LD 1953
pg. 2
Page 1 of 2 An Act To Validate Certain Proceedings Authorizing the Issuance of Bonds and No... LD 1953 Title Page
Download Bill Text
LR 2870
Item 1

 
Be it enacted by the People of the State of Maine as follows:

 
Sec. 1. Validation and authorization. Notwithstanding any provision of
the Maine Revised Statutes to the contrary, the school
construction referendum conducted by the City of Calais on June
24, 2003 and the proceedings related to that referendum are
validated and made effective. The Calais School District is
authorized to expend up to $9,383,367 for the Calais High School
and Calais Elementary School construction and renovation project
and to issue bonds or notes that have been approved by the State
Board of Education for purposes of calculating state school
construction subsidies in an amount not to exceed $7,726,994, to
issue local only bonds or notes for the project without state
subsidy in an amount not to exceed $40,000 and to issue bonds or
notes or other evidences of indebtedness for the project in an
amount not to exceed $1,616,373 for zero-interest loans from the
State's School Revolving Renovation Fund.

 
Emergency clause. In view of the emergency cited in the preamble,
this Act takes effect when approved.

 
SUMMARY

 
This bill validates a referendum vote on the Calais High
School and Calais Elementary School construction and renovation
project conducted on June 24, 2003 and authorizes the Calais
School District to issue bonds, notes and other evidences of
indebtedness in connection with that project. The bill is needed
to resolve a legal technicality that could prevent the issuance
of additional bonds for the project in that the warrant for the
2nd referendum vote on the project was posted 6 days before the
referendum rather than 7 days before the referendum vote as
required by the Maine Revised Statutes.


Page 1 of 2 Top of Page LD 1953 Title Page