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Home My WebLink AboutKIN 68 2034 Borrowing By-law j~ t~_~_-,.::-. . -' ., . --.- - ;TØ CœtPoB.A.'tIOI OF THKTOWN OFKIHCA B~...UWHO. '2ÐJ4.~ . ¡ .--" ... . - . . . BU.-. ~..~ to qth.r1Hthe~"rl'OW bcot·~.,SQO.OO aad.~he b!l1iing o~ . ·",,4.ø.at"~:'~refore. . _ _ _ d · 0 . .... 'WHI~,Í$~Öe .ç:1J.CU of trhe COJ'P~à.ti1oa t'~'l'on of n.car41a.b&.pasa~By-LQ,JUUlberJ.93'7 oth .' lI1Q~th. borrow1ac ott22:,OOO.OO,,#Oa.the Bank .o~ KOJat.J'e.a'ltoo pro .:£'&1"' the' '. C. ~struct1.on Of. a. ." 'Fir... HaUwhich ..uat, waa: to berèp!.'1able. . 1.. 'thlÞføqe: ~~1~oq aoues ". .ach .iath.Ho to OflJjJOO.OO .. o'aM. toøecøaedWf(0ÍI,.the2ad. 4ay ot Dee..berJJt t.ye~sJ.~'1, ..],.,oa .. 1~9a""";J_.œ.euh.to beco.. dIM nth.2iaiøay .. Decøher. inth.~'i!J"s,,19'lOand. 1971. . , . . . .~,_ .,._ ". _, ',<c." -,~.~,::, c '..- - . : "- :.:..',:'..\;.;;.-;'- -, ;',,, - , - - -'~ ~tU)wifEREA:S.~ pro.isnry,net..:â...on e ~*t dayot .". · <n.cJ\.~·ir;'+9ó? has ",-¡¡aid iJi:~ullai1d the '. 'ton,... ov.t.." sUJidta&,oJ1"'8:ßüIiiJ,Oaa is the SUII ot $la,50000~· ..{i~. .. , .. '.41». WiŒRBASThe CODCn oftkeCcn'pOrat' .oa&t.· t!1e··1'OWD . ... ot n.eaH,1..' Ð.asp&8..ø By-I.aw Ji_b.r 1947 aùt o'nsÞtg tbe bor-. .... T 'røwj,g "'·.28,OOO~OO ~ro.the Bank of JloAtreal oprQyj,jefor." '~+,*- pç.tlè,'Of' c.R:tAin lu4Ii1' alt described 1a S b..dUi~~'" . . . . ":'._. )tå. .. à,..Ç,.'.. Ai"'By.. ...¡.aWf.. ." .r.,,,. t;lte..·...~t8es oftb.. sdd C~...~"...-¡..·..~.'j¡. 1011. '."" . *ch . --r-utwas ~ø:,~ ,eia thetora of prc.1...~c.ry>· ._t.e.l!.aclt ia th.~~~t~~c.3,500.00t;0 beeo.. ã.uecøP*tØ1..' . o~~tIbt<:ªadda,.ot Stt~'tl~il!'5~n tile years 1967 . :rmt..:tu.ìJi..... ., , . . ~. , . ...... ... .. W¥RJA~t:*-. ~...rynot. due and ,.ml.oa ~th. . ..... ...2JIîi. lia.y·.tS.p,te.b.rjl9Q?hlisb.... paid ia ~IÙ. "~.' ti1e aaeuat· ,).... o.....liW&¢.i_.. ·the sa~.1oU 1. the· naot 2..~~e;øo. . .' )h,,' .··"r-,WilPtÞWJ tàeOØ_dl ot.thiC~'t not . 'Town o :;.01' it~ÌJ1.·.. pas8edBy-X.w nw.ber19SO auór.1.~ the ""røwtäg'U.'#l7S.000..00 troll the Bankei' Møntr aL tø~JU'OY1d. · - .~.~ .riJl\l.U1;q of an øxistb& brige aad the Z'eco~~t1ft '. ,·.~:..thœu..S~tfr..Pnac.. Strelt1; toP.rk S1;eiiîte._·.... ''f:e)fa ~t~l·~¡.~i.. .... ..' ...," . ., .",. .··,..~7 .~ ~¡;;tI~~qi_.;r(jJ'1.c..f, OrttaH.ø"h8.a coat.JfUJutê..tke ·.,{.;·m"~~:;:~tt~~:;_~:1':.;h!9¡:~ f~j(,,~rtia.:. . "",¿ '.' ·.'·.ÛÐAfAqi~Si~Wà8iat.aliiedthatthe ,.~~Of$4J.,5ÖO.OO ;"·että.'said"'\iDt.o~ t17S,OOO.OOwáis to b.l';f', ·aDlefroatb.e . .'. .. · aU. ot"-bentù.s of the said. Town of~~t' e.~ .';'''-.- . .. .' .' ._. gO> . .. '" -'-' 9 . . . - - . , ,- 0-' _ . . .. ..' . ", ...... .