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HomeMy WebLinkAbout1974-074-08/15/1974-AUTHORIZING THE EXPENDITURE OF FUNDS FROM THE ELECTRIC UTILITY TO SUPPORT THE EFFORTS OF THE COLORAD J / RESOLUTION 74-74 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE EXPENDITURE OF FUNDS FROM THE ELECTRIC UTILITY TO SUPPORT THE EFFORTS OF THE COLORADO COUNCIL ON JOINT ENERGY RESOURCES IN OBTAINING THE PASSAGE OF A PROPOSED AMENDMENT TO ARTICLE XI OF THE COLORADO CONSTITUTION WHEREAS, the Colorado General Assembly, by the adoption of SCR-6, has submitted to the qualified electors of Colorado a proposed amendment to Section 2 of Article XI of the Colorado Constitution, which amendment is currently designated as Amendment No 4 on the ballot for the general election to be held in November 1974, and WHEREAS, the Colorado Council on Joint Energy Resources has been formed for the purpose of conducting a campaign to educate the voters of Colorado as to the need to adopt the amendment and to urge their vote in favor of such adoption, and WHEREAS, the Colorado Council on Joint Energy Resources has adopted a budget of $35,000 00 for conducting the campaign and has recommended payments by utilities based upon kilowatt - hour sales of electrical energy in order to meet such budget, and WHEREAS, the Council of the City of Fort Collins did unanimously adopt Resolution No 69 on July 11, 1974, encouraging a "Yes" vote on this amendment in the November election and by the same resolution authorized the City of Fort Collins to obtain a membership in the Colorado Council on Joint Energy Resources, and WHEREAS, it is extremely important from the standpoint of the City electrical utility that the proposed amendment be favorably adopted by the voters at the November election, and it is, therefore, fitting and proper that the City of Fort Collins support the program of the Colorado Council on Joint Energy Resources and make payments to such Council in accordance with their recommendations NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS that the City of Fort Collins actively support the passage of the proposed amendment above referred to by making payment to the Colorado Council on Joint Energy Resources in accordance with its recommendations and on the basis of kilowatt - hour sales of electrical energy provided that the amount to be paid by the City of Fort Collins shall not exceed the sum of $4,198 00 BE IT FURTHER RESOLVED that such payments shall be made from the operating funds of the City Light and Power Utility Passed a adopted at a regular meeting of the City Council held this �%bday of A D 1974 tq CATTEST :7 �Q- /� ayor Q C// � — - City Clerk