Posts tagged MONEY
Boulder Police investigating attempted robbery at Ace Cash Express
Sep 6th
Still on the Loose!
Police are searching for a male suspect who tried to rob a clerk at the Ace Cash Express at 3350 Arapahoe Ave. a little after 10:00 a.m. today.
The suspect approached the clerk and began a transaction. The female clerk was working behind protective glass and as she reached for his money through the small opening in the glass, the suspect grabbed her fingers and held on to her, demanding the cash she had been counting for him.
The suspect was bending the victim’s fingers back toward the glass during this conversation. She could not free herself from his grip, but he let go suddenly when he saw an unidentified male walk past the windows outside of the business. The suspect then ran away on foot, westbound on Arapahoe Ave.
A sketch of the suspect is attached. The suspect is described as:
· White male in his early 40s
· Curly, light-brown hair that was combed back, curly below the jaw line and in back
· 5’5”
· Medium build
· Wearing green shorts; shorts had either paint or drywall mud or bleach on them
· Dull white T-shirt
Police conducted a search of nearby businesses and a sweep of the bike path, but were unable to locate the suspect.
Paramedics checked the victim’s hand at the scene and it does not appear that she was seriously injured.
Anyone with information about this attempted robbery or who may recognize the suspect is asked to contact Detective Heather Frey at 303-441-3369. Those who have information but wish to remain anonymous may contact the Northern Colorado Crime Stoppers at 1-800-222-TIPS (8477) or 1-800-444-3776. Tips can also be submitted through the Crime Stoppers website at www.crimeshurt.com. Those submitting tips through Crime Stoppers that lead to the arrest and filing of charges on a suspect(s) may be eligible for a cash reward of up to $1,000 from Crime Stoppers.
— CITY–
Boulder City Council approves several ballot questions for voter consideration
Aug 16th
- · Creation of a local electric utility (municipalization) and the expansion and extension of the Utility Occupation Tax to raise interim funding;
- Issuance of bonds to fund capital improvement projects without raising taxes;
- Clean-up of Charter provisions; and
- Local resolution for an the amendment of the U.S. Constitution to abolish corporate personhood.
Municipalization
Council approved ballot language that will ask voters two separate questions related to the possible creation of a municipally run electric utility.
In general terms, one question asks voters to decide whether to authorize the creation of a locally run electric utility. Based on specific limitations in the ballot language and a related ordinance, council would not be permitted to issue bonds until all start-up costs are finalized, and only if customer rates would be no more than those charged by Xcel Energy at the time of acquisition.
Another question asks voters to consider extending and increasing the Utility Occupation Tax for a limited amount of time to fund the costs associated with determining those concrete start-up expenses and taking the interim steps to set up a local utility.
Capital Improvements
Council agreed to ask voters if the city should issue bonds of up to $49 million to catch up on significant deficiencies in its infrastructure. These capital improvement projects could include repairing and maintaining streets, structurally deficient bridges, repairing aging city facilities, and replacing outdated software systems.
If approved, the bonds would be paid for through existing revenues without any increase in any city tax.
Charter Changes
Council agreed to ask voters if they would approve updates to the Charter. The provisions would allow the clerk to rename city positions and departments to reflect the titles that are in use today; to change the fine from $100 to $1,000 for any violation of the Charter; to update election practices and terminology; and to amend the requirements for submitting initiative petitions to the city.
Corporate Personhood
Council agreed to ask voters if they will approve a measure that calls for the amendment of the U.S. Constitution to reflect that human beings, not corporations, are entitled to constitutional rights and that money (specifically in the form of political contributions) is not a form of speech.
Election Information
This year’s election is by mail-in ballot. Ballots will be mailed to active voters between Oct. 10 and Oct. 14. People will be able to return the ballots by mail or drop them off at Boulder County’s Election Division anytime after receiving them until 7 p.m. on Nov. 1.
City staff recommends that voters be asked to support a local power utility
Jul 15th
City Manager Jane S. Brautigam
Brautigam also said she is confident that the process following a vote for municipalization will provide adequate opportunities to address concerns raised by some that the cost of purchasing the system from the current provider, Xcel, could exceed current estimates.
A positive vote is required before the city can enter into acquisition negotiations and/or condemnation proceedings. During this process, the city would determine what the final price would be. If the costs of buying Xcel’s system turned out to be significantly higher than anticipated or would result in rate increases that were unacceptable to the community, council would be under no obligation to issue the bonds necessary to pay for buying the system and launching a utility. The city could then re-consider how to proceed.
“There are off-ramps in place that allow the city to move forward with its eyes wide open,” the city manager said. “Our community has spelled out both its goals and its expectations. City staff and elected officials take the responsibility of balancing these very seriously.”
The recommendation follows more than two years of discussions about whether to enter into another 20-year franchise agreement with Xcel Energy. In 2010, City Council rejected that option, determining that a business-as-usual contract for two decades was too long and would limit Boulder’s ability to take advantage of exciting changes in the energy industry. Since then, the city and the community have been involved in an intensive study and discussion of other options.
The Boulder community has set clear energy future goals. These include cleaner energy, with as much local generation as possible; reliability; rate stability and more local decision-making and control.
The city hired industry specialists to conduct a detailed financial assessment of the possible creation of a local utility. They have concluded that Boulder could buy the system from Xcel, pay off the debt associated with those costs, start a utility and operate it reliably while still making money. The local utility would be able to keep customers rates lower or equal to what they would be under Xcel, maintain emergency reserves and still have a net present value of $112 million over 10 years. The cost model developed by the consultants has some room for increased costs. This flexibility is spelled out in more detail in a staff memo to council.
The staff recommendation also includes support for an increase and extension of the Climate Action Plan tax. While a locally owned power utility would cover its costs entirely through its revenues once it was up and running, the city would need additional money to cover engineering and legal expenses before that time. It is estimated that the city would need about $1 million a year for three to five years before a final determination could be made about whether to issue bonds to buy Xcel’s system. This funding mechanism would allow the city to continue this process without impacting existing programs and services.
City Council is scheduled to meet on Tuesday, July 19, starting at 5 p.m., to discuss items for the November ballot. The full memo and other valuable information about the energy future project are available at http://www.boulderenergyfuture.com. There is also a comment form on this website if community members wish to give input to the staff team and City Council.