Chap. 0141 An Act authorizing the town of canton to reimburse frank losordo & son, inc. for money expended in connection with the construction of water works in said town.
Be it enacted, etc., as follows:
Section 1. The town of Canton is hereby authorized to I appropriate the sum of eighty-eight hundred and thirty-two dollars and fifty-three cents and pay the same to Frank Losordo & Son, Inc., in full settlement of its claim against said town for reimbursement on account of money expended by said corporation in connection with the construction of water works in Highland street and Pondview street; provided, that no payment shall be made hereunder unless and until said corporation shall have released to said town by proper instrument or instruments all right, title and interest said corporation may have in said works.
Section 2. For the purpose of meeting the appropriation I authorized by section one, said town may borrow a sum not exceeding eighty-eight hundred and thirty-two dollars and fifty-three cents and may issue notes of the town therefor, payable in not more than five years. Indebtedness incurred under authority of this act shall be subject to the applicable provisions of chapter forty-four of the General Laws and shall be within the debt limit fixed for water loans under said chapter.
Section 3.   Action taken under this act at the annual I town meeting held in the current year shall be as effective as though this act had been in full force and effect at the time the warrant for said meeting was posted.
Section 4.  This act shall take effect upon its passage.
Approved March 14, 1951.