[Adopted 11-24-1993 by Ord. No. 64]
The Board of Supervisors of Potter hereby signifies
its intention to organize an Authority (Authority) under the terms
and conditions contained in the following sections.
The name of the Authority shall be the "Potter
Township Hydroelectric Authority."
The Authority shall be formed under the Municipality
Authorities Act of 1945, Act of May 2, 1945, P.L. 382, 53 P.S. § 301
et seq., as amended.
The following persons are hereby appointed initial
members of the Board of the Authority for the terms of office indicated,
whose terms shall commence on the date the Secretary of the Commonwealth
issues a Certificate of Incorporation and expire on the first Monday
of January following the completion of the full number of years of
the term specified below:
Name
|
Address
|
Term
|
---|
Charles L. Oldham
|
401 E. Mowry Rd., Monaca, PA
|
5 years
|
Earl F. Carlton
|
162 W. Mowry Rd., Monaca, PA
|
4 years
|
Robert L. Buffington
|
350 Frankfort Rd., Monaca, PA
|
3 years
|
James Bishop
|
158 W. Mowry Rd., Monaca, PA
|
2 years
|
Arthur F. Buffington
|
350 Frankfort Rd., Monaca, PA
|
1 year
|
The Authority shall be empowered to manufacture,
purchase, use, transmit, sell and distribute electric power; plan,
finance, construct, operate, maintain, expand, extend and improve,
from time to time, the hydroelectric generating facilities referred
to as the Montgomery Project and/or the Emsworth Project; produce
and sell electricity from the hydroelectric generating facilities
referred to as the Montgomery Project and/or the Emsworth Project
and such other hydroelectric projects it may develop from time to
time as it shall deem appropriate; take all action necessary or required
to comply with the FERC License No. 7041 issued to Potter; and undertake
all projects authorized under Section 12 of the Municipal Authorities
Act of 1945, 53 P.S. § 306A(a)(12).
The Articles of Incorporation of the Authority
are attached hereto as though the same were fully set forth herein
at length.
The Articles of Incorporation of the Authority
shall be executed by and on behalf of Potter by the Chairperson of
the Board of Supervisors of Potter and the Seal of Potter shall be
affixed thereto and attested to by the Secretary of Potter.
[Amended 4-14-2004 by Ord. No. 99]
The Chairperson and Secretary of the Board of
Supervisors of Potter and/or special legal counsel to Potter are hereby
authorized and directed to cause to be published the Notice of Public
Hearing, Notice of Adoption of this article and intention to file
the Articles of Incorporation with the Secretary of the Commonwealth
and take all other action necessary or appropriate to complete the
formation of the Authority as required by the Act.