HomeMy WebLinkAboutBy-law No. 2023-037THE CORPORATION OF THE MUNICIPALITY OF BAYHAM
BY-LAW NO. 2023-037
BEING A BY-LAW TO ADOPT THE CAPITAL ESTIMATES
FOR THE YEAR 2023
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 $1,688,249 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. AND THAT the tax levy requirement of $1,688,249 be incorporated into the 2023
current estimates for the purposes of determining the tax rates for 2023.
READ A FIRST, SECOND AND THIRD TIME AND FINALLY PASSED THIS 18th DAY
OF MAY 2023.
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