A special election will be held from 7 a.m. to 8 p.m. April 19 at City Hall to allow citizens to express their opinions about a plan to build a city-owned power company in West Bountiful.
City Council members say they will use the election results to decide whether or not to continue working toward a city power company.Two weeks ago, a $950,000 bond issue referendum was held in the city to decide whether or not to buy a golf course. The issue passed by only 17 votes, 280-263, and the city purchased Spring Meadow Golf Course.
City officials said they hope a majority of voters will come to City Hall Tuesday and cast their ballots so officials can make the best decision possible on the power issue.
City officials said it will cost between $2 million and $3 million to build a city-owned electric power facility, which would replace power now furnished by Utah Power & Light Co. The power system could be purchased with revenue bonds and paid back over 20 years or less with money from the sale of electricity.
The city's largest business, a Phillips 66 Co. refinery, would not use city electricity but would continue to be a UP&L customer even if the city-owned utility were built.
City officials point out that UP&L is a private firm, owned by stockholders, whereas the proposed city power system would be public, and service, not profit, would be its major concern. They further contend that public power rates in Utah are 35 percent lower than UP&L's rates, and they say the low rates can attract new businesses that can broaden the city's tax base and create more jobs and local income.