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MA S2625
Bill
AI Summary
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Authorizes the City of Quincy to issue revenue bonds for designing, constructing, and reconstructing municipally owned telecommunications facilities, requiring a two-thirds vote for approval
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Bonds are limited obligations payable solely from rates and charges collected for telecommunications services, not from general city funds, and are exempt from the city's debt limit under Chapter 44
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Bonds may mature up to 30 years from issuance, can be sold at public or private sale, and may be secured by trust agreements, insurance, or letters of credit
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Property owners may enter agreements with the city to pay fixed assessments for telecommunications service connections, recorded as betterments with liens attaching to the property
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Condominium associations may petition for service agreements with majority unit owner approval, with assessments attaching as liens to individual units rather than as common expenses
Legislative Description
Providing for the issuance of revenue bonds for the construction and reconstruction of telecommunications facilities by the city of Quincy
Last Action
Signed by the Governor, Chapter 94 of the Acts of 2025
12/23/2025