HomeMy WebLinkAboutKIN1928-961 Tax Levy_r
BY -LAN 110. b,
A B -Ltlw t
Y o provid for b orrowjnq- �2�,p00.nn- „,,r.., a -t --
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L.F. 30 - -Rev. IS Jnnuary 1923 545 rr
OUT.
ONTARIO MUNICIPAL By-LAW ryJ
PoaCURRaNTExPENDITURS-
CONSOLIDATE 1972. D MUNICIPAL ACT, Z
BY -LAW Fe.
This tom, say he WJIHREAS the taxes lev ed or to be levi for the current ordinary expenditure of the Corporation of the '
adopted to tt,rmhtn for the year 19Z 50' h ave not been collected, and there is or
for hrons as in ��{jW of
meet the turtenl
ordinary ex=d will be payable in respect o! each taxes a sum sufficient to authorize the borrowing hereinafter provide or. •✓
tared any munkl• VII81lEAS the 4,0K, eet I of tine said Corporation deems it necessary to borrow th m e out” '
a.lny In Ontario.
N — � dollars to meet the now current ordinary expenditure o[ th
said Corporatron, and tt a to authorize the borrowing of the said sun' upon the credit of the Corporation;
(Wallet amm�m of AND li n sa the ordin expenditure of a M icipnlit for the year 0 0' was d"j/ y
ollan. of (I)
last Ytwr'a ordin(ry 4 �f[� � in
expenditure. N \ /',,/ row ton" the
- A�Il R EAS nD sum h I or is now outstanding in rc xct o anY B
current ordinary expenditure of the Corporation for the present year, except (Y) Tor. d, .1
171 were Kate other Ile f�' Tn_ EMLFORE SNA he Municipal Council of the Corporation oft the
amunnu, if any, p .{{- / ,/ nx foIIDN'S:
,egdy Worried.
and from whom. 1. 1'he I lead or Acting V leati for the time Icing, with the Treasurer of [he soft Corpora n,'ehereby Ru or can
d I
❑
ized to farrow in one oc more aunts, ns the enure may be required, bran t 1 ark o tr ma r called J
Rank, an amount not exceeding in the ngggrtgate the said enm of yam' J]
dollars, Ixing the amount which the satilCouncl m 1 t
current ordinary expenditure of the said Corporation until such tints as the taxes le eel or to be lutes theref
be Coll ected. with the Trenaurer nlorea�id, shall have authority
7. Tile I lead or the Acting Ilcad of the said Carporotion,
1
ime to Illy or allow the said hank imcrest en the said sums w lorrowal such rate or rates as may to from t be
ISOrre
title and 1 /1:1Y ro wed, 1:1Y at,() elf th riterC t I1L g 11t prnitalAAUry 'I I CA! COx'Caaata�Rrt`anCnte ar oft e
Corporation as Islay be raptircd by the Rank to Le giycn as security therefor.
3. Any Promissory Nate or Notes, Covenants, agreements, or other vouchers Nhich may he so given, maybe ( l
scaled with the Corporate Seal, and signal on Ixllalf of the Corporation by the I lead or Acting Ilead and "I er
other
thereof, and duly exacted and delkerel to the Rank, and slid note or notes, covenants, agreements, or other
thereof, shall ohliea the Corporation to repay all or any of the said along ea to he borrowed, together with interest
f thereon as aforesaid, at such tomes as n'ay be agreed salon.
4. If the amounta to he paid by virtue of any such note or notes, CovenantA, n other vouchers
shall not have Imen fulls' paid tit maturity, any bother note or notes, covenants, agrcements or other vouchers, may
eate t
be executed as aforesaid on behalf of lire Corporation and delivered to tiro Bank by way of renewal of the said
obligations in whole or in part, and shall obligate the Corporation to repay the same with interest, if any, in
accordance
with their respective terns.
S. The Treasurer is hereby authorized and directed to apb+ly so much of the said laxt w to be lee[ as
may be necessary in payment of the obligations of the Corporation creatal as aforesaid.
Read at first, cond and third tit anti passed in open Council this
day of
Q" l9
tat Neeve f9s iEltnes to corporate Seal of the C ration and the signatures of the (3) ,
W other head and Clerk thereof, r
Arline Head d
(' "" Clerk. i
r
"I ! Ct[lif. At t is fof� oing i a t sac copy l
f a y-aw sscd ay LY tile Coup f�c�n�icipal "!C(`o/rp�yodda of (�
of the Q
on t4' G("' "_�. �/ of
sue" a T
Bibrn und.ryt ban I . d the seal of tile oiid C r ratio 19
l D
�. this K� - �-
i .�
1 Srel. ................ Clrrk.
SWe. —Ro Prmni,nry \ate oe arbor un,la, aline to Iw given Loin thee to tier: hereunder nay he for a Ica mm lion 150
fit-
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20
' BANK OF MONTREAL
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Y oe 5b•,�
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5 v_eE g & •�
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BRANCH._ /. I'`•�� -lW ...... / ..(LW.C..I...
BY -LAN AUTHORIZING THE
BORROWING OF i14444. ;- .•••
FOR CURRENT EXPENDITURE
FOR 19.l.f
BYLAW ro...��...�6.. r
MUNICIPAL CO RA
,(su
Read a I "t
" 2nd
3rd
Introduced by .............................. .........._.........._........_
i •'
Dated, ......... _..... . ............ . .................. .-..... ..............._........ID..._„
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i L,r, 10 —Rev. ISt�Janwry ifti
ONT.
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BY-Law to Provide for borrowjzjR U
z7L
7fw
EAL �'V i' ��'L�G'�u7u � �� D�j� , `
VG THE
MITURE
a
LTION
.... Y-r 19.2-
.. .. 19.7,
... 5p. .f
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