Boulder City Council gives green light to first step toward local law creating a municipal utility
The city of Boulder, Colo., took the first formal step this week toward creating a municipal electric utility that could take over local electric service from investor-owned Xcel Energy. Voting unanimously on April 16, the City Council approved an ordinance that would create a city-owned utility, at least on paper.
City leaders have said Boulder has not made a decision yet about whether to move forward with a city takeover of Xcel's distribution system. But by passing the ordinance forming a city-owned utility, they intend to put Boulder in a good position to issue bonds to pay for such a takeover. (See Public Power Daily, April 15.)
The ordinance will be discussed at a public hearing, and the City Council will vote on it again on May 6. If it is approved at that meeting, it will be effective in early June.
The ordinance would create a municipal electric utility, establish the City Council as the utility's governing body, and create a board to advise the council. No one would be appointed to the board until the utility is ready to operate, the city said. If the city does not complete the municipalization process, the ordinance could be removed from the Boulder Revised Code.
More information is posted at www.boulderenergyfuture.com.
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