SB68: relative to certain costs for the development of a high school in the town of Bedford.

SB 68 – AS INTRODUCED

2005 SESSION

05-0347

08/10

SENATE BILL 68

AN ACT relative to certain costs for the development of a high school in the town of Bedford.

SPONSORS: Sen. Roberge, Dist 9; Sen. Martel, Dist 18; Rep. Graham, Hills 18

COMMITTEE: Education

ANALYSIS

This bill alters the purpose of a certain sum of money payable to the Manchester school district by the town of Bedford.

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

05-0347

08/10

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Five

AN ACT relative to certain costs for the development of a high school in the town of Bedford.

Be it Enacted by the Senate and House of Representatives in General Court convened:

1 Town of Bedford; Specific Development Costs. Amend 2004, 27:1, I to read as follows:

I. Notwithstanding the provisions of RSA 33, the Bedford school district may recognize an amount up to $10,600,000, representing payment of capital [costs] to the city of Manchester [school district for the renovation and expansion of Manchester’s 3 high schools,], $6,200,000 paid for the school years 2003-2004 and 2004-2005 and $4,400,000 due for 2005-2006, the final year of the existing 3-year agreement between the districts, as costs available for long-term financing by the issuance of bonds or notes.

2 Effective Date. This act shall take effect upon its passage.