The board may perhaps invest in and purchase insurance from any resources accessible. An insurance policy deal covering this threat shall have a waiver in the defense of governmental immunity. The payment of any insurance coverage premiums through 123b the district isn't going to in alone make the district chargeable for any accidents or damages incurred via the transportation.
(d) Before issuing bonds or incurring other financial debt, the governing human body responsible for utilizing the arrangement have to adopt a resolution proposing to concern bonds or incur other debt plus the proposed economical impact on the bonds or other debt on Each and every taking part district. The resolution should be adopted in just a time enough to enable the board to adopt a resolution within the time permitted by this paragraph also to adjust to the statutory deadlines set forth 123b in sections 122A.
The district may well spend all important charges therefor which include transportation with the district money available.
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A agreement for perform or labor, or for the acquisition of home furniture, fixtures, or other assets, apart from books registered beneath the copyright legislation and knowledge programs computer software, or for the construction or repair service of faculty residences, the approximated Price or value of which shall exceed that specified in area 471.
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