HomeMy WebLinkAboutFRONT RANGE ANNEX. & ZONING - 3-00A - CORRESPONDENCE - (5)Utilities
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City of Fort Collins
November 21, 2000
Front Range Limited Partnership
Jeff Timan, President
4720 N. Campbell Avenue, Unit M
Tucson, AZ 85718
Dear Mr. Timan:
RE: Electric Service to the Proposed Timan Annexation to the City of Fort Collins
The City of Fort Collins Utilities has received a copy of the proposed Timan Annexation from
the City's 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.
Sincerely,
,& /� V
Ellen Switzer,
Finance and Budget Manager
cc: Steve Olt, Current Planning Dept.
700 Wood St. • P.O. Box 580 • Fort Collins, CO 800522-0580 • (970) 221-6700 • FAX (970) 221-6619 • FAX (970) 221-6593 • TDD (970) 224-6003
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