HomeMy WebLinkAboutKIN 87 027 Est Athltic Field Fd
THE CORPORATION OF THE TOWN OF KINCARDINE
BY-LAW NO. 1987-~7
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BEING A BY-LAW TO ESTABLISH AN ATHLETIC FIELD
DEVELOPMENT RESERVE FUND
WHEREAS Section 165(1) of the Municipal
302, provides that a municipality may
reserve fund for any purpowse far which
funds;
Act, R.S.O. 1980, Chapter
establish and maintain a
it has authority to spend
NOW THEREFORE the Council of The Corporation af the Town of
Kincardine ENACTS as follows:
1.
That a
called
Fund.
reserve fund be hereby established and
the Athletic Field Development Reserve
2. The money in the Athletic Field Development
Reserve Fund is hereby designated for future
improvements and construction of playing fields
and related facilities in the Town of Kincardine.
3. This By-law shall come into force and effect on
the date of its final passing.
4. The short title of this by-law shall be the
Athletic Field Reserve Fund By-law.
READ a FIRST and SECOND time this 7th day of May, 1987.
Ma or
READ a THIRD time and FINALLY PASSED this 21st day of· ~ay
1987. .~ _~ .------
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