1422
..-.-.
-:.~~
..__._-----..~.-
"
-
the approval of the
l)o]ì[cœtm.ent qf
Munioipal
AffaiJ~s .
not
be expended.
pledged or applied for any
purpose
without
4,
THAT the
-
monoy raised for the said
Heaerve Fund
shall
Mlmicipal
.1\
f:t'àlrs.
a¡Üd aooount' only' wLI;h
the
approval of tho
Departinent of
1944.
and shall be disbursed
,
inveshd. or
wi thdrawn
:from
the
Üos
19nated
'Post
War
Heservo
Fund
,
on or before Deoember: 20th,
seotion
2
shall be dej}orJ
Hall in
a
speoial bar~ åccount
3.
'rHAT the said
-
total
sum
of
$50,000.
as
provide(lf'or
In
hex'ete
.
estimates
for
the
purposes described
in
Schedule
fA
f
attached
20
',THAT the total Surll of
-
~~130
.
000
.
be
rJ1'ovided
in the 1944
improvements
in þ\1bÜO
\VarIes.
use
aft Ol"
the wal'
in
pl'oviding
and
necessary replacements
of or
1.
THAT ,a
-
reserve fund be
established
maintained for
01
jUgin enaots,"
THillHEE'OHE theCQunc 11 of
the Corpora1;
ion of the County
f1ltthorized
the
pa
Bsing of this by~law;
AND
WHERJilAS the Department of
Municipal
Affaire has
neoessary
¡,'eplao6ments
of or
improvem.ents
in public
works
,
,
åuôe of
Ii
reserve
:fund for use after the
war
in providing
to,provj.ò,e
in
the estimates for
the
establishment Or
mainten..
ancl
with
theap:vroval of
the
Depart.ment of
Municipal
Affairs
~llEREAS seotion 316 (a)
:Þ'::'
thè öonnen·'. ineåch year for
the
of The Munic1pal Act ~uthorizes
duration of,the present
war
of a Reserve Funð.
A:By-law tor
the
By-law
Establishmønt and
Nb.
1422
!i1aintenance
rl':t'~W,"!<'!IT'!¥""''1>f1IM!i~~1'i'"'~411('i~o/)
1'116 COX'lwration of'
the County of
Elgin
!
- 2 -
5. THAT the al!(U tor of the l11unic;Lpali ty shall certify
- "
to the :Department of Ml!nicipül Affairs, not later than
March 1st in each yeal' iu such form as the Department may
prescribe, the position amI t¡'ansactions of trie said.
Reserve Fund.
Ô. THAT a copy of this by~law be filed with the De;pa:r.·tment
at Municipal Affairs and the Bank in which said monies
mentioned in section 3 are held.
7. 'TfIAT this by-law shall come intofroce and take effect
upon the date upon which it is approveã. by the Depa:r.·tment of
Municipal Affairs.
Read a first time and passed in open council
this 21st day of January 1944.
Read a seoorul time and passed in open Oouncil
this 21st day of January ,1944.
Ret.\Q a thió1:d time and pe,ssed in open Council
this 21st d(iy of¡ranuury 1944.
( ~/.~..
.
¡í Warden
..¡.~.
Approved by
])epartment o;f' Munioipal Affairs
on the '1? day 1944.
A By~law for the Establishraent and
Maintenanoe of a HeseI've I~und
Schedule "An
Ueserve Fund
PurpOse Amount
Highway aild Bridge Oonstruction $50.000.00
--_.~-
--
------
~
.~_.,-
,-
TH~:; CORPORA'rION OF THE . qqtFrl¡y. OF )JìJ, ¡¡;~If
By-law No. 1422
A By-law for the establishment aIla maintenance of a
- _,__-.o___'__'"~Ø"'_"'·"'_'."·"_'''__~___'"__~__
Be}3 8 £..!.~_~:Wun dd
?HEREAS section 316(1'1) of The Municipal Act authorizes
the council in each year for the duratior¡ of' the present war
and with the approval of the Department of Euni c ipal Affa'irs
to provide in the estinatos for the establishment or mainten-
ance of' a reserve fund for use after the war in providing
necessary replacements of or improvements in public works;
AN~VvHF.RJ~~B the Department of Municipal Affairs has
authorized the "Dassina of this by-law;
.. t...,
THER·E.FO.:"lJ:~ the Council of the Corporation of
the . . . . . . Qqtp¡:1¡x . . . . . . . . of , " ~~¡~~IJ... .. .. " .. Q .. " .. . .. . .. " enacts,-
1. ·TH~.1. a reserve fund be established and maintained for,
,use after the war in providing nec~ssary replacements of or
improvements in public worlcs.
2. ~ the total sum of '" 50 000. be provided in
i¡þ... .'...." .'........."
the 194 estimates for the purposes described in Schedule "An
attached hereto.
3. .'lliA1: the said total sum f ~ 50,000. as provided f,or
o . , " .. , " , .. " " ..
in section 2 shall be deposited in a special bank account de-
signated ·Post War Reserve Fund" on or be~ore December 20th,
194 , and shall be disbursed, invested or withdrawn from the
said account only with the approval of the Department of
Municipal Affairs.
4. THAT the money raised for the said Reserve Fund shall
1: ('I t be expended, pledged or applied for any purpose without
the approval of the Department of Municipal Affairs.
2
5 THAT the auditor of the municipality shall certify
~-
to the Department of Municipal Affairs, not later than
March 1st in each year in such form as the Department may
prescribe, the position and transactions of the said Re-
serve Fund.
6. THAT a copy of this by-law be filed with,the
Department of Municipal Affairs and the Bank in which
said monies mentioned in section 3 are held.
7. !£ß! this by-law shall come into force and take
effect upon the date upon which it is approved by the
Department of Municipal Affairs.
Read a first time and passed in open Council
this...~~~~......day of ?~~~~~Y........1944.
Read a second time and passed in open Council
th' 21st d f ..{~~~~fY......1944.
1S.............. ay 0
Read a third time and passed in open Council
th' 21st d f . . ~~~':~~¥.. . .. .... ;1944..
lS............. ay 0
.
( SJ~AL ) -/-4
Approved by
Department of Municipal Affairs
on the... ..day of..... .. .. .. .. .. .. .. . .. 194 .
A By....I..AVV- FOB. Tl~E ESTABJJIS:ì~Ml~NT AND
NL~..Il.\fr.L1ENi'!.lTCE 0]' A R:E~Sh£tV1~ -FUND
SOHEDULE i1A1?
._-,---~--'- -
RESE:8.VE }rUND
purpose
__M______--.·~_,·__~·_·____
Highway and Bridge Const~uction
,
i
I
i
,
I
I
\
\
i
I
I
I
Amount
$ 50,000.00
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