§ 92.05  FISCAL AUTHORITY.
   (A)   The town, for the purpose of providing recreational activities and facilities for its citizens, may accept any grant, gift, bequest or donation of any personal property offered or made for recreation purposes and may accept any grant, gift or devise of real estate.
   (B)   Any gift, bequest or money or other personal property, grant or devise of real estate shall be held, used, and finally disposed of in accordance with the terms and conditions under which such grant, gift or devise is made and accepted.
   (C)   The Recreation Advisory Commission shall have no authority to incur any obligations binding the town.
   (D)   The Recreation Department shall have no authority to incur any obligations binding the town other than current obligations or contracts to be fully executed within a then current fiscal year and which have been approved by the Town Manager and the Town Council and are all within the budget appropriations made by the town for the Recreation Department as a line department.
(1991 Code, § 12-26)  (Ord. passed 3-4-1980; Ord. passed 11-4-2008)