The inhabitants of the town of Lebanon, in the county of Grafton,
shall continue to be a body corporate and politic, under the name
of the "City of Lebanon."
All existing property and assets now of said town of Lebanon
and all precincts and districts within said town including Lebanon
Center Fire precinct, Lebanon Water Works, and West Lebanon Village
Fire District shall be vested in said city under the provisions of
this chapter. Lebanon Center Fire Precinct, Lebanon Water Works and
West Lebanon Village Fire District are hereby abolished. All bonded
indebtedness of the Lebanon Center Fire Precinct existing at the time
of the adoption of this charter shall be reassessed upon residents
living within the bounds of said former precinct until at which time
all indebtedness shall be removed. Method and duration of assessment
shall be determined by the city council. All bonded indebtedness of
the Lebanon Water Works existing at the time of adoption of this charter
shall be reassessed upon residents living within the bounds of said
former Lebanon Water Works until at which time all indebtedness shall
be removed. Method and duration of assessment shall be determined
by the city council. All bonded indebtedness of the West Lebanon Fire
and Water District at the time of the adoption of this charter shall
be reassessed upon the residents living within the bounds of said
former district until at which time all indebtedness shall be removed.
Method and duration of assessment shall be determined by the city
council.
[Amended 12-3-1968]
The school district of the town of Lebanon as presently constituted
shall be a body corporate and politic and shall have all the powers
and shall be subject to the same obligations and duties as are conferred
or imposed upon town school districts by the statutes of the state
of New Hampshire, in such case made and provided. However, the school
district and the city manager provided for under this charter are
hereby authorized to enter into such voluntary agreements for cooperative
purchasing and the maintenance of buildings as may be desirable to
effect economies and promote efficiency.