HomeMy WebLinkAboutKIN 1905 486 Construct Sidewalk
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A if-laW too lll'Of14e tor ~OW1n6r "anEW'
~ t'he ll1111Nt tit debentures Of \'he lftB
of K1noa1'd1M tor tl104Mlft8t,l'UOtlO1l Of a
",ulnt. Of' aranolitb10 814o...l\lklit "\1\e
Baat. Bille or QUeen at.l'eet. In aa14 'tom.
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1IHHRIWJ Jamoa ~tft80 on:S ot.h01"8 have 4"11 !)Ot.lt.l
tor the oonatl'VOt1on or a cenent or IL'8J\0l1th10 a1do-w.:\]k on \1\
pa1't. Of the East a1" or queen street. 371n&: between the Bcwth ·
Of ~l1!l 8t.reet mJ tho Bouth st.de or Bl"Oat!Wa1 St.eee\ twn4er tll
~iJ1ons oomaiMS 1n st-1M m~ 810 or tb1l!1 t!l'1\10iDAlU"
1fhtoltw. t1~11 Pallsed (ott.01* thO~: or tbe 81eot01'l,ha4
4u17 Clbt.a1n04 tllG1'O\O) on the '1'WOnt day of JiU'1lJA1'1.A.D.
an! tho oou~ll Of this r.nm101pal1t1 navo dOer.lecJ it Ulledtlent
,
arant thO J'lfa1or at the oaid peUtionors.
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AND WHE1UW3 1t. MIS boon asoert.a1ned and dotom1ne5 '
i1\e Il1'O'l1a1ona Of tho fkud bJ..1a.1f mmbcno 310 dul1 paBaocS m'
atoros.:dd,1UllJ 1n aoo)OMa.1\OO Wit.h tbo prCN"a1orus or the at.,at.u "
thnt. behalt,that t.ho Bl\1d rrctlt10IUn'S ~ or8r two tb11'1S1J 1n
or tbe cwnorD am ropresont. l!lOl'O than hL\1t 1n valuo or the
pr~1 to be benot1too b:f the oa1d oe!lElJlt, 814e-.wa1k
the last. 1'8'11800 a8so8~nt. roll or this Ml.ln101pal1\y an! t~
1'Elal Proport1 O~.~l'1Be:! Yf1th1n tho toUOYf11l!t l1n1tl,that. 18 t
AU proport1 :t'l"ont.1re on that omain Jkuot.a at tho F.aot Dido
QUoen st.root 1y1n:: between tbe !forth B1de or IJIn'hm1 m,1"C<lt
Gouth 01do ~ BrOa:ttfQl stl'oet,lsl\be real Propert.1 1r.necJ1ato11 "'
benefited by tbe aonJJt.rootlon or the said Gido-waD.
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AND tM ~1on 1n Wh10h thO yooflM,fJ!I,t tor 1r~1
ooBt. the-reot s.a to be r.mde,on the 'f8l"1ou8 1)bt.1ons or real
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benOf1't,lkS and tho llt'OpoItlon to bo def'ra1ed out of thO ccnelltJi '
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of' tbO r.nm1a1 pal1ty have been" WO aDOert.a! ned, , ln~, lJ!'tt'~' ;:,~
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an:! 81'e p,.'U'tlOU1arl1 &dtt twt.ll in the sohecJp1.0 ann~e4 t "' .
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AlID wHIRU8 the eaid a14e-1fan hall been oonatrua\fIlS,d'.
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the tot81 OOlt thereot tOlether with the Itreet. comerl,s.ntel'leeU
and street orole1na 1a t.he ISUlIl or 11& ~ed an:S tiftJ' do1la1" an4
e1iht1 one centl (18:10.81) Whiob 1S the amo1Jnt or tbe debt 1nten40lS
to be created by this bJ'-181f of Whioh the IUlll ot fOUl' hUn4rod aM .
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twontJ three dollars and 81ztb four oen'l (1423.64) 1s to be p&14 -
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the rate-p~ers and 1s to be ~seasod up.!?n tbe p2rOpe1't.J bene1'1te1 _ ,\
tMrebJ as set fo1't.h In the sald sohOl!ule and t.he SUlll or t.o bUndr
and twenty seven dollars and seventeen oentl(I22"1.17)be1na tbcrt. '
port1on of the oosts thereot as 11 also sd to1't.b 1n the salt Boh
and tfhioh 18 payable by the said 1!lIm10ipallty.
AND WHl!:ElIAS the sald sum of' BiZ l\Unl1red anlS t1tt.J" do
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an4 e1ihty one oent. haa been raised bJ a tempon 10an,an4 the
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aide-walk paid tar.
AIm WHEREAS thO value or \110 real prope1't.Y of the l'
p~er8 assessable umer this b1-law acoorUlli to thO last 1'09'18
asSOSSllent roll 18 the sum of E1evon thousand s1z hundred an4
dollar.(D:650.00) and the amount of' the whole rareable propen-
of the said r.nm101Jlal1ty aooord1nl: to the last a.sesll!l~ roWs
am ot BiZ l'lImSre.1 an:! twenty e1e:ht thOUllImd tOl)r hundred and to:;!
