HomeMy WebLinkAboutKIN 91 037 Repealed by No.91 45
THE CORPORATION OF THE TOWN OF KINCARDINE
.
!.'.ID JôËÐ/REPEALED BY
8YU1WNO.~
DATED
BY-LAW
BY-LAW NO. 1991-37
A BY-LAW TO ADTIIORIZE THE PURCHASE OF A PARKS TRACTOR WITH
PARTIAL FUNDING TO BE BORROWED FROM THE PARKLAND TRUST RESERVE
FUND.
WHEREAS the
Kincardine deems
Parks Department;
Council for The corporation of the Town of
it expedient to purchase a tractor for the
NOW THEREFORE the Council for The corporation of the Town
of Kincardine ENACTS as follows:
1. That the manager of public works is hereby authorized
and directed to purchase from Bruce Tractor and Lawn Care
Limited one John Deere F915 Front Mount and one John
Deere 60" mower, at a cost of $11,247.50.
2. This purchase shall be financed by $3,425.98 from the
parks operating budget and G.S.T. recovered, and the
balance of $7,821.52 to be borrowed from the Parkland
Trust Reserve Fund for one year, with interest payable
upon repayment at a rate of 10% (ten per cent) per annum.
Such repayment to be included in the Town's 1992 capital
budget.
3.
This by-law
effect until
is obtained.
shall not come into full force and take
the approval of the ontario Municipal Board
4. This by-law may be cited as the "Parks Tractor Purchase,
By-law".
READ a FIRST and SECOND time this 4th day of April, 1991.
¡J/U~ tl (Jh~
ayor
READ a THIRD time and FINALLY PASSED this 18th day of April,
1991.
.
dÆ/J/d,J)~
Mayor