance of a permanent sanitary sewer line easement
and a temporary construction easement to South Fort Collins Sanitation District (SFCSD) on behalf of
Interstate Land Holdings, LLC (ILH) on Soaring Vista Natural Area. The proposed easement area
aligns with an existing sewer line easement held by South Fort Collins Sanitation District on the west
side of the natural area.
9. First Reading of Ordinance No. 055, 2020, Appropriating Prior Year Reserves and Unanticipated
Revenue in the General Fund for Cultural Development and Programming Activities, Tourism
Programming, and Convention and Visitor Program Services.
The purpose of this item is to appropriate $753,709, of which $441,944 is proposed for 2020 Cultural
Development and Programming Activities (Fort Fund), $48,198 is proposed for 2020 Tourism
Programming (Fort Fund), and $263,567 is proposed for 2020 Convention and Visitors Program
activities, from a combination of Unanticipated Revenue (Lodging Tax) and Prior Year Reserves
(unspent appropriations) in the General Fund Lodging Tax Reserves.
Lodging taxes are annually collected by the City of Fort Collins for Cultural Development and Tourism
programming activities. Anticipated revenue is projected through each Budgeting for Outcomes (BFO)
cycle and then adjusted annually as needed based on actual collections. Lodging tax revenue
collected in 2019 was $376,406 above projected collections.
10. First Reading of Ordinance No. 056, 2020, Making Supplemental Appropriations and a Transfer from
the Light & Power Fund to be Expended in Support of the Epic Homes Program.
The purpose of this item is to appropriate $118,135 in grant funds from Bloomberg Philanthropies and
interest earned on previous grant funds, as part of the Bloomberg Mayor’s Challenge, from the Fort
Collins Utilities Light and Power Fund to be expended for the ongoing project management and
operations of Epic Homes Program by Utility Services and the Economic Health Office (EHO) and to
pay a sub-grant to Colorado State University for indoor environmental quality research. The funds paid
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to the EHO will be accomplished by a transfer from the Light and Power Fund. The Bloomberg
Philanthropies funds come from (1) the 2020 grant installment of $112,000 and (2) $6,135 in interest
earned on advanced Bloomberg Philanthropies funds as of December 31, 2019. Based on terms of
the Bloomberg grant agreement, all advanced grant funds are subject to accruing interest, with such
interest earned being reported on a semi-annual basis, and with such earnings used to further project
goals as demonstrated in the agreement among Bloomberg and the City.
The City Manager recommends these appropriations and has determined that the funds for them are
available and previously unappropriated from the Light and Power Fund and will not cause the total
amount appropriated in the Light and Power Fund to exceed the current estimate of actual and
anticipated revenues to be received in that fund during this year. In addition, the City Manager
recommends the transfer of the $14,956 from the Light and Power Fund to the General Fund to be
expended to cover the EHO’s costs in managing and operating the Epic Homes Program and
determined that the purpose for which the funds are to be expended remains unchanged, which
purpose is to support the Epic Homes Program.
11. First Reading of Ordinance No. 057, 2020, Amending Section 2-568 of the Code of the City of Fort
Collins to Clarify Ethical Rules of Conduct to Address Employee Housing and Purchases from the
City.
The purpose of this item is to propose a Code change to clarify that the City Charter’s prohibition on
City employees purchasing property from the City was not intended to prevent employees from
compensating the City for the value of housing that they are required to live in as a condition of
employment. This would confirm Council’s expectations related to this issue and to clarify how these
kinds of housing arrangements relate to the Charter requirement.
12. Resolution 2020-026 Authorizing an Amendment to the Intergovernmental Agreement With Larimer
County, Colorado for the Larimer County Conservation Corps Energy and Water Program.
The purpose of this item is to seek City Council approval of an amendment to an Intergovernmental
Agreement (IGA) between the City of Fort Collins and Larimer County for funding of the Larimer County
Conservation Corps (LCCC) Water and Energy Program. The City of Fort Collins Utilities has
partnered with the LCCC since 2010 with tremendous success. LCCC crews have supported local
resource conservation by providing home efficiency assessments to customers of Fort Collins Utilities
and Loveland Water and Power. By the end of the 2019 spring season, LCCC crews assessed over
3,500 homes in Fort Collins and enabled these customers to save on their utility bills. Due to its
success, the Program is now part of Utilities Affordability Portfolio and provides a mechanism for low
to moderate income customers to control home energy use and costs.
