§ 40. Capital reserve fund
The Board of Supervisors shall establish and provide for a capital reserve fund to pay for public improvements, replacement of worn out buildings and equipment, and planned and unplanned major repairs of a disposal facility, in furtherance of the purpose for which the District was created. Any such capital reserve fund shall be kept in a separate account and invested as are other public funds, and shall be expended for such purposes for which established. The cost of payments to any capital reserve fund shall be included in the annual budget of the District.
Structure Vermont Statutes
Title 24 Appendix - Municipal Charters
Chapter 403 - Central Vermont Solid Waste Management District
App § 6. Transportation and collection site
App § 7. Responsibility to accept solid waste
App § 11. Organizational meeting
App § 19. Compensation of members of Board of Supervisors
App § 31. Compensation of officers
App § 33a. Delegation to District staff
App § 35. Budget appropriation and assessment
App § 37. Limitations of appropriations
App § 40. Capital reserve fund
App § 49. Qualifications and registration of voters
App § 51. Reconsideration or rescission of vote
App § 52. Validation of District meetings
App § 54. Withdrawal of member municipality
App § 55. Admission of new member municipalities
App § 56. Dissolution of District