No officer of the Town shall, in his or her official capacity,
make or pass upon or participate in making or passing upon any sale,
contract or agreement, or the terms or amount of any payment, in which
the Town is interested and in which such officer has any personal
financial interest, direct or indirect.
No Town officer and no salaried employee of the Town, or any
agent of such officer or employee, shall receive any compensation
or commission for work done by him or her for the Town, except his
or her official salary and fees allowed by law, without the permission
of the Selectmen expressed in a vote which shall appear on their records
with the reasons therefor.
No contract involving an obligation of the Town in excess of
$200 shall be binding upon the Town unless it is in writing and is
signed by at least a majority of the Board or committee duly authorized
or having control of the appropriation against which such obligation
is incurred. Such board or committee shall make a record of every
such contract in a book which shall be the property of the Town.
Every contract exceeding $1,000 shall be accompanied by a suitable
bond for the performance of such contract or by the deposit of money
or security to the amount of such bond.
No board or officer shall make any contract on behalf of the
Town the execution of which shall necessarily extend beyond one year
from the date thereof, except as otherwise provided by law, unless
specific authority to do so has been given by vote of the Town.