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BYLAW - Annual Remuneration to be Paid to Hydro Electric Commissioners - 19991110 - 412699CTHE CORPORATION OF THE TOWN OF AURORA By-law Number 4126-99. C BEING A BY-LAW to provide for the annual remuneration to be paid to the Aurora Hydro Electric Commissioners. WHEREAS Section 44 of the Public Utilities Act, R.S.O. 1990, Chap. M.52, as amended authorizes the Council of a local municipality to pass by-laws to established the rate of remuneration paid to the hydro electric commissioners; NOW THEREFORE THE COUNCIL OF THE CORPORATION OF THE TOWN OF AURORA ENACTS AS FOLLOWS: 1. THAT an annual remuneration shall be provided to each Commissioner of the Aurora Hydro Electric Commission. 2. THAT the remuneration shall be amended according to the following incremental adjustment periods: CHAIRMAN COMMISIONER April 1, 1998 $3,030.00 $2,424.00 October 1, 1998 $3,060.30 $2,448.24 January 1, 1999 $3,090.90 $2,472.72 July 1, 1999 $3,152.72 $2,522.17 January 1, 2000 $3,215.77 $2,572.61 3. THAT By-law 3105-89 is hereby repealed. READ A FIRST AND SECOND TIME THIS IfFH DAY OF NOVEMBER, I999. READ A THIRD TIME AND FINALLY PASSED THIS IrfiH DAY OF NOVEMBER, I999. CLERK