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three dollal'D (.6~). .!
AKD WHEREAS the 8llIwnt of' eZ1at1112 deben'ure debt of
Bald mun101pal1ty.,eXOlustlVe of 100111 1Jllp1'OVfI!\Ot1tdebts,18 the ..,
seventy thousan! three hUniSred and t.wentY tour dollars and fOrty
cent., an! no part. or either principal Or Interest 1. 1n arreu.
AJ'U) 1IHlmDS the aa1d sm ot tour humred end tWent7~
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dollara aIllI sUty 'tCGr centl (1423.<<54) part or the debt. to"" ..~"
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LO CJ! II l1li -- -:-::'C- ",",.;..,~d
und81' th1l b1-1d^OD the satllU'itJ tit tbe spe01a1 rates Bet'""",:w"
th1l by-laW,81d 1s fWther lUarantee4 b1 the llD>>1101pa11tJ a"'l
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m1fliBRlllAB the probable Ute at the lide-1faJA ii i.
AND WHiaIAS 1t vd.U be nooellW7 to ra110 81'U'&U8U1 4
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I the te1'l!l Of the twont7 yoars nut. after the d8f on 1ft1lob t1111 "01-
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,.' taltes offect b1 spoo1al rat,el t.ho sUlll or TWenty one cSoUars an4
sU oentl (821.86) to t01'lll a sink1ni tund tor tbe payment Of the
and the IlUI'1 or orwenty s1% dollars an! tbree oent. (sae.ol)tor tll
payment or thO 1nterest.,_e up 808 tollows,tor the l1urpl.. Of
the said BUll1 of four hUnSl'G1S antS twenty throe dollar' an4 sUtor
cents (4aa.M) assessed on the said properly,it WiU bo necellla1'1
raise annuall1 tor the sa1d t~rm t,he SUl!1 of~een doUars an4
twont,y two cents (014.22) tor the payl!lent or the cSebt,and the 8UIIl
8Uteen douars anlS ninety four cents ($16.94) for tbe P81tl1ent
tbEl iI1t. areBt, and fOr the purpose 01' pay~ thO said IM!l 01' 'l'Ifo
hWldred 8lllS twenty set'en dollar. an! seventeen cent.s ($327_1.,)
payable by the Y!lIm1c1pal1't.;{,).1. vIlll be neceulU'1 to ra1lo
for the G81d torr-I' of twonW JOBrS,the sm ot soven dol1~ lUll!
five ooots (C7.63) tor the payment. ot the cSebt,an4 the IIUJl Of
douar. and oi~ht oenta ($9.08) for the payment of the 1nterort,. .,
THEREfORE the munioipal oouncil of the TOfIn ot Klno~i
enaots as follOWS;
I. 'ftlat 'lll pl'ooeed1I1iS here1nbe:rore reterre:S too art
hereby conf1rl!led en6 cSeolared to be valid.
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a.'fhat, for the purposo at'Oresn1d it shall be J.awtol
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th1. corporation to borrOlf on thO S8C1)r1t,y ot the special rare. ','
hereby 1JtJpoae:S,the Bum of s1X l'lUndre1 an1 fifty cSollarl and t1i1n,
Gents and for that. purp08e to 1Bsue debcntl11'OS or t.he Q01'Porati~p
t1'118 r.nm1c1pal1ty tor the sum Of sill h1JMrGlS and fifty doll81'S aW
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e1f:hty one cent. (S650_8I)in IM!Ul or not 10S8 than one htJft4re4.c;1
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cSoUare an:1 oach p8fable on t.he 'I'h1rtf fSrs\ da1 or DeCember 1nf.~"
. O:,~!'.a\ p~_ or!-l!..e deb\_~t1!!eBlSed uPon the raai property, O1"'~erna1
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4.'rhat the M~or or thiS aaid r.um10111al1t1 mall
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at 0U1" Lord ~~e4an4tlfent)'t~ an4 1fh10h.4',
ures Bhell have OOlJPonBattaohecS theretott1'r the P81Ment
ereat and that the mOfte.YS BO to be'raised shU1 be apJll1ed
endEd in p~l~ tiff and cS1I10hari1~ the temporary 108%111 hsret
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a1necS tor the conat1"OOtion ot the said sld&oowt\1k enS 1n no Dt. ''-
or for any other pt1rpOlle.
a.'rhat tM said debentures shall bear interest at th
e of fOOl' per oentuM per .mUM pa:able hill! yoarl1 on the th1
,
s or June and the th1rty first days of DeoElmbe1' am as to bOt.
1pal and 1nt.erost shall be payable at the Branch or l1f:tIWl'
~,; Bank Of canada 1n the sailS 'l'OWn of Kincardine.
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8<.'\1d do'hentnres and 1Sspo the saMe an! shill sian the aa1d
erest 0001'on8 an1 caues the said debentures anS 1nterest OOU
be S1l:l1~ lrf the Treasurer 01' the tmm1C1pa11ty and the Olm
.
wnio1pal1t)' 1s htn'eby at1'"hcrized and 1nstructed to attach t
ate seal of the r.nm1cipa11ty t. the said debentures. \
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15.'rhl\t the said debentures shall' be dated ana lSBU .
