Be it enacted by the Senate and House of Representatives
in General Court assembled, and by the authority of the same,
SECTION 1. The town of Concord may appropriate and expend money for the payment of the expenses incurred for the celebration of the three hundred and fiftieth anniversary of the incorporation of said town. Any gifts of donations received by the town for the purposes of said anniversary may be used to pay for the costs of alcoholic beverages in an amount not to exceed one thousand four hundred and eighty-eight dollars and fifty cents.
SECTION 2. Said town may establish in the town treasury a special fund in which shall be deposited such sums as may be appropriated by said town for said celebration, and such sums as may be received as gifts or donations for such purpose. Any such sums received by the town treasurer shall be kept separate and apart from all other funds of the town and the principal and interest thereof may from time to time, be expended for the purpose of said celebration under the direction of and upon the authorization of the board of selectmen of said town. Any surplus remaining in said special fund after such celebration is concluded shall be transferred by said treasurer into the treasury of said town.
SECTION 3. This act shall take effect upon its passage.