Whereas, the Department of Transportation will be conducting major reconstruction on Route 1A in the Town of Winterport during the spring and summer of 2002; and

Whereas, most of the town's water and sewer lines must be replaced at the same time as the Department of Transportation construction period occurs; and

Whereas, the town has secured a Community Development Block Grant for replacing the water and sewer lines and time is critical; and

Whereas, in the judgment of the Legislature, these facts create an emergency within the meaning of the Constitution of Maine and require the following legislation as immediately necessary for the preservation of the public peace, health and safety; now, therefore,

Be it enacted by the People of the State of Maine as follows:

Sec. 1. P&SL 1971, c. 143, §17, first ¶ is amended to read:

Sec. 17. Authority to borrow money. For accomplishing the purposes of this Act and for such other expense as may be necessary for the carrying out of said purposes, said district, through its trustees, without district vote subject to the provisions of the Maine Revised Statutes, Title 35-A, section 6412, is authorized to issue its notes and bonds in one series or in separate series from time to time and to make subsequent renewals of the same in whole or in part to an amount not exceeding the sum of $200,000 $1,200,000. Said notes and bonds shall be a are the legal obligation of said district, which is hereby declared to be a quasi-municipal corporation within the meaning of the Maine Revised Statutes of 1964, Title 30 30-A, section 5053 5701 and all the provisions of said section are applicable thereto to those notes and bonds; shall be are a legal investment for savings banks in the State of Maine; and shall be are exempt from all present taxes. Each bond or note shall must have inscribed on its face the words "Winterport Sewerage District Bond" or "Winterport Sewerage District Note", as the case may be, and shall bear bears interest at such rates as the trustees shall determine. If said bonds or notes be issued The district may refund and reissue from time to time, in one or in separate series, its bonds, notes and other evidences of indebtedness and each authorized issue shall constitute constitutes a separate