Title
Rocky Mountain Line Tech Program Property Lease Resolution
Presenter:
Joe Awad, Acting Energy Services Officer
Eric Tharp, Acting Chief Executive Officer, Colorado Springs Utilities
Body
Summary:
Colorado Springs Utilities is seeking City Council approval of a Resolution finding a public purpose in a lease of less than fair market value to the State of Colorado, Department of Higher Education, by the State Board for Community Colleges and Occupational Education for the use and benefit of Trinidad State Junior College in support of the Rocky Mountain Line Technician Program.
Previous Council Action:
N/A
Background:
Section 10.2(d)(iii)(2) of The City of Colorado Springs Procedure Manual for the Acquisition and Disposition of Real Property Interests provides that if the rent under a lease in which the City is landlord is for less than fair market value, then City Council, acting by resolution, must find a public purpose in the below-market lease.
Colorado Springs Utilities has been working with Trinidad State Junior College in support of the Rocky Mountain Line Technician Program since 2008, when it entered into a Memorandum of Understanding regarding what was then known as the "Rocky Mountain Lineman School," which provided for the collaboration of Colorado Springs Utilities and Trinidad in the formation of a program to help train students to become line technicians in the electric utility service industry (the "Original MOU").
Since the Original MOU was signed, Trinidad has established its Line Technician Program, which provides a benefit to the electrical and communications utility industry, in general, and to Colorado Springs Utilities, more specifically, by providing training and development opportunities for future electric line technicians. This program provides important hands-on laboratory training and practical application in the line technician field.
Colorado Springs Utilities wishes to continue its collaboration with Tr...
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