[§39A‑240]  Estimate ofbenefits.  (a)  Each project party with a project agreement with thedepartment shall estimate the benefits derived from the use of the proceeds ofspecial purpose revenue bonds.  The benefits estimated shall be based on acomparison between the use of the proceeds of the special purpose revenue bondsinstead of other means of financing and shall be in terms of dollars projectedto be or actually saved by consumers of the services of the project party.  Theformat of and method for determining the estimates shall be established by thedepartment and shall be uniform for each project party.

(b)  To promote public understanding of therole played by special purpose revenue bonds in providing less costly servicesby a project party to the general public, the department shall take appropriatesteps to ensure public access to and scrutiny of the estimates determined undersubsection (a).

(c)  The department shall adopt rules underchapter 91 for the purposes of this section. [L 1994, c 280, pt of §6]