Public hearing on city electric rates tonight
GLENWOOD SPRINGS, Colorado – City Council will hold a public hearing during its regular meeting tonight to consider a proposed 2 percent increase in city electric rates starting in 2013.
The increase is needed in part for the city-run electric utility to meet operating expenses under a new wholesale contract with the Municipal Energy Agency of Nebraska (MEAN), according to public works director Robin Millyard.
The existing MEAN contract expires at the end of this year. The new contract is projected to result in a 22 percent increase in the city’s wholesale rate.
A possible longer-term contract continues to be explored with MEAN, which would reduce that rate.
Existing debt payments and planned construction of a new office/warehouse for the city electric department on Devereux Road are also factored into the proposed customer rate increase, Millyard said.
The regular City Council session begins at 6 p.m. at Glenwood Springs City Hall, 101 W. Eighth St.
Also on the agenda tonight:
• A conceptual review for a new Honda dealership at a 2-acre site on Highway 6 near the Village Green Apartments, just east of the site where a new Chevrolet dealership was recently approved.
• Consideration of an additional $950,000 appropriation for the city parking structure that’s under construction at Ninth and Cooper. The $4.5 million project is being jointly funded by the city and the Downtown Development Authority.
• A 5 p.m. work session to review council’s 2012 projects/issues list.
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