§ 46-15.5-6.1 - Limitation on expenditures. - Rhode Island Statutes

SECTION 46-15.5-6.1

   § 46-15.5-6.1  Limitation on expenditures.– The Bristol County water authority shall pay fifty percent (50%) of costs ofplanning, design, permitting and construction of the additional and emergencyconnections authorized by this chapter until the total cost thereof shall equal$29.6 million ($29,600,000). All costs in excess of $29.6 million ($29,600,000)will be paid by the Bristol County water authority. In the event that the totalexpenditures by the Bristol County water authority for the planning, design,permitting and construction of the additional and emergency connectionsauthorized hereby shall be less than $14.8 million ($14,800,000), the BristolCounty water authority shall expend the differences for the planning, design,permitting and construction of the existing systems enhancements, with thefirst priority being given to the completion of a new raw water transmissionline to the existing Bristol County reservoirs.