|  | Sec. 1.  Validation and authorization.  Notwithstanding any provision of | 
| the Maine Revised Statutes to the contrary, the school | 
| construction referendum conducted by the City of Calais on June | 
| 24, 2003 and the proceedings related to that referendum are | 
| validated and made effective.  The Calais School District is | 
| authorized to expend up to $9,383,367 for the Calais High School | 
| and Calais Elementary School construction and renovation project | 
| and to issue bonds or notes that have been approved by the State | 
| Board of Education for purposes of calculating state school | 
| construction subsidies in an amount not to exceed $7,726,994, to | 
| issue local only bonds or notes for the project without state | 
| subsidy in an amount not to exceed $40,000 and to issue bonds or | 
| notes or other evidences of indebtedness for the project in an | 
| amount not to exceed $1,616,373 for zero-interest loans from the | 
| State's School Revolving Renovation Fund. |