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1394-61-Establishment & Maintenance of a Reserve Fund for Hospitals
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1394-61-Establishment & Maintenance of a Reserve Fund for Hospitals
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56 JANUARY REGULAR SESSION, 1861 <br />By -Law Number 1394 <br />BEING A BY -LAW FOR THE ESTABLISHMENT AND <br />MAINTENANCE OF A RESERVE FUND FOR THS <br />PURPOSE OF MAKING GRAFTS TO HOSPITALS <br />TOWARD THE CAPITAL COSTS OF CONSTRUCTION <br />OF ADDITIONS TO THE SAID HOSPITALS IN THE <br />COUNTY OF ESSEX AND THE CITY OF WINDSOR. <br />WIIEREAS The Municipal Act provides that the Council in each <br />Year may if authorized by a -two-thirds vote of the members 1 <br />in the estimates for the establishment Oct a Reserve Fund for MY <br />purpose for which it has authority to spend funds; <br />AND WIEREAS it is expedient to establish a Reserve lrund *r <br />the purpose of providing for the making of grants to Lospitals Wwadds <br />the capital costs of construction of additions to the said hospitals Is <br />the County of Essex and the City of Windsor. <br />THEREFORE The Council of the C; porstion of the Count d <br />Essex enacts as follows: <br />1. That a Reserve Fund be established and maintained for the <br />purpose of making grants to hospitals towards the capital Coats of <br />construction of additions to the said hospitals in the County d Bases <br />and the City of Windsor; <br />L That the total sum raised by a special levy in the budgets of <br />the County of Essex for hospital capital coats be applied• for the pnr- <br />Dose described in section 1. <br />S. And a further amount of the difference between the revenue <br />from the special levy in the IWO budget of the County of Braei for <br />bospitai capital costs and the total amount paid to the bosPtmla in the <br />County of Essex and the City ed Windsor, undw debenture kw-lawn 1865 <br />and 1867 as approved by the Ontario Municipal Beard u 18ft he aloe <br />deposited to the said "Reams Fund" as of JAM IM 1. 1861. <br />
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