AN ACT AUTHORIZING THE MASHPEE WATER DISTRICT TO ESTABLISH A CERTAIN REVOLVING FUND.
Be it enacted by the Senate and House of Representatives
in General Court assembled, and by the authority of the same,
SECTION 1. Chapter 136 of the acts of 1987, as amended by
section 1 of chapter 72 of the acts of 1989, is hereby further amended by
inserting after section 5 the following section:-
Section 5A. The district is hereby authorized to
establish a revolving fund which shall be kept separate and apart from all
other monies by the treasurer of the district and in which shall be
deposited only the fees received from the installation of water service and
water meters. Such money may be expended without appropriation, for the
payment of contractors performing such water service and meter
SECTION 2. This act shall take effect upon its passage and shall
expire on July first, nineteen hundred and ninety-four.