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HomeMy WebLinkAboutTIV 84 007 Ont home renewal pro . II I THE OORPORATION OF THE VILLAGE OF TlVER'reN By-law Number 84- 7 Being a by-law to establish a trust fund for purposes of the Ontario Home Renewal Program. WHEREA.S Ontario Regulation 227/84, amending Ontario Regulation 506/00 under the Housing Developnent Act, requires the establishment of a trust fund for the accounting and administration of funds received by the municipality under the Ontario Home Renewal Program. 2) 3) 4) OOW THEREFORE the Council of the Corporation of the Village of Ti verton enacts as follows: 1) That all deposit accounts, records and documents associated with funds advanced to the municipality under the Ontario Home Renewal Program be amended to reflect the accounting and administration of such advances as trust funds, effective December 31, 1984. that the Head of Council and the Clerk be and hereby authorized to execute an;,yand all documents required for the establishment of the Ontario Home Renewal Program Trust Fund. that the by-law to establish the Ontario Home Renewal Program reserve fund be and/heteby repealed. is that this by-law, subject to the effective dates contained herein, shall come into force and shall be effective upon third and final reading thereof. :1 il READ A FIRST, SECOND time this flú" day of ¡ß~1984. Ii READ A THIRD TIME AND FINALLY PASSED THIS lit! DAY OF /J~ i984. :1 !I II . ~" - ~~ ~ " ,,- --