HomeMy WebLinkAboutBRU 82 018 amend #81-22
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CORPORATION OF THE TOWNSHIP OF BRUCE
BY-LAW NO. B2-18
BEING A BY-LAW to amend by-law 81-22.
WHEREAS the Municipal Drain known as Municipal Drain #13 (Wrightson Drain
Extension) has now been completed.
AND WHEREAS the Engineer has submitted the actual assessments;
NOW THEREFORE the Council of the Corporation of the Township of Bruce enacts
as follows:
(1) That the schedule of estimated assessments as contåined in by-law 81-22
be amended as per attached schedule.
By-law introduced and read a First time this SEVENTH day of OCTOBER, 1982.
By-law read a Second time this SEVENTH day of OCTOBER, 1982.
By-law read a Third time and finally passed, signed, sealed and numbered
82-18 this SEVENTH day of OCTOBER, 1982.
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CORPORATION OF THE TOWNSHIP OF BRUCE
BY-LAW #83-5
~EING A BY-LAW to revise the assessment to property owners, and set the
rnterest rate and annual payment.
HEREAS the Municipal Drain known as the Municipal Drain #13 in the Township of
ruce having been completed and the actual cost has been determined.
NO WHEREAS the Engineer has submitted the actual assessments, and the assessed
property owners have been properly notified of the amounts.
NOW THEREFORE the Council of the Corporation of the Township of Bruce enacts as
follows:
(1) That certain persons have not commuted their cost of the Municipal Drain
13, hereby sets the interest rate at 14% per annum compounded semi-
annually.
(2) The amount shall be payable over a period of five (5) years using an
interest factor of .144900 equalling $294.90 per annum per $1,000.00.
Con. _ Lot Owner Total Per Annum
2 19 D. & J. Brown $2,314.03 $ 682.41
2 20 H. Brown 4,363.61 1,286.83
2 21 H. & D. Brown 3,824.77 1,127.92
3 21 K. Roppe 1 8,235.52 2,428.65
3 22 W. Ravell 5,782.52 1,705.27
$24,520.45 $7 ,231.08
(3) That the balance maybe paid up at any time by using the following factors.
Principal outstanding at the end of each year.
Year 1 .850 X Original Balance
Year 2 .679 X Original Balance
Year 3 .482 X Original Balance
Year 4 .257 X Original Balance
Year 5
(4) That this By-law shall form part of Schedule "A" of By-law #82-18.
By-law introduced and read a First time this SECOND day of MARCH, 1983.
By-law read a Second time this SECOND day of MARCH, 1983.
signed and numbered 83-5 this
I
SEAL
By-law read a Third time and finally passed,
SECOND day of MARCH, 1983.
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REEVE
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MUNICIPAL DRAIN NO 13 WRIGHTSON EXTENSION Prorating Factor .99173584
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REVISED ASSESSMENTS
MAIN DRAIN BRANCH A TOTAL EST. ACTUAL 1/3 ALLOWANCE NET
505. ---- 1;:;630. 525.62 175.21 --- 350.41
200. ---- 215. 213.22 71.07 --- 142.15
155. ---- 160. 158.68 52.89 --- 105.79
3,350. ---- 3,500. ~3(j411.05 1,157.02 --- 2,314.03
6,320. ---- 6,600. 6,545.42 2,181.81 --- 4,363.61
5,455. ---- 5,785. 5,737.16 1,912.39 --- 3,824.77
2,245. ---- 2,445. 2,424,78 808.26 --- 1,616.52
475. 50 550. 545.45 181.82 --- 363.63
6,515. 2,200 9,045. .8,970.20 2,990.07 315. 5,665.13
13,430. 635 15,625. 15,495.78 5,165.26 2,095. 8,235.52
9,505. ---- 11,030. 10,938.78 3,646.26 1,510. 5,782.52
40. ---- 85. 84.30 28.10 --- 56.20
445. 335 820. 813.22 --- --- 813.22
30. ---- 35. 34.71 .--- --- 34.71
1,030. ---- 3,435. 3,406.59 .--- --- 3,406.59
--- ---- 10. 9.92 3.31 40. (33.39)
4,675. 2,720 7,510. 7,447.89 ---- ---- 7,447.89
5,580. ---- 5,735. 5,687.57 ---- ---- 5,687.57
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59,955. 5,940 73,115 72,510.33 18,373.45 3,960 50,176.87
Actual CQst - $72,510.33
Estimated Cost - $73,115.00
CON. LOT OWNER MAIN DRAIN
1 21 S. McPherson 25.
22 S. McPherson 15.
2 18 H. & D. Brown 5.
19 D. & J. Brown 150.
20 H. Brown 280.
21 H. & D. Brown 330.
22 J. & E. Seitz 200.
3 19 R. Benns 25.
20 R. Wood 330.
21 K. Roppel 1,560.
22 W. Ravell 1,525.
23 J. Pedlar 45.
4 20 Ontario Hydro 40.
21 Ontario Hydro 5.
22 Ontario Hydro 2,405.
22 L. & L. Neeb 10.
Con. Rd. 2-3 Bruce Twp. 115.
SIR 20-21 Bht¢e Twp. 155.
7,220.