§39A‑50  Estimate of benefits. (a)  Each project party with a project agreement with the department shallestimate the benefits derived from the use of the proceeds of special purposerevenue bonds.  The benefits estimated shall be based on a comparison betweenthe use of the proceeds of the special purpose revenue bonds instead of othermeans of financing and shall be in terms of dollars projected to be or actuallysaved by consumers of the services of the project party.  The format of andmethod for determining the estimates shall be established by the department andshall 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 1980, c 255, pt of §2]