Plain English Breakdown
The official text does not define terms like 'bonds' or 'culverts', so definitions were removed per rules.
State Bonds for Waterway Improvements in Ledyard
This bill allows the state to issue up to $7 million in bonds to improve dams, culverts, bridges, and waterways on Long Pond, Bush Pond, and other related areas in Ledyard.
What This Bill Does
- Empowers the State Bond Commission to authorize issuing state bonds.
- Limits the total amount of new debt to seven million dollars.
- Requires that bond money goes to the Department of Energy and Environmental Protection.
- Funds improvements for dams, culverts, bridges, and waterways in Ledyard.
Who It Names or Affects
- The State Bond Commission
- The Department of Energy and Environmental Protection
- Residents and property owners near Long Pond, Bush Pond, and other related waterways in Ledyard
Limits and Unknowns
- The bill does not list the specific timeline for when improvements will start.
- It does not explain how much interest the state must pay on these bonds.
- The exact cost of each improvement project is not included in this text.