13. Resolution 2020-034 Supporting the Grant Application for a Special Opportunity Open Space Grant
from the State Board of the Great Outdoors Colorado Trust Fund for the Laramie Foothills
Conservation Project.
The purpose of this item is to adopt a resolution supporting the Laramie Foothills Conservation Project
and the City and County’s related grant application to the State Board of the Great Outdoors Colorado
Trust Fund (GOCO). GOCO is requesting the resolution from grant applicants to ensure that the
applicants are willing and able to financially participate if the grant is awarded.
14. Resolution 2020-035 Amending the Schedule and Process Adopted in Resolution 2020-027
Regarding the Recruitment and Selection of a Chief Judge.
The purpose of this item is to review and consider the Council Committee’s recommended
amendments to the previously adopted plan and target schedule for the recruitment and selection of
a Chief Judge.
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15. Resolution 2020-036 Approving Emergency Rules and Regulations Enacted by the City Manager
Pursuant to the Local Covid-19 Emergency Between March 31 and April 25, 2020.
This Resolution has been amended to add Emergency Regulation 2020-08.
The purpose of this item is to approve emergency rules and regulations enacted by the City Manager
between March 31 and April 25, 2020, in response to the COVID-19 emergency. Section 2-
671(a)(6)(a) of the City Code provides that the emergency rules and regulations must be confirmed at
the earliest practical time by the City Council. This Resolution seeks Council’s approval and ratification
of the emergency measures.
END CONSENT
• CONSENT CALENDAR FOLLOW-UP
This is an opportunity for Councilmembers to comment on items adopted or approved on the Consent
Calendar.
• STAFF REPORTS
A. COVID-19 Update (staff: Jim Byrne)
B. Census 2020 (staff: Honore Depew)
• COUNCILMEMBER REPORTS
• CONSIDERATION OF COUNCIL-PULLED CONSENT ITEMS
Discussion Items
The method of debate for discussion items is as follows:
● Mayor introduces the item number, and subject; asks if formal presentation will be made
by staff
● Staff presentation (optional)
● Mayor requests citizen comment on the item (three minute limit for each citizen)
● Council questions of staff on the item
● Council motion on the item
● Council discussion
● Final Council comments
● Council vote on the item
Note: Time limits for individual agenda items may be revised, at the discretion of the Mayor, to ensure
all citizens have an opportunity to speak. Please sign in at the table in the back of the room.
The timer will buzz when there are 30 seconds left and the light will turn yellow. It will buzz again
at the end of the speaker’s time.
16. Postponement of Second Reading of Ordinance No. 044, 2020, Updating the Harmony Corridor Plan
for the Gateway Area and the Harmony Corridor Standards and Guidelines to May 19, 2020. (staff:
Cameron Gloss; no staff presentation; 5 minute discussion)
Staff requests this item be postponed to May 19, 2020 in order to prioritize Council agenda items and
in light of the public participation expected for this item.
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This Ordinance, adopted on First Reading on March 3, 2020, by a vote of 4-2 (Nays: Summers,
Troxell; Gorgol absent) amends the Harmony Corridor Plan and the Harmony Corridor Standards and
Guidelines by adopting revised Plan polices, standards and guidelines pertaining to the “gateway” area
located west of I-25.
17. Resolution 2020-028 Adopting the 2020 Strategic Plan. (staff: Tyler Marr; 5 minute staff presentation;
30 minute discussion)
The purpose of this item is to formally adopt the 2020 strategic plan, consistent with City Council
feedback at the February 25, 2020 work session. The adopted plan will guide the 2021 and 2022
Budgeting for Outcomes process.
