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Session Laws

1992

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CHAPTER 296 AN ACT RELATING TO THE AMORTIZATION OF BOND ANTICIPATION NOTES IN THE TOWN OF GRANBY.

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 the provisions of section seventeen of chapter forty-four and section twenty-three of chapter fifty-nine of the General Laws, the town of Granby is hereby authorized to raise in each of its tax rates for fiscal years nineteen hundred and ninety-three through nineteen hundred and ninety-six, inclusive, nineteen thousand nine hundred and eighty-six dollars of capitalized interest included in the town's notes issued on October eighteenth, nineteen hundred and eighty-eight, June twenty-eighth, nineteen hundred and eighty-nine, January second, nineteen hundred and ninety, and January second, nineteen hundred and ninety-one in the aggregate amount of six hundred and fifty thousand dollars in anticipation of bonds to finance the construction of certain sewer projects.

SECTION 2. This act shall take effect upon its passage.

Approved December 29, 1992.