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04-25 Resolution No. 11357 RESOLUTION NO. 11357 RESOLUTION DIRECTING XCEL ENERGY TO UNDERGROUND OVERHEAD UTILITIES ALONG 66TH STREET BETWEEN XERXES AVENUE TO 16th AVENUE WHEREAS, the portion of the 2017-2019 roadway and boulevard improvements will be completed on 66th Street between Xerxes Avenue to 16th Avenue to provide for improved traffic safety; and WHEREAS, the City seeks to improve safety along 66th Street by directing Xcel Energy to underground its electric utility facilities along the roadway; and WHEREAS, Xcel Energy is expecting to recover the additional costs it will incur because of the undergrounding of facilities by implementing a surcharge on customers within the City; and WHEREAS, the City is in receipt of an estimate for the requested undergrounding; and WHEREAS, on January 14, 2015, Xcel Energy was notified at the 66th Street Project Coordination Meeting their facilities must be relocated underground. The relocation is anticipated to be completed no later than March 1, 2018, from Xerxes Avenue to I35W and Portland Avenue to 16th Avenue, and no later than March 1, 2019, from 135W to Portland Avenue. NOW, THEREFORE, BE IT RESOLVED by the City Council that: 1. Xcel Energy is hereby requested and directed to relocate its overhead facilities underground along 66th Street between Xerxes Avenue to 16th Avenue; 2. The City agrees that it will not oppose a surcharge on customers of Xcel located within the City. The amount shall be Xcel's necessary, actual, and reasonably incurred costs of undergrounding less the costs Xcel would have incurred through relocation of its overhead lines along the project site because of the 66th Street Reconstruction Project; and 3. The City does not waive its right to verify, by legal means available, that the amount of the surcharge is necessary, actual, and a reasonable cost incurred. Adopted by the City Council of the City of Richfield, Minnesota this 25th day of April, 2017. Pat Elliott, Mayor ATTEST: , Cit.)(111/64, Elizabeth VanHoose, City Clerk