HomeMy WebLinkAboutTIV 92 010 surplus unapplied
CORPORATION OF THE VILLAGE OF TIVERTON
By-Law Number 1992-10
BEING A BY-LAW TO PROVIDE FOR AMY SURPLUS OR DEFICIT MONEYS
FROM ESTIMATBS BB APPLIBD TO OR FROM UNAPPLIBD CAPITAL.
.
WHEREAS: Chapter 302, Section 165, subsection 4 of the
Municipal Act, R.S.O. 1990, 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 Unapplied Capital.
By-law introduced and read a First and Second this 8th day of
December 1992.
By-law read a Third Time and finally passed, signed, sealed
and numbered 1992-10 this 8th day of December, 1992
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