SB 2927: AN ACT AUTHORIZING THE TOWN OF WESTERLY TO ISSUE NOT TO EXCEED $50,000,000 GENERAL…
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SB 2927
AN ACT AUTHORIZING THE TOWN OF WESTERLY TO ISSUE NOT TO EXCEED $50,000,000 GENERAL OBLIGATION BONDS, NOTES AND OTHER EVIDENCES OF INDEBTEDNESS TO FINANCE THE CONSTRUCTION, RENOVATION, IMPROVEMENT, ALTERATION, REPAIR, FURNISHING AND EQUIPPING OF SCHOOLS AND SCHOOL FACILITIES THROUGHOUT THE TOWN, SUBJECT TO APPROVAL OF STATE HOUSING AID AT A REIMBURSEMENT RATE OR STATE SHARE RATIO OF NOT LESS THAN 35% FOR EXPENDITURES ELIGIBLE FOR STATE AID AND PROVIDED THAT THE AUTHORIZATION SHALL BE REDUCED BY ANY GRANT RECEIVED FROM THE SCHOOL BUILDING AUTHORITY CAPITAL FUND (Authorizes the Town of Westerly to issue bonds and notes in an amount not exceeding $50,000,000 to finance the construction, renovation, improvement, alteration, repair, furnishing and equipping of schools and school facilities throughout the town.)
Rhode Island · Became law
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| Dennis L. Algiere | Sponsors | Dennis L. Algiere sponsored SB 2927: AN ACT AUTHORIZING THE TOWN OF WESTERLY TO ISSUE NOT TO EXCEED $50,000,000 GENERAL…. | None |
| An Act Authorizing the Town of Westerly to Issue Not to Exceed $50,000,000 General Obligation Bonds, Notes and Other Evidences of Indebtedness to Finance the Construction, Renovation, Improvement, Alteration, Repair, Furnishing and Equipping of Schools and School Facilities Throughout the Town, Subject to Approval of State Housing Aid at A Reimbursement Rate or State Share Ratio of Not Less Than 3 | Source records | SB 2927: AN ACT AUTHORIZING THE TOWN OF WESTERLY TO ISSUE NOT TO EXCEED $50,000,000 GENERAL… has an explicit source reference to An Act Authorizing the Town of Westerly to Issue Not to Exceed $50,000,000 General Obligation Bonds, Notes and Other Evidences of Indebtedness to Finance the Construction, Renovation, Improvement, Alteration, Repair, Furnishing and Equipping of Schools and School Facilities Throughout the Town, Subject to Approval of State Housing Aid at A Reimbursement Rate or State Share Ratio of Not Less Than 3. | None |
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