AN ACT AUTHORIZING THE TOWN OF NEWBURY TO USE CERTAIN FUND BALANCES FOR CAPITAL EXPENDITURES.
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 or any other general or special law to the contrary, the balances remaining in the town of Newbury's treasury from the sale of bonds for the payment for projects to cap the town's former landfill and construct the town's present transfer station may be expended without further appropriation by the board of selectmen for any purpose for which the town is authorized to incur debt for a period of 5 years or more.
SECTION 2. This act shall take effect upon its passage.Approved, December 12, 2012.