A. 
There is established a special endowment fund No. 601 for the town entitled the Wetherill Nature Preserve trust fund.
B. 
When moneys are received by the town from whatever source to be placed in the Wetherill Nature Preserve trust fund and it is intended that the funds be nonexpendable, as in the case of an endowment, the funds shall be placed in this fund and invested by the town clerk/treasurer.
C. 
The interest shall remain in the fund until expenditures are authorized by the councils of Yarrow Point and Hunts Point upon recommendation of the Wetherill Nature Preserve commission.
(Ord. 346 §§ 1 – 3, 1989; Ord. 600 § 1, 2010)
A. 
There is established for the town a special trust fund No. 623 entitled the Wetherill Nature Preserve fund.
B. 
The moneys received for the purpose of maintaining and/or improving the Wetherill Nature Preserve will be placed in this fund.
C. 
Expenditures may be made from this fund as the council feels necessary for improvements to or for the maintenance of the Wetherill Nature Preserve.
(Ord. 342 §§ 1 – 3, 1988; Ord. 600 § 1, 2010)
A. 
The town clerk/treasurer is authorized to receive funds in the form of donations, grants or any other source for deposit in the special expendable trust fund No. 623 or the endowment fund No. 601, including funds received by the town of Hunts Point which are designated for the Wetherill Nature Preserve.
B. 
The town clerk/treasurer is authorized to invest the funds and is further authorized to expend the funds upon approval by both town councils.
C. 
Prior to November 1st, the advisory commission, as created by the Wetherill Nature Preserve interlocal agreement and entered into between Hunts Point and Yarrow Point on December 22, 1988, shall submit a proposed budget to both councils for approval. This budget will contain recommendations for expenditures for the ensuing year.
D. 
Prior to January 1st of each year, the town councils shall approve a budget for the expenditure of funds for the Wetherill Nature Preserve. The town clerk/treasurer is authorized to make expenditures authorized by the budget approved by the town councils. Nonbudgeted expenditures will require approval of both town councils.
(Ord. 345 §§ 1 – 4, 1989; Ord. 600 § 1, 2010)