| Sec. 1. Validation and authorization. Notwithstanding any provision of |
| the Maine Revised Statutes to the contrary, the school |
| construction referendum conducted by the City of Calais on June |
| 24, 2003 and the proceedings related to that referendum are |
| validated and made effective. The Calais School District is |
| authorized to expend up to $9,383,367 for the Calais High School |
| and Calais Elementary School construction and renovation project |
| and to issue bonds or notes that have been approved by the State |
| Board of Education for purposes of calculating state school |
| construction subsidies in an amount not to exceed $7,726,994, to |
| issue local only bonds or notes for the project without state |
| subsidy in an amount not to exceed $40,000 and to issue bonds or |
| notes or other evidences of indebtedness for the project in an |
| amount not to exceed $1,616,373 for zero-interest loans from the |
| State's School Revolving Renovation Fund. |