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  2. Board Of Aldermen - Agenda - 4/27/2021 - P136

Board Of Aldermen - Agenda - 4/27/2021 - P136

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
136
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_a__042720…

CPCNH Joint Power Agreement (JPA) — Outline of Key Sections

Recitals that lay predicates or reasons for entering
into the JPA. pp. 1-2

Outline of Documents included p.2

« Att. B: Articles of Agreement of CPCNH pp. 14-18
° Att. C: Corporation By-Laws pp. 19-32
Purpose of JPA & Art. IV - Membership p.3

Art. V - Cost Sharing Principles -- Cost sharing only
by Agreement — designed to mostly be covered by

margin on revenue for services. pp. 4-5
Art. VI-VIIl - Meetings, Board, Employees & Agents
— mostly dealt with in By-Laws. p. 6
Art. IX - Committees of Board detailed. pp. 8

Art. X - How Projects may be developed —
voluntary opt-in, w/ project specific contracts &
voting based on project share. pp. 8-9

Art. XI - Bond & Notes — for projects: must be
approved by project participant governing &
legislative bodies per law, non-recourse to
members unless expressly agreed to. p. 10

° Art. XII - Limitation of Liability: “No debt, liability,

or obligation of the Corporation shall be a debt,
liability, or obligation of any Member unless
otherwise specified and agreed to by individual
Members under a Cost Sharing Agreement or Project
Contract under this Agreement.” p. 10

Art. XII - Accounts & Reports: “. . . The books and
records of the Corporation shall be open to inspection
at all reasonable times to each Member and its

representatives. ...” p. 10

Art. XIV - Term — Effective after 2 communities
sign on and after AG approves. p.11

Art. XV - Indemnification and Insurance in By-
Laws p.11

Art. XVI - Amendments -- 2/3 of Members
voting at an Annual Meeting except veto by two
or more Members totaling 50% or more of the
population of all Members based upon the
most recent population census. Except
amending this article & XII, XIV and XV require
governing body OK of every member.

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Board Of Aldermen - Agenda - 4/27/2021 - P136

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