HomeMy WebLinkAboutTWP 96 016 Tile Drain Loan (x2)
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FORM 1120~1-MUNICIPAL WORL.D 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. . . .96-16
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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 $ 11, 9 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 ....,19. 9.6.
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Second Reading . 7.th. day of October .,19. 96.
Third Reading - Passed this 7th day of October .,19 96
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FORM 1120-Z-MUNICIPAL WORLD LIMITED, ST. THOMAS, ONT.
THE CORPORATION OF THE 'l'()\'lflship Of Kinçéìrc1ifle
BY-LAW NO. 96-:-16
Schedule
· Name and Address of Owner Description of Land Drained Proposed Date Sum to be Loaned
of Loan $
E¡¡k:rick, Burton . Lot..) 5, Conçession 10 ........... November 1/96 1,900.00
R. #l,Tiverton, ON NOG 2TO Kincardine Township
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Murray, Paul & Carrie ~()t65,66 Concession 3 SDR November 1/96 10,000.00
R.#3,¡Ùp1ey,ON . ····NOc;P2R.O
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* Total Principal of Debenture and TOTALS *$ 11,900.00
Total Sum Shown on By-Law
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Annual Rate to
be Imposed
283.10
1,49Ò.OO
$ 1,773.10
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(FOR BANK USE ONL VI
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(Refer to the 2.
eslimatesror
the current
year if such
have been
adopted; if nOl, A hereto.
rerer 10
estimates of
last year)
(Insert proper
name of
Municipality)
¡Delete "(not)"
¡festimates for
current year I.
have been
adopled)
(AUach
separate sheets
ror Schedules
A,B.&C)
(Delete
paragraph 4 if
eslimatesfor
current year
not yet
adopted)
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copy
FORM 349 (3-91)
ONTARIO
MUNICIPAL CORPORATIONS
STATEMENT BY TREASURER RE BORROWING
TO:
Royal Bank
Re: The Corporation of the
Township of Kincardine
of
in the Province of Ontario ("the Corporation")
I hereby certify that the following statements are true and correct as of this date;
The estimates of the Corporation for the current year have (~ been adopted.
The nature and amount of the estimated revenues of the Corporation set forth in the estimates of the
Corporation adopted for the year 19 9 6
are $ 3,729,255.00
. as more particularly set forth in Schedule
3. The nature and amount of revenues of the Corporation for the currem year collected,1b date is $ 1, 891 , 677 . 20
. as more particularly set forth in Schedule B hereto.
4. The nature and amount of the estimated revenues of the Corporation for the current year not yet collected
is$ 1,837,577.80
, as more panicularly set forth in Schedule C annexed hereto.
S. The total of any amounts borrowed by the Corporation under Section 189 of The Municipal Act in the
current year is $
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ø
and the total of such amounts that have not been repaid are $
This statement is delivered to the Royal Bank of Canada pursuant to the provisions of Section 189 of The
Municipal Act. as amended to date.
AS WITNESS the corporate seal of the Corporation this
27th
19 96
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day of August
(Corporate Seal)
Treasurer
(FOR BANK USE ONLY)
INITIALS
Prepared By . ï Checked By
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STATEMENT OF TlŒASURER
(TONNSBIP OF KINCARDINE)
SCHEDULE A
Realty & Business Taxes
Grants
Other MUnicipal Revenue
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2,626,983.00
573,940.00
528.332.00
3,729,255.00
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STATEMENT OF TREASURER
(TOWNSHIP OF KINCARDINE)
SCHEDULE B
Current Taxe3
1995 Taxes & Prior
other Revenue
1,182,288.60
283,048.60
426.340.00
1,891,677.20
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