The Commission may accept any grant, gift, bequest, or donation of any personal property offered or made for recreational purposes and, with the approval of the Board, may accept any grant, gift, or devise of real estate, which 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 Commission shall have no authority to enter into any contract or incur any obligation binding upon the town other than current obligations or contracts to be fully executed within the then current fiscal year and all within the budget appropriations made by the Board.
(Prior Code, § 2-7005)