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HomeMy WebLinkAboutKIN 66 1957 Grant financal aid ,;;;~. J! >""'-..c, ! 0- CORPORATION OF THE TOWN OF KINCARDINE BY-LAW NO. 1957 A BY-LAW TO GRANT FINANCIAL AID TO KINCARD E AND DISTRICT GENERAL HOSPITAL IN THE TOWNSHIP OF KINCARD NE. WHEREAS the Board of Trustees of the Kinca ine and District General Hospital are planning a program to nlarge and improve the facilities, including buildings and equ pment of the said Kinc~rdine and ~istrict General Hospital an the Hospital Board has approached this Council for a gr t towards the financing thereof. AND WHEREAS the said hospital is adjacent 0 this municipality . and serves its residents or a great many t ereof. AND WHEREAS this Council is empowered to g ant financial aid for the erection or equipment of said hosp tal under the provision of Section 377 (35) of the Munic pal Act, R~S¢O. 1960, Chapter 249. AND WHEREAS this Council considers it to b in the public interest to assist the said project and make a financial .. contribution towards the capital cost the of. NOW THEREFORE be it enacted and it is 1. That this Corporation make a grant of $26,000.00 to the Board of Trustees of the Kincardine a General Hospital, towards the capital cost of constructing an addition to the said hospital and acq iring and improving the equipment thereof. 2. That the said grant be paid by instal ents of '5,200.00 each on the fifteenth day of July in ach of the years 1967, 1968, 1969, 1970 and 1971 and t at the rates to be levied therefor shall be upon the ull value of all the rateable property in the municip ity. .J ~~t-~~ , - 2 - 3. That the Corporation of the Town of Kin ardine shall issue Debentures therefor which shall n t bear interest ~ l I for each of the years and in the amount as set out in this by-law. 4. That the Mayor and Clerk be and they ar hereby authorized and directed to execute the said debent res under the corporate seal of this municipality. 5. That this by-law shall not have force 0 take effect until approved by the Ontario Municipal Board July 1967. "---- _.~, ..,'-~- ,,-"'-.-* of De~;;r t'i6~\ :2 -_ :: -:-: $Iiit¢:. 1-- ; ~ ,= ...... .....-..: ~. ,. _......~.. . .'.... /- .~-;~::;::::,::~ READ a FIRST and SECOND TIME this second da ~~YÞ . READ a THIRD TINE and FINALLY PASSED veDl;h day of d ~ - , .,~/" ~;": '--"- -,../ "~-... -/ .¿-- .~ ..,...... - - - ..-.; -: - -- - -- ,-.- ~ -- - - - ........ -.I" ..... .' ....../ ,~':.: -I..-" ../ ~....._- ---;-'- -. -- - . ~ ¿~J;f/~ .......C e . ! 1 , j 1 I j 1 I 1 , ~ ~