HomeMy WebLinkAboutBy-law No. 2020-044THE CORPORATION OF
THE MUNICIPALITY OF BAYHAM
BY-LAW NO. 2020-044
BEING A BY-LAW TO ADOPT THE CAPITAL ESTIMATES
FOR THE YEAR 2020
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 $895,000 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 $895,000 be incorporated into the 2020 current
estimates for the purposes of determining the tax rates for 2020.
READ A FIRST, SECOND AND THIRD TIME AND FINALLY PASSED THIS 16tn
DAY OF APRIL 2020.
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