§ 407. Capital reserve fund
The Board may establish and provide for a capital reserve fund to pay for public improvements, replacement of worn out buildings and equipment, and major repairs of District facilities. 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 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