Utility Sues City For Not Wanting Them

For several years, Minneapolis-based Xcel has been battling,
. . . the so-called “municipalization” effort in Boulder,
. . . where voters passed a 2011 ballot measure,
. . . allowing the city to replace Xcel,
. . . with a municipal electric utility,
. . . contingent upon whether such a utility,
. . . could offer similar rates and service as Xcel.

In August, Boulder’s city council took a step forward,
. . . by approving an ordinance that authorized,
. . . the purchase of certain Xcel assets.
The City Council earlier this month,
. . . reportedly voted to give the city the authority,
. . . to issue bonds to finance a municipal utility,
. . . if it chooses to move forward and establish one.

Xcel Energy has reportedly sued the city of Boulder, Colorado and
. . . its city council—marking the latest step in the company's,
. . . ongoing effort to block the municipality,
. . . from forming its own utility.

06-16-2014 Source:  Utility sues City for NOT wanting them