Be it enacted by the Senate and House of Representatives
in General Court assembled, and by the authority of the same,
SECTION 1. Notwithstanding the provisions of section fifty-three of chapter forty-four and section three of chapter forty of the General Laws or any other general or special law to the contrary, the city of Quincy is hereby authorized to establish a revolving fund for the Quincy school department to be known as the "Quincy Public School Department Income Account", which shall be kept separate and apart from all other monies by the city treasurer in an interest-bearing account and into which shall be deposited the payments received from Quincy college for rental of the land, together with the buildings, fixtures and equipment thereon, located in said city of Quincy, known as fifty and fifty-eight Saville avenue and Coddington hall. Accrued interest shall be added to and become a part of said account.
SECTION 2. Expenditures from said account shall be made by the superintendent of schools with the approval of the Quincy school committee without appropriation and only for the following purposes:
(a) The implementation, operation and maintenance of a foreign language program for grades six, seven and eight within the Quincy public schools.
(b) The operation, maintenance and improvements to the technical and computer education programs of the Quincy public schools.
(c) Implementation, operation and maintenance of an athletic program for grades six, seven and eight within the Quincy public schools.
SECTION 3. Upon submission of the annual operating budget of the Quincy school department to the city council, the superintendent of schools shall submit also to the city council, a written report relative to the anticipated expenditures from the account established under the provisions of section one for the ensuing fiscal year. Said report shall be reviewed by the city council and the city council shall approve, disapprove or take no action on said report; provided, however, that:
(a) no expenditures shall be made for the ensuing fiscal year from said account if the city council disapproves the report,
(b) expenditures shall be made for the ensuing fiscal year if the city council approves the report,
(c) if by June first, the city council has not disapproved the report, then the report shall be deemed to have been approved by the city council as if there had been an affirmative vote approving same as of that date.
SECTION 4. This act shall take effect upon its passage.