Title
A Resolution Approving an Intergovernmental Agreement Between the City of Colorado Springs, on Behalf of its Enterprise Colorado Springs Utilities and Ellicott Fire Protection District to Provide Investment Recovery Services
Presenter:
Aram Benyamin, Chief Executive Officer, Colorado Springs Utilities
Melissa Noble, Chief Customer and Corporate Services Officer, Colorado Springs Utilities
Body
Summary:
The IGA outlines the agreement for Colorado Springs Utilities to provide investment recovery services to Ellicott Fire Protection.
Background:
This agreement is consistent with current investment recovery IGAs with Colorado Springs Utilities retaining 25 percent of the proceeds of each sale.
Previous Council Action:
N/A
Financial Implications:
Colorado Springs Utilities to receive 25 percent of the proceeds of each sale.
City Council Appointed Board/Commission/Committee Recommendation:
N/A
Stakeholder Process:
N/A
Alternatives:
N/A
Recommended Action
Proposed Motion:
Approve the resolution approving the intergovernmental agreement between Ellicott Fire Protection and Colorado Springs Utilities to provide investment recovery services
Summary of Ordinance Language
N/A