AN ACT AUTHORIZING THE CITY OF LEOMINSTER TO BORROW MONEY TO RENOVATE A CERTAIN CITY BUILDING FOR USE AS A COURTHOUSE.
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 any general or special law to the contrary, the city of Leominster is hereby authorized to borrow $1,300,000 and may issue bonds or notes of the city therefor, for the purpose of further renovating a city owned building known as the May A. Gallagher Junior High School Building, located in said city of Leominster, so as to make it suitable for use as a juvenile court. The city may also lease such renovated quarters to the state juvenile court department, and may use such lease fees from the court to amortize the principal and interest due on such borrowings. Indebtedness incurred under this act shall, except as provided in this act, be subject to the applicable provisions of chapter 44 of the General Laws.
SECTION 2. In addition to payments by the juvenile court department of capital outlay, principal and interest on the borrowings, the juvenile court department shall reimburse the city of Leominster for the maintenance and operations, including security systems, of the leased property on a monthly basis.
SECTION 3. Notwithstanding the provisions of any general or special law to the contrary, the chief administrative justice of the trial court, with the approval of the chief justice of the supreme judicial court and the commissioner of capital asset management and maintenance, and the mayor of the city of Leominster, with the approval of the city council, are hereby authorized to enter into a lease by which a portion of the May A. Gallagher Junior High School Building may be used as a juvenile court for the Leominster division of the juvenile court department of the trial court. The lease entered into shall, except as provided in this act, be subject to the applicable provisions of section 4 of chapter 29A of the General Laws.
SECTION 4. Notwithstanding the provisions of any general or special law to the contrary, the maturities of bonds or notes issued by the city of Leominster authorized under section 1 shall either be arranged so that for each issue the annual combined installments of principal and interest payable in each year be as nearly equal as practicable in the opinion of the city treasurer and the mayor, or shall be arranged in accordance with a schedule providing for a more rapid amortization of principal.
SECTION 5. This act shall take effect upon its passage.