Plain English Breakdown
The official source does not provide details on the timeline for construction or additional restrictions on bond usage.
Act Allowing State Bonds for Groton Community Center
This act allows the state to issue bonds up to $300,000 to fund planning and engineering work on a community center in Groton.
What This Bill Does
- Allows the State Bond Commission to issue bonds of up to $300,000.
- The money from these bonds will be used by the Department of Economic and Community Development as a grant-in-aid for planning and engineering work on a community center in Groton.
Who It Names or Affects
- The town of Groton
- The State Bond Commission
- The Department of Economic and Community Development
Terms To Know
- State Bond Commission
- A group that decides if the state can issue bonds.
- Grant-in-aid
- Money given by the government to help with a project.
Limits and Unknowns
- The bill does not specify how long it will take for the community center to be built.
- It is unclear if there are any additional restrictions on how the bonds can be used beyond planning and engineering.