HomeMy WebLinkAboutKIN1911-590 Schedule by-law no. 590
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AND WHimFis 1t han been o.Boertalnod"and dBtel'ninAd \ln~o1" t.he t
provillionB of the Baid by-In.. nUlllber 310 duly panned in IIllUUle1' I\fOl'BfJ1li1
and 1n BOO'- rdanoe ,with .tl'ltJ 1)ro'l1cions.of tho stlJ.tut~D in tllS.t hohnlf,
that the said Pet1 t1~nero, Hro over two\:J1,1rdB in nuclOllrot the, o,,"orB
and represont more,thannne ,half in vRlu~ of' tho roal property to be
b3n~rited by hhe said oement o1dewalks acoord1nG to tho laDt rev1sed
a08ssement roll of said Uunic1pa11ty and thAt ths rsal property 00111-
pri sed with1ntha fellowing 111111 te, that io,to .8ay, All proporty tJtJt
fronting on tho.t cortain part of the North Biue of r.urham Street lyin~ i
between the EaBt eide of Prinoess ~treet and tho H1~~ ~ohool.and all
proporty t'ront.1nr; on thaI oel'tr.1n portion of the south Bille of' Dul'hB.lll
streot ly1np.: betwfl8n t.he wost Bide of Queen Str'eot and the Aaet Bide of " -
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Huron 1'errnc9 r,treet. 1B the real proporty l~~odlately benefited by tJi'6,!,t\,,"
oonotl'uction of th'3 Baid eidewnlk or Bir\ewalkB, ,',.,
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A BY-l&" t.o provide for berrowtnE'; monay by the
iBBue of debontures of the fown of Kinoardine for
the oonIJtruat10n of u. oSIll3nt or 19' ano 11 thio Bide-
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walk on purts or Our'ham Stroot in sdd town here-
inafter lIIont1cnad,
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\':B"n:uc l.I':ORUe: OOLE' and others'he,'/8'dUlypetitionlld "tor the'
granolithioeidewalk on
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iy1ne betwo'enthe East
t.hat part of the
Bidl) of Prinoello
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North Bil\e of 'OurhlinstNot
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&treet and the High ~chool.
A!lD Wn:J:llli:A::l W. J. BRUCE nnd others have' <<luly peti tioned for the
conlJt.ruct1(m of uoelllont'or
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gl'anolith10 Bidewalk on that p~rt nf the
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ly1ng between t.he Ueet 'aide of Queen street
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!lOU' h sido of D\lrhnm 'Stroet.
and the Rant a1do of'l1ur'on"Terrn38 :.3treet
^liD \mr;:R~SbothBa1d petitions ware wider ths provisions oontained
1n ~y-~aw numbor 310 of the Town of Kinoardine and whioh was tinnIly
paGGed (after the aDGent of thS elector'B had baen duly obtained thel'sto)
on the Twentieth day of January M.D. IB96,nnd the Counoil of this Uuni-
01pal1ty han deemod it uxpediant to gront the prayer of Baid _l'et1t10ns.,
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AND WHEREAS tho proportion in which the assossment for the final
cost thereof is to boondo,on the various portionA of 1"011.1 estate 00
benefited and the propcrtion to be defrayed out 01' the r,Bnoral fun~s 01'
the said Uunicipality have 11.100 been ascertnine~ in mann~1" aforesaid
and are partloularly set torth in the schedule annexod to this by-law,
AND WHp.n~S the sai~ sidewalk has been sonstructed and the t~tal
cost thereot together with Ule street oorners,1ntorseotions and street
crone1ng hnthe surn'ot'S1x hundred and eighty seven dollal"8 and ninety
tw~ oenta,of whioh ~ount Seventy elF~t dollarD and eighty f1ve cents
haa boen pald in oOBh by proporty holders and said corporation, leaving
a balance 01' Six hundred and nine dollars and seven osnts ($609.07)
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whloh 1s the amount of the debt intended to be created by th1s by-law
ot whlch the sum ot Four hundrod and seven dollars and e1ght cento
($407.08) 1s to be paid by the propert owners and 1n to be asoeRoed
upon the property benetited thereby as set torth 11'1 the sohedule hereto
