AN ACT IN ACCORDANCE WITH RHODE ISLAND GENERAL LAWS SECTION 16-7-44 APPROVING THE ISSUANCE OF $3,500,000 BONDS BY THE TOWN OF SCITUATE TO FINANCE CAPITAL PROJECTS AT THE SCITUATE SCHOOLS

This bill authorizes the town of Scituate to issue $3.5 million in bonds to fund capital improvement projects at its local schools. The legislation empowers the town to create necessary contracts and agreements, often working through the Rhode Island Health and Educational Building Corporation, to carry out these construction or renovation efforts. While the state may provide reimbursement for the bond interest, this funding is conditional on the specific school projects being approved by the Rhode Island Department of Education. The measure requires prior approval from the town council and the town's voters before the bonds can be issued.