Municipal gas agency Sample Clauses

The 'Municipal gas agency' clause defines the establishment or involvement of a governmental entity responsible for the procurement, management, or distribution of natural gas within a municipality. Typically, this clause outlines the agency's authority to enter into contracts, set rates, and oversee gas supply operations for public or community benefit. Its core function is to centralize and regulate gas services at the municipal level, ensuring reliable supply and potentially achieving cost savings or improved service for residents.
Municipal gas agency. Municipal gas agency" means a separate political subdivision and municipal corporation created by agreement between or among two or more cities pursuant to section 453A.03 to exercise any of the powers of acquisition, construction, reconstruction, operation, repair, extension, or improvement of exploration, production, storage and transmission projects or the acquisition of any interest therein or any right to part or all of the capacity or use thereof.
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