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HomeMy WebLinkAboutTWP 97 021 Tile Drain Loan (x2) .,.- -" . . FORM tl20_I_MUNICIPAL WORLD 1.IMITED, ST. THOMAS, ONT. . RATING BY-LAW The Tile Drainage Act, 1971, Form II The Corporation of the Township. of. Kincardine By-Law Number . 97-.2.1 . 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 7 , 7 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 ....2nó day of September ,1997 . Second Reading .2nó day of September .1997 Third Reading - Passed this .2nÓ day of September 1997 , . -. ..~~. /? -:.- ~ - . FORM 1120-2-MUNICIPAL WORLD LIMITED. ST. THOMAS. ONT. THE CORPORATION OF THE T9\ÿnship.of Kincaróine BY-LAW NO. n.,..2J, Schedule . Name and Address of Owner Description of Land Drained Proposed Date Sum to be Loaned Annual Rate to of Loan $ be Imposed MþÇARTHUR, D. NORMþN Epart Lot 14, Concession 6 - 616 Lynóen Cres., Kincaróine KiricarMne Township .. . October 1/1997 .20,000.00 .2,980.00 ONN2Z 3A9 . JOHNSON, ..KEN.. Lot 44,. Concession INDR October 1, 1997 i7, 700. DD 2,637~30 R.#5 Kincaróine ÒN¡i¡i:iij{6 .......... . ....... .............. ...... .......... .......... ............ 0" ....... . . . . . . . . .. . - - - * Total Principal of Debenture and TOTALS *$ 37.700.00 $ 5.617.30 Total Sum Shown on By-Law. - .. l \ . . . .