The proposed bill, General Assembly Proposed Bill No. 160, seeks to authorize the issuance of state bonds for the Baltic Fire Engine Company located in Sprague. Specifically, the bill empowers the State Bond Commission to issue bonds not exceeding a total of one hundred thousand dollars. The proceeds from these bonds will be allocated to the Department of Emergency Services and Public Protection, which will use the funds to provide a grant-in-aid to the Baltic Fire Engine Company for completing necessary purchases and projects.
The primary purpose of this legislation is to secure funding that will support the operational needs and development projects of the Baltic Fire Engine Company, thereby enhancing its capacity to serve the community. The bill does not include any deletions from current law but introduces new legal language to facilitate the bond issuance process.