HomeMy WebLinkAboutCOLLEGE & TRILBY - ANNEX. & ZONING - 32-04 - CORRESPONDENCE - (5)Utilitie..
electric • stormwater • wastewater • water
City of Fort Collins
August 11, 2004
COL College and Trilby, LLC
5100 W Kennedy, Suite 225
Tampa, FL 33609
RE: Electric Service to the Proposed College and Trilby Annexation, Fort Collins, CO
The City of Fort Collins Utilities has received a copy of the proposed College and Trilby Annexation
from the City of Fort Collins' Current Planning Department. Poudre Valley Rural Electric Association
(PVREA) currently provides electric service to this area. The City of Fort Collins Utilities will assume
responsibility for providing the electric service following annexation. In most cases, the transfer of
electric service territory will take place within one year of annexation.
To compensate PVREA for the loss of territory, Colorado State law requires a payment of service rights
fees to PVREA. The fee is equal to 25% of the City's revenue for electric service for all customers within
the annexation at the time the territory is transferred to Fort Collins Utilities. A 5% service rights fee is
applicable to new customers added within the annexation boundaries after the transfer of the service
territory. All service rights fees terminate ten years after the electric customers and facilities are
transferred to the City.
It is important you know that service rights fees will apply to this annexation because the fees are
collected from annexed customers through the City's electric rates. However, the City's electric rates are
among the lowest in the State and will help mitigate the impact of the service rights fee.
If you would like additional information on the cost of electric service following annexation, please call
me at 970.221.6714. 1 can also be reached by e-mail at eswitzer@fcgov.com.
Sincerely,
Ellen Switzer,
Financial Operations Manager
cc: Steve Olt, City of Fort Collins, Current Planning Dept.
700 kVood St. • P.O. Box 580 • Fort Collins, CO 80522-0580 • (970) 221-6700 • FAX (970) 221-6619 • TDD (970) 224-6003
e-mail: utilities@fcgov.com • „-�vw.fcgov.com/utilities
PROJECT
COMMENT SHEET
DATE: August 8, 2004 TO: Light & Power —
Ellen Switzer
PROJECT: #32-04 College and Trilby Annexation and
Zoning — 6541 S. College Avenue — Type II
(LUC)
All comments must be received by Steve Olt no later than the staff
review meeting:
September 1, 2004
Note - PLEASE identify your redlines for future reference
CL,�
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RECEIVED
AUG 1 Z Z004
CURRENT PLANNING
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Name (please print)
CHECK HERE IF YOU WISH TO RECEIVE COPIES OF REVISIONS
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