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 section twenty-one of chapter one hundred and sixty-four A of the General Laws, the city of Chicopee may issue refunding bonds, and temporary notes in anticipation thereof, at any time or times for the purpose of paying or providing for payment at maturity or redemption of its sixteen million dollar Electric System Revenue Bonds, Series of 1978, dated as of June first, nineteen hundred and seventy-eight, and eight million dollar Electric System Revenue Bonds, Series of 1983, dated as of May first, nineteen hundred and eighty-three.
Such refunding bonds may mature at a time or times not exceeding forty years from their dates of issue.
SECTION 2. This act shall take effect upon its passage.