City Council Minutes 1993 12 21 - Laserfiche WebLink

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outlet works modification, the first segment. Longmont's decision is to continue their participation from that point down to where the pipeline will branch off to the east and take over participation that originally had been requested by Public Service. Howard: On Page 4, item "e.," what happens if we don't use our pro rata share of any excesses? Trout: Howard: If you don't use it, you could lease it to somebody else, or you could sell it. If you don't do anything, it's not used by anybody. Under the Contact other participants do not have the right to use your capacity without your specific approval. On item "g.,,, what happens don't participate? Are we reimbursed under this clause? if we still Trout affirmed this. Howard: On Page 7, iii., you don't appear to have enough head to generate any substantial hydroelectric power. Is there any chance of a hydroelectric power station being put into place? Trout stated that there.was not. Howard: Page 8, 6.a., second line from the bottom, the $8,200 Allottee shall pay additional, what is this additional pre-construction cost for? Trout stated that those were costs that were not anticipated at the time the original estimate was made less than a year ago. Howard: On Page 9, b.i., the safety margin of 5%, it wasn't clear to me what happens if the project goes over the 5%. Are we going to get an additional billing or is that going to be taken over by the District? Trout explained that initially each participant paid 105% of construction costs. The first 5% the District will use for change orders and to pay any additional pre-construction costs that have not been anticipated. If and when the first 5% has been depleted, there is the other 5% that participants are required to pay into 4