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one t1r.te,nnd the SaMe shW. be issued within the tine sul'U1&i.
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section 3134 ot the consOlidated mun10111al aot or 1008. J\
e.!t1at d~ twenty years the currency of the JI '
ibent"res to bo 1ss,,01 "mar this w..law tho aum. of twenty onef)
nara enS e1aht)' sU cents <121.86) shall be raisd amuaU1 ~
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a s1nk1~ fUnd tor the payr.\e!\t Of thO debt,and the s_ or',i'
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dollars am three cents (tOO.OS) shall be raised anrroa117 f'9:
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en:t 01' the 1ntoreat,l!l8k1112 in all an annual Bt1lll or tort,. set,'
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ollan and tUht.y n1ne oents (147.89) 1fh1ch said amoal 8UI!l -"'f;
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lev101 and raised all tollowa, 'rhe SUI'Il at t~\.een 401lara ~j,
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enty two cent.a (114.21) shall be Nse4 annualJ3 for the 11
:l that part. at ~t1.~ 4e'bt aeBesaed upon the raal property 01': oa\at
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etJ.tea.an4 the sum of e1&teen cSouare and n1net,f twr oentl(
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the poy1!18r1t. of the 1n~erest thereon,lhU be ratsed annual11.
:J.21li an annual Bur.l IJf tb1rt.1 one doUaI'S am sateen oent.s (lax
for that. purpose t.he special rat.eD per fOot. f'rOnt.f\6t8 Bet. fort. '~.
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he sohedule hereto anne.le:i ( whioh 18 hereby 6eolared t.o be end ~.
art of th18 by-:t,a1J) are hereb7 imposed on the real propet'tY Of t \1
at.e-pa;rers 1'3ont1oned and doeor1be:1 there1n,8CDord1nt to t.he
hereof,over and above all ot.hJr rat.es a~ taxes,ana Wh1ah saieS
Dpeo1al rates aro wff1cent to proouoe eaoh year,t.lIe IMIl 01' thi
one dollars am 8ixt.een oent.s ($3I.I6~ and shall be amroal13 '1M
in tlle (lolleCltor'D roll of t.lIe said l'l1.m101pal1t.:f and &hall be P
to nnd oollect.ed by h1n in the Barte M<'Ulncr as tho ot.her' rates ~
sa1d rolls,and the fUrther sum of seven dollars aDd 81%"1 five 0
(17.00) !Shal.l he rained annui\lJ.y tor t.he paynent. 01' that part. of
Baid debt to 'be paid by t,he ~1"tl()1pal1ty,and the SUl!I of' nine 40U
and e1aht eent.s~I9.08)for the paynnnt. of the 1J1ter'3st thereer\ ~J
1n all the s"m of auteen dollars and seY'enty throe oent.s (~I8.~'
Vfh10h shall be 10v1ed and raised am1l),i\llY by a s'pooial rato \\
(suft101ent. thereH1')over and abOVo aU ot.her rates on all the..:"
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rateable pro!let'tY <11' the said 1Tll10101palit;{ at. t.he sane t.ine and i
t.he sano l'lal1ller as all ot.her rat.es.
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': speoial rates sot,t.lod bY t.h1s by-law be and t.he sano 1s hereby
doolared t.o be l:Uaranteod by the Mlln101J1al1W at larco.
8. That all r.lon8:fs ~.1~ 011t. of the said annual
BP0CI1al rates shUl be 1nY'est,od by the TrtldSUrer under resolution-
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t111s OOl.1nCll frOll1 t.ine to tine ';:'8 the lai1 enacta,
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the thin)' first, day at December A.D.l004 the real. propert11.l)'fie\
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apeo1all7 a.sossaU tor the oonat.ruotion of t.he saieS side-"aUt "
be ~t. to the e%tent. ot a1~Y pOl.' oerrt.UIll of atf1 aeneral rate
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9..That. dur~ the per1o:i or 'l'..enty 10(\1'8 C<rll'!lono1na'f\
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IlL~tLV'J- Cokau, d.o clo ;~If r:b.d.o. So it,... ~OQ .51 $1
1i. llt~ ~~ow ~o 'Wo S~, ,1\)" I ~S! L, ":, ISo i IS 11:
to'" ~~ '1\)0 'Wo to ~t k)o I So: (p q i ~oo :'1 :bi
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~~ ~o -;;:'0 1 ~o~o, 50' to., I 500 I St~~
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k\Q ~~ ~ ~~ r,\)o ~ 0 'iiJo 2 i*~ It, II I !fqSt. Ll~ L
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. 3 dl.1 ~ k.Jlcwu:.oll , A~ .......1011 :r.rdtj '4 l~ ! Ip" ~L : 41 ,
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~G 50' tv I, I 500 I St, So, ~!DS 4 i~5\ID~1 ,I 0/,,1 12(., 2.1 YJ. ,\1,.2, ! 70\' o~-'ir
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