§ 30-75. Created; powers.

(a)

Created. The City Council of the City of Danbury (hereinafter referred to as "City") a municipality of the State of Connecticut, hereby creates a public body politic and corporate under the name and style of the Stanley Lasker Richter Memorial Park Authority (hereinafter referred to as "Authority").

(b)

Powers. Such Authority shall have the following powers:

(1)

To administer, operate and maintain said Stanley Lasker Richter Memorial Park and any adjacent land owned by the City which is made part of the park;

(2)

To contract and be contracted with in order to administer, operate and maintain the said park;

(3)

To make, amend and repeal bylaws, rules and regulations not inconsistent with general law to carry out its purposes;

(4)

To construct and reconstruct park facilities as authorized by law only within said park;

(5)

To fix and revise from time to time and to charge and collect fees, rents and other charges for the use of any project or facilities thereof on behalf of the City and in an amount sufficient to pay operating and maintenance expenses, the annual principal of and interest on bonds heretofore or hereafter issued by the City to finance the construction and reconstruction of park facilities within said park and the principal of and interest on any obligations the Authority may incur;

(6)

To pay over the net receipts semi-annually in January and July of each year (gross receipts less operation and maintenance expenses, a reserve for capital improvements not exceeding twenty-five (25) percent of gross receipts for the fiscal year, and authority debt service from the operation of the park), to the Treasurer of the City to be placed in the general fund of the City;

(7)

To make a periodic accounting of the financial transactions of the Authority. The Treasurer elected by the members of the Commission shall be bonded as determined by the Authority;

(8)

To issue its bonds, notes or other obligations as authorized by C.G.S. §§ 7-130a through 7-130w, to be paid solely from the revenues of the Authority;

(9)

To accept a loan or grant from the City or any other person, government or agency thereof, for the purposes of the Authority.

(Code 1961, § 13A-11; Ord. No 134, § 1, 8-6-1968; Ord. No. 151, § 1, 11-10-1970)

State law reference

Recreation authority commission, C.G.S. § 7-130c.