HomeMy WebLinkAboutKIN 70 2119 Reserve Fund
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THB CORPORATION OF THE TOWN OF K NCARDIU
BY...LØ NO. 2119
A By...law ot the Corporation ot the Town ot cardine to
esta.lish a resU'Ye f'uad as authorised e Municipal Act, R.S..O.
1960 Chapter 249, Section 299.
1fIIDu!I the Couno1l ot the Town ot Kincard e intend., in
consideration ot 1;he expense incurred or to be incurred. by
the Corpora1;ion as a result of proposed au ivisions ot
land, such coa1;ri1mUon shall be used. only 0..81; expeaditures
tor wrk done 1dthin tohe subdivision or tor the beaetit or
use ot the occupiers or 8ubse!IUent occupier ot the land
within the.Wivision or 1;0 lIIeet expend.11öur s incurred.
wholly or in part by reason of the subdiv1s on ot such
land and, where a oontoributoion is _de tor apecitic
p\ll'pOse, i1; may be used. only 1;0 lII.e1; expead 1;ures tor .ueh
purpose.
AND 1ÐŒREIS sueh coatöributoions shall be pai in1;o a
special bank accoun1;.
AND 1fB'RRR.I!I notow:l:tutand.ing Section 1 ot t s By...law, if
any of 1;he contribu1;ions reterred. 1;0 in Se ion 1 are not
required ør likely to be required for the sea ..ntoioned
in Section 1, th.,. _y, ..th 1;he appreval of the Depart.ent ot
.. Mlmio1pal Aftaira, be expended. for so.e oth r purpose.
· iiOW' THBREFORB THE COUNCIL OF THE CORPORATIO ENACTS.AS FOLWWS:
Such contriDdi.. .ball be paid as agreed b to_ea tohe
subdiv1der and. the Corporation in accord.anc sched.ule
or rees set forth in Schedule itA It ot this such
pa~eJÌt shall be llade 011 or prior to e ot a building
pIiIl'ai1;.
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RJWI a FIRST aù SIICOn 10:1118 this fifth
day ot
February
1970.
RJWI a THIRD tae and tinally passed this f fth
day
of February
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SCHBDVLB ItAn ...BY-UW 2119
Reserve fund coRtz,ibution fees on newly e blished
un.erviced. loW:,
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1.Sing1e fuily f1welling unita.. ----
2. Selli.....taeh.d. aDd Jiow HOU8iq dwelling
Per unit $1000.00
i1;s -Per unit $1000.00
-- Per unit $ 750.00
Per unit $ 650.00
nWi vided on
3. ·Du..plexea ....- "'," ...... --------- r__" ....
'4.. -Apart..D'tS ----~-----------------
Rese}:'ve fund coRtor1wt'ion fee. on lots to
a atreet .erviced. by water only.
1. Single fallily cl,welling uni1;s -----
2. SeIIi.....tacheå and Jiow Housing dwelling
3. Duplex.. ----~~ -.-.-------------- -~~-
its --Per unit $gOO.OO
-- Per unit $625.00
$500.00
4. ApartJDen'ts _______________ P'lV
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Reserve fund. col1tribution fee. on ~ts to b nbdivided. on
a street .ervi.ei by water and aewer.
1. $1ngle family d.welling units ------- --Per unit $575.00
2. Sellli-detacbed and Row Housing dwelling itos...Per unit $575.00
3. Duplexes ---~ .. ...~---------- -..Per unit $500.00
~. Apartlllan1;s ___"~~".w__________ ,- r unit $~50.00
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