HomeMy WebLinkAbout1974-072-07/25/1974-APPROVING AN ASSIGNMENT TO PLATTE RIVER POWER AUTHORITY r
RESOLUTION
OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROVING AN
ASSIGNMENT TO PLATTE RIVER POWER AUTHORITY
WHEREAS, heretofore the City of Fort Collins has participated along
with the Cities of Loveland, Estes Park, Greeley, Longmont and Boulder in a
venture to acquire and develop additional waters from a project known as the
"Windy Gap Project", and
WHEREAS, the Municipal Subdistrict of the Northern Colorado Water
Conservancy District (hereinafter referred to as the "Subdistrict") , was formed
to develop such waters for the Cities participating, and
WHEREAS, the Subdistrict has extended to the six participating Cities
the preferential right to sign an allotment agreement for the waters to be developed
from the Windy Gap Project, and
WHEREAS, the Platte River Power Authority is an agency and instrumentality
of the City of Fort Collins that supplies the electrical power and energy
requirements of the City, and
WHEREAS, the Platte River Power Authority has requested that, if the
City makes a determination that it does not desire to execute an allotment
contract with the Subdistrict for its water utility, the City assign its prefer-
ential right to enter into such allotment contract to the Platte River Power
Authority, and
11HEREAS the Water Board of the City of Fort Collins has made a study and
has recommended to the City Council that the City of Fort Collins not enter into
an allotment agreement with the Subdistrict in connection with its water utility
but that the City assign its right to enter into such allotment agreement to the
Platte River Power Authority, and
WHEREAS, it is the opinion of the City Council that the recommendation
of the Water Board should be followed and
WHEREAS, an assignment from the City of Fort Collins to Platte River
Power Authority has been prepared and approved by the City Attorney and the City
Manager
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS
that the right of the City of Fort Collins to a preferential share of one-sixth
(1/6) of the waters developed by the municipal subdistrict of the Northern Colorado
Water Conservancy District be assigned to the Platte River Power Authority, an
agency and instrumentality of the City of Fort Collins, to be used for the pro-
duction of electrical power to meet the energy requirements of the City of Fort
Collins
BE IT FURTHER RESOLVED that the assignment prepared and presented to the
City Council be, and the same hereby is, approved and accepted, and the Mayor
and City Clerk be, and they hereby are, authorized and directed to execute
said assignement for, and on behalf of, the City Fort Collins
Passed and adopted at a Special Meeting of the City
Council on this 25th day
of July, 1974
ATTEST
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City Cler;.