HomeMy WebLinkAboutORDINANCE 10-08C
ORDINANCE NO.10-08
AN ORDINANCE CONCERNING PLATTE RIVER POWER AUTHORITY AND THE
TOWN’S ELECTRIC FACILITIES;AUTHORIZING THE EXECUTION AND DELIVERY
OF AN AMENDED AND RESTATED ORGANIC CONTRACT ESTABLISHING PLATTE
RIVER POWER AUTHORITY AS A SEPARATE GOVERNMENTAL ENTITY AND AN
AMENDED CONTRACT FOR THE SUPPLY OF ELECTRIC POWER AND ENERGY.
WHEREAS,the Board of Trustees has received,and there are now on file in the
office of the Town Clerk,an Amended and Restated Organic Contract Establishing
Platte River Power Authority as a Separate Governmental Entity and an Amended
Contract for the Supply of Electric Power and Energy;and
WHEREAS,the Amended and Restated Organic Contract Establishing Plaffe
River Power Authority as a Separate Governmental Entity is an agreement among the
Town of Estes Park and the Cities of Fort Collins,Longmont and Loveland,all in the
State of Colorado (“Municipalities”);and
WHEREAS,the Amended Contract for the Supply of Electric Power and Energy
is an agreement between the Town and the Platte River Power Authority (“Authority”);
and
WHEREAS,the Amended Contracts are for the proper,efficient,and continuing
conduct of the Authority to perform its duties;and
WHEREAS,the Town,through its Light and Power Enterprise,owns,operates
and maintains electric light and power works and distribution systems to provide electric
service to its service area;and
WHEREAS,the Amended Contracts will allow the Town to continue to operate
its Light and Power Enterprise.
NOW,THEREFORE,BE IT ORDAINED BY THE BOARD OF TRUSTEES OF
THE TOWN OF ESTES PARK,COLORADO.
Section 1:That the Town contract with the other Municipalities as set forth in the
Amended and Restated Organic Contract Establishing Plane River Power Authority as
a Separate Governmental Entity in substantially the form as on file with the Town Clerk.
Section 2:That the Town contract with the Authority as set forth in the Amended
Contract for the Supply of Electric Power and Energy.
0
Section 3:That the officers of the Town as designated in each such Amended
Contract be directed to execute and deliver each Amended Contract.
PASSED AND ADOPTED BY THE BOARD OF TRUSTEES OF THE TOWN OF
ESTES PARK,COLORADO THIS 22nd DAY OF Yocj 2008.
Town ltlerk
TOWN OF ESTES PARK
By:
ATTEST:
r