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Session Laws

1995

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CHAPTER 21 AN ACT RELATIVE TO THE ISSUANCE OF BONDS BY THE CITY OF WORCESTER FOR AIRPORT PURPOSES.

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:

SECTION 1. Notwithstanding the provisions of any general or special law to the contrary, the city of Worcester, when issuing bonds to finance airport improvement projects, may specify any repayment period up to and including thirty years.

SECTION 2. Notwithstanding the provisions of section twenty-one A of chapter forty-four of the General Laws or any other general or special law to the contrary, the city of Worcester is hereby authorized to issue bonds under the authority granted by section one for the purpose of refinancing and refunding any airport indebtedness previously issued and outstanding prior to the effective date of this act.

SECTION 3. This act shall take effect upon its passage.

Approved May 3, 1995.