HomeMy WebLinkAboutLEISTIKOW ANNEXATION & ZONING - ANX110003 - CORRESPONDENCE - (10)of
Fort`'Collins
September 15, 2011
Ms. Janice E. Leistikow
Mr. Wayne B. Leistikow
6732 S Timberline Road.
Fort Collins, CO 80528
Re: Electric Service to the proposed Leistikow Annexation
Dear Janice and Wayne Leistikow:
utih.,�s
electric - stormwater • wastewater - water
700 Wood Street
PO Box 580
Fort Collins, CO 80522
970.221.6700
970.221.6619 — fax
970.224.6003 — TDD
utilities@fcgov.com
fcgov.com/utilities
The City of Fort Collins Utilities has received copies of the proposed Leistikow Annexation from the
City's Current Planning Department. 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.
Poudre Valley Rural Electric Association (PVREA) currently provides electric service to this area. To
compensate PVREA for the loss of territory, Colorado State statute 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 monthly 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,
Ellen Switzer,
Financial Operations Manager
cc: Ted Sheppard, Current Planning Dept.