AN ACT RELATIVE TO THE ASSESSMENT OF BETTERMENTS FOR IMPROVEMENTS TO PRIVATE WAYS IN THE TOWN OF SANDWICH.
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. The town of Sandwich may establish a fund, which shall be known as the Improvements to Private Ways Betterment Fund, hereinafter referred to as the fund, into which fund shall be deposited all payments received from property owners assessed betterments for the costs of improvements to private ways pursuant to the town of Sandwich general bylaw enacted pursuant to section 6N of chapter 40 of the General Laws, and into which may be deposited other funds appropriated by the town for such purposes. The fund shall continue from year to year without the necessity of town meeting authorization annually. The town may appropriate from the fund, by majority vote at any special or annual town meeting, funds to be expended by the town for improvements to private ways. An annual report, which shall include projects undertaken, expenditures made and income received by the fund, shall be submitted to the board of selectmen of the town of Sandwich not later than December 31 and the board of selectmen shall vote to accept the report.
SECTION 2. Notwithstanding any general or special law to the contrary, the town of Sandwich may borrow for a term of up to 20 years for the purpose of improvements and repairs on private ways open to and used by the general public in anticipation of reimbursement from betterments assessed in connection with work on such private ways.
SECTION 3. This act shall take effect upon its passage.
Approved, September 27, 2018.