Revision: Jan. 13, 2009, midnight
HB 319 – AS INTRODUCED
2009 SESSION
04/10
HOUSE BILL 319
AN ACT revising the charter of the union school district of Concord.
SPONSORS: Rep. Osborne, Merr 12; Rep. Bouchard, Merr 11; Rep. Watrous, Merr 12; Rep. Gile, Merr 10; Rep. Stetson, Merr 10
COMMITTEE: Municipal and County Government
This bill amends the borrowing procedures in the Concord school district charter for amounts in excess of $5,000,000.
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
09-0556
04/10
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Nine
AN ACT revising the charter of the union school district of Concord.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Union School District of Concord Charter; Borrowing Provisions Revised. Amend 1961, 355:16 as amended by 1967, 560; 1971, 262; 1977, 47; and 1983, 123:1 by amending section 16 to read as follows:
355:16 Borrowing. Subject to the applicable provisions of general law, and except as otherwise provided herein, the board of education by resolution approved by at least 2/3 of its members may authorize the borrowing of money for any purpose within the scope of the powers vested in the district and may issue bonds of the district or other evidences of indebtedness therefore, and may pledge the full faith, credit and resources of the district for the payment of the obligations created thereby. The board of education, by a simple majority of school district voters present and voting at the next regularly scheduled school district election, may authorize the borrowing of funds in excess of $5,000,000. Borrowing for a term exceeding one year shall be authorized by the board only after a duly advertised public hearing. The board shall have the authority, when issuing bonds or other obligations of the district, to negotiate with the city of Concord for the use of its facilities and credit.
2 Referendum; Concord School District Charter; Borrowing. Section 1 of this act shall not take effect unless it is adopted by a majority vote of those present and voting at the regular school board election in November 2010 as hereinafter provided. The clerk of the Concord school district shall cause to be printed at the bottom of the ballot prepared for the election of members of the board of education the following question “Shall the provisions of an act entitled ‘An act amending the charter of the union school district of Concord’ passed at the 2009 session of the legislature, be adopted?” Beneath this question shall be printed the word “Yes” and the word “No” with a square immediately opposite each word, in which the voter may indicate his or her choice. If a majority of those voting on this question at said election vote in the affirmative on this question, this act shall be declared to have been adopted and section 1 of this act shall become effective January 1, 2011. The school district clerk shall within 10 days of said election certify to the secretary of state the result of the vote on the above question.
3 Effective Date.
I. Section I of this act shall take effect as provided in section 2 of this act.
II. The remainder of this act shall take effect upon its passage.