|THE REGIONAL MUNICIPALITY OF PEEL|
|BY-LAW NUMBER 86-2003|
A by-law to amend By-law 62-2001 titled the "Purchasing By-law".
WHEREAS By-law 62-2001 (the "By-law") was enacted on 6th December, 2001 by the Council of the Regional Corporation to govern the purchase and disposal of goods and services;
AND WHEREAS the Council of the Regional Corporation has on October 30, 2003 approved a policy to govern Front End Financing Agreements and Developer Reimbursements;
NOW THEREFORE, the Council of the Regional Corporation enacts as follows:
1. Schedule "A" of the By-law is amended by adding the following item:
13. Subject to the provisions of the policy governing Front End Financing Agreements and Developer Reimbursements approved by Council on October 30, 2003 as same may be amended from time to time (the "Policy"), works located on private property being developed, provided that the construction of the works at the expense of the Regional Corporation has been approved by Council in the Capital Budget for the year in which construction commences or a preceding year. This exemption is not applicable to works acquired by the Regional Corporation which are required or permitted by the Regional Corporation to be the subject of a front end financing agreement.
2. The By-law is amended by the following insertion immediately following section 3.1:
3.1a Schedule "A" may contain conditions to which the exemptions set out in Schedule "A" are subject.
READ THREE TIMES AND FINALLY PASSED IN OPEN COUNCIL this 30th day of October,
Acting Deputy Clerk