AN ACT RELATIVE TO DEBT PAYMENTS IN THE TOWN OF RUTLAND.
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 section 20 of chapter 44 of the General Laws, the town of Rutland may appropriate all or a portion of the balance of the proceeds of the bonds sold to build and equip the Glenwood Elementary School to pay principal and interest on the non-debt-excluded bonded debt for this school and the associated land purchased for the project.
SECTION 2. This act shall take effect upon its passage.
Approved, May 26 , 2011.