SECTION 1. (a) As used in this section, the following words shall have the following meanings unless the context clearly requires otherwise:

“District”, the Southern Worcester County Regional Vocational School District, duly organized pursuant to Chapters 71 and 74 of the Massachusetts General Laws.

“School”, the Bay Path Regional Vocational Technical High School owned and operated by the District.                  

(b)  Notwithstanding any general or special law to the contrary, the district may lease or enter into other agreements for a term, including any extensions, not to exceed 30 years for certain lands and any buildings and other appurtenances thereon located at the school in the town of Charlton for solar power generation.  The location and boundaries of any of the parcels to be leased shall be determined by the district based upon a survey by a certified engineer.              

(c)  Any lease or other agreement executed pursuant to this section shall be on terms, conditions and consideration acceptable to the district.

(d)  The lessee shall be responsible for and shall maintain an escrow fund for all costs and expenses including, but not limited to, costs associated with any engineering, surveys, appraisals and lease preparation as such costs may be determined by the district.                

(e)  The district may establish a receipts reserved for appropriation account for any revenue generated from the lease of property to the lessee. The account shall be used for the general appropriations of the district.

(f) Annually, a report shall be filed with school committee detailing the finances of the receipts reserved account.  The annual report shall include: (i) the current balance in the fund; (ii) any money deposited into the fund; and (iii) expenditures from the fund.  The school committee shall accept the report of the fund.

(h)  All records of the lessee relating to the operation of the solar generation unit including, but not limited to, finances shall be made available for inspection by the offices of the state auditor, the attorney general, and the inspector general upon request.