94-41
COUNTY OF ELGIN
By-Law No. 94-41
"BEING A BY-LAW TO ESTABLISH A RESERVE FUND FOR
INFRASTRUCTURE WORKS"
WHEREAS the County of Elgin has received approval from
the Canada/Ontario Infrastructure Works Program to proceed with
certain bridge projects within the County of Elgin; and
WHEREAS funds will be made available to the County of
Elgin to pay for these works under the said Program; and
WHEREAS the bridge projects will not be completed within
the 1994 fiscal year and it is deemed advisable to set up a
Reserve Fund for the unused portion of the funds available from
the said Program.
NOW THEREFORE the Municipal Council of the Corporation of
the County of Elgin enacts as follows:
1. That an account entitled "Reserve for Infrastructure-
Roads" be established for the County Roads Department, into which
the unused portion of the Canada/Ontario Infrastructure Works
Program apportioned for bridge projects will be credited, to be
used for completion of the Infrastructure Projects in 1995.
2. That this By-Law shall become effective upon passing.
READ a first and second time this 27th day of September, 1994.
READ a third time and finally passed this 27th day of September, 1994
:2) / ~ ~
D. Vane Chute,
Warden.