No Bonding Authority. Notwithstanding 20-A M.R.S. § 3802(12), the Board of Directors shall have no authority to issue bonds or notes for school construction purposes.
Appears in 3 contracts
Samples: Interlocal Agreement, Interlocal Agreement, Interlocal Agreement
No Bonding Authority. Notwithstanding 20-A M.R.S. § 3802(12), the Board of Directors shall have no authority to issue bonds or notes for school construction purposes.. The Board is not authorized to assume, incur, or dispose of any indebtedness in the name of the ESC.[19] [20] [21]
Appears in 1 contract
Samples: Interlocal Agreement