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RSA 34:3 · Payments Into Fund
34:3 Payments Into Fund. –
Copy linkThere may be paid into any such capital reserve fund such amounts as may from time to time be raised and appropriated therefor, from any source other than money given to the city for charitable purposes, within the limits as provided in RSA 34:4.
Copy linkThe city council may also by a favorable vote of 3/4 of its members, transfer to such fund after a public hearing with notice as provided in RSA 34:2, not more than 1/2 of its unencumbered surplus funds remaining on hand at the end of the fiscal year, within the limits as provided in RSA 34:4. Source. 1949, 181:3, eff. May 3, 1949. 2000, 224:3, eff. July 31, 2000.
Copy linkSource note
Source. 1949, 181:3, eff. May 3, 1949. 2000, 224:3, eff. July 31, 2000.
Source history
- 1949, 181:3, eff. May 3, 1949
- 2000, 224:3, eff. July 31, 2000
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n or water control easements or establishing tax increment financing districts. [IV] V. Municipalities may create a nonlapsing [CRIZ] FRIZ fund as a capital reserve fund under RSA 34 or RSA 35, or a town-created trust fund under RSA 31:19-a, to provide funding for projected municipal costs associated with projected storm surge, sea-level rise, and extreme precipitation, and such funds may be used to