2020-008 To Adopt a Reserve Policy and to Repeal By-Law 4107THE CORPORATION OF THE TOWN OF TILLSONBURG
BY-LAW 2020-008
A BY-LAW To Adopt a Reserve Policy and to Repeal By-Law 4107.
WHEREAS Section 270(1) of the Municipal Act, 2001 states that a municipality shall
adopt and maintain policies with respect to the manner in which the municipality will try
to ensure that it is accountable to the public for its actions, and the manner in which the
municipality will try to ensure that its actions are transparent to the public.
BE IT THEREFORE ENACTED by the Council of the Corporation of the Town of
Tillsonburg as follows:
1. THAT the Reserve Policy attached hereto as "Schedule A" is hereby adopted
and forms part of this by-law;
2. THAT By-Law 4107 passed May 8, 2017, is hereby repealed in its entirety;
3. THAT this By-Law shall come into full force and effect upon passing.
READ A FIRST NO SECOND TIME THIS 13th day of JANUARY, 2020.
D AND FINAL TIME AND PASSED THIS 13th day of JANUARY, 2020.
TOWN CLERK-Donna Wilson