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<br />City Council <br />Meeting Minutes <br />June 7, 2005 <br />Page 5 of 16 <br /> <br />Eva Kosinsky, 1301 Jackson Court, Louisville, CO voiced her confusion with the <br />CAFRA report relative to the reuse water line and the Golf Course Bonds. She <br />asked where lawsuits against the City are accounted for in the CAFRA. Finance <br />Director Leslie explained a lawsuit expense would appear in the CAFRA notes <br />and the reuse waterline would appear under capitalized items. <br /> <br />City Manager Simmons reported the City received a loan from the Colorado <br />Water and Power Authority in 2002, which was used for the reuse water line, <br />water rights acquisition and improvements to the Louisville Water Treatment <br />Plant. The reuse water service line will also be used to water the new <br />Community Park and open space areas. <br /> <br />COUNCIL COMMENTS <br /> <br />Council member Brown asked Ms. Swanhorst to address the City's information <br />technology program. Ms. Swanhorst commented the City's financial software <br />system is old, and the IT staff may not be trained to manage a new system. <br /> <br />City Manager Simmons stated the financial software is ten years old, and the <br />2005 budget provides Capital Funds to update that system. A new system would <br />accommodate other departments, and permit departments to share information. <br /> <br />Mayor Sisk commended Finance Director Leslie, for her work on the 2004 <br />Comprehensive Annual Financial Report (CAFRA), and extended Council's <br />thanks to Ms. Swanhorst. <br /> <br />ORDINANCE No. 1464, SERIES 2005 - AN ORDINANCE OF THE CITY OF <br />LOUISVILLE, BOULDER COUNTY, COLORADO, GRANTING A NON- <br />EXCLUSIVE FRANCHISE TO PUBLIC SERVICE COMPANY OF COLORADO, <br />ITS AFFILIATES, SUCCESSORS AND ASSIGNS, OF THE RIGHT TO USE <br />THE STREETS WITHIN THE CITY TO FURNISH, SELL, TRANSMIT, <br />TRANSPORT AND DISTRIBUTE GAS AND ELECTRICITY TO THE CITY AND <br />TO ALL RESIDENTS OF THE CITY, GRANTING THE RIGHT TO ACQUIRE, <br />CONSTRUCT, INSTALL, LOCATE, MAINTAIN, OPERATE AND EXTEND <br />INTO, WITHIN AND THROUGH THE CITY ALL FACILITIES REASONABLY <br />NECESSARY TO FURNISH, SELL, TRANSMIT, TRANSPORT AND <br />DISTRIBUTE GAS AND ELECTRICITY WITHIN AND THROUGH THE CITY, <br />AND GRANTING THE RIGHT TO PROVIDE STREET LIGHTING SERVICE TO <br />THE CITY; AND FIXING THE TERMS AND CONDITIONS THEREOF - 2nd <br />reading - public hearing (advertised Daily Camera 4/23/05) continued from <br />5/17/05 <br /> <br />Mayor Sisk requested a City Attorney introduction. <br /> <br />City Attorney Light read Ordinance No. 1464, Series 2005. <br />