SECTION 1. Notwithstanding the provisions of sections 53 or 53E½ of Chapter 44 of the General Laws or any other general or special law to the contrary, there shall be established in the Town of Dedham a special fund to be known as the Renewable Energy Fund, to which shall be credited all fees, proceeds and other receipts received by the town in connection with the sale of solar renewable energy credits or energy produced by town-owned and operated solar arrays. Monies in said fund may be expended by the Dedham Town Manager, following consultation with the town’s sustainability committee or its equivalent, without further appropriation for costs associated with energy efficiency upgrades to town and school buildings and other infrastructure, including but not limited to regulation of building temperature, windows, doors, street lighting, and renewable energy or water conservation projects. Town meeting shall annually impose a limit on expenditures from said fund and may provide that receipts remaining in the fund at the end of the fiscal year in excess of $5,000 be closed out to the general fund. The fund established by this act shall not be considered a revolving fund under section 53E½ of chapter 44 of the General Laws or be included to determine the aggregate limit of all revolving funds authorized under section 53E½ of said chapter 44.
SECTION 2. This act shall take effect upon passage provided, however, that the General Court may make clerical or editorial changes of form only to such bill, unless the Board of Selectmen approves amendments to the bill prior to enactment by the General Court, and provided further that the Board of Selectmen is hereby authorized to approve amendments which shall be within the scope of the general public objectives of this petition; or take any other action relative thereto.
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