HomeMy WebLinkAbout15761RESOLUTION NO. 15761
A RESOLUTION AUTHORIZING FUNDS IN THE AMOUNT OF
$57,344.86 FROM THE BLACK HILLS ENERGY
UNDERGROUND UTILITY FUND TO BE EXPENDED FOR THE
PURPOSE OF RELOCATING OVERHEAD ELECTRIC
FACILITIES UNDERGROUND WITH RESPECT TO THE FIRE
STATION #6 PROJECT
WHEREAS, Article 11 of the Black Hills Franchise Agreement established an
underground fee to be collected from Black Hills customers and deposited into an escrow
account for undergrounding overhead electric facilities on public projects and improvements;
and,
WHEREAS, the Project and use of the escrow funds is consistent with the intent of the
Black Hills Franchise Agreement; NOW, THEREFORE,
BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that
SECTION 1.
Funds in an amount of $57,344.86 are hereby authorized and made available to be
expended from the Black Hills Energy Underground Utility Fund for the purpose of relocating
overhead electric facilities underground with respect to the Fire Station #6 Project.
SECTION 2.
The officers and staff of the City are authorized and directed to perform any and all acts
consistent with this Resolution to implement the policies and procedures described herein.
SECTION 3.
This Resolution shall become effective immediately upon passage and approval.
INTRODUCED: September 23, 2024
BY: Dennis Flores
MEMBER OF CITY COUNCIL
APPROVED: __________________________
PRESIDENT OF CITY COUNCIL
ATTESTED BY: ________________________
CITY CLERK
City Clerk's Office Item # M9
Background Paper for Proposed
Resolution
COUNCIL MEETING DATE: September 23, 2024
TO: President Mark Aliff and Members of City Council
CC: Mayor Heather Graham
VIA: Marisa Stoller, City Clerk
FROM: Andrew Hayes, Public Works Director
SUBJECT: A RESOLUTION AUTHORIZING FUNDS IN THE AMOUNT OF
$57,344.86 FROM THE BLACK HILLS ENERGY UNDERGROUND
UTILITY FUND TO BE EXPENDED FOR THE PURPOSE OF
RELOCATING OVERHEAD ELECTRIC FACILITIES UNDERGROUND
WITH RESPECT TO THE FIRE STATION #6 PROJECT
SUMMARY:
This Resolution authorizes the expenditure of funds in the amount of $57,344.86 from
Black Hills Energy Underground Utility Fund to relocate overhead electric facilities
underground in support of the proposed Fire Station #6 at 111 Victory Lane.
PREVIOUS COUNCIL ACTION:
None.
BACKGROUND:
This Resolution will approve the use of funds for the purpose of undergrounding the
main-line three-phase electrical distribution lines around new Fire Station #6 at 111
Victory Lane. Black Hills Energy provided a budgetary cost estimate in 2022; however,
the building has moved since that time and the estimate needs to be updated. In order
to meet the construction schedule indicated by Nunn Construction, the City needs to be
ready to approve the updated cost from Black Hills Energy as soon as possible after the
estimate is received.
At the July 8, 2024, City Council approved the use of up to $250,000 of the Black Hills
Energy Underground Utility Fund; however, the final cost to complete the
undergrounding of the overhead electric at Fire Station 6 is $307,344.86. This
Resolution approves the additional funds needed.
FINANCIAL IMPLICATIONS:
Funds in the amount of $57,344.86 will be approved for expenditure from the
underground funds account held by Black Hills Energy on behalf of the City.
BOARD/COMMISSION RECOMMENDATION:
Not applicable to this resolution.
STAKEHOLDER PROCESS:
Not applicable to this resolution.
ALTERNATIVES:
Failure to approve this resolution will prevent the City from funding the undergrounding
of overhead power lines in the project area.
RECOMMENDATION:
Approval of the Resolution.
ATTACHMENTS:
None