HomeMy WebLinkAboutTIV 84 007 Ont home renewal pro
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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.
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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be and/heteby repealed.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.
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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.
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