An Act To Amend the Charter of the Limestone Water and Sewer District

Sec. 1. P&SL 1957, c. 59, §8-A  is enacted to read:

Sec. 8-A. Wastewater treatment facility board. All the affairs of the Greater Limestone Wastewater Treatment Facility are managed by a board of directors composed of 5 members. Three members must be members of the board of trustees of the Limestone Water and Sewer District. One member must be appointed by the trustees of the Loring Development Authority of Maine. One member must be a member of the Limestone Board of Selectpeople appointed by the selectpeople. The 2 appointed members serve at the pleasure of their appointing entities and may be removed without cause by their respective entities at any time. Appointed members serving on the wastewater treatment facility board are not eligible to serve as officers of the board of trustees of the Limestone Water and Sewer District. The appointed members serve without compensation.

The responsibilities of the wastewater treatment facility board are limited to the regulation, management, operation and maintenance of the Greater Limestone Wastewater Treatment Facility. The wastewater treatment facility board is also responsible for rate changes and changes in the terms and conditions of service to the Loring Development Authority of Maine.

Sec. 2. P&SL 1957, c. 59, §12, first sentence,  as amended by P&SL 1981, c. 40, is further amended to read:

For accomplishing the purposes of this act Act, said the district, through its trustees, is authorized to borrow money temporarily in an amount not to exceed $1,500,000 $5,000,000, and to issue therefor for the borrowing of money the interest-bearing negotiable notes of the district and for the purpose of refunding the indebtedness so created, of paying any necessary expenses and liabilities incurred under this act Act, including the expenses incurred in the creation of the district, in reimbursing said the town, in acquiring the aforesaid properties, privileges and franchises of the Limestone Water and Sewer Company, its successors or assigns, by purchase or otherwise, of securing sources of supply, taking water and land, paying damages, laying pipes, constructing and maintaining and operating a water, sewerage and drainage system, and making extensions, additions and improvements to the same, the said district through its trustees may from time to time issue bonds of the district to an amount necessary in the judgment of the trustees therefor for the issuance of bonds, maturing at one time or in uniform or varying installments with or without call provisions and at or without any premium.

Sec. 3. Act effective. Section 1 of this Act does not take effect unless the Board of Directors of the Limestone Water and Sewer District acquires title to the Greater Limestone Wastewater Treatment Facility by July 1, 2010.

summary

This bill establishes a board of directors for the Greater Limestone Wastewater Treatment Facility. The board is responsible for the regulation, management, operation and maintenance of the Greater Limestone Wastewater Treatment Facility and for rate changes and changes in the terms and conditions of service to the Loring Development Authority of Maine. The provisions of the bill establishing the board do not take effect unless the Limestone Water and Sewer District acquires title to the Greater Limestone Wastewater Treatment Facility by July 1, 2010.

This bill also increases the district's debt limit from $1,500,000 to $5,000,000.