~ WIf.J¥ltaeCø¥cll ot theCOl"p'Oratoa ~,th.Town '. · .0001Ci.néÜ"4i. deW'ea. :tGcêoaaoUIat.ethe, ,..ov.~t 'ft1;~JtC" .' ,.·.··1I~.rB:J!....LMt.~r..,cof $18,SOO.OO¡ 'oDtà. ·.t.ouéa_1I41J1&. I .·.....'·-;By~·..lIn 19~·Df'.24.,;OO.OO ~4'töh. 8Mt;Od.~iag·;· I '.>..c~...,...1fJ_ér191ô.øf'$4.¡,500.00 UklD&a to' ,·.µatoat- . , . ...",.t..U¡,,~ .~)søq.OO.:JÔ11ch¡total Hoot 18 to ~f"'l.:'i.tro. ...._..r.... _""cOt .._. .tt...._.. .... " X11Ica~ at thé~'~51; rata ami QO. the r~ . _1Ï¥"'".,-as. " . set oufr:tìIoSch!~S1~:;1!' her_" &DD.eXd. .. .. ',' . - '. _ _; :"~ë' ~, ._~'" -', .. _ ' ..... .... .. ··P'1'IŒ'Ð~.th.CoWl.cll o~tb.e Corport1ç..øt'the ··;.?,j,,'1'own of' W~*,("l,ctsa. follows: .' . ....:..' . >. . · ..... ....·.r;'1'ha~·iB7~LäWs 'Ihn~rs 19J7,194'laJ1d.l_'"' aDd ·thé ..... ....~~h&reby.re~al.d.aadre¡>lacelii 1>yth. wi .~. D,B"...~. . .'",' . . . .J~, _,..... .Rot ,eD_tag t18,500:.oo D& Qo1"rowed Dy' . ..... ........ '.. '. '<W 1Ia14'hQ_~~~.. tor .."pvafpop 'fit paJ]l8nt ~ør .tu"..¡"IiI<tØ ,~~. ';:>:~.. "':c,:;~~n1" dlt. ~.wllll ,to, the Båak of Montreal for"tàe ba1.aace -: . f;.,;f£..¿...,~~..,eé.st~~C~.uu!:a Fire Hall.'" - - ',- ~::'::_)?:i~~Xi~ '..:' o'~ . _~_ A ,--'"_." ---- · ~--.~ -- ~ .', - .' ·:~'~::~~::~jC-~t~~:_:':.~ .. , . -;j -.._- ... ... -,,; , ~~~ ~-...- ..,< '··.1.~, l'he d..beJft¡ures ..n nbe dat.d the f 6å&-t.JéJ9Q8, aK shall be IIIlÙ payableln . '. 'CIJ1 'the t'ft'RQT or A1Ip8t, in each of the Tea ":~f.~1=:1.·t::=hr:iP:::~;:a:o::r 1 O~e d.a~~1n Scb.4~'..:A. attaohed to and fo . ~. ot....h.. :?,::'·t~_.~- ' "-,- -. - - . ".~>.'·'..."'e"e"e.b~a to be issued shall b o.e hundred. .~.... ....ª-....rj .~Q $$l.ftgate. the amount fall ng due in each ,...ror~''''ldt.~ . '. , . .i,¡" . The ð.e_t~8.hàll be seal..Mi_ the..alcl the norporat.loaud. .~d. by the head ot. the CO\U1e or by .ome ~er ,peraoJ1a~horised by by-law tos1gn the . . e aad 1:IT the trea.~Uft:Ï'. .. ~..Þ1Iii,hto.re.tc.oupoJ1a.hall be lp.edby the tr(}i\surer treuu.re,r-aad hi.IJ.tpature to them llaybe .rit en ôrengrand, litåographect, pr1~'.øJ'oth.rWi8e mechanically reproduced. 'l.. 81,pature of the headotthe eouncil may be writteJ1"OI' .-gray"..,l1'thOg~Phe..dpriJt,ted or otherwise me hanically . ,,"produced. aai.Usu.@..<iieùentures are counters gued in wr1t~ng b7the d.putY,t're"~sthe.a.1gnature of the t aeurer thereon ..a7 ~1Ø'itten or e~r,II."'.ci.,~~hographed.J print <i·or otherwi.e mèchanically·reproàuce«. ." . 1O~ C~nciD¡ln the year 1969j and th redter ,in each ,7ear i.nwhich an 1n.~nt oftbe principal of the sata debt ""~1nterest bec..s 4.., there 5ba11 belevled aJUi raised for ~.' p&J1IIenu or the ~piine1pal and. inte r..tj the.çecUic ..... BhoWII. for ~e . 1'tI.,ect.iTe.,..ear in Seit.