SECTION 1. For the purpose of providing adequate and complete facilities at the county recreational facility, the county commissioners of Norfolk County are hereby authorized to renovate and make additions to the existing golf course clubhouse on land now owned by said county in the city of Quincy. Said commissioners are hereby further authorized to cause plans and specifications to be prepared for the renovation of and additions to said facilities; provided that such plans and specifications shall be so drawn that the total cost for such renovation and additions, including architect’s fees and expenses connected therewith, shall not exceed five million dollars.
SECTION 2. For the purpose authorized by section one, the treasurer of said county, with the approval of the county commissioners, may borrow upon the credit of the county such sums as may be necessary, not exceeding in the aggregate, five million dollars; and may issue bonds or notes of the county thereof, which shall bear upon their face the words, Norfolk County Wollaston Recreational Facility Loan Act of 2005. Each authorized issue shall constitute a separate loan, and such loans shall be payable in not more than twenty years from their dates. The bonds or notes shall be signed by the county treasurer and counter signed by a majority of the county commissioners. The county may sell said securities at public or private sale, upon such terms and conditions as the county commissioners may deem proper, but not for less than 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.
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