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HomeMy WebLinkAboutROBERT SHIELDS 2ND ANNEXATION & ZONING - 19-94D, E - CORRESPONDENCE - CITY STAFFr Sao rip RLP OUT car a I - pA 7 0 �bti Q .m`a�0`as s Sr S'o tiro° P� EP rip 0 0� Sti PCO r it Limits EP a IL Z Gw��a O�0r► U VICINITY MAP 19-9413, C ROBERT SHIELDS 2nd Annexation and Zoning 06/13/95 0 )Pt)jaL,(- Pour)P VAlk& VA June 22, 1995 Page 2 For your reference, I have enclosed a map showing the approximate boundary between the PSC & PVREA service territory. If you would like specific information on the cost of electric service after annexation, or would like your current bills calculated on City's rates, please call me at 221-6700. Sincerely, du,_ir „a Ellen Alward Administration Services Manager EA: fls Enclosure Utility Se. ces Light & Power Lit y or rort %-,oiiins June 22, 1995 Wendy L. Shields Robert W. Shields 3910 S.County Road 9 Fort Collins, CO 80525 Ilene E. Shields 3900 S. County Road 9 Fort Collins, CO 80525 RE: Electric Service to Robert Shields 2nd Annexation Dear Property Owners: The City of Fort Collins Light and Power Utility has received a copy of the proposed Robert Shields 2nd Annexation from the Planning Department. Electric service to the eastern portion of the proposed annexation is currently provided by Poudre Valley Rural Electric Association (PVREA). The western portion is in Public Service Company electric service territory. Following annexation, the. City will assume responsibility for providing electric service to the area. In most cases, the transfer of service territory will take place within one year of annexation. To compensate PVREA for the loss of this territory, 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 to all PVREA customers within the annexation at the time the service territory is transferred to City Light and Power. A 5% service rights. fee is applicable to new customers added within PVREA's former territory after transfer of the electric service within the annexation.. Service rights fees terminate ten years after the electric customers and facilities are transferred to the City. It's important you know that service rights fees will apply to the eastern portion of this annexation because they are collected from annexed customers through the City's rates. However, the City's electric charges are among the lowest in the state. The City's rates will thus help to mitigate the impact of the service rights fee. This state law does not govern the transfer of that area. currently served electricity by Public Service Company. There is no charge to the customer for the transfer of the western portion of the annexation from Public Service Company. � 700 Wood Street • P.O. Box 580 • Fort Collins, CO 80522-0580 • (970) 221-6700 • FAX (970) 221-6619 • TDD (970) 224-6003