(a) Authority.--The council may control and maintain a soldier's memorial which is:
(1) situated in the borough;
(2) not controlled and maintained by an individual or entity; and
(3) not placed by the Federal Government, the Commonwealth, the county or another state.
(b) Funding.--The council may receive and expend any money to be used for the maintenance of the memorials.
(c) Contributions.--The council may contribute to the erection and maintenance of a memorial in honor of those who served in a war in which the United States was engaged.