Terms Used In Vermont Statutes Title 31 Sec. 202

  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.

§ 202. Authority to establish and finance recreation system

Municipalities, singly or jointly, may establish, maintain, and conduct a system of public recreation, including playgrounds; may set apart for such use any land or buildings owned or leased by it; may acquire land, buildings, and other recreational facilities by gift or purchase, and may issue bonds therefor as provided in 24 V.S.A. §§ 1751-1788 and equip and conduct the same; may employ a director of recreation and assistant; and may expend funds for the aforesaid purposes.