HomeMy WebLinkAboutTWP 97 016 Tile Drain Loan (x3)
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FORM tl20_I_MUNICIPAL WORLD L.I"HTED, ST. THOMAS, ONT.
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RATING BY-LAW
The Tile Drainage Act, 1971, Form 11
The Corporation of the
TOWNSHIP OF KINCARDINE
By-Law Number . 97-.16
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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 $ 20, 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 . 7th day of July 97
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· Second Reading. . ....It.h.. day of July ,1997
Third Reading - Passed this 7th day of July 97
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FORM 1120_2_MUNICrf'AL WORLD LIMITED, ST. THOMAS. ONT.
THE CORPORATION OF THE TOWNSHIP OF, ,K.INCARD.INJ;;,
BY-LAW NO. 97-16
Schedule
N arne and Address of Owner Description of Land Drained Proposed Date Sum to be Loaned
. of Loan $
JOHNSON, WILLIAM AND CAROLE Lots 41, 42, 43 Concession 1 SDR August 1/97
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R,., R,., #4, 20,000.00
KINCARDINE ON N2Z 2X5
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* Total Principal of Debenture and TOTALS 1*$20,000.00
Total Sum Shown on By-Law
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Annual Rate to
be Imposed
$2,980.00
$ 2,980.00
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