The Town hereby adopts an ordinance entitled
"An Ordinance to Establish a Veterans Committee."
[Added 3-29-2014 ATM by Art. 24]
A. The Veterans Memorial Scholarship Fund was established June 12, 1985,
Special Town Meeting Article 8 for the benefit of students of the
Town of Alfred to be chosen by the Massabesic Scholarship Committee.
B. The scholarship is to be awarded at the time of high school graduation
and will be paid out to the college of choice after the student successfully
completes the first semester and is signed up for the second semester.
C. The amount of the award will be the annual interest on the Veterans
Memorial Scholarship Fund and donations up to $1,000 with any additional
interest/donation to be added back to the fund balance principal.
If any portion of this chapter shall be declared
invalid, it shall not affect any other portion of this chapter.
This chapter may be amended at any Annual or
Special Town Meeting.
This chapter shall become effective upon adoption.