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 any general or special law to the contrary, the town of Bolton is hereby authorized to borrow from time to time such sums as may be necessary, not to exceed, in the aggregate, six hundred seventy thousand dollars, for the purpose of paying the costs for the final assessment and cleanup of the gasoline contamination of certain town-owned and privately-owned property resulting from the leaking underground gasoline storage tanks at the town highway department, including ongoing operating, assessment and remediation efforts as required by the department of environmental protection and may issue bonds or notes therefor. Each authorized issue shall constitute a separate loan and each such loan shall be payable within twenty years from its date. Indebtedness incurred under this act shall not be included in determining the limit of indebtedness of the town under section ten of chapter forty-four of the General Laws but, except as provided herein, shall otherwise be subject to the provisions of said chapter forty-four.
SECTION 2. The vote of the town passed under article 9 of the warrant for the town meeting held on November nineteenth, nineteen hundred and ninety-four, authorizing bonds for the gasoline contamination cleanup project, is hereby ratified, validated and confirmed.
SECTION 3. This act shall take effect upon its passage.