There is hereby created an Emergency Declaration Fund to provide
funding resources for significant emergency-related expenditures which
were not anticipated within the Town's General Fund budget and are
of an emergency nature.
Contributions to the fund shall be received from:
A. Moneys received by the Town from government grants, FEMA payments
or loans for emergency management.
B. Appropriations made in the annual budget, special appropriations
and emergency appropriations consistent with the Town Charter.
C. Donations from public and private individuals and entities.
D. Any other moneys appropriated to the fund by the Town Council.
The fund shall be in the custody of the Treasurer of the Town of Tolland and all or any part of the moneys in said fund may, from time to time, be invested in any securities in which public funds may lawfully be invested. All income derived from such investments shall be paid into the fund and become a part thereof. The moneys so invested shall at all times be subject to withdrawal for use as provided in §
12-4.