SECTION 1. Chapter 298 of the acts of 1936 is hereby repealed.
SECTION 2. Chapter 435 of the acts of 1938 is hereby repealed.
SECTION 3. (a) The Ring’s Island water district established in chapter 298 of the acts of 1936 is hereby dissolved and, without further conveyance or other act, all assets, liabilities, obligations and indebtedness and all powers and duties of the district are hereby merged and transferred to the town of Salisbury acting by and through its board of selectmen acting as the board of water commissioners. Except as otherwise provided in this act, all district funds shall be transferred to the town’s water enterprise fund or, if there is no water enterprise fund, to the town’s general fund. The town shall be the lawful successor of the district in all respects.
(b) The district board of water commissioners, the office of district treasurer and all other district officers and positions are hereby abolished and any incumbents holding any such office or position on the effective date of this act are hereby terminated.
SECTION 4. (a) The town of Salisbury shall establish the Ring’s Island Water Main Replacement Fund. Money in the fund shall be expended, upon appropriation by a 2/3 vote of the town meeting , only for the replacement of the water main located under Bridge road from the town’s gate valve at the intersection of state highway route 110, School street, and state highway route 1, Bridge road, to the intersection of state highway route 1 and First street including, but not limited to, for the design, construction and site preparation and for any incidental and related costs. Upon a declaration by the board of water commissioners that all costs and debt service obligations related to the replacement of the water main have been paid in full, any money remaining in the fund shall be transferred, without further appropriation, to the town’s water enterprise fund or, if there is no water enterprise find, to the town’s general fund.
(b) All funds held in escrow by the town pursuant to an agreement between the district and the town shall be deposited into the Ring’s Island Water Main Replacement Fund on the effective date of this act.
SECTION 5. The board of water commissioners in the town of Salisbury may assess a separate charge upon the users located in the former district for a portion of the replacement cost of the Bridge road water main, subject to the limitations in this section. The charge, which shall not exceed $30,000 annually, in the aggregate, for all users in the former district, shall be assessed and collected pursuant to an agreement between the district and the town. The authorization for the assessment of the charge as provided in this section shall terminate upon the payment in full of all costs for the replacement of the Bridge road water main, including all debt incurred for the water main replacement, or on such earlier date as the board of water commissioners may determine; provided, however, that the assessment shall not extend beyond 25 years. Receipts received by the town under this section shall be deposited into the Ring’s Island Water Main Replacement Fund. Notwithstanding any such assessment on the users, the town may annually appropriate a sum of money to be deposited into the fund.
SECTION 6. This act shall take effect on July 1, 2020; provided, however, that if it is enacted after April 30, 2020, this act shall take effect on July 1, 2021.
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