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2004-45

A RESOLUTION

AUTHORIZING THE USE OF XCEL ENERGY'S ONE PERCENT UNDERGROUND CREDIT FUND TO BURY UTILITY LINES ALONG KIPLING STREET FROM YALE AVENUE TO DARTMOUTH PLACE.

WHEREAS, the City of Lakewood initiated a capital improvement project to replace the Kipling Street Bridge over Bear Creek; and

WHEREAS, it is the City's policy as stated in Resolution 91-140 to relocate overhead utilities underground on City initiated capital improvement projects; and

WHEREAS, Xcel Energy sets aside certain funds for placing utilities underground.

NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Lakewood, Colorado, that:

SECTION 1. The Mayor and City Council of the City of Lakewood hereby authorize Xcel Energy to expend funds from the City of Lakewood's Xcel Energy Underground Credit Fund for purpose of relocating overhead utilities underground along Kipling Street from Yale to Dartmouth.

INTRODUCED, READ AND ADOPTED by a vote of 11 for and 0 against at a regular meeting of the City Council on April 12, 2004, at 7 o'clock p.m. at Lakewood City Hall, 480 S. Allison Parkway, Lakewood, CO 80226.

Stephen A. Burkholder, Mayor

ATTEST:
Margy Greer, City Clerk