RESOLUTION NO. 119-02

AUTHORIZING PUBLIC SERVICE COMPANY OF COLORADO NKA XCEL ENERGY TO USE THE CITY OF GRAND JUNCTION OVERHEAD TO UNDERGROUND ONE PERCENT (1%) FUNDS FOR THE 29 ROAD IMPROVEMENT PROJECT, PHASE TWO, AS ESTABLISHED IN THE ORDINANCE GRANTING A FRANCHISE SIGNED NOVEMBER 4, 1992

 Recitals: The City of Grand Junction is planning to widen and improve 29 Road between North Avenue and the Grand Valley Canal in 2003. There are overhead power facilities along the 29 Road corridor;

 The City Council has generally determined that the relocation of these existing power lines from overhead to underground is necessary for the 29 Road corridor improvements;

 The existing overhead power-lines are located on the west side of 29 Road; within the City limits between North Avenue and Orchard Avenue, and outside the City limits from Orchard Avenue to the Grand Valley Canal.

 Under the Public Service Company franchise, funds are allotted for such purposes.

 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GRAND JUNCTION, COLORADO:

 That the use of overhead to underground one percent (1%) funds for the 29 Road Improvement Project, Phase Two is hereby approved for such amounts as the City Manager may designate.

 ADOPTED AND APPROVED THIS 2^nd day of December, 2002.

Attest:

/s/: Stephanie Tuin        /s/: Cindy Enos-Martinez

City Clerk            President of City Council