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HomeMy WebLinkAbout08 058 Amend Building Permit Fees Reserve Fund . . . . THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE BY-LAW NO. 2008 - 058 BEING A BY-LAW TO AMEND BY-LAW NO. 2008-28 "BEING A BY-LAW TO ESTABLISH A RESERVE FUND" (Building Permit Fees) AND WHEREAS pursuant to the Municipal Act, 2001, S.O. 2001, c. 25, Section 8 (1) and 9 provide that the powers of a municipality under this or any other Act shall be interpreted broadly so as to confer broad authority on the municipality to enable the municipality to govern its affairs as it considers appropriate and to enhance the municipality's ability to respond to municipal issues and has the capacity, rights, powers and privileges of a natural person for the purpose of exercising its authority under this or any other Act; AND WHEREAS the said Municipal Act, Section 417 provides that a municipality may in each year provide in its budget for the establishment or maintenance, a reserve fund for any purpose for which it has authority to spend money; AND WHEREAS the Building Code Act, 1992, S.O. 1992, c.23, Section 7(2) states that the total amount of fees collected must not exceed the anticipated reasonable costs of the principle authority to administer and enforce this Act in its area of jurisdiction; AND WHEREAS with the passage of By-law No. 2008-28, the Municipality of Kincardine established a Building Permit Fees Reserve Fund from Building Department permit fees received in excess of the cost of providing the service. AND WHEREAS the Council of The Corporation of the Municipality of Kincardine deems it appropriate to modified the establishment of the reserve fund; NOW THEREFORE the Council of The Corporation of the Municipality of Kincardine ENACTS as follows: 1. That the "Building Permit Fees Reserve Fund" be established, as of December 31, 2007. This reserve fund shall have $500,000.00 deposited into it from Building Department permit fees received in excess of costs of providing services. 2. That By-law No. 2008-028 is hereby repealed. 3. This by-law shall come into full force and effect upon its final passage. 4. This by-law may be cited as the "Amend Building Permit Fees Reserve Fund By-law". .../2 . . . . Page 2 Amend Building Permit Fees Reserve Fund By-law By-law No. 2008 - 058 REA a FIRS , ECOND time this 16th day of April, 2008 ~ ~ ~~dJ(l Clerk yor READ a THIRD time and FINALLY PASSED this 16th day of April, 2008. {j;(3J~ ~~ or ~~~,Qj1 Clerk