§ 1285-l. State park infrastructure projects. In order to effectuate\nthe purposes of this title, the corporation shall have the following\nadditional special powers:\n 1. Notwithstanding the provisions of any general or special law to the\ncontrary, the office of parks, recreation and historic preservation or\nthe division of the budget, with the approval of the director of the\nbudget, and the corporation are each hereby authorized to enter into a\ncontract or contracts providing for the financing of the design,\nacquisition, construction, improvement and installation of all or any\nportion of any state park infrastructure project or reimbursement to the\nstate for costs incurred in connection with a state park infrastructure\nproject for and on behalf of the state; and the corporatio
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§ 1285-l. State park infrastructure projects. In order to effectuate\nthe purposes of this title, the corporation shall have the following\nadditional special powers:\n 1. Notwithstanding the provisions of any general or special law to the\ncontrary, the office of parks, recreation and historic preservation or\nthe division of the budget, with the approval of the director of the\nbudget, and the corporation are each hereby authorized to enter into a\ncontract or contracts providing for the financing of the design,\nacquisition, construction, improvement and installation of all or any\nportion of any state park infrastructure project or reimbursement to the\nstate for costs incurred in connection with a state park infrastructure\nproject for and on behalf of the state; and the corporation and the\noffice of parks, recreation and historic preservation or the division of\nthe budget, with the approval of the director of the budget, may enter\ninto a contract, lease, easement, license or other instrument pursuant\nto which the corporation shall make all or any portion of any state park\ninfrastructure project available to such state agency. Any such contract\nor contracts, lease, easement, license or other instrument shall be upon\nsuch terms and conditions as the corporation and the state shall\ndetermine to be reasonable, including, but not limited to, the payment\nof or reimbursement to the corporation for (a) all costs of the\ncorporation in financing all or any portion of any state park\ninfrastructure project, and any claims arising therefrom, (b) all fees\nand other charges of, and all expenses incurred by, the corporation in\nconnection with the issuance and administration of any bonds or notes\nissued by the corporation for such purpose, and (c) amounts sufficient\nto pay all principal, premium, if any, and interest on such bonds or\nnotes. Such payment or reimbursement may be made annually or otherwise,\nmay be in fixed amounts or based on any factors or other matters, or may\nbe made in any other manner, as such contract or contracts, lease,\neasement, license or other instrument shall provide. Provided, however,\nthat the net proceeds of any such bonds or notes issued shall not exceed\nsixteen million dollars, not including issuance costs, capitalized\ninterest and debt service reserve funds.\n 2. Any such contract or contracts, lease, easement, license or other\ninstrument entered into pursuant to subdivision one of this section\nshall provide that the obligation of the state to fund or to pay the\namounts therein provided for shall not constitute a debt of the state\nwithin the meaning of any constitutional or statutory provision and\nshall be deemed executory only to the extent of moneys available\ntherefor and that no liability shall be incurred by the state beyond the\nmoneys available for such purpose, and that such obligation is subject\nto annual appropriation by the legislature.\n 3. Any such contract or contracts, lease, easement, license or other\ninstrument or any payments made or to be made thereunder may be assigned\nand pledged by the corporation as security for its bonds and notes\nissued for the purpose of financing all or any part of any state park\ninfrastructure project.\n 4. The corporation and the office of parks, recreation and historic\npreservation or the division of the budget, with the approval of the\ndirector of the budget, may enter into any leases, easements, licenses\nor other instruments for the purpose of granting to the corporation any\ninterest in real property which the corporation shall deem necessary for\nthe purpose of financing the design, acquisition, construction,\nimprovement and installation of all or any portion of any state park\ninfrastructure project. The corporation shall hold any such interest in\nreal property in trust for the state, shall make and keep such\nproperties accessible to the public, and shall not sell, lease, exchange\nor donate such properties except to the state.\n 5. The comptroller is hereby authorized to receive from the\ncorporation any portion of special obligation bond proceeds paid to\nprovide funds for or reimburse the state for its costs associated with\nany state park infrastructure project and to credit such amounts to the\ncapital projects fund or any other appropriate fund.\n