The proposed bill, General Assembly Proposed Bill No. 171, seeks to authorize the issuance of state bonds for the renovation, rehabilitation, and updating of recreational fields in the village of Baltic, located within the town of Sprague. The State Bond Commission would be empowered to issue bonds not exceeding a total of two million dollars, with the proceeds designated for a grant-in-aid to the town of Sprague. This funding is intended to enhance the recreational facilities in the area, thereby improving community resources and opportunities for residents.
The bill includes new legal language that empowers the State Bond Commission to authorize these bonds in accordance with section 3-20 of the general statutes. There are no deletions from current law mentioned in the text of the bill. The overall purpose of the legislation is to provide necessary financial support for the improvement of recreational fields, which is expected to benefit the local community in Baltic.