[Adopted 5-4-1993 ATM, Art. 32]
There is hereby established a separate account in the Town Treasury known as the "Capital Improvements Fund." Moneys may be appropriated into the Capital Improvements Fund by a majority vote of any Town Meeting, and said moneys shall be kept segregated from all other funds. Moneys may be appropriated from the Capital Improvements Fund by a two-thirds vote of any Town Meeting for any purpose for which the town would be authorized to borrow money under of MGL c. 44, §§ 7 and 8, or take any other action relative thereto.