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HomeMy WebLinkAbout13308RESOLUTION NO. 13308 A RESOLUTION GRANTING BLACK HILLS COLORADO ELECTRIC COMPANY - PUEBLO FRANCHISE THE USE OF $1,200,000 FROM THE UNDERGOUND FEES ESCROW ACCOUNT FOR RELOCATING OVERHEAD ELECTRIC FACILITIES UNDERGOUND, ALONG INTERSTATE 25 AS PART OF THE ILEX PROJECT WHEREAS, CDOT is constructing a new section of Interstate 25 between Ilex Street and Center City Drive as known as the Ilex Project, and WHEREAS, Black Hills Energy currently uses overhead electric facilities, which impedes with the design and construction of the Ilex project, and WHEREAS, the City has been requested to financially assist Black Hills Energy and Pueblo County with the construction costs required to relocate electric facilities; and WHEREAS, the project and use of the escrow funds is consistent with intent of the Black Hills Franchise agreement; and WHEREAS, there is currently $2,408,391 available in the Black Hills Colorado — Pueblo Franchise Underground Fee escrow fund; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1 The Pueblo City Council authorizes the use of funds up to the amount of $1,200,000 from the Black Hills Colorado — Pueblo Franchise Underground Fee escrow fund for project associated with the relocation of overhead electric facilities along Interstate 25 between Ilex Street and Center City Drive. SECTION 2. The officers and staff of the City are directed and authorized to perform any and all acts consistent with the intent of this Resolution to effectuate the policies and procedures described herein. SECTION 3. This Resolution shall become effective immediately upon passage and approval INTRODUCED: September 28. 2015 C '••- • Ell - M"9IT, ISam I awiOMNI 2 rel I ATTESTED CI om i iw City Clerk's Office Item # Q-1 C f y of IIIIIIIIIIIIVIIIIIII I VIVIVI ...._ O BACKGROUND PAPER FOR PROPOSED RESOLUTION COUNCIL MEETING DATE: September 28, 2015 TO: President Stephen G. Nawrocki and Members of City Council CC: Sam Azad, City Manager VIA: Gina Dutcher, City Clerk FROM: Earl Wilkinson, Director of Public Works SUBJECT: A RESOLUTION GRANTING BLACK HILLS COLORADO ELECTRIC COMPANY - PUEBLO FRANCHISE THE USE OF $1,200,000 FROM THE UNDERGOUND FEES ESCROW ACCOUNT FOR RELOCATING OVERHEAD ELECTRIC FACILITIES UNDERGOUND, ALONG INTERSTATE 25 AS PART OF THE ILEX PROJECT SUMMARY: This Resolution grants Black Hills Colorado Electric Company — Pueblo Franchise $1,200,000 to relocate overhead electric facilities underground for the Interstate 25 as part of the Ilex Project. PREVIOUS COUNCIL ACTION: 2013 Resolution No. 12716 Authorizing a Request for Acceleration of Funding for the Maintenance and Projects related to Interstate 25 and US -50. BACKGROUND: The Black Hills franchise agreement established an underground fee for all customers. The fee is deposited into an escrow account for undergrounding overhead electric facilities on public projects. The Colorado Department of Transportation (CDOT) is constructing and increasing the capacity of Interstate 25 between Ilex Street and Center City Drive. This is the first phase of several phases necessary to improve 125 through the City of Pueblo to current engineering standards and provide additional future capacity. This project will consist of removing 24 existing wood poles and the associated overhead conductor and distribution system equipment (transformers, etc.) and the replacement of that infrastructure with approximately 18,000 linear feet of underground cable in 6000 linear feet of conduit and the appropriate underground pad -mounted equipment. The areas impacted along Interstate 25 are along Santa Fe Avenue, Gruma Street, Richmond Avenue, Alan Hamel Drive, Main Street, Hector Garcia Place, North Mechanic Street and Center City Drive (see attachment OH to UG Option)? FINANCIAL IMPLICATIONS: None. Funds in the amount of $2,408,391 are available in the Black Hills Colorado — Pueblo Franchise Underground Fee escrow fund. After approval of this Resolution, $1,208,391 remains. BOARD/COMMISSION RECOMMENDATION: None. STAKEHOLDER PROCESS: None. ALTERNATIVES: Denial of this Resolution will result in project design and construction. Lege 'I It s III Mission ` .;E Fo