18. Public Hearing and First Reading of Ordinance No. 053, 2020, Amending Chapter 26 of the Code of
the City of Fort Collins to Adopt a Water Shortage Action Plan (Previously Known as the Water Supply
Shortage Response Plan) and Making Various Related Changes. (staff: Mariel Miller: 10 minute
staff presentation; 20 minute discussion)
The purpose of this item is to adopt into City Code by reference an updated Water Supply Shortage
Response Plan (WSSRP) for Fort Collins Utilities. The updated plan and updates to City Code Section
26-167(a) include: changing the name to the Water Shortage Action Plan (WSAP); adding new
sections to the Plan; changes and additions to various restrictions; changes to the structure of the
water restriction levels; and changes to the water rate increases during declared water shortages.
19. Items Relating to Electric Assisted Bicycles on Paved Trails. (Tessa Greegor; 10 minute staff
presentation; 20 minute discussion)
A. First Reading of Ordinance No. 058, 2020, Amending Chapter 23 of the Code of the City of Fort
Collins to Allow and Regulate the Use of Electrical Assisted Bicycles on the City’s Paved Trails.
B. First Reading of Ordinance No. 059, 2020, Amending the Fort Collins Traffic Code to Allow and
Regulate the Use of Electrical Assisted Bicycles on the City’s Paved Trails.
The purpose of this item is to present two ordinances for Council consideration to update Fort Collins
City and Traffic Code to allow Class 1 and Class 2 e-bikes on City-paved trails.
In April 2019, Fort Collins City Council approved a one-year pilot program to allow Class 1 and Class
2 e-bikes on paved trails in Fort Collins. This one-year pilot program began May 1, 2019 and will end
April 30, 2020. Data and public input were collected during the pilot program, and staff has found no
major issues associated with allowing e-bikes on paved trails at this time. Research and the pilot
program indicate e-bikes provide mobility, sustainability, and health benefits, and can help achieve
Fort Collins’ Climate Action and transportation goals.
In conjunction with the recommendation to continue allowing Class 1 and Class 2 e-bikes on paved
trails, staff is also recommending strategies to ensure Fort Collins’ trail system remains a positive and
safe experience for all users as use increases, and to address concerns raised during the pilot
program.
Key takeaways from the pilot program include:
• The pilot program did not result in any major safety incidents associated with allowing e-bikes on
paved trails.
• Public feedback and input from City Boards and Commissions indicated more support for allowing
e-bikes on paved trails than opposition, particularly Class 1 e-bikes.
• Bicyclist speed observations showed an average bicycle speed of just under 12 miles per hour
(total of 1,157 bikes observed). Only 16 e-bikes were observed during the speed assessments
with an average speed of 15.63 mph.
• E-bike use is increasing though it remains a relatively small percentage of users on the trails today.
Trail count data from September showed 1.2% of bicyclists using e-bikes.
• Most E-bike owners reported bicycling more and replacing car trips with their e-bike.
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20. Emergency Ordinance No. 060, 2020, Amending and Superseding Emergency Ordinance No. 054,
2020, Enacting Temporary Procedures to Authorize Remote Participation in Meetings to Include
Quasi-Judicial Hearings and Related Neighborhood Meetings and Board Meetings as Needed to
Complete Essential City Business.
The purpose of this Emergency Ordinance is to extend authority to conduct remote City Council
meetings to quasi-judicial hearings by Council and to City boards and commissions and administrative
hearing officers authorized to take quasi-judicial action under the City Code or the Land Use Code. It
also authorizes remote neighborhood meetings in the Development Review Process. Finally, the
Ordinance also addresses the use of remote participation by boards and commissions in order to
complete essential City business.
• CONSIDERATION OF CITIZEN-PULLED CONSENT ITEMS
• OTHER BUSINESS
A. Consideration of a motion to adjourn the City Council meeting to conduct the Electric Utility
Enterprise Board meeting then return to the regular City Council meeting.
B. Consideration of a motion to adjourn into executive session relating to broadband issues.
"I move that City Council go into executive session to consider matters pertaining to issues of
competition in providing telecommunication facilities and services including, without limitation,
matters subject to negotiation, strategic plan, price, sales and marketing, development phasing
and any other matter allowed under Colorado Law, as permitted under Article XX, Section 7(d) of
the City Charter and Section 2-31(a)(5) of the City Code."
