Be it enacted by the Senate and House of Representatives
in General Court assembled, and by the authority of the same,
SECTION 1. The county commissioners of Middlesex county are hereby authorized to expend for the Middlesex county hospital a sum not exceeding three million dollars to upgrade the electrical, life safety, building structure, grounds and patient communications systems, including architectural and engineering fees and other costs incidental thereto and connected therewith.
SECTION 2. For the purposes authorized by section one, the county treasurer of Middlesex county, with the approval of the county commissioners and the county advisory board on county expenditures of said county, may borrow upon the credit of the county such sums as may be necessary, not exceeding, in the aggregate, three million dollars, and may issue bonds or notes of the county therefor, which shall bear on their face the words, Middlesex County Hospital Loan, Act of 1986. Each authorized issue shall constitute a separate loan and such loans shall be payable not more than twenty-five years from their dates. Said bonds or notes shall be signed by the county treasurer and countersigned by a majority of the county commissioners. The county may sell said securities at a public or private sale, upon such terms and conditions as the county commissioners may deem proper, but not for less then their par value. Indebtedness incurred hereunder shall, except as herein provided, be subject to chapter thirty-five of the General Laws.
SECTION 3. This act shall take effect upon its passage.