§ 2911 - -Effect of negative vote for acquisition of utility property - Vermont Statutes

§ 2911. -Effect of negative vote for acquisition of utility property

Within 90 days of the final determination of the price to be paid for the plant and property, as well as the amount of the plant and property to be taken or acquired under the provisions of section 2909 or 2910 of this title, the municipality shall decide whether or not to take the plant or property at that price by a vote taken pursuant to procedures similar to those used in obtaining a ratifying vote as provided in section 2908 of this title. If that vote is in the negative, no other action under this chapter shall be had during the ensuing period of one year. (Amended 1979, No. 183 (Adj. Sess.). § 4.)