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:~ I I General M~l"\ager I A.:~ert J. Mamillon PLATTE RIVER POWER AUTHORITY AUG 261981 TIMBERLINE & HORSETOOTH ROADS. FORT COLLINS. COLORADO 80525 8c-ard or C .reclors R::l~ert J A.skey J. O. Bil;;,::rback S::anley ?.. Case Robert L Dekker Richard L. Gerstberger I-'.c.rry B Tregent J~rry Tr;:'::er E.3rIWII"<;,;'1son August 24, 1981 Telephone: (303) 22&-40( Cable: "PlA TTRIVEAM I I I I I I I I Alden V. Hill, Esq. Hill & Hill, P.C. 160 W. Mountain Avenue Fort Collins, Colorado 80524 Dear Mr. Hill: This letter is written at your request as counsel to the North poudre Irrigation Company. Platte River Power Authority ("Platte River") is organized under Colorado Revised Statutes, 29-1-204 (1973) as a separate governmental entity and a political subdivision of the State of Colorado. Its sole purpose is to supply the electric generation and transmission needs of its four constituent municipalities, Estes Park, Fort Collins, Longmont and Loveland. It would be accurate 'to describe Platt~ River as the agency and instrumentality of the four constituent municipalities responsible for the production and transmission of their bulk energy supply. Platte River supplies energy for resale to nearly 66,000 retail customers of the four municipalities. Over the last ten years the population in Platte River's service area has grown by about 80%; Platte River's energy deliveries to the four municipalities has more than doubled. I I I I I I Because of this growth rate, Platte River has had to plan for the future. In 1973 the four municipalities supplied by Platte River were able to obtain all of the electricity their citizens needed from federal hydroelectric projects under a contract with the United States government. By 1977 this entire supply was fully put to use and in anticipation that it would be, Platte River became a participant in a coal-fired generating plant with sufficient capacity to meet our needs to 1985-86 -- now only 4 to 5 years away. In anticipation of future needs, Platte planning for its most recent generation Energy Project, commencing in 1976-77. River undertook the project, the Rawhide Rawhide is a 250 A-I .