HomeMy WebLinkAboutTWP 97 026 Tile Drain Loan (x2)
.,., ',..-:
,.
.
.
FORM 1120_I_MUNICIPAL WORLD LIMITED, ST. THOMAS, ONT.
.
RATING BY-LAW
The Tile Drainage Act, 1971, Form 11
The Corporation of the
TOWNSHIP OF KINCARDINE
By-Law Number
97-26
.
By-law imposing special annual drainage rates upon land in respect of which money is borrowed under The Tile
Drainage Act, 1971.
Whereas owners of land in the municipality have applied to the council under The Tile Drainage Act, 1971, for
loans for the purpose of constructing sub-surface drainage works on such land; and whereas the council has upon
their application lent the owners the total sum of $ 3 3 , 5 0 0 . 0 0 to be repaid with interest by means
of rates hereinafter imposed:
Be it therefore enacted, by the council, that annual rates as set out in the Schedule attached hereto are hereby
imposed upon such land as described for a period of ten years, such rates to be levied and collected in the same
manner as taxes,
First Reading . 7th day of October ,1997
.
Second Reading 7th day of October 97
.,19.
Third Reading - Passed this 7th day of October ,1997
..
a
..:.-:
.
.,
.,
,
.
.
Total Principal of Debenture and
Total Sum Shown on By-Law.
.
TOTALS
.'
.
.
R.#4 ,
A.R.M.STRONG,.. .Lynn
R.#4 Kincardine,
ON N2Z 2X5
&..Maryu
ON N2Z
.
Lot 42,43 Concession
KinëardineTownsiÙp"
*$
33,500.00
$
4991. 50
, ~
Kincardine
.L<?i:.u17,18concessioI1
uK.iI1cardine Township
3 SDR
Nov
Nov
1/97
1/97
15
18
,
000
500
.
00
00
2235.00
2756.50
.
Name and Address of Owner
1
Description of Land Drained
SDR
Proposed Date
of Loan
Sum
to be Loaned
$
Annual Rate to
be Imposed
Schedule
BY-LAW NO.
THE CORPORATION OF
THE
97-26
FORM
20-Z-MUNJCIPAL WORLD LIMITED, ST. THOMAS, ONT.
TOWNSHIP OF KINCARDINE