Bill Text: CT SB00354 | 2014 | General Assembly | Introduced

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Bill Title: An Act Concerning The Bridgeport Thermal Limited Liability Company.

Spectrum: Committee Bill

Status: (Introduced - Dead) 2014-02-28 - Public Hearing 03/04 [SB00354 Detail]

Download: Connecticut-2014-SB00354-Introduced.html

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General Assembly		Raised Bill No. 354
February Session, 2014		LCO No. 1781
		*01781_______ET_*
Referred to Committee on ENERGY AND TECHNOLOGY
Introduced by:
(ET)

AN ACT CONCERNING THE BRIDGEPORT THERMAL LIMITED LIABILITY COMPANY.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

Section 1. (Effective from passage) (a) NuPower Thermal, LLC, with such persons that shall be associated with it and each other for that purpose, are constituted a body politic and corporate by the name of "The Bridgeport Thermal Limited Liability Company" and shall constitute a thermal energy transportation company, as defined in subsection (a) of section 16-1 of the general statutes.

(b) The Bridgeport Thermal Limited Liability Company is to be located in the city of Bridgeport.

(c) Notwithstanding the provisions of any general statute or any special act, The Bridgeport Thermal Limited Liability Company is authorized and empowered either directly or through the agency of its parent, a subsidiary or an affiliate: (1) To furnish from a plant or plants located in the city of Bridgeport, heat or air conditioning or both, by means of hot or chilled water or other medium; (2) to lay, install and maintain mains, pipes or other conduits, and to erect such other fixtures and improvements as are or may be necessary or convenient in and on the streets, highways and public grounds of said city or other public highways and rights-of-way, for the purpose of carrying heated or chilled water or other medium from such plant or plants to the locations to be served and returning the same; and (3) to lease to one or more corporations or limited liability companies formed under the general law or specially chartered for the purpose of furnishing heat or air conditioning, or both, one or more of such plants or distribution systems, or both, owned by it and constructed or adapted for either or both of such purposes.

(d) The amount of authorized membership units of The Bridgeport Thermal Limited Liability Company and the required capital contribution of each member shall be determined by the members of said limited liability company in its operating agreement.

(e) The duration of The Bridgeport Thermal Limited Liability Company shall be unlimited.

This act shall take effect as follows and shall amend the following sections:
Section 1	from passage	New section

Statement of Purpose:

To form The Bridgeport Thermal Limited Liability Company.

[Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not underlined.]