[HISTORY: Adopted by the Town of Merrimack as indicated in
article histories. Amendments noted where applicable.]
[Adopted 3-14-2000 ATM by Art. 27; amended by Town Council 11-5-2009; 1-26-2012; 11-16-2017]
A Heritage Fund is hereby established under the provisions of
RSA 674:44-d. The whole or part of money appropriated in any year
and any gifts of money received shall be placed in the Heritage Fund
and allowed to accumulate from year to year. Money may be expended
from such fund by the Heritage Commission for its purposes without
further approval of the Town Council. The Town Treasurer, pursuant
to RSA 41:29, Subsection I(c), shall have custody of all moneys in
the Heritage Fund and shall pay out the same only upon order of the
Heritage Commission. The disbursement of moneys in the Heritage Fund
shall be authorized by a majority vote of the Heritage Commission.
Prior to the use of such funds for the purchase of any interest in
real property, the Heritage Commission shall hold a public hearing
with notice in accordance with RSA 675:7.
