Section 40-42-102 - DefinitionsAs used in this article 42, unless the context otherwise requires:
(1) "Acquire" means to obtain eligible facilities by lease, construction, reconstruction, purchase, or, as authorized by section 40-42-104 (1)(p) and subject to the requirements of articles 1 to 7 of title 38, the exercise of the power of eminent domain.(2) "Authority" means the Colorado electric transmission authority created in section 40-42-103.(3) "Board" means the board of directors of the authority.(4) "Bonds" means electric transmission bonds issued as authorized by this article 42 and includes notes, warrants, bonds, temporary bonds, and anticipation notes issued by the authority.(5) "Commission" means the public utilities commission created in section 40-2-101.(6) "Electric transmission authority operational fund" or "operational fund" means the fund created in section 40-42-106.(7) "Electric transmission bonding fund" or "bonding fund" means the fund created in section 40-42-105 (3).(8) "Electric utility" means an entity operating for the purpose of supplying or transmitting electricity to the public for domestic, mechanical, or public uses and includes a municipally owned utility, a transmission utility, as defined in section 40-5-108 (1)(b), a cooperative electric association, a wholesale electric cooperative, as defined in section 40-2-136 (3)(c), a nonprofit electric corporation or association, and every other vertically integrated supplier of electric energy supplying electric energy for its customers or for the use of its own members.(9) "Eligible facilities" means facilities that are financed or acquired by the authority.(10) "Facilities" means electric transmission facilities and all related structures, properties, and supporting infrastructure, including any interests therein. The term does not include interconnection facilities from an electric generator, or from a storage project that is used for electric generation, to a facility.(11) "FERC" means the federal energy regulatory commission.(12) "Finance" or "financing" means the lending of bond proceeds by the authority to a public utility or other private person for the purpose of planning, acquiring, operating, and maintaining eligible facilities in whole or in part by the public utility or other private person.(13) "Local government" means a county, home rule or statutory city, town, territorial charter city, or city and county. (13.5) "Powerline trail" has the meaning set forth in section 33-45-102 (5).(14) "Project" means an undertaking by the authority to finance or to:(a) Plan, acquire, maintain, and operate eligible facilities located partly or entirely within Colorado; or(b) Renovate, rebuild, or recondition existing eligible facilities, that are located partly or entirely within Colorado and are approved through a local government's land-use application process, to upgrade and optimize the existing facilities.(15) "Storage" has the same meaning as "energy storage system" as defined in section 40-2-202 (2).Amended by 2023 Ch. 165,§ 22, eff. 8/7/2023.Amended by 2022 Ch. 97, § 6, eff. 4/13/2022.Added by 2021 Ch. 329, § 4, eff. 6/24/2021.2023 Ch. 165, was passed without a safety clause. See Colo. Const. art. V, § 1(3).