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HomeMy WebLinkAboutTWP 97 019 Tile Drain Loan (x2) · · ... -- . . , FORM 1120.I-MUNlcIPAL 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 97-19 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 $ 35, 000 . 00 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 . ..5th. day of August . .,19. 97 Second Reading . 5th day of August ,19 97 Third Reading - Passed this 5th day of August ,19 97 · ~.¿~ Head uncil-dd? " FORM 1120-2-MUNICIPAL WORLD LIMITED, ST. THOMAS, ONT. THE CORPORATION OF THE ,!,ownship of Kincardine BY-LAW NO. 97-19 Schedule . Name and Address of Owner Description of Land Drained Proposed Date Sum to be Loaned of Loan $ Robertsons DairYF'Q.rmLtc1 .Lot ¡s Concession 9 R. R. #5, Kincardine On ,!,ownship of Kincardine September 1/97 $20,000.00 N2Z 2X6 ...... Zondervan, Klaas .Le>.t 15Concession 10 ILR. 1, Tivert:on; On Township of Kincardine September 1/97 $15,500.00 .N.oG.. .2'r.O .' ,.... ...... ....... ...... .... - - * Total Principal of Debenture and TOTALS *$ 35.500.00 Total Sum Shown on By-Law ~ . . . . Annual Rate to be Imposed $2,980.00 $2,309.50 $ 5.289.50 - .