AN ACT RELATIVE TO THE TERMS OF CERTAIN BONDS OF THE CITY OF REVERE TO BE ISSUED TO FINANCE THE CONSTRUCTION OF A PUBLIC SAFETY FACILITY.
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 Revere may issue bonds up to but not exceed the sum of $17,000,000 for the purpose of designating, constructing, originally equipping and furnishing a new public safety facility for a term not exceeding 30 years and without regard to the term of any temporary loan issued in anticipation of such bonds.
SECTION 2. This act shall take effect upon its passage.