Bill H.3937 187th (2011 - 2012)

The town of Hopedale, acting by and through its board of selectmen, may allow the direct deposit, at the discretion of the board, without further appropriation or transfer by town meeting, into the Capital Improvement Stabilization Fund, established by town meeting on June 23, 2009, of up to 90 per cent of the receipts from the perpetual management and sale of surplus timber harvested from the Parklands; and provided, further, that the board of selectmen, in its sole discretion, may allow the direct deposit, without further appropriation or transfer by town meeting, into a new Parklands Care Stabilization Fund, of up to 10 per cent of the receipts from such perpetual management and sale of surplus timber harvested from the Parklands.