All funds received in connection with the conduct of any of the events herein described shall be placed in a separate bank account. No funds may be disbursed from this account, except for the purposes authorized by § 113.04 of this chapter. A separate account shall be maintained for a period of two years of the amount and purpose of any disbursement. An audit of the account shall be conducted annually by the special committee for the period from July 1 to June 30. A copy of the audit shall be filed on or before September 15 of each year with the town. All books, papers, records and documents relevant to determining whether an organization shall be open to inspection by the Town Clerk, Police Chief or their designee at reasonable times, places and during reasonable hours.
(Prior Code, § 114.08) (Ord. passed 5-13-1982)