NOTICE is hereby given that the Town of Rumford is accepting applications for Poland Spring Community Benefits Fund Committee Members.
The mission of the Fund is to accept and invest donations from Nestle Waters made pursuant to the Community Benefits Agreement and use the interest from such investments to fund community projects that benefit Rumford, such as but not limited to source water protection, health and welfare, and recreation.
The Committee shall consist of five (5) voting members appointed by the Board of Selectmen for a term of three (3) years, each of whom shall be a resident of Rumford. For the initial Committee, the Selectmen shall designate two (2) members whose terms shall end after one (1) year, two (2) members whose terms shall end after two (2) years, and one member whose term shall end after three (3) years. After these initial terms, all Committee members shall serve three (3) year terms upon appointment. Members shall consult periodically with both the Finance Director and Town Treasurer regarding the management of the Fund. Members shall meet quarterly or as called by the Chairperson. Regular meetings shall also be held as provided the Ordinances of the Town.
No voting member of the Committee shall maintain employment with the Town of Rumford during his or her term.
The Committee shall manage the Fund only in a manner consistent with prudent investing principles. The Committee shall have such powers and duties as may be granted and imposed by the provisions of the adopted by-laws and the ordinances of the Town. The Committee shall take actions by a majority vote, in awarding grants from the Fund.
Candidate Applications may be obtained in the Town Manager’s Office
145 Congress St.
*Applications CLOSE, Friday, November 29, 2019 at 4:00 p.m.*
Interim Town Manager