AN ACT ESTABLISHING A LAND ACQUISITION FUND IN THE TOWN OF MIDDLEBOROUGH.
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 any general or special law to the contrary, there shall be established in the town of Middleborough a Land Acquisition Fund into which shall be deposited all roll-back taxes paid to the town pursuant to section 7 of chapter 61, section 13 of chapter 61A and section 8 of chapter 61B of the General Laws and all conveyance taxes paid to the town pursuant to section 6 of said chapter 61, section 12 of said chapter 61A and section 7 of said chapter 61B.
SECTION 2. Any money deposited in the Land Acquisition Fund may be expended by the Middleborough board of selectmen upon authorization by vote of the town meeting to purchase the fee or other rights in land for purposes of recreation, conservation, agricultural, open space or other municipal use.
SECTION 3. Any income derived from the Land Acquisition Fund shall be credited to the Land Acquisition Fund.SECTION 4. This act shall take effect upon its passage.
Approved December 9, 2009.