HomeMy WebLinkAboutTWP 89 030 Pro Bylaw Tile Drain
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BORRCMING BY-IAW
For use by Municipalities not within District or Regional Municipalities.
FœM 1
THE TILE DRAINAGE ÞCr, 1971
section (2) I, O.Reg 327/71:
l\mended by O.Reg 843/75
BœRarrNG BY-IAW
of
THE <XJœœATICIiI OF THE
~ OF KINCARDINE
BY-IAW 89-30
A By-Law to raise $200,000.00 to aid in the =nstruction of drainage works
under the Tile Drainage Act.
The Council, pursuant to the Tile Drainage Act, enacts as follows:
1. The Corporation may fran time to time, subject to the provisions of
this by-law, borrow on the credit of the Corporation such sums not
exceeding in the whole $200,000.00, as may be detennined by the =uncil,
and may in manner hereinafter provided, issue debentures of the
Corporation for the amount so borrowed as provided in the Act payable
to the Treasurer of cntario at the Parliament Buildings, Toronto, which
debentures shall reserve the right to prepay the whole or any part of
principal and interest owing at the time of such prepayment.
2. Where an application for loan under the Act is approved by the =uncil
and the inspector of drainage has filed with the clerk an inspection and
ocmpletion certificate, the =uncil may include a sum, not exceeding
the amount applied for or 75 per cent of the total =st of the drainage
work with respect to which the loan is made, in a debenture payable to
the Treasurer of cntario in ac=rdance with the Act, and may approve of
the Corporation lending the said sum to the applicant.
3. A special annual rate shall be imposed, levied and =llected over and
above all other rates upon the land in respect of which the money is
borrowed, sufficient for the payment of the principal and interest
as provided by the Act.
4. By-Law 88-23 is hereby repealed.
Tile Drainage Act 1980 c.500
First Reading this 21st day of August 1989
Se=nd Reading this 21st day of August 1989
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Head of Council
¥A.u/~A."J:¿
C rk-Treasu
Third Reading - Passed this 21st day of August 1¥ ~......"
Head of Council
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2 59 6 91 (1), Registry 129
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(2) Page 1 of 2 pages
(3) Property Block
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(4) Nature 01 Document
BY-LAW
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PlanlSketch
(b) Schedule lor:
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Addluonal
Parties 0 Other 0
(8) This D_t provldel allolkJws:
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SEE SCHEDULE ATTACHED.
Continued on Schedule 0
(9) This Document _lee to ina"""-t ...mber(l)
(10) Patty(Iee) (SeI out Status or Interest)
Name(l)
~E CORPORATION OF THE TOWNSHIP
........... J...,..............................
OF KINCARDINE
Signature(l) [)¡Ite of Signature
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(11) Add""",
IMSfiriœ C/O 313 Lambton Street, Box 388, Kincardine, Ontario N2Z 2Y8
(12) Parly(tes) (Set out StatuI or Interest)
Name(s)
Signature(s)
Date of Signature
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(15) D_t "'-"<I by:
GRAHAM E. MAHOOD
Barrister & Solicitor
313 Lambton STreet, Box
Kincardine, Ontario N2Z
388
2Y8
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Newsome and Gilbert. Limited
Form LF1333 (1/85)
April,1985
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AFFIDIWIT OF CLERK
TO WIT:
I, Muriel P. Eskrick,
of the Township of Kincardine, in the County of Bruce and
Province of Ontario, Clerk of the Township of Kincardine,
MAKE OATH AND SAY:
1. On the 21st day of August 1989r the Council of the
Township of Kincardiner passed a by-law for borrowing
money to be lent for the construction of drainage works,
being No. 89-30 and entitled "A By-Law to raise money
to and in the construction of drainage works under the
Tile Drainage Act", a copy of which certified by me is
attached hereto as an exhibit to this my affadavit and
marke exhibit "A".
2. A certified copy of By-Law No. 89-30 was registered in
the Land Registry Office for the Registry (Land Titles)
Division of Bruce (No.3) on xKe S~ptember 8, 1989.
3.
No application or action to quash the by-law has been
made or brought.
SWORN before me at the
Town of Kincardine, in
the c~~ of Bruce,
this /, day of ltK,Kst,
1 /~ September,
r~~
A Commissioner etc.
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