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HomeMy WebLinkAbout1983-084-05/03/1983-AUTHORIZING THE CITY MANAGER TO ENTER INTO AN AGREEMENT WITH THE PUBLIC SERVICE COMPANY OF COLORADO RESOLUTION 83-84 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE CITY MANAGER TO ENTER INTO AN AGREEMENT WITH THE NBLIC SERVICE COMPANY OF COLORADO FOR THE PURCHASE OF 6 18 MILES OF POWERLINE WHEREAS, pursuant to the Facilities Transfer Agreement between the City and Poudre Valley REA, it is necessary for the City to provide elec- trical service to existing and new developments in the recently annexed lands in the Urban Growth Area, south of Harmony Road and west of College Avenue, and WHEREAS, provision of electrical service to said areas would be possible upon acquisition by the City of an existing 44kv electric trans- mission line currentlg owned by the Public Service Company of Colorado, and WHEREAS, in consideration for payment of Sixty-Nine Thousand One Hundred and Eight Dollars and Eighty-Four Cents ($69,108 84) the Public Service Company of Colorado would sell to the City said existing 44kv electric transmission line, and WHEREAS, the City has available in its 1983 budget, the funds neces- sary to purchase said electric transmission line NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS that the City Manager be, and he hereby is, authorized to enter into an agreement with the Public Service Company of Colorado for the purchase of 6 18 miles of an existing 44kv electric transmission line located east of and immediately adjacent to the Burlington Northern Rail- road from a point at Prospect Street to a point one mile south of Trilby Road In consideration for the conveyance of said transmission line, the City is authorized to pay to the Public Service Company of Colorado the sum of Sixty-Nine Thousand One Hundred and Eight Dollars and Eighty-Four Cents ($69,108 84) Passed and adopted at a regular meeting of the City Council held this 3rd day of May, A D 1983 .. e ATTEE4STnn ►► y r i t��