Vermont Statutes Title 30 Sec. 2908
Terms Used In Vermont Statutes Title 30 Sec. 2908
- Annual meeting: when applied to towns shall mean the annual town meeting in March or an adjournment thereof. See
- Municipality: means any city, town, or village within this State. See
- Town: shall include city and wards or precincts therein; "selectboard members" and "board of civil authority" shall extend to and include the mayor and aldermen of cities; "trustees" shall extend to and include bailiffs of incorporated villages; and the laws applicable to the inhabitants and officers of towns shall be applicable to the inhabitants and similar officers of all municipal corporations. See
- Utility: means any person or corporation engaged in the manufacture, distribution, and sale of gas and electricity in this State. See
- Village: shall mean an incorporated village. See
§ 2908. Agreement on price not binding unless ratified
The mayor and council of a city, the selectboard of a town, or the trustees of a village may negotiate and agree with the utility upon the price to be paid for the plant and property. However, any agreement shall not be binding upon any municipality until ratified by three-fifths of the voters present and voting by Australian ballot at a duly warned annual or special meeting which is preceded by at least 20 days by a public hearing on ratification of the agreement. Notice of the public hearing shall be given in the same manner as it is given for the annual meeting. A ratifying vote shall be had within six months from the date of the filing of the reply provided in section 2907 of this title. (Amended 1979, No. 183 (Adj. Sess.), § 3.)