PETITION OF:

By Mr. Hill of Ipswich, petition (accompanied by bill, House, No. 768) of Bradford Hill and others relative to the restoration of state parks. Environment, Natural Resources and Agriculture.

The Commonwealth of Massachusetts

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PETITION OF:

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In the Year Two Thousand and Seven.

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An Act relative to the restoration of state parks.

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. To provide for a program of improvement and preservation of the environmental assets of the commonwealth, the sums set forth in this act, for the several purposes and subject to the conditions specified in this act, are hereby made available from the General Capital Projects Fund, subject to the provisions of law regulating the disbursement of public funds.

SECTION 2.

EXECUTIVE OFFICE OF ENVIRONMENTAL AFFAIRS

Department of Environmental Management

2100-2012 For a program of capital improvements to the commonwealth's state forest and parks system, including the design, repair, associated costs, construction and reconstruction of buildings and properties owned by the department of environmental management including, but not limited to, state forests, parks, reservations, beaches, trails, and other properties and facilities .....................................................................................................$100,000,000

SECTION 3. To meet the expenditures necessary in carrying out section 2, the state treasurer shall, upon request of the governor, issue and sell bonds of the commonwealth, in an amount to be specified by the governor from time to time, but not exceeding, in the aggregate, the sum of $100,000,000. All bonds issued by the commonwealth, as aforesaid, shall be issued for such maximum terms of years, not exceeding 20 years, as the governor may recommend to the general court pursuant to Section 3 of Article LXII of the Amendments to the Constitution. All such bonds shall be payable not later than June 30, 2027. All interest and payments on account of principal of such obligations shall be payable from the General Fund unless otherwise specified. Bonds and interest thereon issued under the authority of this section, notwithstanding any other provision of this act, shall be general obligations of the commonwealth.