Raises the debt limit of the Ogunquit Sewer District from $12,000,000 to $17,000,000.
This bill amends the Maine Revised Statutes to increase the debt limit for the Ogunquit Sewer District from $12,000,000 to $17,000,000. The district is authorized to borrow money and issue bonds and notes for operational activities, with the new limit allowing for greater financial flexibility. The change applies to borrowing and debt issuance procedures as outlined in the Maine Revised Statutes.
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