[HISTORY: Adopted by the City Council of the City of Laconia 12-29-1975 as Ch. 58 of the Public Ordinances of 1975. Amendments noted where applicable.]
The Council shall appoint an advisory committee of five citizens of Laconia who shall be known as the "Putnam Fund Advisory Committee," and who shall advise the Trustees of Trust Funds of the uses of the income from the Perley and Ellen M. Putnam Free Lecture Fund.
The Council shall annually, on or after the fourth Tuesday of March, appoint one Committee member to take the place of the Committee member whose term then expires and who shall thereupon serve for five years until his successor is chosen and qualified. The members of the Advisory Committee shall organize annually and shall elect a Chairman and such other officers as the Committee shall deem necessary.
It shall be the obligation of the Trustees of Trust Funds to consult with the Advisory Committee prior to the initiation of any use of the income from said fund.