an ordinance establishing an open space acquisition fund, to be named after Katchen Coley.
Katchen Coley was an indefatigable advocate for the environment at the municipal and state level, she lived René Dubos' axiom, "Think globally, act locally."
The Katchen Coley Open Space and Land Acquisition Fund would be "for the purpose of protecting and preserving the City of Middletown’s natural resources and rural character." Money for the fund could come from private or corporate donations, grants, or fees. The Common Council could make an appropriation each year, not to exceed the amount which would be generated by the imposition of a tax of two mills against the property subject to tax. The creation of the fund does not include an appropriation.
All interest and other income generated by the fund would remain in the fund. The fund could be used only for the purpose of protecting open space, no money could be transferred to other city accounts.