Cherry Creek Village North Utility Undergrounding

1
Cherry Creek Village North Utility
Undergrounding

• City of Greenwood Village
• and Xcel Energy
• Tom Ashburn, Xcel Energy
• Kerry McBee, Area Engineer, Xcel Energy
• Wanda W. DeVargas, Project Manager, GV

2
CCVN Utility Undergrounding

• Project History of undergrounding
• Public Participation through LID

3
Project History

• Per the Xcel Energys franchise agreement, 1 of
  the preceding years electric revenues which are
  available to the Village for undergrounding
• Priority for through streets/major thoroughfares
  from West to East and also in advance of and or
  concurrently with CIP Projects for cost savings
  with pavement and landscape restoration

4
Local Improvement District (LID) Process

• Form a residential committee to provide project
  guidance
• Committee to make decisions on behalf of the
  district/residents
• Need at least 3, but not more than 6 members
• Residents must agree on the project limits of the
  district
• To begin establishment of the district, a
  petition for the LID shall be submitted to the
  City Clerk

5
Local Improvement District (LID) Process

• Petition shall include
• Description of the area to be included in the
  district
• Description of the improvements petitioned for
  and the location thereof
• Names and addresses of the signers thereof,
  together with the legal description of the
  parcels of property owned by each

6
Local Improvement District (LID) Process
(continued)

• Resolution of Intention adopted to create LID
• Public Hearing date set and published 3 X for
  notice to public
• Public Hearing
• First and Second readings at two separate City
  Council Meetings
• LID Formation (about 10 days after second reading)

7
Local Improvement District (LID) Process
(continued)

• Proceed with Design and Construction
• Individual Property Owner Assessment takes place.
  
• Residential Committee can look at hiring an
  independent consultant
• Assist with determining individual resident
  contributions to the project by review of
  criteria such as-distance from home to the
  connection, etc. to determine appropriate costs.

8
Other Items to Consider

• Independent Consultant fees for assessment paid
  by property owners
• All design and construction cost paid by property
  owners
• Would also have to consider other utilities on
  the overhead lines (Qwest, Comcast)
• No franchise agreement with Qwest for utility
  undergrounding (costs to be borne by homeowner)

9
Project Timeline

• LID Formation-2 month process
• Project Design and Construction
• TBD by Xcel and if necessary other utilities
  including but not limited to Qwest and Comcast
• Assessment-1 month process

10
Questions?