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By-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