HomeMy WebLinkAbout94-154
THE CORPORATION OF THE TOWN OF NEWCASTLE
BY-LAW NOHBER 94- 154
Being a by-law to establish a Reserve
for the Waterfront Trail
WHEREAS the Council of the Corporation of the Municipality of
Clarington considers it desirable to establish a Reserve for the
Waterfront Trail.
AND WHEREAS Chapter M.45, Section 162(2) of the Municipal Act
R.S.O. 1990, provides that, "In preparing the estimates the Council
shall make due allowance for a surplus of any previous year that
will be available during the current year and shall provide for any
operating deficit of any previous year and for the cost of
collection, abatement of and discount on taxes and for
uncollectible taxes and may provide for taxes that it is estimated
will not be collected during the year and for such reserves as the
Council considers necessary."
NOW THEREFORE, Be It Enacted and It Is Enacted as a By-law of the
Corporation of the Municipality of Clarington as follows:
1. That the Treasurer be authorized to establish a reserve
entitled "Waterfront Trail",
2. That this reserve be used for the purpose of constructing
the Waterfront Trail between Bowmanville and Bondhead and
a Waterfront Trail between Darlington Provincial Park and
Bowmanville, and
3. That the Council may by By-Law direct the use of any
surplus funds for any other purpose for which it has the
authority to spend monies.
By-Law read a first and second time this 26th day of Sept.
1994.
By-Law read a third time and finally passed this 26 day of Sep1:1-994.
Clerk