Skip to main content

Main navigation

  • Documents
  • Search

User account menu

  • Log in
Home
Nashua City Data

Breadcrumb

  1. Home
  2. Board Of Aldermen - Agenda - 4/27/2021 - P111

Board Of Aldermen - Agenda - 4/27/2021 - P111

By dnadmin on Mon, 11/07/2022 - 07:03
Document Date
Fri, 04/23/2021 - 15:22
Meeting Description
Board Of Aldermen
Document Type
Agenda
Meeting Date
Tue, 04/27/2021 - 00:00
Page Number
111
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_a__042720…

Attachment A: Definitions

“Annual Retail Electricity Load” means the annual amount of metered electricity delivered
to retail consumers and supplied through the Member CPA during the most recent 12 whole
months, or if less than 12 whole months of load have been supplied, an annual amount
extrapolated from the most recent whole months.

“Articles of Agreement” means the Articles of Agreement of Community Power Coalition
of New Hampshire, a New Hampshire Nonprofit Corporation to be formed pursuant to NH
RSA 292:2 as initially set forth in Attachment B.

“By-Laws” means the by-laws of the Corporation as initially set forth in Attachment C.

“Corporation” means Community Power Coalition of New Hampshire and may be referred
to as CPCNH.

“Electric Aggregation Plans and Programs” means such services municipalities and
Counties undertake pursuant to NH RSA 53-E,

“Member Directors” means Directors appointed by a Member of this Agreement.

“Project Matter” means a matter for decision by the Members subscribed to a Project or
Study Project involving a question or matter pertinent to considering, entering, studying,
planning, financing, developing, acquiring, constructing, reconstructing, improving,
enlarging, bettering, operating or maintaining the Project or Study Project as to which there
shall be one or more Project Contracts.

“Project Votes” means the number of votes a Member shall be entitled to cast with respect
to a Project Matter. Each Member shall be entitled to cast that number of votes, with
respect to a Project Matter, computed as follows: That number of votes (rounded to the
next higher whole number) equal to 1000 multiplied by the result of dividing (i) the amount
of the Member’s financial commitment in the Project or Study Project to which the Project
Matter relates, by (ii) the aggregate amount of all Members’ then existing financial
commitments in such Project or Study Project. In the event that such a calculation is being
made with respect to a Project (other than a Study Project) prior to the date of
commencement or commercial operation of the Project, as applicable, such calculation
shall be made as of the anticipated date of commencement or commercial operation of such
Project.

“Study Project” means one or more proposed Projects as to which the Corporation
undertakes to make studies or to acquire options or permits and to incur other preliminary
costs prior to the undertaking of the solicitation, construction or acquisition of such
proposed Project or Project.

-1]3-

Page Image
Board Of Aldermen - Agenda - 4/27/2021 - P111

Footer menu

  • Contact