C. Possible consideration of the initiation of new ordinances and/or resolutions by Councilmembers
(Three or more individual Councilmembers may direct the City Manager and City Attorney to initiate
and move forward with development and preparation of resolutions and ordinances not originating
from the Council's Policy Agenda or initiated by staff.)
• ADJOURNMENT
Every Council meeting will end no later than 10:30 p.m., except that: (1) any item of business
commenced before 10:30 p.m. may be concluded before the meeting is adjourned and (2) the City
Council may, by majority vote, extend a meeting until no later than 12:00 a.m. for the purpose of
considering additional items of business. Any matter which has been commenced and is still pending at
the conclusion of the Council meeting, and all matters scheduled for consideration at the meeting which
have not yet been considered by the Council, will be continued to the next regular Council meeting and
will be placed first on the discussion agenda for such meeting.
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Wade Troxell, President City Council Chambers
Kristin Stephens, District 4, Vice President City Hall West
Susan Gutowsky, District 1 300 LaPorte Avenue
Julie Pignataro, District 2 Fort Collins, Colorado
Ken Summers, District 3
Ross Cunniff, District 5 Cablecast on FCTV, Channel 14
Emily Gorgol, District 6 and Channel 881 on the Comcast cable system
Carrie Daggett Darin Atteberry Delynn Coldiron
City Attorney Executive Director Secretary
The City of Fort Collins will make reasonable accommodations for access to City services, programs, and activities and
will make special communication arrangements for persons with disabilities. Please call 221-6515 (V/TDD: Dial 711
for Relay Colorado) for assistance.
Electric Utility Enterprise Board Meeting
April 7, 2020
(after the Regular Council Meeting)
CALL MEETING TO ORDER
1. Consideration and Approval of the Minutes of the March 20, 2020 Electric Utility Enterprise Board
Meeting.
The purpose of this item is to approve the minutes from the March 20, 2020 Electric Utility Enterprise
Board meeting.
2. Items Relating to the Epic Loan Program. (staff: Sean Carpenter, Blaine Dunn; no staff presentation;
5 minute discussion)
A. Second Reading of Ordinance No. 009, Authorizing a Loan Agreement with Vectra Bank Colorado
to Provide Funding for the Epic Loan Program.
B. Second Reading of Ordinance No. 010, Authorizing a Loan Agreement with the Colorado Energy
Office to Provide Funding for the Epic Loan Program.
These Ordinances, unanimously adopted on First Reading on March 20, 2020, authorize the
Enterprise to borrow additional capital for the Epic Loan Program from two third party lenders for 15-
year capital. In 2012, the City Council established, by ordinance, the On-Bill Utility Financing Program,
which is now known as the Epic Loan Program. The Program provides financing for home energy
upgrades by making loans to property owners who are customers of Fort Collins Utilities. Ordinance
No. 009 authorizes the Enterprise to borrow up to $2.5 million, under a line of credit, from Vectra Bank
Colorado (Vectra Loan) as additional funding for the Program. Ordinance No. 010 authorizes the
Enterprise to borrow $800,000 at 0% interest from the Colorado Energy Office (CEO Loan) as
additional funding for the Program. Fifty percent of customers to date have used longer loan terms to
reduce monthly payments and/or undertake more comprehensive energy efficiency projects, making
15-year capital an essential component for the success of the Program.
ELECTRIC UTILITY ENTERPRISE
BOARD
City of Fort Collins Page 2
Between First and Second Reading of Ordinance No. 010, approving the loan agreement with the
Colorado Energy Office (CEO), revisions have been made to the loan agreement and its exhibits to
clarify that the Enterprise’s obligation to repay the CEO loan is to be paid only from the Electric
Utility’s “Net Pledged Revenues,” as this term is now defined in the CEO loan agreement. Revisions
have also been made to clarify that the Enterprise’s obligation to repay the CEO loan shall be on parity
with the Enterprise’s obligations to repay the existing U.S. Bank loan and the proposed Vectra Bank
loan, but subordinate to the Enterprise’s obligation to repay the bonds issued in 2018 for Connexion.
OTHER BUSINESS
ADJOURNMENT