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HomeMy WebLinkAboutordinance.council.013-85 RECORD OF PROCEEDINGS 100 Leaves ORDINANCE NO. I% (Series of 1~'8-~) AN ORDINANCE APPROVING THE TERMS AND CONDITIONS OF A SUPPLEMENTAL AGREEMENT BETWEEN THE CITY OF ASPEN, COLORADO, AND THE MUNICIPAL ENERGY ~GENOY OF NEBRASKA ESTABLISHING A METHOD WITH REGARD TO THE PAY-BACK OF CARRYING CHARGES ASSOCIATED WITH CONSTRUCTION COSTS FOR A TRANSFORMER REQUIRED BY COLORADO UTE AND THE COST SHARING OF MAINTENANCE OF A 25KV;UNDERGROUND LINE BELONGING TO HOBY CROSS ELECTRIC AND DIRECTING THE MRYOR TO EXEGUTE SAID AGREEMENT ON BEHALF OF THE CITY OF ASPEN WHEREAS, there has been submitted to the City Council a sup- plemental agreement between the City of Aspen and the Municipal Energy Agency of Nebraska which agreement establishes a method for the pay-back of carrying charges associated.with construction costs for a transformer required by Colorado ~Ute and the cost sharing of maintenance of a 25ky underground line belonging to Holy Cross Electric. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO: Section 1 That the City Council of the City of Aspen does approve a supplemental agreement between the City of Aspen and the Municipal Energy Agency of Nebraska establishing a method for the pay-back of carrying charges associated with construction costs for a transformer required by Colorado JUte and the cost sharing of main- tenance of a 25ky underground line belonging to Holy Cross Elec- tric, .which agreement is attached hereto and incorporated hereiM; and does further authorize the Mayor to execute said supplemental agreement on behalf of the City of Aspen. Section 2 If any section, subsection, sentence, clause, phrase or por- tion of this ordinance is for any reason held invalid or unconsti- tutional in a court of competent jurisdiction, such portion shall RECORD OF PROCEEDINGS 100 Leaves be deemed a separate, distinct and independent ~ovision and shall not affect the validity of the remaini~ portions thereof. Section 3 A public hearing on the ordinance shall be held on the ~ - day of ...... , 1985, in the City Council Chambers, Aspen City Hall, Aspen, Colorado. INTRODUCED, READ AND ORDERED published as provid~ by law of the City Council of the City of Aspen on the ~day of ~ , 1985. William L. Stifling ATTEST: '-~ ~Kathryn S.~och, City Clerk FINALLY adopted, passed and approved this ~ day of ~2~? , 1985. William~L. Stirling RECORD OF PROCEEDINGS 100 Leaves STATE OF COLORADO CERTIFI~TE COUNTY OF PITKIN I, Kathryn S. Koch, City Clerk of Aspen, Colorado, do hereby certify that the above and foregoing ordinance was introduced, read in full, and passed on first reading at a regular meeting of the City Council of the City of Aspen on ~~'-~ , 1985, and published in the Aspen Times, a weekly newspa~r of general circulation published in the City of Aspen,Colorado, in its issue of ~/~_~/u~ ~/ 1985, and was finally adopted and approved at a regular meeting of the City Council on ~_~, 1985, and ordered published as Ordinance No. /5 , Series of 1985, of said City as provided by law. IN WITNESS WHEREOF, I have hereunto set ~ hand and the seal of said City of Aspen, Colorado this _?~_~ ..... day of ~ 1985. K~City Clerk -S~E A L Deputy City Clerk