Bill Summary for H 415 (2015-2016)

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Bill: FONTANA DAM/ESTABLISH ELECTRIC POWER BOARD.

Summary date: 

Mar 31 2015
S.L. 2015-85

Bill Information:

View NCGA Bill Details2015-2016 Session
House Bill 415 (Local) Filed Tuesday, March 31, 2015
AN ACT TO AMEND THE CHARTER OF THE TOWN OF FONTANA DAM TO AUTHORIZE THE TOWN COUNCIL TO ESTABLISH AN ELECTRIC POWER BOARD TO MANAGE AND CONTROL THE TOWN'S ELECTRIC PUBLIC ENTERPRISE SERVICE.
Intro. by West.

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Bill summary

Adds an Article to the Town of Fontana Dam's Charter, SL 2011-110, establishing the Town of Fontana Dam Electric Power Board, as the title indicates. Makes the new Article effective only if: (1) the Fontana Village Resort approves the transfer of the electric power grid under its ownership and control to the Town of Fontana Dam and (2) the Town Council of the Town of Fontana Dam, in its discretion and by majority vote, approves the operation of an electric utility system.