NOTICE OF ADOPTION OF ORDINANCE Pleas

80442 | 02/27/2020 | Ad id: 8-0000554954-01
Details

NOTICE OF ADOPTION OF ORDINANCE

Please take notice that, on February 19, 2020 the Board of Trustees for the Town of Fraser, Colorado, approved and adopted an Ordinance entitled: TOWN OF FRASER
ORDINANCE NO. 475
Series 2020

AN ORDINANCE OF THE BOARD OF TRUSTEES OF THE TOWN OF FRASER, COLORADO APPROVING A FRANCHISE AGREEMENT WITH MOUNTAIN PARKS ELECTRIC, INC., GRANTING TO MOUNTAIN PARKS ELECTRIC, INC. THE NON-EXCLUSIVE RIGHT TO MAKE REASONABLE USE OF TOWN STREETS, PUBLIC UTILITY EASEMENTS AND OTHER TOWN PROPERTY TO
PROVIDE ELECTRIC UTILITY SERVICE TO THE TOWN AND ITS RESIDENTS; TO SELL AND DISTRIBUTE ELECTRIC UTILITY SERVICES WITHIN AND THROUGH THE TOWN; ALL IN ACCORDANCE WITH THE TERMS AND CONDITIONS OF THE FRANCHISE AGREEMENT; SPECIFYING THAT THE FRANCHISE SHALL BE EFFECTIVE UPON THE EFFECTIVE DATE OF THIS
ORDINANCE AND FOR A TERM OF TWENTY (20) YEARS THEREAFTER; SETTING A FRANCHISE FEE OF 2% OF THE GROSS REVENUES OF MOUNTAIN PARKS ELECTRIC, INC. AS DEFINED IN SAID FRANCHISE AGREEMENT; AUTHORIZING THE MAYOR TO EXECUTE THE FRANCHISE AGREEMENT FOR AND ON BEHALF OF THE TOWN AND THE TOWN CLERK TO ATTEST THERETO; AND, SETTING FORTH OTHER
DETAILS RELATED THERETO.


This Ordinance shall take effect thirty days after passage, adoption and publication thereof as provided by law. A copy of this Ordinance in full is available for public inspection during Town regular business hours at the Town Hall, 153 Fraser Avenue, Fraser, Colorado.

/s/ Antoinette McVeigh, Town Clerk


Published in the Middle Park Times on February 27, 2020. 0000554954