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<p class="MsoNormal">Mary,<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Thank you for your question. The ballot measure proposed the repurposing and extension of the UOT to among other things “support the city’s clean energy goals.” The city has supported carbon sequestration as part of those goals. I do
not believe any change is necessary to allow for such projects.<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Tom<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
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<p class="MsoNormal"><b>From:</b> Young, Mary <YoungM@bouldercolorado.gov> <br>
<b>Sent:</b> Tuesday, December 1, 2020 12:18 PM<br>
<b>To:</b> Carr, Thomas <CarrT@bouldercolorado.gov><br>
<b>Cc:</b> HOTLINE <HOTLINE@bouldercolorado.gov><br>
<b>Subject:</b> UOT Tax Revenues and Carbon Sequestration Projects<o:p></o:p></p>
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<p class="MsoNormal"><o:p> </o:p></p>
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<p class="MsoNormal" style="background:white"><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:black">Dear Tom,<o:p></o:p></span></p>
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<p class="MsoNormal" style="background:white"><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:black"><o:p> </o:p></span></p>
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<p class="MsoNormal" style="background:white"><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:black">In the staff memo for Item 5C - Utility Occupation Tax Repurposing, description and examples of potential uses is stated as follows:<o:p></o:p></span></p>
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<p class="MsoNormal" style="background:white"><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:black">• 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. <o:p></o:p></span></p>
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<p class="MsoNormal" style="background:white"><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:black"><o:p> </o:p></span></p>
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<p class="MsoNormal" style="background:white"><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:black">Examples in the ballot title included: <o:p></o:p></span></p>
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<span style="font-size:12.0pt;font-family:"Arial",sans-serif">providing energy-related assistance to disadvantaged members of the community, including support for utility bill payments and access to renewable energy; <o:p></o:p></span></li><li class="MsoNormal" style="color:black;mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;mso-list:l0 level1 lfo1;background:white">
<span style="font-size:12.0pt;font-family:"Arial",sans-serif">improving system reliability and modernizing, and supporting clean energy-related businesses, including, without limitation, new approaches in electrification of buildings and transportation, enhancement
of resilience; <o:p></o:p></span></li><li class="MsoNormal" style="color:black;mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;mso-list:l0 level1 lfo1;background:white">
<span style="font-size:12.0pt;font-family:"Arial",sans-serif">implementing a partnership agreement with Public Service Company of Colorado; and <o:p></o:p></span></li><li class="MsoNormal" style="color:black;mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;mso-list:l0 level1 lfo1;background:white">
<span style="font-size:12.0pt;font-family:"Arial",sans-serif">increasing access to energy efficiency and renewable energy solutions.<o:p></o:p></span></li></ul>
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<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:black">As currently written, could carbon sequestration projects receive funding from UOT?<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:black"><o:p> </o:p></span></p>
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<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:black">If not, I would be interested in asking my colleagues if an amendment to accommodate such a use would be amenable. Having the language ready to go would be helpful.<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:black"><o:p> </o:p></span></p>
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<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:black">Thank you.<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:black"><o:p> </o:p></span></p>
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<p class="MsoNormal" style="background:white"><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:black">We're all in this together...six feet apart.</span><span style="font-size:9.0pt;font-family:"Segoe UI",sans-serif;color:black"><o:p></o:p></span></p>
<p class="MsoNormal" style="background:white"><span style="font-size:10.0pt;font-family:"Tahoma",sans-serif;color:green"><br>
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</span><span style="font-size:9.0pt;font-family:"Segoe UI",sans-serif;color:black"><o:p></o:p></span></p>
<p class="MsoNormal" style="background:white"><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:black">In solidarity,</span><span style="font-size:9.0pt;font-family:"Segoe UI",sans-serif;color:black"><o:p></o:p></span></p>
<p class="MsoNormal" style="background:white"><span style="font-size:9.0pt;font-family:"Segoe UI",sans-serif;color:black"><o:p> </o:p></span></p>
<p class="MsoNormal" style="background:white"><b><i><span style="font-size:10.0pt;font-family:"Tahoma",sans-serif;color:green">Mary Dolores Young</span></i></b><span style="font-size:9.0pt;font-family:"Segoe UI",sans-serif;color:black"><o:p></o:p></span></p>
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<p class="MsoNormal" style="background:white"><b><i><span style="font-size:10.0pt;font-family:"Tahoma",sans-serif;color:green;background:white">Boulder City Council</span></i></b><span style="font-size:9.0pt;font-family:"Segoe UI",sans-serif;color:black"><o:p></o:p></span></p>
<p class="MsoNormal" style="background:white"><b><i><span style="font-size:10.0pt;font-family:"Tahoma",sans-serif;color:green">303-501-2439</span></i></b><span style="font-size:9.0pt;font-family:"Segoe UI",sans-serif;color:black"><o:p></o:p></span></p>
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<p style="background:white"><span style="font-size:9.0pt;font-family:"Segoe UI",sans-serif;color:black"><img width="499" height="120" style="width:5.1979in;height:1.25in" id="Picture_x0020_1" src="cid:image001.png@01D6C7F9.D2F31B20"></span><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:black"> </span><span style="font-size:9.0pt;font-family:"Segoe UI",sans-serif"><o:p></o:p></span></p>
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<p style="background:white"><i><span style="font-size:10.0pt;font-family:"Tahoma",sans-serif;color:#339966;background:white">"All ethics ... rest upon a single premise: that the individual is a member of a community of interdependent parts..."</span></i><span style="font-size:10.0pt;font-family:"Tahoma",sans-serif;color:#339966;background:white"> -
Aldo Leopold</span><span style="font-size:9.0pt;font-family:"Segoe UI",sans-serif;color:black"><o:p></o:p></span></p>
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<p class="MsoNormal" style="background:white"><span style="font-size:10.0pt;font-family:"Tahoma",sans-serif;color:black"><o:p> </o:p></span></p>
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