SB 993

AN ACT AUTHORIZING THE TOWN OF COVENTRY TO ISSUE NOT MORE THAN $25,000,000 BONDS AND NOTES TO FINANCE CONSTRUCTION, RENOVATION, REHABILITATION, REPAIR, IMPROVEMENT, FURNISHING AND/OR EQUIPPING OF AND/OR ADDITIONS TO SCHOOLS AND SCHOOL FACILITIES THROUGHOUT THE TOWN, SUBJECT TO APPROVAL OF STATE SCHOOL HOUSING AID AT A REIMBURSEMENT RATE OR STATE SHARE RATIO OF NOT LESS THAN 49.2 % FOR EXPENDITURES ELIGIBLE FOR REIMBURSEMENT (Authorizes Coventry to vote to approve a bond referendum for up to $25,000,000.)