utility valuation experts under subsection (a).
(ii) The purchase price of the selling utility as
agreed to by the acquiring public utility and selling
utility.
(iii) The ratemaking rate base determined pursuant
to subsection (c)(2).
(iv) The transaction and closing costs incurred by
the acquiring public utility that will be included in its
rate base.
(v) A tariff containing a rate equal to the existing
rates of the selling utility at the time of the
acquisition and a rate stabilization plan, if applicable
to the acquisition.
(vi) The results of the ratepayer referendum
conducted under subsection (d.1).
* * *
(3) The commission shall issue an order approving or
disapproving the application for acquisition. If the results
of the ratepayer referendum under subsection (d.1) show a
majority of ratepayers disapprove of the proposed
acquisition, the commission shall not approve the application
for acquisition. If the commission issues an order approving
the application for acquisition, the order shall include:
(i) The ratemaking rate base of the selling utility,
as determined under subsection (c)(2).
(ii) Additional conditions of approval as may be
required by the commission.
* * *
(d.1) Ratepayer referendum.--A ratepayer referendum shall be
conducted by a selling utility with a fair market value of
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