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HomeMy WebLinkAboutordinance.council.034-85 CITY OF ASPEN, COLORADO Ordinance No. ~ Series 1985 AN ORDINANCE ADOPTING POLICIES AND PROCEDURES FOR DETERMINING THE PURCHASE PRICE OF POWER PRODUCED BY THE RUEDI HYDROELECTRIC PROJECT AND DELIVERED TO THE CITY OF ASPEN WHEREAS, the City of Aspen is developing a hydroelectric facility at Ruedi Dam jointly with Pitkin County; and WHEREAS, the electrical power to be produced by that facility will be delivered to the City of Aspen by way of existing transmission lines owned and operated by Holy Cross Electric Association and Colorado-Ute Electric association; and WHEREAS, the electrical power delivered to the City of Aspen will be sold to the City of ~spen's electric utility cus- tomers at retail rates; and WHEREAS. the City of Aspen has adopted Ordinance 942, Series of 1984, and Ordinance 99, Series of 1985, which establish, respectively, certain procedures for the setting of retail elec- tric rates and certain retail rates established pursuant to those procedures; and WHEREAS, those Ordinances make reference to the purchase of Ruedi power and to the repayment of Ruedi Project costs from revenues collected throughout the retail sale of electrical energy by the City of Aspen Electrical Utility. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO that the cost of Ruedi powe'r, the price paid by the City of Aspen for that power and the distribu- tion of revenues collected pursuant to retail resale of that power will be determined and implemented according to the provi- sions of Joint Resolution % /~' , dated'~~ /O , 1985, and duly adopted by the Aspen City Council and the Pitkin County Board of Commissioners, and that the relevant cost figures derived therefrom will be applied to the appropriate sections of Ordinance ~42, Series of 1984, and Ordinance ~9. Series of 1985. BE IT FURTHER ORDAINED that the City of Aspen will pay $.035 (3.5 cents) per delivered kilowatt-hour for power produced by the Ruedi Project during 1985. A public hearing on the ordinance shall be held on the 12th day of August, 1985, at 5:00 p.m. in the City Council Chambers, Aspen City Hall, Aspen, Colorado. INTRODUCED, R~D AND ORDERED published as provided by law by the City Council of the City of Aspen on the 10th of June 1985. William L. St FINALLY, adopted, passed and approved on this /~/day~ of ~~ , 1985. William L. Stirl ~~h, City C erk RECORD OF PROCEEDINGS 100 Leaves STATE OF COLORADO CERTIFICATE 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 . /<9 ., 1985, and published in the Aspen Times, a weekly newspaper of general circulation published in the City of Aspen,Colorado, in its issue of ~/~-~ // 1985, and was finally adopted and apProved~/- ~at a regular meeting of the City Council on  /~S , 1985, and ordered published as Ord~n' . er~'es of 1985, of said City as provided by law. IN WITNESS WHEREOF, I have hereunto set my hand and the seal of said City of Aspen, Colorado this _=~ day of Kathryn ~/Koch-, City Clerk SEAL' Deputy City Clerk