[HISTORY: Adopted by the Town Council of the Town of Hudson 4-24-1990 as Res. No.
R9O-47. Amendments noted where applicable.]
All donations, grants, gifts, forfeitures and fees from any
source whatsoever received by any town body shall be retained and
accounted for the purpose so designated until:
A.
Such funds have been expended; or
B.
A majority vote of the Board of Selectmen determines that the need
for which such donations were made no longer exists or that the need
itself is contradictory to established town policy, in which case
the funds shall be returned to the donor. This chapter shall not pertain
to normal, user, permitting and/or statutory fees.[1]
[1]
Editor's Note: Pursuant to Res. No. R92-71, adopted 6-8-1992,
effective 7-1-1992, this subsection has been revised to replace "Town
Council" with "Board of Selectmen."
The Finance Director shall report to the Board of Selectmen,
on a quarterly basis, the status of all donations received by the
town, designated by a specific account number, together with any expenditure
against those donations and any funds remaining for the purposes intended.
[1]
Editor's Note: Pursuant to Res. No. R92-71, adopted 6-8-1992,
effective 7-1-1992, this section has been revised to replace "Town
Council" with "Board of Selectmen."
