An Act To Increase The Debt Limit Of The Vinalhaven Water District

This bill raises the maximum amount of debt the Vinalhaven Water District can hold at one time from $1.5 million to $4 million. The district is a local government entity that provides water service to residents in Vinalhaven, Maine. The increase allows the district to borrow more money to build a new water main and make other improvements needed to meet state health and safety standards. The bill takes effect immediately upon approval because it declares an emergency related to public health.