Bylaw No. 1689 — Development Cost Charge Reserve Fund Expenditure Bylaw No. 1689, 2016 — Readings

CITY OF LANGFORD

BYLAW NO. 1689

A BYLAW TO AUTHORIZE THE EXPENDITURE OF FUNDS FROM THE DEVELOPMENT COST CHARGE RESERVE FUND.

WHEREAS Council of the City of Langford has established and accumulated development cost charge reserves for road, drainage, parkland acquisition and parkland improvements

AND WHEREAS the Council deems that it is expedient and desirable that the City of Langford perform road, park and drainage improvements;

NOW THEREFORE the Council of the City of Langford, in open meeting assembled, hereby enacts as follows:

The expenditure of up to $106,000 from the Development Cost Charge Road Reserve Fund is hereby authorized for South West Quadrant Interchange Ramp; and
The expenditure of up to $27,600 from the Development Cost Charge Drain Reserve Fund is hereby authorized for Willing Storm Drain; and
The expenditure of up to $1,256,000 from the Development Cost Charge Roads Reserve Fund is hereby authorized for Re-alignment of Leigh/Goldstream Intersection; and
The expenditure of up to $31,500 from the Development Cost Charge Roads Reserve Fund is hereby authorized for Millstream Overpass; and
The expenditure of up to $492,000 from the Development Cost Charge Roads Reserve Fund is hereby authorized for McCallum Road Connector; and
The expenditure of up to $97,000 from the Development Cost Charge Roads Reserve Fund is hereby authorized for West Shore Parkway Extension; and
The expenditure of up to $38,500 from the Development Cost Charge Parkland Improvements Reserve Fund is hereby authorized for work on Disability and Access Improvements; and
This Bylaw may be cited as the “Development Cost Charge Reserve Fund Expenditure Bylaw No. 1689, 2016”.

READ A FIRST TIME this 18th day of April, 2017. READ A SECOND TIME this 18th day of April, 2017. READ A THIRD TIME this 18th day of April, 2017. ADOPTED this day of May, 2017.

Signatures

MAYOR

(Certified Correct)

CORPORATE OFFICER

Key facts