AN ACT AUTHORIZING THE TOWN OF SOUTHBRIDGE TO ESTABLISH CERTAIN FUNDS.
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. Chapter 475 of the acts of 2004 is hereby repealed.
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 Southbridge may establish in the town treasury the Landfill Royalty Fund, into which shall be deposited all royalty payments received from the private operator of the town-owned Barefoot Road Sanitary Landfill, pursuant to the “Extension of Agreement for the Operation of the Barefoot Road Sanitary Landfill, and Refuse and Recyclables Collection, Southbridge, Massachusetts, between Southbridge Recycling + Disposal Park, Inc., and the Town of Southbridge, dated May 29, 2007”, on file with the town clerk, or, if that agreement expires, is superseded or otherwise becomes inapplicable, then pursuant to a successor agreement with a private landfill operator relative to the operation of the landfill.
The town council may, by majority vote, appropriate not more than 50 per cent of the estimated annual landfill royalty payment to be received in a fiscal year under the landfill extension agreement or other successor landfill operating agreement in order to fund the operating budget of the town. The remaining 50 per cent of the estimated annual landfill royalty payment and any balance remaining in the Landfill Royalty Fund may be appropriated at any time by a two-thirds vote, to fund capital projects or for any lawful purpose including, but not limited to, additional funding for the town’s operating budget. The town council may appropriate or transfer additional money into the Landfill Royalty Fund at any time. If in any fiscal year the amounts appropriated by the town pursuant to this section exceed the royalty payments actually received, the town council shall raise and appropriate or transfer from available funds sufficient amounts to address the deficit prior to the end of that fiscal year, or the deficit shall be added to the tax levy and raised by taxation in the fiscal year immediately following.
SECTION 3. Notwithstanding section 53 of chapter 44 of the General Laws or any other general or special law to the contrary, the town of Southbridge may establish in the town treasury the Landfill Reimbursement Fund, into which shall be deposited all reimbursements and other payments, except the royalty payments referred to in section 1, received under the extension agreement, a successor landfill operating agreement, a landfill site assignment or modification thereof, issued by the Southbridge board of health pursuant to section 150A of chapter 111 of the General Laws, or under any other agreement relative to the operation of the landfill. The town council may, by majority vote, appropriate estimated reimbursements and other landfill-related payments to be received in a fiscal year under the landfill extension agreement, a successor landfill operating agreement, a landfill site assignment or modification thereof, issued by the board of health pursuant to said section 150A of said chapter 111, or any other agreement relative to the operation of the landfill, as may be necessary to fund the various activities for which such payments are made, or may appropriate these funds for any other lawful purpose. If in a fiscal year the amount appropriated by the town pursuant to this section exceeds the landfill reimbursement payments or other landfill-related payments actually received, the town council shall raise and appropriate or transfer from available funds sufficient amounts to address the deficit prior to the end of that fiscal year or the deficit shall be added to the tax levy and raised by taxation in the fiscal year immediately following.
SECTION 4. The town treasurer shall be the custodian of the Landfill Royalty Fund and the Landfill Reimbursement Fund and shall make a separate accounting of each fund to the town council each year not later than September 1 for the preceding fiscal year ending on June 30. Any income derived from the investment or reinvestment of the funds authorized in this act shall remain with and become part of each fund.
SECTION 5. This act shall take effect upon its passage.
Approved, January 21, 2010.