Town of Bethlehem, CT Chapter 23 Funds

[HISTORY: Adopted by the Town Meeting of the Town of Bethlehem as indicated in article histories. Amendments noted where applicable.]

Article I Capital and Nonrecurring Reserve Fund

[Adopted 3-18-1949]

§ 23-1 Creation of fund.

[Amended 8-13-2014]

A reserve fund for capital and nonrecurring expenditures shall be created.

Article II Open Space Fund

[Adopted 8-13-2014[1]]

[1] Editor’s Note: This amendment also superseded former Art. II, Land Acquisition Fund, adopted 6-13-2006.

§ 23-2 Creation of fund.

A special fund, which shall be known as the "Town of Bethlehem Open Space Fund" (hereinafter referred to as the "fund"), hereby established pursuant to C.G.S. §§ 7-131b, 7-131q, 7-131r, and 7-148(c)(2)(K).

§ 23-3 Use and purposes.

A. Money deposited into the fund shall be invested, appropriated, and used solely in accordance with, and for the purposes set forth in C.G.S. §§ 7-131b, 7-131q, and 7-131r, as amended.

B. The money in the former Land Acquisition Fund shall be transferred to the Open Space Fund created in § 23-2.