HomeMy WebLinkAboutTWP 79 013 Rating tile drainage
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, FORM IIZO.I_MUNICIPAL WORLD LIMITED, ST. THOMAS. ONT.
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RATING BY-LAW
TheTUe Drainage Act, 1971, Form 11
The Corporation of the
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...... TWNSI:IIP..Π.J:\INCARDII\E.....
By-LawNumbcr ..79..."'..13...........
By-law imposing special annual drainage rates upon land in respect of which money is borrowed under The Tile
Drainage Act, 1971.
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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 $19 ,500.DO...... ..... ...... to he repaid with interest by means
of rates hereinafter imposed:
Be it therefore enaçted, 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 he levied and collected in the same
manner as taxes.
First Reading ....
Second Reading
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.....lßth.......
16th
day of
.......Juoa..
.........19..7.9......
dayof........JLJrJa .............. .....1979..
Third Reading - Passed this. ...........lat.h..........
day of.
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..Juoa ...........19..7.9......
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F~nIM HI8--M"UNICIPAL WORL.D LIMITED, ST. THOMAS, ONT.
OFFER TO SELL
FQr Use hy Municipalities other than a District or Regional Municipality
The Tile Drainage Act, 1971, Form 9; 0, Reg, 606/74
The Corporation of ........t"" -IUI.................. of ..........K1..r.....,......,........·.. hereby offers to
ell Debenture No, .....,CD........in the principal amount of $ ,D,_.CID·......·.....,......, to the Treasurer of
ntario as authorized by Borrowing By-Law No, ..78-11-.............of the Corporation,
The principal amount of this debenture is the aggregate of individual loans applied for and each loan
not more than 75 per cent of the cost of the drainage work constructed.
An inspector of drainage, employed by the Corporation, has inspected each drainage work for which
e Corporation will lend the proceeds of this debenture and each has heen completed in accordance with
e tenns of the loan approval given by council,
A copy of the Inspection and Completion Certificate (Form 8 under The Tile Drainage Act, 1971) for
ach drainage work, for which the Cprporation will lend the proceeds of this debenture, is attached hereto,
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Date
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