(A) There is hereby established the Unrestricted Donations Fund (the "Fund").
(B) The Clerk-Treasurer is directed to deposit into such Fund all unrestricted donations received by the town.
(C) The Town Council shall approve the expenditure of all such deposited unrestricted donations, which expenditures shall be for the following purposes:
(1) Economic development projects;
(2) Town of Boswell beautification;
(3) Local matches toward grants on capital improvement projects;
(4) Capital improvement projects;
(5) Contributions toward the purchase of capital improvement projects by the Boswell-Grant Township Volunteer Fire Department; or
(6) As determined by the Town Council.
(Ord. 2013-12-9-4, passed 12-9-2013)