NOTICE OF APPLICATION FOR FRANCHISE

80446 | 06/13/2019 | Ad id: 8-0000429952-01
Details

NOTICE OF APPLICATION FOR FRANCHISE BY PUBLIC SERVICE COMPANY OF COLORADO PUBLIC NOTICE IS HEREBY GIVEN that at the regular meeting of the Board of Trustees of the Town of Granby, Grand County, State of Colorado, to be held on June 25, 2019, sometime at or after the hour of 6:00 p.m., at its usual meeting place at Granby Town Hall, Zero Jasper Avenue, in the Town of Granby, Colorado, Public Service Company of Colorado (d/b/a Xcel Energy) (the "Company"), a corporation duly organized and existing under and by virtue of the laws of the State of Colorado, will make application to the Town of Granby for the passage of an ordinance granting to the Company a franchise in the Town, entitled: AN ORDINANCE OF THE BOARD OF TRUSTEES OF THE TOWN OF GRANBY COLORADO APPROVING A FRANCHISE AGREEMENT WITH PUBLIC SERVICE COMPANY OF COLORADO, D/B/A XCEL ENERGY, GRANTING TO XCEL ENERGY THE NON-EXCLUSIVE RIGHT TO MAKE REASONABLE USE OF TOWN STREETS, PUBLIC UTILITY EASEMENTS AND OTHER TOWN PROPERTY TO PROVIDE GAS UTILITY SERVICE TO THE TOWN AND ITS RESIDENTS; TO SELL, STORE, PURCHASE, EXCHANGE, TRANSMIT, TRANSPORT, AND DISTRIBUTE GAS UTILITY SERVICES WITHIN AND THROUGH THE TOWN ALL IN ACCORDANCE WITH THE TERMS AND CONDITIONS OF THE FRANCHISE AGREEMENT; SPECIFYING THAT THE FRANCHISE SHALL BE EFFECTIVE UPON THE EFFECTIVE DATE OF THIS ORDINANCE AND FOR A TERM OF TWENTY (20) YEARS THEREAFTER; SETTING A FRANCHISE FEE OF 3% OF THE GROSS REVENUES OF XCEL ENERGY AS DEFINED IN SAID FRANCHISE; PROVIDING FOR A SURCHARGE THEREFORE; AUTHORIZING THE MAYOR TO EXECUTE THE FRANCHISE AGREEMENT FOR AND ON BEHALF OF THE TOWN AND THE TOWN CLERK TO ATTEST THERETO; AND, SETTING FORTH OTHER DETAILS RELATED THERETO. The franchise to be applied for will be for a period of twenty (20) years and shall provide for a franchise fee to the Town in the amount of three percent (3%) of all revenues received from the sale and transportation of gas within the Town, excluding revenues received from the Town for the sale of gas to the Town. Dated at Granby, Colorado, this 28th day of May, 2019. PUBLIC SERVICE COMPANY OF COLORADO By: Craig Eicher, Area Manager Published two times on the following Thursdays, June 13 and June 20, 2019 in the Middle Park Times. 0000429952