It is enacted by the General Assembly as follows:

SECTION 1. Section 1 of Chapter 450 of the Public Laws of 1990 is hereby amended by striking the words "four million five hundred thousand dollars ($4,500,000)" and inserting in their place the words "five million dollars ($5,000,000)."

SECTION 2. The question of the approval of this act shall be submitted to the electors of the town at a special local election to be held on a date which occurs at least thirty-five days after passage of this act, which may be the same date as any other election, prior to December 31, 1995, as shall be designated by the town council. The question shall be submitted in substantially the following form: "Shall an act, passed at the 1995 session of the general assembly, entitled 'AN ACT IN AMENDMENT OF CHAPTER 450 OF THE PUBLIC LAWS OF 1990, ENTITLED 'AN ACT AUTHORIZING THE TOWN OF SOUTH KINGSTOWN TO FINANCE THE ACQUISITION OF LAND AND THE CONSTRUCTION, EQUIPPING AND FURNISHING OF A POLICE STATION AND TO ISSUE NOT MORE THAN $4,500,000 BONDS THEREFOR', TO AUTHORIZE AN ADDITIONAL BORROWING OF $5,000,000 be approved?" and the warning for the election shall contain the question to be submitted. From the time the election is warned and until it is held, it shall be the duty of the town clerk to keep a copy of the act available at his office for public inspection, but the validity of the election shall not be affected by this requirement.

SECTION 3. This section and the foregoing section shall take effect upon the passage of this act. The remainder of this act shall take effect upon the approval of this act by a majority of those voting on the question at the election prescribed by the foregoing section.