§ 46-15.5-6.1. Limitation on expenditures.
The Bristol County water authority shall pay fifty percent (50%) of costs of planning, design, permitting and construction of the additional and emergency connections authorized by this chapter until the total cost thereof shall equal $29.6 million ($29,600,000). All costs in excess of $29.6 million ($29,600,000) will be paid by the Bristol County water authority. In the event that the total expenditures by the Bristol County water authority for the planning, design, permitting and construction of the additional and emergency connections authorized hereby shall be less than $14.8 million ($14,800,000), the Bristol County water authority shall expend the differences for the planning, design, permitting and construction of the existing systems enhancements, with the first priority being given to the completion of a new raw water transmission line to the existing Bristol County reservoirs.
History of Section.
P.L. 1993, ch. 243, § 2.