TOWN OF VIEW ROYAL BYLAW NO. 1022, 2019: A BYLAW TO ESTABLISH A RESERVE FOR CASH IN LIEU OF PARKING
Draft bylaw to create the financial reserve fund for parking-related cash payments.
TOWN OF VIEW ROYAL BYLAW NO. 1022, 2019
A BYLAW TO ESTABLISH A RESERVE FOR CASH IN LIEU OF PARKING
The Council of the Town of View Royal, in open meeting assembled, enacts as follows:
This Bylaw is cited as the “Cash in Lieu of Parking Reserve Bylaw No. 1022, 2019”.
A Cash in Lieu of Parking Reserve is established for the specified purpose of depositing and using funds for the following purpose:
a. Providing off-street parking spaces b. Transportation infrastructure that supports walking, bicycling, public transit or other alternative forms of transportation
Money in the Cash in Lieu of Parking Reserve, and interest earned on it, must be used only for the purpose of funding off-street parking spaces or transportation infrastructure that supports walking, bicycling, public transit or other alternative forms of transportation.
READ A FIRST TIME THIS th DAY OF , 2019
READ A SECOND TIME THIS th DAY OF , 2019
READ A THIRD TIME THIS th DAY OF , 2019
ADOPTED BY COUNCIL, SIGNED BY THE MAYOR AND THE CLERK AND SEALED WITH THE SEAL OF THE TOWN OF VIEW ROYAL THIS th DAY OF , 2019
