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TR-92-5r �- t TR-92-5 I _ A RESOLUTION ACCEPTING MASSACHUSETTS GENERAL LAWS. CHAPTER 71, _SECTION 20A CONCERNING THE CREATION OF AN INSTRUCTIONAL TRUST FUND ACCOUNT WHEREAS, the acceptance of Massachusetts General Laws, Chapter 71, Section 20A shall provide for the creation of an instructional trust fund account for the benefit of the public schools; iWHEREAS, an instructional trust fund account will allow for the raising of private funds and the appropriation of public funds for the purchase of instructional materials for the public schools; WHEREAS, a trust fund committee will be composed of two school committee members selected by the school committee, one teacher from each school building appointed by the local teachers organization, one elementary and one secondary ' administrator appointed by the superintendent of schools, one parent from each school building appointed by the mayor, and the superintendent of schools who shall serve as chairperson; WHEREAS, said trust fund committee will determine the;.:7 expenditure of 90°s of the interest of such fund so long as 50%—.1 is designated for kindergarten through grade six, and 50% is designated for grade seven through grade twelve ; and WHEREAS, acceptance of Massachusetts General Laws, Chapter 71, Section 20A is in the best interests of the Town 61 Agawam and the Agawam Public Schools: � NOW THEREFORE, the Town Council of the Town of Agawam hereby resolves to accept the provisions of Massachusetts General Laws, Chapter 71 , Section 20A. DATED THIS Twenty-Fifth . _ _ _ DAY OF February , 1992. PER ORDER OF THE AGAWAM TOWN COUNCIL nb6).R���J dC cc C.Lk_ ssie D . Fuller, President CC C)L) AP P TO FORM AND LEGALITY �C omas ocke, Solicitor C-1 4� Im MAYORAL ACTION Received this Twenty-Fifth day of ^February __ _, 1992 from Town Council Clerk. APPROVAL OF LEGISLATION By the powers vested in me pursuant to Article 3, Section 3- 6 of the Agawam Charter, as amended, I hereby approve the passage of the above .legislation on this Twenty-Sixth day of F y 1992 , Ch t pher Tohn n, Mayor DIS PROVAL OF LEGISLATION By the powers vested in me pursuant to Article 3, Section 3- 6 of the Agawam Charter, as amended, I hereby veto the passage of the above legislation on this day of 1992 for the following reason( s) : Christopher C. Johnson, Mayor ' RETURN OF LEGISLATION TO COUNCIL CLERK Returned to Council Clerk this Twenty-Sixth day of February , 1992. /m