City Council Minutes 1995 03 21 - Laserfiche WebLink

Home Browse Search

NCWCD DISTRICT & SUBDISTRICT INCLUSION RESOLUTION, ORDINANCE NO. 1183, SERIES 1995, AND ORDINANCE NO. 1184, SERIES 1995 ORDINANCE NO. 1183, SERIES 1995 - CONSENTING TO THE CITY OF LOUISVILLE'S INCLUSION IN THE NORTHERN COLORADO WATER CONSERVANCY DISTRICT - 2ND READING - PUBLIC HEARING (PUBL. LSVL. TIMES 3/11/95) Tanoue read by title only Ordinance No. 1183, Series 1995, "An ordinance consenting to the City of Louisville's inclusion in the Northern Colorado Water Conservancy District." She commented that there was a second reading amendment to this ordinance (SEE ATTACHED). Tom Phare, Public Works Director, stated that this project, given the level of development of the Northern District's facility, the cost effectiveness of a combined Windy Gap and CBT water supply, indicated that this was a sound financial decision, as well as a sound decision for securing this community's future water supply. He stated that in comparing the cost effectiveness of the project, if the city was to accomplish the water supply that this project was going to do on a firm basis from Marshall Lake alone, 29 acre feet (the ultimate capacity of the pipeline) at $10,000/share, using 1 acre foot/share, the city would require $29 million to accomplish the same thing that the city is hoping to acquire at today's market value for the CBT and Windy Gap water rights for approximately $9.4 million. Davidson opened the public hearing calling for anyone wishing to speak on this ordinance. NONE Davidson closed the public hearing and called for Council comments or questions. Howard stated that there was some concern in the community as to whether or not Louisville's participation in this project was against the Tabor Amendment. Tami Tanoue, Griffiths & Tanoue, City Attorneys, stated that it was the opinion of the attorneys for the District, which they agree with, that the application of an existing mill levy to property that was being included within the District or its municipal sub-district would not be subject to voter approval under the Tabor Amendment. The principal basis for this opinion is a State Statute in existence since 1993, Section 37.45.105 (2). Howard wanted to ensure that there is no increase in taxes. Davidson asked if there would be any debt acquired by Louisville in participating in NCWCD. Phare: No. All our transactions are budgeted to come from available funds in the Water Fund.