HomeMy WebLinkAboutTWP 94 027 Prov Tile Drain Bylw
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BORROWING BY-LAW
For use by Municipalities not within District or Regional
Municipalities.
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FORM 1
BORROWING BY-LAW
of
THE CORPORATION OF THE
TOWNSHIP OF KINCARDINE
BY-LAW 94-27
A By-Law to raise $200,000.00 to aid in the construction of
drainage works under the Tile Drainage Act.
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The Council, pursuant to the Tile Drainage Act, enacts as
follows:
1.
The Corporation may from time to time, subject to the
provisions of this by-law, borrow on the credit of the
Corporation such sums not exceeding in the whole
$200,000.00, as may be determined by the council, and
may in manner hereinafter provided, issue debentures of
the Corporation for the amount so borrowed as provided
in the Act payable to the Treasurer of Ontario at the
Ministry of Treasury and Economics at Toronto, which
debentures shall reserve the right to prepay the whole
or any part of principal and interest owing at the time
of such prepayment.
Where an application for loan under the Act is approved
by the council and the inspector of drainage has filed
with the clerk an inspection and completion certificate,
the council may include a sum, not exceeding the amount
applied for or 75 per cent of the total cost of the
drainage work with respect to which the loan is made, in
a debenture payable to the Treasurer of Ontario in
accordance with the Act, and may approve of the
Corporation lending the said sum to the applicant.
A special annual rate shall be imposed, levied and
collected over and above all other rates upon the land
in respect of which the money is borrowed, sufficient for
the payment of the principal and interest as provided by
the Act.
Tile Drainage Act 1980 c.500
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First Reading this 19th day of September 1994
Second Reading this 19th day of September 1994
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Third Reading this
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Head of Council
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erk-Treas
of
1994
Head of Council
Clerk-Treasurer
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· COpy
Tel: (519)396-8144
Fax: (519)396-9446
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Barrister & Solicitor
Notary Public
P.O. Box 388
313 Lambton Street
Kincardine, Ontario
N2Z 2Y8
December 19, 1994
Mrs. Muriel Eskrick
Clerk, Township of Kincardine
R.R.5
Kincardine, Ontario
N2Z 2X6
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Dear Mrs. Eskrick:
Re: Borrowing By-law No. 94-27
Pursuant to your instructions, the above-noted by-law was registered in
the Land Registry Office Bruce [No.3) on December 2, 1994, and I enclose
herewith duplicate original copy registered as No. 308186.
Yours truly,
~~~J:vr j ~\'~»+N
Graham E. Mahood
I&l~:ovince
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(1) Registry ŒJ
(3) Property
ldentlllerj.)
Block
Land Tin.. 0
308186
Amended NOV. 1 t92
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(2) Page 1 oJ 2 pages
Property
Addilional:
See D
Schedule
'94 []£C -2 A 9 :57
(4) Nature 01 Document
By-Law
Section 2(2) - Tile Drainage Act
(5) on_lion
Signature] ~ Date of Signature
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Street, P.O. Box 388, Kincardine, Ontario N2Z 2Y8
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(6) DescrIpnon
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New Property Identifiers
Additional:
See D
So",,"ule
(7)Th"
Document
Contllns:
(a) Redescription
New Easement
PlanlSkelch
Additional:
See
Schedule
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(8) Thl. Document provlda. a. loIlowa:
4IÞee By-Law 94-27 attached hereto.
(8) Thla Document retat.. to In.trument numberj.)
(10) party(I..) (Set oul Status or Inlerest)
~ma(s)
lHE CORPORATION OF THE
............................................. .
... f9~ .N~HI!,. ,OF: ,K~N.C~~DI~.~"....,..".,..,
............................................ .
(11) Addres.
10rS.....ca C/o 313 Lambton
(12) party(I") (Set out Status or Inlerest)
NameCs)
Slgoattrre(s)
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. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
............................................ .
drels
SeMce
(15) Document Prepared by,
GRAHAM E. MAHOOD
BARRISTER & Solicitor
P.O. Box 388
313 Lambton Street
Kincardine, Ontario
N2Z 2y8
Dolla", S
(b) Schedule for:
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Additional
Panies 0 OIOOr IKJ
Description 0
Continued on Schedule ~
Date of Signature
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Fees and Tax
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Z Registration Fee
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SECTION 3. 1
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By-laws receive third reading after Municipal Board
approval is received.
All municipal clerks register the by-law within four
weeks of the date the by-law was passed.
Four weeks after registration, the clerk swears an
affidavit before a commissioner. (A copy of the
by-law and affidavit are sent to the region or
district municipality) .
A certified true copy of the by-law(s) and 4ffido.Vlt(~ are.sfJl+~:
Ministry of Agriculture and Food
Finance Unit, Administrative Res.
2nd Floor,
Guelph Agriculture Centre
,P.O. Box 1030
Guelph, Ontario
NlH 6Nl
The total amount authorized under this by-law must not be
exceeded, prior to reaching the autho{rized limit, a new
by-law should be initiated as it takes approximately eight
weeks to get one in place.
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2. Loan Application:
Farmer makes application to clerk. In the case of
joint ownership both parties must sign.
Council approves or rejects, at their discretion.
Farmer sent written notification of decision.
Farmer has work done.
Township appointed Inspector inspects work and files
with clerk an Inspection and Completion Certificate,
along with a sketch of the works.
A sketch is shown in Section 3.4. (The sketch shall
indicate: location, spacing, direction and depth of
tile.)
A "Guide to Completing the Inspection and Completion
. '
Certificate" follows on Page 21.
·bB.I~1 FOLloII_---1
ORDER lSSùe DATE
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OCT 31 1994
fñi.n,~F~:;::01"\-Il ].~ 940093
PJ),: NOV -31994 ,I,
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Ontario ," ..- ~.-- ---,';--::¡) ;,¿
Ontario Municipal Board '¡-
Commission des affaires municipales de l'Oñtäño' ~,
BIBN-Gl FOLIO I I ~~
The Township of Kincardine has made an
application to the Board under Section 65 of the
Ontario Municipal Board Act, (R.S.O. 1990, c.
0.28) for an order approving the borrowing
of$200,OOO.00 from the Treasurer of Ontario to be
used for the purposes of the Tile Drainaae Act,
(R.S,O. 1990, c. T.8)
BEFORE:
.
D.S. COLBOURNE
Vice-Chair
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Thursday, the 21st day
of October, 1994
THE BOARD ORDERS that this application be granted and that the applicant may borrow
money in a total sum not to exceed $200,000.00, provided that the Council of the applicant
corporation in exercising any power approved by this order shall comply and conform with
all statutory and other legal reqüirements related themto.
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SECRETARY
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Ontario
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Ontario
Municipal
Board
Commission des
affaires municipales
de !'Ontario
undas ouest
Irio)
655 Bay Street
Suite 1500
Toronto, Ontario
M5G 1E5
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............
Tel: (416) 326-6800
Fax: (416) 326-5370
October 26, 1994
The Clerk
Town of Kincardine
707 Queen Street
KINCARDINE, Ontario
N2Z 1Z9
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Dear Sir:
RE: O.M.B. File: E 940093
Municipality: Township of Kincardine
Construction of works under the Tile
Drainaae Act for the sum of $200.000.00
While the Board has approved your application as requested in the above
amount, it should not be assumed that the funds are presently available. The
Ministry of Agriculture and Food should be contacted before any loans are
made to ascertain the amount of money that is available to your municipality.
Yours truly,
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!It' v Joanne Hayes
f Case Management Supervisor, Assessment
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