Quote:
Originally Posted by Breakwater
Dave Barrett had over $3 million saved in the non-lapsing Navigation Safety Fund after saving for many years. Under house speaker Bill O'Brien the legislature passed a law making the fund lapsing, and moved the balance into the general fund.
Two years later the legislature reversed the actions of the previous and the Navigation Safety Fund is again non-lapsing. It will be the source for bond payments for the new building.
Therefore, payments come from boat registration money only. No "tax payers" (unless they register a boat) are affected by the building.
Link to law change below:
http://www.gencourt.state.nh.us/legi...11/HB0002.html |
Ok perfect, thank you Breakwater... so all the crap about it being a burden on the taxpayers is just that crap!!
The building was badly needed and well deserved. For heaven sake the old one was sinking in the water and in need of much structural repair. The new building is a welcome addition to the area!
Thank you Director Barrett and may you Rest In Peace!
Dan