Upon the adoption of a resolution, the Board of Trustees may establish
a Publicity Fund to be expended for the purpose of advertising the advantages
of the Village as a tourist destination, or for commemoration programs and
historical events, or otherwise, including the necessary and legitimate expense
of securing a designation of the Village as the place to hold a convention
or meeting of any organization or society and for all such other purposes
as may tend to promote the general, commercial or economic welfare of the
Village, its residents, property owners and businesses. Such appropriation
shall not exceed $5,000 annually; provided, however, that the Board of Trustees
may appropriate up to $50,000 annually if such resolution is enacted, subject
to a permissive referendum.
The Board of Trustees shall be authorized to negotiate, enter and enforce
all contracts for goods, services, activities and all other expenditures being
funded by authority of this chapter and to approve all disbursements made
pursuant hereto.