annexed,and the DUIIl of Two hundred and one dollarD and nlnety nine
oento ($201.99) 1s to be paid by the Munic1pal1ty ae 1s 11.100 set torth
11'1 the B 11.1 d sohedule,
AND WHEREAS the Bald SUID ot S1x hundred and nlne dollars and
Bovsn centl has be In railed by a temporary loan and the Da.ld si~ewalk
paid for,
AND WHEREAS the,value of the real property of the property owners
or ratepa.yers assessable under th1s by-law aooording to the last revised
lL8sessment roll 1s the, sum 01' Twenty thousand nine hundrGd dollars"
($20.900.00) and tte amount 01' the whole rat~abl~ property of the Dald
lIUnio1pll11 ty acoordlnp: to th~ last rev1eed IlSOeSB!Dent roll 10 the BUIll or
Six hundred and seventy thouoand tour hundrod and thlrty rlve doll~
(8670,435.00)
AND WHEREAS the amount of the exlot1ng debenture debt of th~ said
Munlc1pal1tY,exolusive ot Local lmprovement debt,ls tho sum ot Nlnety
one thousand and ninety two dollars ($91,092.00) no part of whloh for
either prlnolpal Or interest is in arrear,
AND ViH[J;REAS the sal d 8Ur.l ot Four hundred and oeven dollars and
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AND WHEnE:.\S it wUl btJ ntJcl'lt]qal"l' t.o r:l.1nG !\rI1Ul\lly durinI' the terrD i
of thtJ tWflnt"f Y'lnrll nerd. attAI' tJltl day on whlo~1 thh bv-lo.w takeR effeot
by llpetohl I'l't'B fer r'l\yillr 11I11d rlebt ano1 Int9rcot 0.13 hllr'l!in pl'Dv1dBd
thtJ Dum ot F1f'y thrtJtJ dollnrA and o1r~t~on canto (~fi~.lfl) ot whioh
amount tho share or part of said propoty ownera io the Bum of 'hirty
five dollars and r1fty oents,an~ the B}~l'e or part of Raid Aunio'rality
is the Burn of :.lsvent,en dollll.l'Q and B1xty eiel1t. oonte,
rateo he~by ir,lPOBocl. thA 31111l nt .ax llundl'ecl ,llll! n1no dOllars and se'/en
oantB,and for thst purpo~o tn 1asue dohont~eo of thB ~orporatlon or the
sa1d 'rown of Elncard1ne for the flUO 01' tn tr,o a.:~ount Of r.1x hundred and
~ dollaro and seven oente in sums of not 10:ls than Une hundrlld donal's
eaoh and eaoh payo.ble on t.he 'lh1rty first d~yot Uecember 1n the teal" ot
our LOrd one t.houoMd nine hundred and th1I't~. l:I:= an:! 'Ghloh Bald deban-
tureo shall h&'/Q attll.ohflrl OOUpOIlO tor th<l pa.yr.:ent of InhreBt ,and that
noneya ot.) to bo %"Il.J!'IM aho.ll be '3xp!lf\d~rl 111 pay1np; oft\nd dlsohl\l"r:ine th"l'l,\l;
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t.emporary loans hcretofCl%"t' obt:\lned t'or thl) conut.M1:3t1on of fldd oldo""lk ,\'
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und in no othQr I.uy Or l'C'r any other purpose, '! (
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eilht oent.s (~07.08) part ot the debt to be oreated undo," thIs by-law
1s oreated on the seourity of the opeo1al rates oettled by thin bY-la",
and 10 fUrther r,ul1l"anteed by t.he Kun101pa11ty at 1arre,
AND I'IllER:!:Al; the JlI"obl\ble lifeUme of.' the oaid s1.1e"o.lk 18 tho tel"J:l
of twlln t:; 70ars,
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^ND ~mSREAn 1t 10 expodient to raise tho eaid 8U~ of 3lx hundl"ed ann
ninIl1011a.ru IUld seven OtIDto' by uabentures of the C"rporat.!on of t.he
Town 0: Klnco.rdine,
THgRF.FORE the ~un101pal Counol1 of the Corporation ot the Town
of Klncardine enaots a.8 fOlloWB,
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1. Thllt all tha procos Hnp:a hereinbefore refsr~od to are hereby
oClnt'll"llled and daclll,rod to be vr.lid,
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~. lbat for tho pUl'POD6 afore.14id 1t !!hl\ll b'l l!\V1t'ul 1'01" t.ho ":orpor-
ation of.' tho "own ot, l\ nOl\rt\1ne to bo~" on thfl SlJou!'ity "r tll" speoial
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B. ' A Bpeo1al1"8.te i8 hereb1 impnsed on Rll the'rateablo property in :1-;
the, Town 01' K1nclll.rdlne ,over ani above 11011 other l'e.tes and taxes,wh10h i'
opeo1al rate shall be suff101ent to produce ln eaoh year th't eu.':! of '~.
