Third reading and consideration of a motion to adopt Ordinance 8417 submitting to the registered electors of the City of Boulder at the Municipal Coordinated Election to be held on Tuesday, November 3, 2020, the question, whether the portion of the Utility Occupation Tax dedicated to exploring municipalization that was approved by the voters in November 2011 and amended in November 2017, be extended from its current expiration date of December 31, 2022 to a new expiration date of December 31, 2025 and be used to repay costs associated with the municipal utility effort and further to be used to fund projects, pilots, initiatives, and research that support the city's clean energy goals in the context of the city’s racial equity goals and the community's commitment to the Paris climate agreement, including to provide energy-related assistance to disadvantaged members of the community, improve system reliability and modernization, and support clean energy- related business, including, without limitation, new approaches in electrification of buildings and transportation, enhancement of resilience, and increased access to energy efficiency and renewable energy solutions; only if a majority of electors vote to approve a franchise agreement with Public Service Company of Colorado at the November 3, 2020 election; giving approval for the collection, retention, and expenditure of the full tax proceeds and any related earnings notwithstanding any state revenue or expenditure limitation; setting forth the ballot title; specifying the form of the ballot and other election procedures; and setting forth related details.

Motion to adopt Ordinance 8417 submitting to the registered electors of the City of Boulder at the Municipal Coordinated Election to be held on Tuesday, November 3, 2020, the question, whether the portion of the Utility Occupation Tax dedicated to exploring municipalization that was approved by the voters in November 2011 and amended in November 2017, be extended from its current expiration date of December 31, 2022 to a new expiration date of December 31, 2025 and be used to repay costs associated with the municipal utility effort and further to be used to fund projects, pilots, initiatives, and research that support the city's clean energy goals in the context of the city’s racial equity goals and the community's commitment to the Paris climate agreement, including to provide energy-related assistance to disadvantaged members of the community, improve system reliability and modernization, and support clean energy-related business, including, without limitation, new approaches in electrification of buildings and transportation, enhancement of resilience, and increased access to energy efficiency and renewable energy solutions; only if a majority of electors vote to approve a franchise agreement with Public Service Company of Colorado at the November 3, 2020 election; giving approval for the collection, retention, and expenditure of the full tax proceeds and any related earnings notwithstanding any state revenue or expenditure limitation; setting forth the ballot title; specifying the form of the ballot and other election procedures; and setting forth related details.