HomeMy WebLinkAboutKIN 56 1621 Borrowing By-law
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CORPOBA'l'ION 01' TEE TOWN aF KIN :no:
BY-LAW No. 1621
A BY-LAW ~o provide for taking the votes of
on a proposed by-law entined "For Borrowing the a ot SIX'lY THOUSAND
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DOT.t;.A1'Iß to t/fI:r for improvements at the Waterworks ping Station".. ¡
1I'HEREA.s a proposed by-law of the Corporation l' the Town of
Kincardine entitled "For Borrowing the sum of Sixt \ihousand Dollars t
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finance improvements to ~h8 waterworks pumping sta ion" requires for
i tayalidi ty the assen~ ot the electors, and it is expedient and
ne._aar,' ~o pass this By-Law for the purpose of e abUng the ele ctors 0
vote on the proposed by-law;
. IT TEEREFORE ENAO'fEJ) by the Municipal Coun 1 of ~ ~rporat1o
of "- 'l01Bt of Kinoardine. as 1'o1101'1s:-
J.. n. vo~e of ~he eleotors of the Corporation 0 the ~01lD. of
Kincar6.i.neahal.l be taken on the said proposed by-
day ot~. A..». 19.5& be~ween the hODS 0
Seven
the forenoon andaz 0' oloak in the afternoon at t following places
aDd b7 the following Deputy Beturning Officers, n
Polling sub-Uvi.ion NO.1; In the building owned b _8. Leslie
Buokingham. kst side 0 Queen Street,South
olling sub-~vision No.2;
In the Council Chamber, '!own Hall.
llin¡ sub.division No.3;
In the building owned b Ganadian Gas.Co.
Maurice GiesB, Manager, Queen St. East.
sub-division No.4; In the building owned b Mrs. :iI.Harrison
Mechanics Ave. North.
sub-division No.5; In· the ~anadian Legion 11. Queen st. West.
sub-division No.6; In the building owned y John HOllenbeck: 0
. . the West side 01' Q.ueen treet,South.
on the
Se oond
day or
J.fa.roh
. A.D. 1956. at the
the head ot the
1.30
ot cloak: in 1õb.e
Afternoon
un_1 o1'.Mid Uorporation or same member of the
or that ~ae by resolution shall attend at the ounoil Oha%nber in
he 'Í !IIJl Hà11 in the said JDmicipality. for the pur ose ot appointing .
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if requested so to do, shall appoint, by writing s gnad by him,
two persons to attend at the final summing up of t e votes by the
Olerk, and one person to attend at eaoh polling pl ce on behalf ot
the persons interested in and promoting the propos d by-law, and a lik
number on behalt of the persons interested in and pposing the propose
By-Law.
3. -on the J!'ifieenth day ot Karch , A.D. 19.56,
Twelve
at the hour ot - o'olock in the forenoon at t e Council Chamber
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in the Town Hall in the said Municipality, the Cle k of the said I(un-
ioipality shall attend and sum up the votes given or and against the
said..propoaed by-law.
SIaNBD, SF.~V1rn and FINALLY Hs.qw.n this Fourtee h
day ot
J'ebruary
, 1956.
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lat. Reading February lit, 1956.
2nc4 Beading February lit, 1956.
jrd. Reading February lit, 1956.
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CORPOR/d'ION OF THE TOWN OF IaNCARD
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SYNOPSIS OF A PROPOS&D
BY-LAW
A By-law to raise the sum 01' S~ OUSAND
DOLIJk~ ($60.000.00) by issuing debenture bearing
interest at four per oent þer annum payab e in twenty
yearly instalments, for the purpose ot im rovemants
at the waterworks þumping station.
!he total eost 01' the work is $60,00 .00.
The estimated lifetime of the work i twenty years.
The amount required to be raised ann ally 1'or twenty
;rears by the Corporation to pay the said ebt and interest
thereon will be k4J.4.~1 and the same sha 1 be payable by
the?Ubllc utilities Qbmmlssion to the sa d Corporation.
DATED the Thirteenth day of February A. :I).
1956.
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NO'rIC3
'rA.KB NOTICE that the above is a synopsis f a proposed
By"law 01' the 'f01ll'1 or Kincardine to be submitted to the votes or
the eleotors on the Fourteenth day 01' Maroh, 19.5 , between the
hours ot Bight o'olook in the torenoon and Seven o'oloak: in the
afternoon and the Deputy Returning Ofrioers appo nted to hold the
said eleotion shall take the vote.
.AND that the aeoond day of )(arch, A.D. 1956, at he hour of' 1.}O
0' olock in the a1'ternoon at the "iounoll Qhambers in the \\'own or
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Kinoardine bas been tixed for the appointment 01' persona to a.tend
at the polling places and at the :f'1nal summing u of the votes by
the r.ìle:J.'L
ØD i1' the assent of the electors ia obtained to the said proposed
bT-law it will be taken into oonsideration by th Counoil or the
sat! Qorporation at a meeting thereof to be held a1'ter the expir-
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atlon ot one month trom the date of the tirst pu l1oation at thia
notice and that such first publication was made n the Fifteenth
day of February, A.:!). 1956.
'fAD NOTIOB .I!1J1à.t;1.lj;H that a tenant who desires to vote upon such
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proposed ~law must deliver to the í:hark not la 81' than the 'Jenth
day betorethe day appointed for taking the vote a declaration
un40r "The ~anada .lti;videnoe Act" that he is a te t whose lease
extends for the time tor which the debt or liabi i"ty is to be
oreated or in which the money sa to be raised by the proposed by-
law is payable or for at least twenty-one years. and that he has
by the lease covenanted to pay all munioipal tax s in respect 01'
the property ot whioh he is a tenant, other than looal improvement
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ratea.
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