Pursuant to the provisions of C.G.S. § 7-131r, the Town of
Old Lyme does hereby create a special fund for the protection and improvement
of the environment, which fund shall be known as the "Land Acquisition Fund."
A line item shall be established in the annual budget for this purpose and
shall be assigned an individual account number.
[Amended 1-26-2004]
The Inland Wetlands Commission of the Town of Old Lyme is hereby designated
to act on behalf of the Town for the following purposes:
A. To develop, update and maintain a list of land which
may be appropriate for acquisition as open space, for the protection or improvement
of the environment, or for recreational purposes;
B. To make recommendations to the Board of Selectmen for
the acquisition of selected parcels of land for the purposes contemplated
by this article; and
C. To develop appropriate standards and limitations for
the use of parcels of land acquired pursuant to the provisions of this article
to assure their continued use as open space, for the protection and improvement
of the environment, or for recreational purposes.