▸SECTION 1
Notwithstanding section 53F½ of chapter 44 of the General Laws or any other general or special law to the contrary, the town of Lynnfield, by and through its select board, may appropriate funds from the Golf Enterprise Fund to the Recreation Capital Trust Stabilization Fund for the purpose of funding large and/or long term capital projects, improvements and turf replacement to the town’s synthetic turf fields, including all incidental and related costs. The amounts appropriated from the Golf Enterprise Fund for this purpose shall not exceed $100,000 annually and shall be in excess of the amounts required to pay the annual costs of operating and maintaining the Reedy Meadow and King Rail Golf Courses, including the payment of any debt service associated therewith.
▸SECTION 2
This act shall take effect upon its passage.
Show raw text
SECTION 1. Notwithstanding section 53F½ of chapter 44 of the General Laws or any other general or special law to the contrary, the town of Lynnfield, by and through its select board, may appropriate funds from the Golf Enterprise Fund to the Recreation Capital Trust Stabilization Fund for the purpose of funding large and/or long term capital projects, improvements and turf replacement to the town’s synthetic turf fields, including all incidental and related costs. The amounts appropriated from the Golf Enterprise Fund for this purpose shall not exceed $100,000 annually and shall be in excess of the amounts required to pay the annual costs of operating and maintaining the Reedy Meadow and King Rail Golf Courses, including the payment of any debt service associated therewith.
SECTION 2. This act shall take effect upon its passage.