AN ACT RELATIVE TO INCURRING INDEBTEDNESS IN THE TOWN OF IPSWICH.
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. Chapter 324 of the acts of 1994 is hereby repealed.
SECTION 2. Notwithstanding the provisions of any general or special law to the contrary, Chapter II of the general bylaws of the town of Ipswich is hereby amended by striking out section 6 and inserting in place thereof the following section:-
Section 6. Bond Appropriations
No appropriation to be raised by bonds of the town of Ipswich, except for an appropriation of an amount of less than one tenth of 1 per cent of the current total equalized valuation of the town for any purpose, shall be adopted unless the article calling for such appropriation shall have: (1) received a two-thirds majority vote by town Meeting, in accordance with chapter 44 of the General Laws, after there has been full opportunity for debate on the merits of any such article; and (2) received a majority vote on a printed ballot. If the article shall have received a two-thirds majority vote of town Meeting, then the board of selectmen shall forthwith call for a special election for the purpose of voting on the appropriation, such election to be called in accordance with the General Laws. Notwithstanding the preceding sentence, the board of selectmen may vote to include a ballot question required by this section on the town’s annual election ballot, which vote shall only be effective if the corresponding annual town Meeting has approved the appropriation pursuant to this section. The statement of the purpose of the appropriation shall be substantially the same in the article as it is in the ballot question.
SECTION 3. Nothing in this special act shall preclude the right of the town meeting to modify section 6 of Chapter II of the bylaws of the town of Ipswich without seeking a special act of the general court.
SECTION 4. This act shall take effect upon its passage.