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By-law No. 2002-097 CORPORATION OF THE MUNICIPALITY OF BAYHAM BY-LAW NO. 2002-97 A BY-LAW TO AUTHORIZE THE EXECUTION OF AN AGREEMENT BETWEEN THE MUNICIPALITY OF BAYHAM AND CALDWELL SECURITIES LTD. TO ESTABLISH AN INVESTMENT ACCOUNT FOR THE SEWER RESERVE WHEREAS the Council of the Corporation of the Municipality of Bayham is desirous of entering into an agreement with Caldwell Securities Ltd. to establish an investment account for the sewer reserve for the Municipality of Bayham; NOW THEREFORE THE COUNCIL OF THE CORPORATION OF THE MUNICIPALITY OF BAYHAM ENACTS AS FOLLOWS: 1. THAT the Council of the Municipality of Bayham authorizes an agreement with Caldwell Securities Ltd. to establish an investment account for the sewer reserve; 2. THAT the Mayor, Treasurer and the Administrator are hereby authorized to execute the Agreement attached hereto as Schedule"A"and forming part of this by-law; 3. AND THAT the Mayor, Treasurer and the Administrator are hereby authorized and empowered for and on behalf of the Municipality to buy, sell, order and transfer securities in accordance with the Municipal Act and any regulations pertaining thereto and to execute and sign all necessary and requisite acts of sale, purchase, assignment and transfer on behalf of the Municipality; 4. THAT this by-law shall come into full force and effect upon final passing. READ A FIRST, SECOND AND THIRD TIME AND FINALLY PASSED THIS 19TH DAY OF DECEMBER 2002. MAYIg CLERK