Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:

Notwithstanding any other general or special law to the contrary, the town of Hubbardston may establish and maintain a special account known as the Fund for Hubbardston Preservation. The town shall keep the fund separate and apart from all other monies of the town and shall deposit in the account all monies received from fees collected from private functions for use of town owned land designated as open space, recreation land or conservation land or from fees collected from activities or sales, such as sale of timber, related to such land, or from donations made to the fund. Expenditures from the fund may be made to acquire additional open space, with the approval of the selectboard and town meeting, to maintain or improve existing recreation and open space lands and to preserve town owned historical sites and buildings. Expenditures from the fund shall be authorized by the selectboard based on recommendations of the parks and recreation committee or, if no such committee exists, by a Hubbardston preservation committee that shall be appointed by the select board of the town for 1 year term running from July 1 to June 30. The Hubbardston preservation committee shall include 1 member each from the recreation commission, recreation field committee, common committee, cemetery commission and open space committee and 2 at large members. Ex officio members shall include 1 member of the planning board, 1 member of the historical commission, 1 member of the conservation commission and the highway superintendent.