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<br />ORDINANCE NO. 1458
<br />SERIES 2004
<br />
<br />AN EMERGENCY ORDINANCE AMENDING ARTICLE VI, SECTION 1 OF
<br />ORDINANCE NO. 554, SERIES 1977, AS AMENDED BY ORDINANCE NO. 994,
<br />SERIES 1989, ORDINANCE NO. 1258, SERIES 1997, ORDINANCE NO. 1296, SERIES
<br />1999, ORDINANCE NO. 1378, SERIES 2002, AND ORDINANCE NO. 1449, SERIES
<br />2004, TO EXTEND TO AND INCLUDING FEBRUARY 10,2005, THE ELECTRIC AND
<br />GASEOUS FUEL FRANCHISE GRANTED BY THE CITY OF LOUISVILLE,
<br />COLORADO TO PUBLIC SERVICE COMPANY OF COLORADO.
<br />
<br />WHEREAS, the electric and gaseous fuel franchise granted by the City of Louisville,
<br />Colorado, to Public Service Company of Colorado by Ordinance No. 544, May 17, 1977, as
<br />amended by Ordinance No. 994, May 16, 1989, Ordinance No. 1258, May 6, 1997, Ordinance
<br />No. 1296, April 20, 1999, Ordinance No. 1378, Series 2002 and Ordinance No. 1449, Series
<br />2004 ("franchise"), terminates November 10, 2004, and a extension thereof has been requested;
<br />and,
<br />
<br />WHEREAS, the City Council of the City of Louisville believes that the franchise should
<br />be extended to and include Febmary 10, 2005; and
<br />
<br />WHEREAS, the City Council finds that such an extension of the franchise will allow for
<br />adequate time for additional negotiations and consideration of a new franchise; and
<br />
<br />WHEREAS, the City Council finds that such an extension of the franchise is appropriate
<br />in view of the fact that there are ongoing discussions between the City and Public Service
<br />Company of Colorado regarding a new franchise.
<br />
<br />NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE
<br />CITY OF LOUISVILLE, COLORADO:
<br />
<br />Section 1. Article VI, Section 1, of Ordinance No. 544, May 17, 1977, as amended by
<br />Ordinance No. 994, May 16, 1989, Ordinance No. 1258, April 15, 1997, Ordinance No. 1296,
<br />April 20, 1999, Ordinance No. 1378, Series 2004, and Ordinance No. 1449, Series 2004, is
<br />hereby repealed and reenacted, with amendments, to read as follows:
<br />
<br />ARTICLE VI.
<br />
<br />Section 1. Term Effective Date. This ordinance shall become
<br />effective, as provided by law, thirty days after its publication following final
<br />passage, upon acceptance in writing by the Company within said period, and the
<br />terms, conditions and covenants thereof shall remain in full force and effect to and
<br />including February 10, 2005.
<br />
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