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Fuelcell: Bloom Energy. Guidance. Renegotiating%20a%20Franchise. IAMUpres10-27-10Haug. Municipal Acquisition of a Power Plant. You asked for a summary of the law governing a municipal utility's acquisition of a privately owned-power plant.

Municipal Acquisition of a Power Plant

You were specifically interested in the law as it applies to Norwalk. Any municipality can purchase, lease, or build a power plant (CGS § 7-213). Such action requires the approval of two-thirds of the municipality's legislative body present at the meeting, and approval by the municipal chief elected official. The acquisition must also be approved the majority of voters voting in a regular municipal election, in which at least 15% of the voters have voted. If the acquisition is not ratified, one year must pass before the issue can be again submitted to the voters (CGS § 7-214). Stat0197 (Muni acquisition of utilities) Alliantenergy.