Section 37J. The board of education may, subject to appropriation, reimburse any city, town or regional district for all or part of the cost of providing magnet educational programs within the public schools. Any such reimbursement shall be made only after certification by the board that such cost actually has been incurred, that such cost is reasonable, and that such program has met such requirements.
For the purpose of this section, the term ''magnet educational program'' shall mean educational measures including, but not limited to, planning and special services, instruction, or treatment of children, whether at the public schools or other public or private facility or place, which meet such requirements as may be established by the board for the purpose of providing such children with racially balanced educational experiences.
The board of education may contract with any other public or private facility for the purpose of purchasing magnet educational programs. Any city, town or regional district wanting to join in such a program shall so request the board in writing. The board shall approve all requests that meet the requirements as may be established. Any such contracts must be approved by a majority of the board provided that such cost is reasonable.