[HISTORY: Adopted by the Town Meeting of the Town of Lyme 5-14-2019 by Ord. No. 2019-3. Amendments noted where applicable.]
The Town of Lyme Board of Selectmen is empowered to accept gifts, grants, devises, and bequests and assume trusts for the benefit of its inhabitants under such terms and conditions as are prescribed by the grantor or donor and accepted by the Board.
Such discretionary authority shall be limited to amounts or value up to and including $100,000. Acceptance of amounts or value above this threshold shall be subject to Town Meeting consideration and approval.