SENATE DOCKET, NO. 2773        FILED ON: 9/10/2010

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 2625

The Commonwealth of Massachusetts

_______________

In the Year Two Thousand Ten

_______________

An Act establishing a special fund in the town of Brimfield..

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.  Notwithstanding the provisions of any general or special law to the contrary, there shall be established in the town of Brimfield a fund, to be known as the Brimfield Flea Market fund, to which shall be credited all fees, proceeds and other receipts received by the town in conjunction with the operation of the Brimfield Flea Market, which fund may be expended by the Brimfield Board of Selectmen without further appropriation for the administrative, operating and maintenance of costs, including emergency services, associated with said flea market, provided, however, that town meeting shall annually impose a limit on expenditures there from and may provide that receipts remaining in the fund at the end of the fiscal year in excess of $10,000 be returned to the general fund.  Provided further that the Board of Selectmen may expend in any fiscal year an amount not exceeding the amount equivalent to five percent (5%) of the amount raised by taxation by the town in the most recent fiscal year for which a tax rate has been certified under section 23 of chapter 59 of the General Laws.  The fund established pursuant to this act shall not be considered a revolving fund for the purpose of section 53E ½ of chapter 44 of the general laws or be included for purposes of determining the aggregate limit of all revolving funds authorized under section 53E ½ of said chapter 44.

SECTION 2. This act shall take effect upon its passage.