(A) There is created a special nonreverting gift, donation, and subsidy fund.
(B) All gifts, donations, or subsidies to the Park and Recreation Department shall be deposited by the Clerk-Treasurer in the special fund and shall be available for expenditure by the Board for the purposes specified by the grantor of the funds and only upon approved claims allowed and signed by the President and Secretary of the Town Council.
(Ord. 391, passed 6-6-84)
Cross-reference:
Parks and recreation, see Ch. 99