Section 9. The collector-treasurer of each municipality, at the option of the municipality and the agency, may collect any infrastructure assessments, including any recording fees, on behalf of the agency under an agreement between the municipality and the agency and to disburse the funds to any designated management entity or financial institution selected by the agency. The collector-treasurer shall disburse revenues to the management entity or financial institution within 30 days after the collection of such fees, together with the interest earned on the holding of such fees.
Structure Massachusetts General Laws
Part I - Administration of the Government
Title II - Executive and Administrative Officers of the Commonwealth
Chapter 23l - Local Infrastructure Development Program
Section 2 - Establishment of Development Zones; Petition
Section 4 - Infrastructure Assessments
Section 5 - Borrowing Money and Issuance of Bonds to Finance Improvements
Section 6 - Tax Exemption for Bonds or Notes Issued by Agency
Section 7 - Applicability of Chapter 40q Requirements to Bonds Issued by Agency