HomeMy WebLinkAbout00 149 Transfer - Sale of Land
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TIlE CORPORATION OF TIlE MUNICIPALITY OF KINCARDINE
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BY-LAW
NO. 2000 -149
A BYLAW TO TRANSFER PROCEEDS FROM
THE SALE OF LAND IN THE KINCARDINE INDUSTRIAL PARK
WHEREAS Section 163 of the Municipal Act R.S.O. 1990, Chapter 45, provides
that a municipality may maintain a reserve fund for any purpose for which it has
authority to spend funds;
NOW THEREFORE the Council for The Corporation of the Municipality of
Kincardine ENACTS as follows:
1. The net proceeds from the sale of land in the Kincardine Industrial Park be
transferred from the Capital Fund to the W1 Industrial Development
Reserve Fund.
2. The net costs from the development of the Kincardine Industrial Park be
funded from the W1 Industrial Development Reserve Fund.
3. This by-law shall come into full force and effect upon its final passing.
4.
This by-law may be cited as the "Kincardine Industrial Park Transfer
By-Law".
READ a FIRST, SECOND, and THIRD time and DEEMED TO BE PASSED
this 23rd day of November, 2000.
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Mayor
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