[Adopted 3-28-1991 (Ch. V, Art. 2E, of the 1975 Code)]
Pursuant to C.G.S. § 7-148(c)(2)(K), the Town does hereby create a Debt Reduction Fund for the purpose of reducing the indebtedness of the Town. Appropriations to said fund shall be approved by the Town's legislative body and held in escrow until approved for disbursement by the Board of Finance.[1]
[1]
Editor's Note: The original appropriation of $237,000, which immediately followed this section, was repealed at time of adoption of Code (see Ch. 1, General Provisions, Art. I).