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THE CORPORATION OF THE TOWN OF NEWCASTLE
BY-LAW NUHBER92-185
being a by-law to amend the Bowmanville Central
Business Districts 1992 Budget within the Town of Newcastle
AND WHEREAS Chapter M.45, Section 220(10) of the Municipal Act R.S.O.
1990, provides that, "A board of management shall submit to the
Council its estimates for the current year at the time and in the form
prescribed by Council and may make requisitions upon the Council for
all money required to carry out its powers and duties, but nothing
herein divests the Council of its authority with reference to
rejecting such estimates in whole or in part or providing the money
for the purposes of the board of management and when money is so
provided by the Council the Treasurer shall, upon the certificate of
the board of management, payout such money to the board of
management."
AND WHEREAS Chapter M.45, Section 220(11) of the Municipal Act R.S.O.
1990, provides that, "The board of management shall not spend money
not included in the estimates approved by the Councilor in a reserve
fund established under section 163."
AND WHEREAS, the Council of the Corporation of the Town of Newcastle
considers it to be expedient to amend the BOWIDanville Central Business
District's 1992 Budget.
NOW THEREFORE, Council of The Corporation of the Town of Newcastle
enacts as follows:
1. That By-law 92- 185,
a) amend the 1992 Budget which now stands as follows:
TOTAL
$13,500
$39,000
$16,500
$ 6,000
$20,000
$95,000
Administration
Promotion
Parking
Landscaping
Capital Works
so that as amended will read:
Administration
Promotion
Parking
Landscaping
Capital Works
Member's Special 1992
Reimbursement
TOTAL
$13,500
$31,000 *
$16,500
$ 6,000
$15,000 *
$13,000 *
$95,000
By-law read a first time this 27th day of July
By-law read a second time this 27th day of July
, 1992.
, 1992.
By-law read a third time and finally passed this 27th day of July 1992.
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