HomeMy WebLinkAboutTWP 97 011 Tile Drain Loan Stam
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FORM H20-I-MUNICIPA.l. WORLD LIMITED, 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.-11
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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 . .3.rcl day of J.une ,1997
. Second Reading . 3rd day of June ,1997
Third Reading - Passed this 3rd day of June ,1997
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Annual Rate to
be Imposed
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$ 2,980.00
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FORM 1120.2-MUNIC!PAL WORLD LIMITED, ST. THOMA.S, ONT.
THE CORPORATION OF THE TOWNSHIP OF KII'iCÞ.RPIN.E
BY-LAW NO. 97-11
Schedule
Name and Address of Owner Description of Land Drained Proposed Date Sum to be Loaned
of Loan $
STAM, Richard Lot H56-58, Concession 2 Np~ July 1, 1997 20,000.0(
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R. #4 Kinc<l:rdine ON. N2.:;\2X5 . . Ki.ll.c<lxdine Township
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* Total Principal of Debenture and TOTALS '*$20.000.00
Total Sum Shown on By-Law.