Xcel, Boulder to settle lawsuit; City agrees to dissolve utility

Utility Dive: Boulder's efforts to form a utility are expensive, but officials say settling the utility formation lawsuit will help.

"This settlement reduces litigation costs and does not affect the city's plan for voters to determine in a future election whether the city will create a municipal electric utility," the city said in a statement. The agreement calls for city staff to request that the Boulder City Council repeal ordinance 7969 and remove some text from the city's codes, "which will dissolve the utility created in 2014, but never used."

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