City of Nashua, NH Article IV School Building, Construction, Additions and Renovations Capital Reserve Fund

[Adopted 7-12-2005 by Ord. No. O-05-77]

§ 30-13 Establishment; expenditures.

A. A Capital Reserve Fund is established under RSA 34 for financing costs of school building, construction, additions and renovations.

B. Expenditures from said fund shall be as directed by resolution adopted by majority vote of the Board of Aldermen.