Pursuant to and in conformity with §§ 7-148b
through 7-148f of the General Statutes, there is hereby established
a commission known as the "Fair Rent Commission" for the Town of Newtown.
Said Commission shall consist of five members appointed by the First
Selectman, with the approval of the Board of Selectmen, which Commission
may, but is not required to, include at least one tenant and one landlord.
The term of office shall be two years. The Charter provisions on minority
representation shall be observed.
The Fair Rent Commission shall have the power to collect fines
and collect funds to be held in escrow consistent with state statutes.
All funds received by the Fair Rent Commission from any source
shall be placed in the custody of the Financial Director of the Town
of Newtown to be held, administered and disbursed by the Financial
Director as part of and through the general fund of the Town of Newtown,
subject to any limitations on the use of the funds and in accordance
with any statutory requirements concerning funds, including escrow
funds, received by the Fair Rent Commission.
Members of the Commission shall serve without pay.