Exhibit “A” To:                                                                                                      Page 1 of 4

Rural Municipality of Lajord No. 128, Bylaw No. _________

Rural Municipality of Bratt’s Lake No. 129, Bylaw No. _________                                       

Rural Municipality of Sherwood No. 159, Bylaw No. _________                                                    

 

 

REGINA SOUTH PIPELINE PUBLIC UTILITY BOARD

 

 

CORPORATE BYLAW

 

1.                  DEFINITIONS:

                                                                                                                                               

            In this Bylaw:

 

(a)                “Act” means “The Rural Municipality Act, 1989", as amended from time to time, and in the case of such amendment, any references in the Bylaws of the Public Utility Board shall be read as referring to the amended provisions.

 

(b)               “Public Utility Board” means the “REGINA SOUTH PIPELINE PUBLIC UTILITY BOARD”, a body corporate created pursuant to Section 228.1 of the Act by joint agreement of the following Municipalities:

 

Rural Municipality of Lajord No. 128

Rural Municipality of Bratt’s Lake No. 129; and      

                        Rural Municipality of Sherwood No 159.

 

 

(c)            “Board” means the board of the Public Utility Board.

 

(d)        “Member” and “Member Municipality” means a Rural Municipality or Urban Municipality involved in the agreement establishing the Public Utility Board.

 

(e)               “Subscribers” means persons who are taxpayers of Member Municipalities who

 subscribe to receive the benefit of the public utility.

 

 

2.                  BUSINESS OF THE PUBLIC UTILITY BOARD:

 

(a)                Fiscal Year:

 

1.            The fiscal year of the Public Utility Board shall be the calendar year.

2.            The annual meeting of the subscribers of the Public Utility Board shall be held not later than ninety (90) days following January 1^st of each year.  Written notice shall be mailed to each subscriber at least fifteen (15) days prior to the meeting.

 

CORPORATE BYLAW

 

(a)                Signing Officers:

                       

Contracts, documents or other instruments requiring execution by the Public Utility Board shall bear the official seal of the board and be signed on behalf of the Public Utility Board by two persons, one of which shall be the Secretary-Treasurer and the other shall be either the Chairman or Vice- Chairman.

 

(b)               Borrowing Powers:

                       

                        The Board may:

                       

1.                  Borrow money on the credit of the Public Utility Board

2.                  Pledge debt obligations of the public or otherwise create a security interest
      in all or any property of the Public Utility Board owned or subsequently
      acquired, to secure any debt obligation of the Public Utility Board;

 

 

Exhibit “A” To: (con’d)                                                                                          Page 2 of 4

Rural Municipality of Lajord No. 128, Bylaw No. _________

Rural Municipality of Bratt’s Lake No. 129, Bylaw No. _________                                       

Rural Municipality of Sherwood No. 159, Bylaw No. _________

 

3.                  Mortgage, hypothecate, pledge or otherwise create a security interest in all
      or any property of the Public Utility Board owned or subsequently
      acquired, to secure any debt obligation of the Public Utility Board.

 

(c)                Delegation of Powers:

                       

The Public Utility Board shall have all the powers conferred on a Council of a Municipality by Sections 226 and 240 of the Act, not including Section 236.

 

3.            AUDITORS:

 

            The Board shall appoint an auditor pursuant to Subsection 69 of the Act.

 

4.            BOARD MEMBERSHIP:

           

            Elected by Subscribers

The subscribers shall annually elect at least five (5) of their number, for a two (2) year term, who shall constitute the Board.

 

            

CORPORATE BYLAW

 

 

5.            BOARD DUTIES AND POWERS:

 

(1)                                       Board Appointments:

 

                        The Board shall annual appoint:

a)      a Chairman and Vice-Chairman from among their number;

b)      a Secretary who may, but need not be, a board member with all the duties and powers of any other elected Board member; and

c)      such other employees as it deems necessary.

 

(2)                                       Chairman Duties:

 

                        The Chairman shall preside at all meetings of the Board.

 

(3)                                       Vice-Chairman Duties:

 

                        The Vice-Chairman, in the absence of the Chairman, shall discharge the duties of

                        the Chairman.

 

(4)                                       Secretary Duties:

 

                        The Secretary shall:

(a)          attend and keep minutes of all meetings of the Board;

(b)         have charge of the seal of the Public Utility Board;

(c)          conduct the correspondence and have charge of all financial corporate records, books, papers and documents of the Public Utility Board; and

(d)         perform such other duties and exercise such other powers as are incidental to the office or as may be required, from time to time, by the Board.

(e)          make weekly deposits or when the funds on hand exceed $10,000 daily

(f)           forward the Board’s Audited Financial Statement to the Municipality within 90 days of preparation.

 

 

 

 

Exhibit “A” To: (con’d)                                                                                          Page 3 of 4

Rural Municipality of Lajord No. 128, Bylaw No. _________

Rural Municipality of Bratt’s Lake No. 129, Bylaw No. _________                                       

Rural Municipality of Sherwood No. 159, Bylaw No. _________

 

(5)                                       Executive Committee:

 

                        The Executive shall consist of the Chairman, Vice-Chairman and Secretary and
                        shall be appointed annually by the Board of Directors to manage the day-to-day
                        operation of the Utility Board and to report to the Board of Directors on a regular
                        basis.

 

(6)            BYLAWS AND RULES:

 

            The Board may:

(a)                enact, amend, repeal or replace Bylaws, other than the Corporate Bylaw; and

 

(b)               make rules, not inconsistent with the Corporate Bylaw or the Act, governing the management of the Public Utility Board and for the carrying out the provisions of this Bylaw.

 

(c)                enact, amend, repeal or replace Bylaws, other than the Corporate Bylaw; and

 

(d)               make rules, not inconsistent with the Corporate Bylaw or the Act, governing the management of the Public Utility Board and for the carrying out the provisions of this Bylaw.

 

(7)            BONDING:

 

The Public Utility Board shall at all times maintain security, fidelity, property damage and liability insurance coverage in respect of its employees, officers, Directors and assets, and shall produce evidence of the same as may be required from time to time by any Member Municipality.

 

(8)            EFFECTIVE DATE:

 

This Bylaw becomes effective when all Member Municipalities have signed and sealed this Bylaw.

 

 

Signed and Sealed by the Rural Municipality of Bratt’s Lake No. 129, this _____ day of ________, 2005.

           

                       

                                                                                                          ____________________________

                                                                                                            Reeve

                        (SEAL)

                                                                                                           

                                                                                                            ___________________________

                                                                                                            Administrator

 

 

Signed and Sealed by the Rural Municipality of Sherwood No. 159, this _____ day of ________, 2005.

 

 

                                                                                                            ____________________________

                                                                                                            Reeve

                        (SEAL)                       

 

                                                                                                            ____________________________

                                                                                                                                                Administrator