Meeting set to discuss municipalization
Last Updated: 16:32 March 28, 2012
BOULDER - A Boulder business advocacy group is cosponsoring an informational meeting with Xcel Energy Inc. on Thursday, July 28, to discuss what it would cost for Boulder to start a municipal electric utility.
Boulder Tomorrow, a self-described nonpartisan and nonprofit professional organization of business and community leaders, is hosting the meeting 7:30 a.m. at A Spice of Life Events Center, 5706 Arapahoe Ave., Boulder.
Energy industry consultant Bob Bellemare, chief operating officer of UtiliPoint International Inc., an Albuquerque-based energy research and advisory firm, will be the featured speaker. One of his areas of expertise is valuing power distribution systems in municipal acquisition cases.
Admission to the meeting is $20, and it is open to the public. More information and registration is available online at bouldertomorrow.eventbrite.com. Advanced registration is required.
Boulder City Council has given preliminary approval to a ballot measure asking voters to give the city the authority to create a municipal electric utility.
Xcel Energy opposes the effort and has said it will attempt to defeat the proposal at the ballot box or in court if Boulder attempts to take control of the utility system through eminent domain.
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