(A) The Council hereby authorizes, budgets and appropriates funds from the General Fund of the town to pay the expenses of or to reimburse town officials, as the case may be, for expenses incurred in promoting the best interests of the town for economic development. These expenses may include but not necessarily be limited to rental of meeting places, meals, decorations, memorabilia, awards, expenses incurred in interviewing job applicants, expenses incurred in promoting industrial, commercial and residential development, expenses incurred in developing relations with other units of government, and any other expenses of a civic or governmental nature deemed by the Council to be in the best interest of the town as related to economic development.
(B) These funds shall be not in excess of $ 2,500 per calendar year.
(Ord. 1997-4, passed 3-20-1997)