I'd still expect a long night.
2010: Voters passed 2B (to replace 3% yearly franchise fee customers pay to Xcel and Xcel pays to Boulder, with Utility Occupation tax, through 2015. Approximately $4 million per year) 68.4% to 36.6% (Turnout: 35,580)
Voters passed 2C (authority to form utility, condemn Xcel’s assets once certain conditions are met) 51.9% to 48.1% (Turnout: 26,541)
2015: Issue 2O (extending UOT through 2022) 71.4% to 28.6% (Turnout: 26,824)
2017: Issue 2L (extending 2011 UOT through 2022) 51.7% to 48.3% (Turnout: 30,6
2010: Voters OK repurposing Xcle's franchise fee with Utility Occupation Tax, to explore options; franchise with Xcel expires at the end of the year
2012: Council OK’d using general fund money for muni
2016: Spending passes $10M (March) Boulder resubmits application with PUC (September) and PUC rules it complete (November)
2019: Spending passes $20M (March) City offers $68.5M to Xcel for system (April) City makes $82M offer and files for condemnation (June) PUC approves separation of assets ....
2020: Councilman Bob Yates, Mayor Sam Weaver inform public that Xcel and city are in negotiations for off-ramp; council votes to continue settlement talks (May)
And Boulder agrees to dismiss its pending appeal of a condemnation filing
OR council putting a ballot measure on (which voters would have to approve)
OR citizens doing their own ballot measure (again, voters have to OK that)
1 offer for battery energy storage system
Those are the numbers Boulder uses in its financial forecast to see if the muni will be feasible for not.
Council going to consider asking voters to repurpose the exploration part AND/OR to repurpose and extend it to 2030.
If not extended, it would provide $2.1M through 2022 for those projects.
Repay General Fund (for $$ muni borrowed)
Utility Bill Payment Support.
Electrification of buildings and transportation.
Projects to enhance community-based resilience.
Research and Technology Pilot Projects
"I really do believe together we can achieve way more."
Wallach: Not really. Is there anything we received that will "change the game a little bit" and take us down a different path.
Carr: "There are severable variables."
We also have the condemnation case that need to be decided.
"Why does Xcel care enough to have participated in this settlement? And how will your shareholders benefit from this settlement?"
The first element of trust is "we came to the table."
"Why do we care? There's a lot of Dif answers I could put out for this one."
How does muni compare to this agreement?
"There's opportunity to provide leadership through example and innovation."
Catanach: Not that I'm aware of. Something being explored in Platte River; Xcel has a program, too.
15% of rebates are specifically focused on low-income.
Friend: I'm concerned about the same thing. Is that enough time?
"No basis to sue" on the 5-, 10- and 15-year opt-outs.
Catanach: "That's certainly our goal."
Catanach: We begin our interviews with the bidders in a couple weeks.
Carolyn Elam going to elaborate.
In the partnership agreement, there is a real effort to undo constraints on solar provision, which would help, Elam says.
LOTS of PR and jargon speak tonight. Really having trouble cutting through it to get plain language.
Carr: "Those are real provisions." This is a legal document and agreement. If they don't meet them, then that's a breach of contract.
Longmont is about 60% underground.
This is CRAP.
He's reading a statement from Polis now.
"We need to have innovative and aggressive pilot actions."
Well, not the first, but the first feedback-y kind.
Put it on the ballot: Voters deserve the chance to weigh in.
Don't put it on the ballot: Voters are only getting part of the picture, without a final muni cost estimate.
Again, that will be in Muni 101.
"Put it on the ballot
Let the voters decide
The gap between Xcel and Boulder's goals
Is no longer so wide
Put it on the ballot
Let's stop wasting money on lawsuits
We have better things to do
With our climate change pursuits."
The city sucks!
But apparently he understands them. How grand to be so clever.
"Are you ready to confront a pack of angry Gretas?" David Takahashi asks.
Idk why but that has a good mouth feel.
So... the people voting is good but only if it's already happened?
Past people voting = Good
Future people voting = Good
Present people voting = Bad
Joe Breddan: The people you're hearing tonight and in emails are very involved. We know what we're talking about. (Doesn't want settlement on the ballot)
Where does council stand? The majority of members are pro-muni.
Mirabai Nagle: Has voted for every muni measure thus far. (Wasn't on council for the 2017 settlement; also not here tonight so won't be voting.)
Adam Swetlik: "Firmly" pro-muni; has said the effort is "worth every penny." He has not voted on any muni matter except to OK pursuing settlement negotiations with Xcel.
Will follow up.
Karen, you're late. We've been having this conversation since April.
No limits on Boulder's lobbying for this.
Startup costs: $30M
Separation costs: $180M
Jackson: "Every agreement comes up at a certain point in time. ... Holding this for another year, circumstances could change" and we'll have to come back to the table.
Jackson: This is for voters in November.
We went over this earlier: Current plan is for 2022, but that is subject to change. And Catanach didn't seem too sure about it.
Jackson: It depend on what comes forward in the next plan. We've shown by 2025 we'll be at 55% renewables; 65-70% by 2030
In Fountain, Guzmain paid the exit fee for that town to leave its utility company.
Guzman did not bid in Boulder's RFP.
Boulder doesn't have an exit fee, also. We're already out of franchise.
Catanach: "We were certainly hoping" to get a deal like that with our competitive bidding.
Brockett clarifies: We still have to buy Xcel's lines, poles, substations, etc. That's Step 1. A deal like Fountain's would be Step 2.
And that includes some stranded costs. Doesn't say how much.
Jackson: I can't say bc I don't know what it is. But the settlement that's on the table is the one that's on the table.
She apparently doesn't either, bc she says "% would be helpful."
Elam: It's about the equivalent of 14,000 metric tons.
Or, as Young put it... maybe 15%....?
100% renewables by 2030
100 mw local renewable generation by 2030 (we're at 65)
Democratize is to allow Boulder to advocate on behalf of citizens in any planning.
The question is: How good is the deal and how likely is a muni?"
"That was the context in which I was thinking" when we got the offer to start settlement talks.
"This is a radically different deal than what we looked at before."
"Knowledge is power."
This deal gets us something, Weaver says.
Of course, Nagle was absent. Did she send her thoughts in an email? Anyone know?
She also supports putting the deal to voters.
Supports putting this to the voters. "This is a generational decision we're making. It has to be a decision that gets us to the environmental climate crisis goals we've always been after."
NOT in favor of putting this to voters.
"If Jared likes something, I'm going to pay attention."
If they don't we'll run out of $$. "We simply don't have a plan B."
I kinda get that one, since Carr even said that negotiations happened really quickly.
"This is Boulder's Civil War. We're split right down the middle."
"I still trust our voters to make wise decisions for our community."
So this is heading to the ballot (unless something drastic happens.)
I would support repurposing and extending bc that funds the work on the Boulder side all the way though Xcel's 80% GHG reduction goals.
Brautigam: The CAP tax has dedicated funding already for projects that we are funding, including staff members. "We're very strongly urging you" to at least ask voters to repurpose these funds.
Reminder: This is just to ask voters. They still have to approve this.
Brockett doesn't support. "But ya'll can do it if you want to."
Formal vote: 5-3.
So that will be on your ballots as well.