The Town Board of the Town of North Hempstead hereby
establishes a separate fund to be known as the "North Hempstead WTC Relief
Fund." This fund shall be established to allow the people of North Hempstead
to show their sympathy and support for the victims of the World Trade Center
disaster.
The amounts paid into the North Hempstead WTC Relief
Fund shall be distributed to the New York State World Trade Center Relief
Fund in the name of the people of North Hempstead.
The moneys in such fund shall be deposited in one or
more of the banks or trust companies designated as banks of deposit by the
Town Board. Any interest realized on the money so deposited or invested shall
accrue to and become part of such fund.
The fund shall terminate on the 60th day following the
end of 2001. Immediately thereafter, all fund moneys shall be distributed.
The Supervisor shall account for the fund separately and apart from all other
funds of the Town. Such accounting shall show the source, date and the amount
of each sum paid into the fund; the interest earned by such fund; and the
date and amount of payment from the fund.