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HomeMy WebLinkAboutKIN1937-1172 Borrowing $65,000 until taxes are collected r - -- ; \ \ I \ I I i i --"-'-"+"~I-- -"-. I I _'__'. ~-----:--",...._.- " -- - ...........~-,---~-- --r--;---'l" ~_. -~- -..... 1933. Current June. Municipal By-law for Expenditu..... 3)40)4 Pronl8d In c.n.sa. --~-_. 30th ,~--'--- LF.1D Rev. Ont.. r '1 iT- .::."l;;;:bc...:',-~'~ _L~-'-''';;;;''-'~;:' - . ,u..c_' i I . , . _ I, I, \: II , ~ .- ...~ . nl' - ,---- I. ,I' I ~ I "..., ....t,.-,. ....t'. --1-- ___~--L-..L- -': --- _~ l' " ' , 1 ' __~ I : =+ " ,-'--r-r-' --l.' _____.__J-- \ .: i I .~ ; I :- ,.-. j-'----"l I ; ! ; .; '~:~--~:~l":==tC-=I'~- : ;_m-f'~=d-J1 -,___ I l .' \ ~J ~. ~ ~ ~ ~. . (.~. .' ,. ~ ~ ~ ~\ :...... 1;-.; ,. - r :' , I I 1 I I I Municipality of. !rOWH01!'mXnau..RDINE BY-LAW No.... ............U'l~....... ... ..... ......... A BY-LAW to authorize the borrowing of $......05.000..00..................... WHEREAS the Council of the Corporation deems it necessary to borrow the sum of ..s1X1iy.Jr.~Y.~ ...');P.-.9.:o,!'l.~/!-... ...... ~ .~.~.~. .~.~. ~. ~.~..~. .~. ...... ~.~. .~. .~..~.~. ~..... ~ .......... QojlP.O..dollars to meet, until the taxes are collected. the current expenditures of the Corporation for the year; AND WHEREAS the total amount of the estimated revenues of the Corporation as set forth in the estimates adopted for the year 193.6.... not including revenues derivable or derived ~~T~ I=~~ from arrears of taxes, borrowings and issues of debentures is ...B1.nety..F1ve..Thousand ,.""".... for the ......n',r.:. · .... I :r,=", ,.':~ _ _._Bu..lluDdred..and..F.1.f:t;y:...'lwo.u...........__........._.......__00 .~OO..dollars. e9!" AND WHEREAS the total amount heretofore authorized to be borrowed this year for ~IEi.rI~= the purposes mentioned in subsection (1) of Section 334 of The Municipal Act is....JUxt)'....... B~LA.I&) _ .. ,..... ~.~:v.~...~.o.~~.~.~....!.~..~.~.~..~..~..~..~..~.~..~..~..~.~..()()jM;lfilars. of which the Corporation has already I I , i I , ! i , , , I ....dollars. the Corporation to the.....................!OWJl. follows: behalf of The Head and the Treasurer are hereby authorized on ...~....... ,........nn..""tion of borrowed a total of........................--.............liO 1. of , --! ~ \ I -~------~ o for nterest at a rate J per annum, which may be paid in advance or otherwise. The c~uncl1 of the said C~rpor~tion hereby confirms the borrowing of al sums borrowed for current expenses from the Bank of UODtre~~ 1n excess ~ of amounts heretofore authorized to be borrowed by By-LaW, and declares~- the . . . taxes are collected. MonJ~aJ the aggregate. Sixty..ll'1ve ..Thollse.nd.......... ........ .~.~.~.~.~n~..~..~.:..~..:..~..~..~.~.~.~....~.Q_g/~9.9......dollars to the Bank of the unti from meet, no to prornissor by 'Way_of tin"\O. in to not exceeding ti~ from bOl"row sums the for the amounts required ncluding year. the for Corporation the of expenditures current the Cor- of behalf on to give, 334, and said Section the of (1) in subsection purposes mentioned _~..~,~:..,..'F: ~, ! '. '. 1 ..oj'.' : . . " '1" ..I.,:.~;.~,k :,~ ~ f ~ ......::1' ,I .~..__.''''''-' Ii fIl~:r- ...::,r , ..," and signed by not exceerling.....4...3/4...per centum the corporate seal or notes. sealed with to the Bank a promissory note with tho moneys so borrowed poration, them " 1"!'l_I!lIilI'I;'I!l!:I'!I'~Il:'! "_ '':;'.!1''--;1I \ i ~11~ , r , ....,..... i I i , ~.:..: .. , ., ;:"f \, , 210 l/l2 ~ i L ! , . " 111: . ,~~ ~ \ 'l,lti.. i::~1 .: :i . '.< . t i:J~;'L:"~ :_;;"! ~V} -- x" ...~.. 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