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@Municipal Worid~ - Form 1'118
>+ Reg. T.M. in Canada. Municipal }Vorid l1ic
Tiie Draitwgc Act
R.SO. 1990, c. TK s. 5 (8)
R.R.o. ]<;90. Reg. 1032. Form 9
OFFER TO SELL
TO THE TREASURER OF ONT/\RIO
The Corporation of the Municipal ity
2008-10
of
Kincardine
hereby offers to sell Debenture No
in the principal amount of $
56,900
to the Treasurer of Ontario as authorized by Borrowing By-law No.
2007-003
of the Corporation
The principal amount of this debenture is the aggregate of individual loans applied for and each
loan is not more than 75 per cent of the cost of the drainage work constructed.
An inspector of drainage, employed by the Corporation, has inspected each drainage work for
which the Corporation will lend tile proceeds of this debenture and each has been completed in accordance
with the terms of the loan approval given by council.
A copy of the Inspection and Completion Certificate (Form 8 of the regulations under the Tile
Drainage Act) for each drainage work, for which the Corporation will lend the proceeds of this debenture, is
attached hereto.
October 1, 2008
Comorate Sea!
Date /'\ /)
-T, \...- >. "'--<~>;' M/\J' P
Signature of Treasurer
Municipal World" - Form 1113
* Reg. T.M. in Canada, Municipal World Inc.
TILE DRAINAGE DEBENTURE
Tile Drainage Act
R.S.O. 1990, c. T.8, s. 3 (1)
R.R.O. 1990, Reg. 1032, Form 4
$ 56,900
No. 2008-10
,Municipality Kincardine '
The CWftoratlon of the , . . . . . . . . . . . . . . . . . . . . of . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. In the County of
. . . . . . . ~c.e. . . . . . . . . . . . . .. hereby promises to pay to the Treasurer of Ontario at the Ministry of Treasury and
Economics, Toronto, the principal sum of $ . . 56,.900 . . . . . . . . .. of lawful money of Canada, together with
interest thereon at the rate of . . . . ? .. per cent per annum in ten equal instalments of $ . . .7.7.39:?~ . . . . . . . . . . .
1st October . 2009 2018 .,
on the. . . . . . . . . . . day of . . . . . . . . . . . . . . . . . . . ., In the years ..... . . . . to . ....... ,both IncluSive.
. . . Municipality Kincardine
The nght IS reserved to The Corporation of the ................ of . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
to prepay this debenture in whole or in part at any time or times on payment, at the place where and in the money
in which this debenture is expressed to be payable, of the whole or any amount of principal and interest owing at
the time of such prepayment.
This debenture, or any interest therein, is not, after a Certificate of Ownership has been endorsed thereon by the
Treasurer of this Corporation, or by such other person authorized by by-law of this Corporation to endorse such
Certificate of Ownership, transferabie.
D t d th Municipality f' Kincardine . h P' fO t' h' 1 td f
a e at e.................. 0 . . . . . . . . . . . . . . . . . . . . . . . . . ., In t e rovlnce 0 n ano, t IS S ay 0
. . . . qc.t~ge.r. . . . . . . . . . ., . ~09? .. ,under the authority of By-law No. . ~~0?~~0.3. . . . . . . . . . . . of the
Corporation entitled "A by-law to raise money to aid in the construction Ofnage works under the Tile Drainage
Act." d~ ~
M'. l"'0"" ,." .~_ TIH~~ln f/~
--J a L-...c c\.~- ~0~ v
Treasurer
The Corporation of the Municipality of Kincardine
SCHEDULE 'A' to By-law Number 2008-147
Proposed date Sum to be loaned Annual rate
Name and address of owner Description of land drained of loan $ to be imposed
$
Lyle & Debbie Stokes Part Lot 'I' Concession 12
2550 Reid SR Box 345 Campbellville ON LOP 1 BO (geographic Township of Bruce) October 1, 2008 $22,000.00 $2,989.10
Rod & Sandra MacGillivary Lot 16, Concession 11
3074 Carmel-Koch Baden ON N3A 3S3 (geographic Township of Bruce) October 1 , 2008 $34,900.00 $4,864.07
* Total principal of debenture and total sum shown on by-law TOTAL $56,900.00
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MunicIpal World" - Form 1113
* Reg. T.M. in Canada, Municipal World Inc.
TILE DRAINAGE DEBENTURE
Tile Drainage Act
R.S.O. 1990, c. T.8, s. 3 (1)
R.R.O. 1990, Reg. ]032, Fonn 4
$
57,800
No.
2008-10
Municipality Kincardine
The Corporation of the ..................... of . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. in the County of
. . . . .B:~:~ . . . . . . . . . . . . . .. hereby promises to pay to the Treasurer of Ontario at the Ministry of Treasury and
Economics, Toronto, the principal sum of $ . ?~,.89Q . . . . . . . . . .. of lawful money of Canada, together with
interest thereon at the rate of . . q . . .. per cent per annum in ten eQual instalments of S; . . ???~ -.17. . . . . . . . . . . .
1 st October . 2009 2018 ..
on the. . . . . . . . . . . day of . . . . . . . . . . . . . . . . . . . ., In the years .. . . . . . . . to . ....... , both InclUSive.
Ther' ht' dt Th C t' fth Municipality f Kincardine
Ig IS reserve 0 e orpora Ion 0 e................ 0 . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . .
to prepay this debenture in whole or in part at any time or times on payment, at the place where and in the money
in which this debenture is expressed to be payable, of the whole or any amount of principal and interest owing at
the time of such prepayment.
This debenture, or any interest therein, is not, after a Certificate of Ownership has been endorsed thereon by the
Treasurer of this Corporation, or by such other person authorized by by-law of this Corporation to endorse such
Certificate of Ownership, transferable.
Municipality Kincardine .. .,
Dated at the . . . . . . . . . . . . . . , . . . of . . . . . . . . . . . . . . . . . . . . . . . . . ., In the Province of Ontario, thiS 1 st day of
October 2008 . 2007-003
. . . . . . . . . . . . . . . . . . . ., ...... , under the authority of By-law No. ................... of the
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