[Adopted 5-12-1997 by Ord. No. 97-01; amended in its entirety 11-13-2017 by Ord. No. 17-13]
There is hereby created within the financial accounts of the Town of Stratford an Open Space and Property Acquisition Fund to receive and disburse fees paid to the Town of Stratford under and by virtue of § 8-25b of the Connecticut General Statutes, the purpose of which fund is to acquire by purchase additional land for open space or public recreation. Appropriations from such fund shall be made by the Town Council upon approval by Planning Commission in accordance with § 8-24 of the Connecticut General Statutes.