HomeMy WebLinkAboutSUNRISE RIDGE - ANNEXATION & ZONING - 13-05 - CORRESPONDENCE - CITY STAFFUtilities
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City of Fort Collins
March 16, 2005
Kelly and Theresa Smith
7890 Pheasant Run Lane
Wellington, CO 80549
Mr. Howard R Mounts
5101 S County Road 7
Fort Collins, CO 80528
Land Images, Inc.
Attn: Michael Chalona
1136 E. Stuart St. Suite 2040
Fort Collins, CO 80525
Re: Electric Service to Sunrise Ridge Annexation to the City of Fort Collins
The City of Fort Collins Utilities has received a copy of the proposed Sunrise Ridge Annexation from the
City's Current Planning Department. 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.
Poudre Valley Rural Electric Association (PVREA) currently provides electric service to this area. 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 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 Shepard, Current Planning Dept.
700 Wood 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 • www.fcgov.com/utilities