A BY-LAW TO AUTHORIZE CERTAIN CAPITAL WORKS OF THE CORPORATION OF NORTH BAY (THE "MUNICIPALITY");
TO AUTHORIZE THE SUBMISSION OF APPLICATION TO THE ONTARIO STRATEGIC INFRASTRUCTURE FINANCING AUTHORITY ("OSIFA") FOR FINANCING SUCH CAPITAL WORKS;
TO AUTHORIZE TEMPORARY BORROWING FROM OSIFA TO MEET EXPENDITURES IN CONNECTION WITH SUCH WORKS;
AND TO AUTHORIZE LONG TERM BORROWING FROM OSIFA FOR SUCH WORKS THROUGH THE ISSUE OF DEBENTURES.