The Parks and Recreation Commission may accept any grant, gift, bequest or donation of any personal property offered or made for Parks and Recreation purposes and, with the approval of the governing body, may accept any grant, gift or devise of real estate. Any gift, bequest of money or other personal property, grant or devise of real estate shall be held, used and finally disposed of in accordance with the terms or conditions under which the grant, gift or devise is made and accepted. The Parks and Recreation Commission shall have no authority to enter into any contract or incur any obligation binding the governing body of the town other than current obligation(s) or contracts to be fully executed within the current fiscal year and all within the budget appropriations made by the governing body of the town.
(Ord. O-93-1, passed 1-11-1993)