HomeMy WebLinkAbout01 118 new bank acct tax asses
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THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE
NO. 2001 -118
A BY-LAW TO AUTHORIZE THE ESTABLISMENT OF A BANK ACCOUNT
WHEREAS in accordance with subsection 80(1) of the Municipal Act, R.S.O.
1990, chapter M. 45, the municipality deems it prudent to establish a bank
account in which to deposit funds received for the credit of the Tax Assessment
Appeal Reserve Fund,
NOW THEREFORE the Council for The Corporation of the Municipality of
Kincardine ENACTS as follows:
1. A bank account is to be established with the Canadian Imperial Bank of
Commerce into which funds received for the credit of the Tax Assessment
Appeal Reserve Fund are to be deposited.
2. One of the Treasurer or the CAO. is hereby authorized to make inter
account transfers between this account and all other existing municipal
bank accounts.
3. This by-law shall come into full force and effect at the time of its passing.
4. This by-law may be cited as the "2001 Establish a Tax Assessment
Appeal Bank Account By-law".
READ a FIRST, SECOND and THIRD time and DEEMED TO BE PASSED this
10th day of October, 2001.
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Clerk
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