PEEL NON-PROFIT HOUSING CORPORATION

BY-LAW NUMBER 1-97

 

A by-law governing the purchase and disposal of goods and services.

 

WHEREAS Peel Non-Profit Housing Corporation, (the Corporation), has been incorporated on behalf of The Regional Municipality of Peel for the provision and operation of rental housing accommodation primarily for persons of low or moderate income under Section 13 of the Housing Development Act, R.S.O. 1990, c. H.18:

AND WHEREAS on the 13th June, 1996 the Council of The Regional Municipality of Peel enacted By-law 50-96 being a by-law governing the purchase and disposal of goods and services for the Regional Corporation;

AND WHEREAS it is intended that by the enactment of this by-law, the Corporation will adopt the policies and practices consistent with those adopted by the Regional Corporation with necessary modifications;

NOW THEREFORE the Board of Directors of Peel Non-Profit Housing Corporation enacts as follows:

1. By-law 50-96 of The Regional Municipality of Peel, a copy of which is attached hereto as Schedule "A" to this by-law, shall govern the conduct of the affairs of the Corporation in accordance with its terms as if it were enacted as a by-law of the Corporation, with necessary modifications and for greater certainty it shall be read with the following modifications:

i) any reference contained therein to Regional Council shall be deemed to be a reference to the Board of Directors of the Corporation;

ii) any reference therein to the Chief Administrative Officer and a Department Head shall be deemed to be a reference to the General Manager of the Corporation;

iii) any reference therein to the Materials Manager shall be deemed to be a reference to the Purchasing Manager of the Corporation;

iv) any reference therein to signing officers duly authorized under the Regionís by-laws shall be deemed to be a reference to the duly authorized signing officers of the Corporation.

DULY PASSED AND ENACTED at a meeting of the Board of Directors on the 17th December, 1996.

President Assistant Secretary

 

DULY CONFIRMED by vote of the Members of the Corporation, duly held on the 3rd June, 1997.

 

President Assistant Secretary