Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
SECTION 1. The town of Lunenburg may appropriate and expend money for the payment of expenses incurred for the celebration of the anniversary of its settlement or incorporation. The money may be appropriated annually during the five years preceding such celebration.
SECTION 2. Notwithstanding section 53 of chapter 44 of the General Laws or any other general or special law to the contrary, the town of Lunenburg may establish in the town treasury a special fund in which shall be deposited such sums as may be appropriated by it under the provisions of this act, sums received from the sale of commemorative items, from admission charges for commemorative ceremonies and events, from advertising and sponsorship revenues for such items and events, and from any other gifts, contributions, donations and other moneys received in connection with the anniversary celebration. Sums received by the treasurer under this act shall be kept separate from other moneys, funds or property of the town of Lunenburg and the principal and interest thereof, from time to time upon the authorization of the board of selectmen, the majority of any special committee established to plan such celebration, or a duly authorized member of said special committee, may be expended for the purposes of the celebration in the years preceding such celebration, the year of such celebration and in the year following such celebration. A surplus remaining in said special fund after the celebration is concluded and after all payments therefore have been made shall be transferred by the treasurer into the treasury of the town, unless another fund has been established hereunder, in which case the surplus may be transferred to such other fund.