ùule." ". SUch.ua ~µ be 18T1edclUld;rai.....>ùya spedal rate a fiGUnt t_re.~or, oQraO¢aoonall otãe4:";~t.s, on aU the rate blepropertT ia ,u. Ili.\Udc1pallty. . .. . . .... . .Y~~:~}:~-. . . ...' U~1'håt.:,'åi. QY''''ilawiahall bec.. efree b.' upon the .'~"''>'V~ ·:,,;r.z;';;;f1DalpaDi~t_~.·.......·.. . . . ~(~ s: _'_";\~::c - -'-", ~ -_~,":_u'-'~"-:~:.>!-c_>r;rT::·,~·; " .~ ;; ,",.~..~,n a UBS'l'aai ~.t~ 1<1\1. tifth day of J1Ù.yl96B. ~}~~~~'§~..#'~V-j~ ," Itð;òl -.....~.....-:~:: '~-:~~~-cO:~~ \.:-' --=--...~:.."":.-".,-,;:.:_,-. :';'''::;"::?'''-':--' ,_..~~:;'"¡:.,r;rj}~~fn a"'~ tiIH. ~<?prÞ.~>J',i.S§ED thia fitth day,ot J1iU 1968. §i'.~ ~.~ ~,... /ii~ ~~l:·j;tt'~î,,'è . y / ~-- -,.. ,.... ~~ . t . . . c. Page 1<wo B7J.a., Jlo. 20)4- . 3.. fhat the aua aot exceeding 121¡..500. . b. borrowed ]ð'O ,by the .aid Corporatlol1. for thepu.rpose ot pa 10 for the balaace of mon:l... due and owing at t he Bank.. of . Ãtrealfor the balaace ú' .1<he.,còatotthepurchase ot certainlallds de cribed in ."ehed~ c"A"toBy,"'liaw Humber 191¡.'1. ..4., That a $WI Dot exceediD¡tlt1,500.00 be borro1Atd by 5óO) .·'the sa1ci':40~QratiOlÍ. for 1<he purpose of payment tor th",. ã.lance /0 'Q£ ~.'''eando'''' at 10_ Bank of. Montreal for t~Lb~ce .·....o£.....·".,~.·,..;....··.....c...:............. ~...._..·.c iü& an exfatiag.bridga and recon~1.on ,(d'DU"',Stree \, .'. Pri-.ces Street to Park at et 1&,1;.. 'if. Qt 'w i . " '.' ...... '. . . . . .' . ~ - . ..... . .FJ. 'lhe~o1i-lJ. .¡uaouat requi1'ed to be bo ..dtbe~" ot'j~'()O,~OObe OO....1ii by the issuaac,or oa . .eri.. or n.b~ for a ~.:ntot. tea years aad upon the 1oem. as to repa,...1o.".. ...'t QU1¡'in$chedule "A" hereto ann :ød.. .. '. .' ....&... Kad1 d.ebe.h1'8 shall beàr iJat.erest 10 the rate .01' ·1ìp.r...~,er.....tor the respectin years Sc:hedû1Al"IIA" Q'ta*ci w;ü:I..a.,....1awU4 shall haTe coupons ttacàtd to' '»retoi'or~àe pa.,...t of the said iJaterest. tday of 111.8~J1t.. ~969to19"é, e1pal Qd be Ulount.80 lag part¡ of ~. ... · · . . · · ·Year >... -. -':, 1910 1"1' 191'~ liT} 1$.f4. .. ..... . 1~ 1976 ' 19fT _.m _'._ -,- ,-'- - 1"'" . , COBPCItA'tIOIf æ tHE t(1Øi CWIJJJC BI...J¡¿Y RO. 20),. *rmuuc ..IIC '. ~~c1pal rot-a1 Ia1õøre for ýear -"";;: ~.,. ~ ..... ,'-',-- t i~oOo..oo 6,.500.00 , 7'1000.00 -=- '. . 7 ,~GO . 6,126~2~ 5,691.25 5, 220~.øo 4.,71Z..5() '.oøo.oo ~,16S.75 ---_._--_._-_..__..-~._-- .- ,.,QÇi.OO 3, S1t8. 7S ---.---.----. 9,~~OQ " ., J.. SOb.." ].O,.5OÓ.00 4.500.;00 2,972.50 2,283.75 1,. 595;,ØO 1t33.7; '. , SIi ,,Soo..oo' :n ,19~~50 , . , " ~pa1 - IPtres1; . 1~126.25 12,a91.~ 12,220.00 J.2,?l2.S0 12,168.75 U.O'8~7; ,,1t1t1.2.~ ...,. ,., 11. '1á.).. 15 12",095.00 12,333..1; , 121,692.50