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seventeen dollarS and e1xty e1rht O<mtB (S17 .68) and 01\1111 be 1noertld 1rtt~.
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the collectors roll for said 'Jlnm of ttlllCo.rd1ne 1n each Yl3o.r fat' the next i.~
Qucceeding twenty yeaI'll ,dur1nf:' tho Ufetime of eaid debenturos,lUld shall i {
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3. that sa1d del1flntUl"eS "hll.11 ~eal" 1nter19St Ilot tho t'ate of five pftt'
oent per annum payable yearly on the th1rty first lllLY of UeClll!lber IUld
both principal and tn~ot'e~t Bhall 'ho mnd" p~~Rblo nt th~ brlUloh nt'
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agenoy 1n l:1noard1ne ot the ~~ Ilnnlt of Oano.',1a,
4. '1'ao1\ at' Baill liabmtureo alllLll be oi/r.1lllc1 'hI tho L111y()r of tho
'lown ot' lanoard1ne and bY' the ~reaaurllt' thElrltof n.ni\ th" 010'1'11; 8hall
attaoh to sald debentureo the Uorporato oo~l of'Ra1d'Utlnioira11ty and
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each of odd coupons eMll be dOled by thasBld1!l\Yot' and Treaouret',-'c-
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'that eald del-anturen oMll an I,l') dated an [1 imJUed at nne t1rr:e
nnd nith1r. tho tim~ allowod by ntatutn therefor,
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Durin!! ~h8 CUr'X'f1noy ('It the ilLlld debent1.lree t.here Bhall be raiaad
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annuallY by Dp-Jchl 1"8.to on nll tho ratoabls property in ths said 't('l'lll\
sixty eight
(If KinclII.rdlne tho sum, of' Iiovontl'lon dolll\rR and .Z3Kty lUZ cents tor tho
:pUrpOBO of payinK tM propot'tJ. on of the :38oid L1un1oipal1 ty of tlV) &I:Iount
due in eaoh ot ~he sa1d years for principal and interest in respect of
the said debt.
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7. During ,thu ourrency of Daid debentures th,re ~Iall be raised by
special fronta~o r~t.,on all tne ratdabl~roperty herHlnbatore partiou-
larly set cut,and boin~ the real property or astute benefited,tho SUM of
thirty'five dollaro and fifty cento (~3~.eO) tnrth8 purpo06 of payin~
the proportion ohargo~b13 against thB Raid proporty,ot ~le Bn1d debt,
such 8Ul:l to be raioed annunlly tor pr1noipal lUldlntorest,
be payable tc and collectcd by the Col13ot.or in t.t.e Gallle way lL!S ot~\or
on thA Baid Roll,
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9. A special rntlJ ot twenty nlne milla pOl' toot frontags i8 hereiiy'. "
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, :l~poood on tM re-\1 flT'or'"rty above d"3oribe~ and beniJf'H,ll1. on the llot'th W
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aide ot Durham Utreet BS atobes&ld,and a apeoial rate ot thirty tive
mills per foot frontage is hereby imposed on the real property above
desoDibed and benefited on the southside of Durham Str~et BS aforesaid,
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Qooording to the trontage thoroot over and above all other rate8 and
taxes,wh,oh BBld Deoial rates shall be suftioent to produoo in eaoh yel1r
the Bum of Thirty five dollars and rifty oentD ($35.50) and shall be
ennunlly inserted in the COlleotor's Roll tor said Town at Kinoardine
1~ eaoh year for the next suooeeding twenty pears,durin~ th~ ourrenoy
of said debentures, and shall be payablo to and oollected by the Collsotor
in ths same W/J.'l/ &IJ oth.u' rates and taxes,
10.
That ~urinB the p~riod ot twenty years ooomenoing trom the
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thirty tirst d~y ot DeAomber A.D. 1910,the real property to be speoially
assessed for the oonstruotion Of the said sidewalk aha1l be exempt to
the emtent of sixty per oentum of any general rate or Bssessment for
the like PUr']'108lt,8XClspt the oosts of works or 100al lmprovolllBnts at thll
interseotlon of t~ .troets and exoept luoh vortion of the general rate
as may be impossd to meet the oosto of llke works opposite real property
whioh is e.empt tram lJuoh spllolal lIo8lOBsmant,
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11, That by-law shall oome into foroe and take stfeot trom and
after the passing thereot,
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Dated and passed at the Town Hal1,in
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the Town of Kinoardlne this
A. D. 1911.
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day ot
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Mayor,
Tom Cltlrk,
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