§ 406. Sinking fund
The Board may establish and provide for a sinking fund, however denominated, for the retirement of bond issue or other debt, or to provide security for the payment thereof. When so established, it shall be kept intact and separate from other monies at the disposal of the District, and shall be accounted for as a pledged asset for the purpose of retiring or securing such obligations. The cost of payments to any sinking fund shall be included in the annual budget of the District.
Structure Vermont Statutes
Title 24 Appendix - Municipal Charters
Chapter 409 - Lamoille Regional Solid Waste Management District
App § 107. Transportation and collection sites
App § 203. Selection of supervisors
App § 204. Organizational meeting
App § 309. Open meetings and public records
App § 312. Compensation of officers
App § 402. Budget appropriation and assessment
App § 404. Limitations of appropriations
App § 407. Capital reserve fund
App § 501. Special District meetings
App § 508. Qualifications and registration of voters
App § 509. Conduct of meetings
App § 510. Reconsideration or rescission of vote
App § 511. Validation of District meetings
App § 601. Withdrawal of a municipality
App § 602. Admission of additional municipalities
App § 603. Dissolution of the District
App § 604. Amendment of the District agreement