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HomeMy WebLinkAboutTWP 84 024 Reserve fund library
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H£ CORPORATIDN DF TI£ TWNSHIP DF KINCARDII£
BY-LAW #84-24
A By~aw to establish a Reserve Fund
WHEREAS Section 165(1) of the Municipal Act, R.S.D. 1980, Chspter 302,
provides that a municipality may establish and maintain a reserve
fund for any purpose for which it has authority to spend funds;
NtlIJ TI£REFDRE the Ccuncll of the Corporation of the Township of Kincardine
ENACTS as follows:
1. The following reserve fund ia hereby establiahed
(a) The Library Reserve Fund
2. If Ccuncll ahculd dHRI it adviBlltlle, moneys raised for a Reserve
Fund established by Section 1 may be expended, pledged or applied
to . purpose other than that for which the fund was estsblished.
3. This By~BW shall come into force and take effect on the date of
its final passing.
Read a Fint and Second time this 21st day of June 1984
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X.i.lJ
Reeve
~ÞuL~Á~;~
Cl k-Treasurer
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Resd s Third time and Finally Passed this 31st day of June 1984
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Reeve
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Cl -Treasurer r..
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