HomeMy WebLinkAboutBy-law No. 2021-028THE CORPORATION OF
THE MUNICIPALITY OF BAYHAM
BY-LAW NO. 2021-028
BEING A BY-LAW TO ADOPT THE CAPITAL ESTIMATES
FOR THE YEAR 2021
WHEREAS Section 290 of the Municipal Act, S.O. 2001, as amended provides in part that a
local municipality shall in each year prepare and adopt estimates of all sums required during the
year for the purposes of the local municipality, and;
WHEREAS it is necessary and expedient to levy on the whole rateable property according to the
last revised assessment roll of the Municipality the sum of $1,000,000 for the capital program of
the lower -tier municipality for the current year,
NOW THEREFORE THE COUNCIL OF THE CORPORATION OF THE MUNICIPALITY OF
BAYHAM HEREBY ENACTS AS FOLLOWS:
1. THAT the capital estimates appended hereto as Schedule "A" are hereby adopted.
2. THAT the tax levy requirement of $1,000,000 be incorporated into the 2021 current
estimates for the purposes of determining the tax rates for 2021.
READ A FIRST, SECOND AND THIRD TIME AND FINALLY PASSED THIS 6th
DAY OF MAY 2021.
'MAYOR
Byd4w No. 2074.0211
Schoduk "A"
Muriletpdtlty bt BaWham - Capitol Bummary
Total Cost
Reserve
Fund
tIC%
Debt Financing Grants
Gthnr
T#x
Page
Reference
ExoendNurea
General Government
$135,000
so
$0
$0
$0
Sal
$0
So
$135,000
14
Fire
$160,000
$0
$0
$0
$160,000
25
Building
$4
$0
$0
$0
$0
Sit
so
36
Public Works
$1,460,000
$0
s0
$0
$755 000
$0
$50 000
$655,000
47
Water
SO
$0
$0
$0
$0
&D
58
Wastewater
$99 000
$99 000
$0
$0
$0
$0
$0
69
_
Parks & Rec.
$69,500
$0
$0
$0
$19,500
$0
$50 000
80
Facilities
0
SDI
$0
$0
$0
S0
_
$0
$0
91
Planning & Development
$0
$0
$0
$0
�S3
S0
$0
102
$1,923,500
,000
$0
$774 5001
"0,0001
51,000,0001