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HomeMy WebLinkAboutTIV 91 043A surplus working cap ·' . Corporation of the Village of Tiverton By-Law Number 1991-43 A Being a by-law to provide for any surplus or deficit moneys from estimates be applied to or from Working Capital Reserve. WHEREAS: Chapter 302, Section 165, Subsection 4 of the Municipal Act, R.S.O. 1980, permits Councils of Municipalities to pass by-laws to provide the moneys raised for a reserve established under Section 1 may be expended, pledged or applied to a purpose other than that for which the fund was established. NOW THEREFORE the Council of the Corporation of the Village of Tiverton enacts as follows: 1. That any surplus or deficit arising be transferred from or to a reserve from Working Capital. By-law introduced and read a First Time this 10th day of December 1991. By-law read a Second, Time this 10th day of December 1991. By-law read a Third Time and finally passed, signed, sealed and numbered 1991-43 this 10th day of December 1991. J'J /J" I -:.--I _- ~ --;: Reeve " " - ~~~jJ~ ~lerk -