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Bill 19, Municipal Statutes Amending Act No. 2

Government Bill

13th Assembly, 4th Session

Introduced on June 4, 1997

Bill Sponsor

Events

Timeline of key legislative events

  • First Reading
    Completed June 4, 1997 (Debate)
  • Second Reading
    Completed June 4, 1997 (Debate)
  • Third Reading
    Completed Oct. 8, 1997 (Debate)
  • Commissioner's Assent
    Completed Oct. 16, 1997 (Debate)

    • Status

    Bill Text



    Discussion & Mentions

    Return To Oral Question 592-13(4): Calculation Of Gold Royalties
    Revert To Item 4: Returns To Oral Questions

    October 16th, 1997

    Page 1641


    See context

    Commissioner Maksagak

    As Commissioner of the Northwest Territories, I am pleased to assent to the following bills:

    Bill 3, Family Law Act; Bill 4, Children's Law Act; Bill 6, Child and Family Services Act; Bill 15, An Act to Amend the Workers' Compensation Act; Bill 19, Municipal Statutes Amending Act No. 2; Bill 20, An Act to Amend the Property Assessment and Taxation Act; Bill 21, An Act to Amend the Companies Act; Bill 22, An Act to Amend the Corrections Act; Bill 23, An Act to Amend the Elections Act; and Bill 25, Supplementary Appropriation Act No. 2, 1997-98.

    The Fourth Session of the 13th Legislative Assembly commenced on November 27, 1996, almost a year ago. It has been a long session and much has been accomplished. Even though many challenges remain, I urge all Members to take some time to reflect with pride on their achievements to date. Prior to proroguing this session, I wish to announce that the Fifth Session of the 13th Legislative Assembly will convene Tuesday, October 21, 1997 at 1:30 p.m. As Commissioner of the Northwest Territories, I hereby prorogue the Fourth Session of the 13th Legislative Assembly.

    --PROROGATION

    Bill 19-13(4) Municipal Statutes Amending Act, No. 2
    Item 21: Third Reading Of Bills

    October 8th, 1997

    Page 1488


    See context

    Manitok Thompson Aivilik

    Mr. Speaker, I move, seconded by the honourable Member for Kitikmeot, that Bill 19, Municipal Statutes Amending Act, No. 2, be read for the third time. Thank you.

    Mr. Speaker, this bill amends the Charter Communities Act, the Cities, Towns and Villages Act and the Hamlets Act to:

    - allow municipalities to borrow from an expanded range of lenders prescribed by regulations;

    - remove the restriction that municipalities borrow on a temporary basis from banks only;

    - allow municipalities to borrow on a long term basis by means other than by debentures only; and

    - remove the requirement that municipalities provide information in the long term borrowing by-law that is usually unknown at the time that the long term borrowing by-law is made.

    In respect of a municipal taxing authority:

    - remove the requirement for the municipality to forward a long term debt security to the Minister before it is issued or entered into and for the Minister to countersign it;

    - clarify that municipality may be required to redeem a long term debt security only where a municipality is borrowing from the Government of the Northwest Territories; and

    - clarify other procedural or interpretative difficulties in respect of borrowing in the various Acts.

    Item 18: Second Reading Of Bills
    Item 18: Second Reading Of Bills

    June 3rd, 1997

    Page 1327


    See context

    Manitok Thompson Aivilik

    Mr. Speaker, I move, seconded by the honourable Member for Nahendeh, that Bill 19, Municipal Statutes Amending Act, No. 2, be read for the second time. Mr. Speaker, this Bill amends the Charter Communities Act, the Cities, Towns and Villages Act, and the Hamlets Act, to:

    -allowing municipalities to borrow from an expanded range of lenders prescribed by regulations;

    -remove the restriction that municipalities borrow on a temporary basis from banks only;

    -allow municipalities to borrow on a long term basis by means other than by debentures only; and

    -remove the requirement that municipalities provide information in the long term borrowing bylaw that is usually unknown at the time that the long term borrowing bylaw is made.

    In respect of a municipal taxing authority:

    -remove the requirement for the municipality to forward a long term debt security to the Minister before it is issued or entered into and for the Minister to countersign it;

    -clarify that municipality may be required to redeem a long term debt security only where a municipality is borrowing from the Government of the Northwest Territories; and

    -clarify other procedural or interpretive difficulties in respect of borrowing in the various acts.

    Thank you, Mr. Speaker.

    Item 17: First Reading Of Bills
    Item 17: First Reading Of Bills

    June 3rd, 1997

    Page 1327


    See context

    Manitok Thompson Aivilik

    Mr. Speaker, I move, seconded by the honourable Member for Kitikmeot, that Bill 19, Municipal Statutes Amending Act, No. 2, be read for the first time. Thank you, Mr. Speaker.