364:1 Submission of Plan to Public Utilities Commission.
Before any town, village district or precinct shall vote to appropriate money or issue bonds or notes for the acquisition of any existing public utility, or for the construction of a public utility, or for the reconstruction or enlarging of a municipally owned utility, the selectmen of the town or the commissioners of the village district or the commissioners of any precinct may submit, and upon written application of 50 or more qualified voters or 1/4 of the qualified voters of said town, district or precinct, shall submit to the public utilities commission the general details of the plan and the amount proposed to be expended together with engineering plans and specifications.
Source. 1949, 271:1, eff. June 29, 1949.
Said commission shall after notice hold a public hearing at which time it shall receive evidence from any interested parties, and shall on its own motion investigate the public need for such acquisition, construction, reconstruction or enlarging and the feasibility of said proposed plan.
Source. 1949, 271:2, eff. June 29, 1949.
Said commission shall, within 30 days after said hearing, issue a report which shall contain its findings on said plan as proposed, with the reasons therefor, and shall cause it to be published in a newspaper of general circulation in said town, and shall also submit a copy of said report to the selectmen or precinct commissioners of said town, village district or precinct. Before any vote is taken by said town, village district or precinct to appropriate money or issue bonds or notes for any of the purposes mentioned in RSA 364:1, said findings of the public utilities commission shall be read to the meeting by the moderator or the chairman.
Source. 1949, 271:3, eff. June 29, 1949.