(a) 
Grant.
The City hereby grants to the company, subject to all conditions, limitations, terms, and provisions contained in this franchise, the nonexclusive right to make reasonable use of City streets and other City property:
(1) 
To provide utility service to the City and to its residents; and
(2) 
To acquire, purchase, construct, install, locate, maintain, operate, and extend into, within and through the City all company facilities reasonably necessary for the generation, production, manufacture, sale, storage, purchase, exchange, transmission, transportation and distribution of utility service within and through the City.
(b) 
Street Lighting and Traffic Signal Lighting Service.
Street lighting service and traffic signal lighting service within the City shall be governed by tariffs on file with the Colorado PUC.
(a) 
Scope of Franchise.
The grant of this franchise shall extend to all areas of the City as it is now or hereafter constituted that are within the company’s PUC-certificated service territory; however, nothing contained in this franchise shall be construed to authorize the company to engage in activities other than the provision of utility service.
(b) 
Subject to City Usage.
The right to make reasonable use of City streets to provide utility service to the City and its residents under the franchise is subject to and subordinate to any City usage of said streets.
(c) 
Prior Grants Not Revoked.
This grant is not intended to revoke any prior license, grant, or right to use the streets and such licenses, grants or rights of use are hereby affirmed. Such rights shall, however, be governed by the terms of this franchise.
(d) 
Franchise Not Exclusive.
The rights granted by this franchise are not, and shall not be deemed to be, granted exclusively to the company, and the City reserves the right to make or grant a franchise to any other person, firm, or corporation.
(a) 
Term.
This franchise shall take effect on June 1, 2011, and shall supersede any prior franchise grants to the company by the City. This franchise shall terminate on May 31, 2031, unless extended by mutual consent.