Bylaw
Bylaw No. 961 - Park Improvement Reserve Fund Bylaw, 2017
January 17, 2017Page 1381 section
Bylaw establishing a reserve fund for park-related expenditures and playground maintenance.
Effective January 1, 2017
TOWN OF VIEW ROYAL BYLAW NO. 961, 2017
A BYLAW OF THE TOWN OF VIEW ROYAL RELATING TO A RESERVE FUND FOR PURPOSE OF EXPENDITURES ASSOCIATED WITH PARK IMPROVEMENTS
The Council of the Town of View Royal, in open meeting assembled, enacts as follows:
- This Bylaw is cited as the Park Improvement Reserve Fund Bylaw, 2017.
- A Park Improvement Reserve Fund is established for the specified purpose of depositing and using funds to provide for expenditures associated with park improvements, including playground and equipment required to maintain parks that are not part of the Town’s fleet.
- Money in the Park Improvement Reserve Fund, and interest earned on it, must be used only for the purpose of expenditures associated with park improvements.
- This bylaw shall come into force and effect January 1, 2017.
READ A FIRST TIME THIS
READ A SECOND TIME THIS
READ A THIRD TIME THIS
ADOPTED BY COUNCIL, SIGNED BY THE MAYOR AND THE CLERK AND SEALED WITH THE SEAL OF THE TOWN OF VIEW ROYAL
Page 138
Extracted from: 2017 01 17 Council Agenda - Agenda - Pdf
