By-law No. 3

Bonding By-Law

The Council of the Municipality of Grand Bay-Westfield under authority vested in it by Section 11 and as required by Section 84 of the Municipalities Act, R.S.N.B. 1973, c.M-22 and amendments thereto enacts as follows:

SHORT TITLE

1. This by-law may be cited as the Bonding By-law.

 EMPLOYEE BONDS

2. All Town of Grand Bay-Westfield employees, elected officials, and persons performing duties for the Town of Grand Bay-Westfield shall be covered under a blanket position bond with the amount of liability to be not less than $100,000.00.

3. Each bond period shall begin at 12:01 a.m. on the first day of January in each year and end at 12:01 a.m. on the effective date of the cancellation or termination of the bond.

4. By-law No. 181, Town of Grand Bay Bonding By-law is hereby repealed.

 

FIRST READING BY TITLE on this 9th day of February , 1998.

SECOND READING BY TITLE on this 9th day of February , 1998.

THIRD READING AND ENACTMENT on this 23rd day of February , 1998.

 

Sandra Gautreau Grace Losier

Manager (Clerk) Mayor

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