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HomeMy WebLinkAbout00 152 Amend No 00-133 Westario TIlE CORPORATION OF TIlE MUNICIPALITY OF KINCARDINE e BY-LAW NO. 2000-152 BEING A BYLAW TO AMEND BY-LAW NO. 2000-133 AS AMENDED, A BY-LAW TRANSFERRING EMPLOYEES, ASSETS, LIABILITIES, RIGHTS AND OBLIGATIONS OF THE KINCARDINE HYRO ELECTRIC COMMISSION TO PROVIDE FOR THE ALLOCATION OF EXCLUDED CASH e WHEREAS By-law 2000-133 was passed by the Municipality of Kincardine on the 25th day of October; AND WHEREAS By-law 2000-133, was amended by By-law No. 2000-137 on the 30th day of October; AND WHEREAS Council deems it appropriate to amend By-law 2000-133, as amended, Schedule "F" Part 3 (I) EXCLUDED CASH; NOW THEREFORE be it resolved that the Council for The Corporation of the Municipality of Kincardine amends By-law 2000-133, as amended, Schedule "F" Part 3 (I) EXCLUDED CASH ENACTS as follows: 1. PART 3 EXCLUDED CASH (i) Excluded cash referred to in Part 1 (i) of By-law 2000-133 in the amount of three hundred and sixty thousand dollars ($360,000.00) be allocated as follows: Transfer to Kincardine Capital Expenditure Reserve Fund: e Transfer to: 1448323 Ontario Limited - HOLCO 1448324 Ontario Limited - ACORP 1448361 Ontario Limited - BCORP $357,900.00 TOTAL $ 100.00 $ 1,000.00 $ 1,000.00 $360,000.00 2. This by-law shall come into full force and effect upon its final passing. 3. This by-law may be cited as the "Westario Transfer (Excluded Cash) Amendment By-Law'. READ a FIRST, SECOND, and THIRD time and DEEMED TO BE PASSED this 23rd day of November, 2000. e ~--- Mayor -