§ 17.47.030. Expenditure of funds.

Any moneys in the fund may be expended only by a majority vote of the entire membership of the city council and shall be appropriated for any of the following purposes; infrastructure and public facilities directly impacted by the project which are included in the city of Revere's capital improvement plan encompassing roadway and sidewalk reconstruction; signalization improvements, sewer, water and drainage improvements; recreation and open space areas and the support of athletic programs; fire protection facilities and equipment; crime prevention facilities and equipment; school buildings and educational programs; and library improvements. Community trust funds may also be appropriated to support affordable housing initiatives and economic development activities in accordance with the city of Revere's economic development plan. No moneys in this fund shall be used for any purposes not included or directly related to the purposes listed above. Further, moneys contributed by a certain applicant for a special permit for an increase in intensity of use shall be spent on city services related to mitigating the impacts of said development. In no instance shall the funds be used to offset the construction costs of traditional and mandatory project improvements which are necessary to secure a building permit including but not limited to sewer, water, drainage and transportation improvements as may be required under the Massachusetts Environmental Protection Act.

(C.O.91-23 § 8 (part))