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RESOLUTION NO. 19 <br />SERIES 2024 <br />A RESOLUTION APPROVING A MEMORANDUM OF UNDERSTANDING <br />WITH XCEL ENERGY FOR THE IMPLEMENTATION OF A COMMUNITY <br />DECARBONIZATION PLAN <br />WHEREAS, the City of Louisville remains committed to its adopted goals to reduce <br />energy consumption, increase clean energy sources, and support the transition to a low - <br />carbon community as outlined in the Sustainability Action Plan and Climate Action Goals; <br />and <br />WHEREAS, Xcel Energy has offered to partner with the City in the development <br />and implementation of a Community Decarbonization Plan that reflects the City's vision <br />in reducing greenhouse gas emissions through energy efficiency, building and <br />transportation electrification and energy supply; and <br />WHEREAS, there has been proposed a Memorandum of Understanding ("MOU") <br />to confirm the City's and Xcel Energy's intent to participate in the implementation of the <br />City's Decarbonization Plan. <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF <br />THE CITY OF LOUISVILLE, COLORADO: <br />Section 1. The Memorandum of Understanding ("MOU") between the City of <br />Louisville and Xcel Energy to confirm the City's and Xcel Energy's intent to participate in <br />implementation of the Community Decarbonization Plan, a copy of which MOU <br />accompanies this Resolution, is hereby approved. <br />Section 2. The Mayor is hereby authorized to execute the MOU, and the Mayor <br />is hereby further authorized to negotiate and approve such revisions to the MOU as the <br />Mayor determines are necessary or desirable for the protection of the City, so long as the <br />essential terms and conditions of the MOU are not altered. <br />PASSED AND ADOPTED this 2"d day of April 24. <br />Christop e . Leh, Mayor <br />Resolution No. 19, Series 2024 <br />Page 1 of 1 <br />