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Centennial council ratifies new 1% utility undergrounding policy, gives city manager approval authority
Summary
Council approved Resolution 2025-R-47 to repeal a 2008 council policy and ratify a new administrative policy consolidating Xcel and CORE 1% undergrounding funds, authorizing the city manager to approve projects and requiring an annual project priority list.
The City Council of Centennial on Oct. 7 approved Resolution 2025-R-47, repealing Council Policy 2008-CCP-01 and ratifying Administrative Policy 2025-AP-01 to govern the use of the city's "1%" utility undergrounding funds held by Xcel Energy and CORE Electric Cooperative.
The new administrative policy consolidates direction for both franchise-held funds, gives the city manager authority to approve use of the funds for eligible undergrounding and related public improvements, and requires staff to present an annual undergrounding project priority list to council. The vote carried with eight ayes.
Why it matters: the 1% funds are created in franchise agreements with the city's electric utilities and are intended specifically for undergrounding overhead electric distribution facilities in the public right-of-way; CORE's fund also permits certain public and sustainability…
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