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HomeMy WebLinkAbout1995-100-07/18/1995-COMPETITION CONSOLIDATE SERVICES ELECTRIC UTILITY IGA PLATTE RIVER POWER AUTHORITY RETAIL WHEELING U_ .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. RESOLUTION 95-100 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING AN INTERGOVERNMENTAL AGREEMENT TO STUDY THE OPPORTUNITY TO CONSOLIDATE SERVICES BETWEEN THE FORT COLLINS ELECTRIC UTILITY AND OTHER PLATTE RIVER POWER AUTHORITY MUNICIPAL ELECTRIC UTILITIES TO BETTE R MEET THE CHALLENGES OF POTENTIAL COMPETITION WHEREAS,the Fort Collins City Council has acknowledged the significance of deregulation in the electric utility industry by adopting Resolution 95-62; and WHEREAS, Resolution 95-62 articulated the values that the Fort Collins City Council believes are important in the delivery of energy services to the community; and WHEREAS, the potential for local competition through retail-wheeling may require additional cooperation between Platte River Power Authority and its member/owner communities in order to remain competitive; and WHEREAS, the Fort Collins City Council believes that it is important to determine whether there are potential benefits to be obtained from further consolidation of some or all of the electrical operations and energy services provided by Platte River Power Authority and its member distribution systems; and WHEREAS,the Fort Collins City Council has determined that it is important to investigate any financial,legal,operational and institutional obstacles that may need to be addressed in the event that partial or complete consolidation of services appears to be warranted; and WHEREAS,the Fort Collins City Council believes that some aspects of this research should be conducted directly by the four member communities. NOW,THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows: Section 1. That the Mayor is hereby authorized to enter into one or more intergovernmental agreements with the member communities of Platte River Power Authority for the purpose of conducting such studies as are necessary in order to better prepare said communities to anticipate the potential impacts of deregulation in the electric utility industry and to address subsequent competitive issues to determine whether additional economic and service delivery benefits may be obtained through partial or total consolidation of operations between and among the member communities and/or Platte River Power Authority. Section 2. That the Fort Collins Electric Utility's share of the cost of-said studies shall-not exceed Fifty Thousand Dollars ($50,000). Passed and adopted at a regular meeting of the Council of the City of Fort Collins held this 18th day of July, A.D., 1995. Mayor ATTEST: 1G1v-t�l- k) �ity Clerk 2