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Spencer board hears first reading of 60-year franchise renewal for Duke Energy
Summary
Town staff introduced Ordinance 26-01 to renew a franchise with Duke Energy Carolinas LLC; company representatives described continued maintenance and reliability work and the board scheduled a required second reading next month.
Town staff introduced Ordinance 26-01 on Feb. 10, a proposed franchise agreement that would renew the Town of Spencer's franchise with Duke Energy Carolinas LLC for another 60 years.
The town's staff said state statute requires franchises be considered at two regular meetings; this evening's presentation was the first reading. The draft ordinance would…
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