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HomeMy WebLinkAbout1977-007-02/01/1977-APPROVING AN AGREEMENT TO BE ENTERED INTO WITH THE CITY OF LOVELAND, CITY OF LONGMONT, AND TOWN OF E RESOLUTION 7 7-7 _ OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROVIN^ AN AGREEMENT TO BE r � ENTERED INTO WITH F CITY OF LOVELAND, CITY OF LO1 )NT, AND TOWN OF ESTES PARK, COLORADO, AMENDING THE ORGANIC .CONTRACT ESTABLISHING PLATTE RIVER POWER AUTHORITY AS A SEPARATE ENTITY WHEREAS, by Organic.Contract dated June 17, 1975 (the "Organic Contract") the Municipalities of. Fort Collins , Loveland, Longmont and Estes Park (the "Municipalities") established a separate governmental entity to be known as Platte River Power Authority (the "Authority"), to be used by the Municipalities to effect the development of electric energy resources and the production and transmission of electric energy to supply the electric power and energy required i by the municipal electric distribution systems of the Municipalities-, and WHEREAS, on November 18, 1976, the Municipalities amended said Organic Contract to increase the number of members on the Board of Directors of the Authority (the "Board") by adding to the Board the Mayors of the respective i Municipalities and made the incidental changes necessitated by such increase but in all other respects left the Organic ,Contract in full force and effect; and WHEREAS, . the Municipalities now desire to authorize the respective Mayors, if they so desire, to designate some other member of the governing board of that respective Municipality to serve as a Director of the Authority in place of the Mayor; NOW THEREFORE BE IT. RESOLVED by the Council :of'.the City-of Fort Collins, Colorado, that the amendment of Organic Contract establish- - - --- -- - ing Platte River Power Authority as a Separate Governmental Entity, in the form presented to this meeting and a copy of which is on file with the city _ Clerk, be and hereby is approved and adopted by the council of the city_ of Fort Collins, Colorado, and the Mayor and City Clerk are here:=- by authorized and directed to execute said Amendment of Organic Contract on behalf of the City of Fort Collins and to take such further action, ' if any, as shall be necessary to effectuate such Amendment. i Passed and adopted at a regular .meeting of the City Council held this 1st day of February, A.D. 1977. Mayor i ATTEST: City Clerk i i � t -2- f