Sec. 7-233b. Definitions.
Sec. 7-233b. Definitions. As used in this chapter, the following terms shall have
the following meanings, unless a different meaning clearly appears from the context
and any use of plural terms herein shall be deemed to refer to the singular thereof:
(1) "Area of operation" means the geographic area served by a municipal electric
utility at the time it becomes a member of a municipal electric energy cooperative pursuant to this chapter and such other areas as the municipal electric energy cooperative
may serve pursuant to contract entered into under the provisions of this chapter;
(2) "Bonds" means bonds issued by a municipal electric energy cooperative pursuant to this chapter;
(3) "Cost" means, in addition to the usual connotations thereof, the cost of all or
any property, rights, easements, privileges, agreements and franchises deemed by the
municipal electric energy cooperative to be necessary or useful and convenient to a
project or projects or in connection therewith, including discount on bonds, cost of
issuance of bonds, engineering and inspection costs and legal expenses, cost of financial,
professional and other estimates advice, organization, administrative, operating and
other expenses of the municipal electric energy cooperative prior to and during the
acquisition or construction of a project or projects and all such other expenses as may
be necessary or incident to the financing, acquisition, construction and completion of
said project or projects or part thereof and the placing of the same in operation, and also
such provision or reserves for working capital, operating, maintenance or replacement
expenses or for reserves for the payment of the principal of or interest on bonds during
or after such acquisition or construction as the municipal electric energy cooperative
may determine, and reimbursements to the municipal electric energy cooperative or
any member thereof or any other participant in such project or projects of any moneys
theretofore expended for the purposes of the municipal electric energy cooperative;
(4) "Electric utility" means any electric public service company, as defined in section 16-1;
(5) "Governing body" means the board of commissioners of a municipal electric
utility or such other duly elected or appointed officials charged by law with managing
the affairs of a municipal electric utility;
(6) "Member" means any municipal electric utility within the state which has been
in continuous operation for at least five years and whose governing body authorizes
membership in, and which becomes a member of, a municipal electric energy cooperative;
(7) "Municipal electric energy cooperative" or "municipal cooperative" means a
separate legal entity hereafter created by concurrent resolutions of two or more municipal electric utilities to exercise any of the powers as provided in this chapter in connection
with the acquisition, construction, reconstruction, operation, repair, extension or improvement of electric power generation or transmission facilities, or the acquisition of
any interest therein or of any capacity thereof;
(8) "Municipal electric utility" means an electric department, agency or other body
of a municipality which provides for the production, supply and/or distribution of electric
energy to the inhabitants or any portion thereof as well as others, which department,
agency or other body has been established in accordance with applicable provisions
of law;
(9) "Municipality" means any town, city or borough located within the state and
any district as defined in section 7-324 or special services district established under
chapter 105a which is authorized to produce, supply or distribute electric energy;
(10) "Notes" means notes issued by a municipal electric energy cooperative pursuant to this chapter;
(11) "Participant" means any member of a municipal electric energy cooperative,
a nonmember municipal electric utility, an electric utility, or any other public or private
electric power entity located within or without the state, any of which may contract for
services with a municipal electric energy cooperative pursuant to the provisions of this
chapter;
(12) "Project" means any plant or plants, hydro plants, works, system, facilities, or
real or personal property, together with all parts thereof and appurtenances thereto, used
or useful in connection with the generation, production, transmission, purchase, sale,
exchange or interchange of electric power or energy, or any interest therein or right to
capacity thereof. "Project" also includes stock or other ownership interests in, or evidences of indebtedness of, any corporation or business entity which constructs electric
power generation or transmission facilities or generates, produces, transmits, purchases,
sells or exchanges electric power and energy to, or insures the liabilities of, public or
private electric power entities located within or without the state, provided the outstanding stock of such corporation is owned in whole or in part by such public or private
electric power entities;
(13) "Real property" includes lands, structures, franchises, and interests in land,
including lands under water and riparian rights, and any and all things and rights usually
included within said term, and includes not only fees simple absolute but also any and
all lesser interests, such as easements, rights-of-way, uses, leases, licenses and all other
incorporeal hereditaments, and every estate, interest or right, legal or equitable, including terms of years and liens thereon by way of judgments, mortgages or otherwise, and
also claims for damage to real estate.
(P.A. 75-634, S. 2, 24; P.A. 76-237, S. 2, 9; P.A. 86-354, S. 1, 6; P.A. 88-51, S. 1, 2; P.A. 97-313, S. 1, 5.)
History: P.A. 76-237 redefined "area of operation" to be area served rather than specific boundaries of participant,
limited definition of "member" to utilities within the state, substituted "concurrent resolutions of" for "agreement between
or among" in Subdiv. (7), defined "municipality" in new Subdiv. (9), renumbering subsequent subdivs. accordingly,
included power entities "within or without the state" in definition of "participant" and expanded definition of "project";
P.A. 86-354 expanded definition of "project" in Subdiv. (12) to include stock, other ownership interests or evidences of
indebtedness of certain corporations; P.A. 88-51 redefined "municipality" in Subdiv. (9) to include districts under Sec. 7-324 or districts under Ch. 105a which produce, supply or distribute electric energy; P.A. 97-313 amended Subdiv. (12),
defining "project", to include reference to business entities, effective July 1, 1997.