HB 7028

AN ACT AUTHORIZING THE TOWN OF JOHNSTON TO ISSUE NOT TO EXCEED $215,000,000 GENERAL OBLIGATION BONDS, NOTES AND OTHER EVIDENCES OF INDEBTEDNESS TO FINANCE CONSTRUCTION, ADDITIONS, RENOVATION, IMPROVEMENT, ALTERATION, REPAIR, FURNISHING AND EQUIPPING OF SCHOOLS AND SCHOOL FACILITIES THROUGHOUT THE TOWN, PROVIDED THAT THE AUTHORIZATION SHALL BE REDUCED BY ANY GRANT RECEIVED FROM THE SCHOOL BUILDING AUTHORITY CAPITAL FUND (Authorizes the town of Johnston to issue bonds and notes in an amount not exceeding $215,000,000 to finance construction, additions, renovation, improvement, alteration, repair, furnishing and equipping of schools and school facilities.)