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Boulder County board approves public-entity portion of global Marshall Fire settlement with Xcel Energy
Summary
Deputy county attorney Trina Ruland presented a proposed public-entity settlement with Xcel Energy tied to the Marshall Fire litigation; the public-entity portion is roughly $3 million and county counsel said Boulder County will receive a net positive payment after fees and FEMA reimbursements. Counsel reported ongoing coordination with FEMA.
Deputy County Attorney Trina Ruland presented a proposed settlement and general release between Boulder County and Xcel Energy related to the Marshall Fire litigation. Ruland told the board the global settlement reached among individual homeowners, public entities and subrogation plaintiffs includes a public-entity component that is "about $3,000,000" from Xcel Energy; the final Boulder County share had not yet been calculated but was expected to result…
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