Chap. 389.          AN   ACT   AUTHORIZING   THE   TOWN    OF   WATER-
TOWN TO ESTABLISH A REVOLVING FUND IN THE TOWN TREASURY FOR THE WATERTOWN RECYCLING PROGRAM.
Be it enacted,   etc.,   as  follows:
SECTION 1. Notwithstanding the provisions of section fifty-three of chapter forty-four of the General Laws to the contrary, the town of Watertown is hereby authorized to establish in its treasury a special account which shall be known as the "Water-town Recycling Account". Into such account there shall be deposited the receipts, contributions and other monies of the Watertown recycling program, so-called, except appropriations, and any and all such funds received by the town treasurer shall be kept separate from any other monies. Such funds or property and interest thereon shall be expended from said account at the direction of the Watertown recycling committee and the town manager of said town without appropriation in such manner and at such times as shall, in the discretion of said committee and said town manager, best serve and promote the purposes for which said program was established. A percentage of all such funds as agreed by said committee and said town, shall be deposited in the general fund of said town.
SECTION 2. This act shall cease to be operative on December thirty-first,  nineteen hundred and eighty-two.
SECTION 3.     This act shall take effect upon its passage.
Approved     August     8,      1981.