Burlington Electric Department Ballot Question
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Description
Ballot Reads: 'Shall the City Council be autorized to issue revenue supported general obligation bonds or notes in one or more series, and to pledge the credit of the City in connection therewith, pursuant to the City Charter on behalf of the Electric Light Department in an amount not to exceed $5,900,000.00, for capital additions and improvements to the elecctric system, including investments in Vermont Transco, LLC?" General Manager Barbara Grimes explains the bond issue with host Nick Carter. Information available at: https://www.burlingtonelectric.com/ELBO/assets/homepage/VELCO%20investment-FINAL.pdf
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