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HomeMy WebLinkAboutTWP 84 024 Reserve fund library .e :1 . . I Ie ../ - - - I i ", '1 . , . . 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 , - X.i.lJ Reeve ~ÞuL~Á~;~ Cl k-Treasurer .~~ Resd s Third time and Finally Passed this 31st day of June 1984 X14'1 Reeve ~dl ¡J¿~~~LJ Cl -Treasurer r.. _._~-- ---