HomeMy WebLinkAboutTWP 78 015 annual drainage rate
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FORM 1120~I-MUNIC PAL WORLD LIMITED, ft. THOMAS, ONT.
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RATING BY-LAW
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The Tile Drtdnage Act. 1971. Form 11
The Corporation of the
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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.
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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 $ã...aQP...OO ...... to be repaid with interest by means
of rates hereinafter impl)Scd:
Be it therefore enaçted, by the council, that annual rates as set out in the Schedule attached hereto are hereby
imposed upon such land as described for a period of ten years. such rates to be levied and collected in the same
manner as taxes.
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$econd Reading
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Third Reading - Passed this .
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Head of Council
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PORllnao·.........uNIClPAL WOIU.Ð LiMMWD. ST: THOMAS. ONT.
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11IB CORPORATION OJ! 1'1JE·.II..i.ILI'....,Mk~J.ß._.
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Schedule
AìmUaI Rate to
be Imposed
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$
Proposed Date Sam to be l,.oanèd
of Loon . $
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TOTALS
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. Total Principal of Debenture and
Total Sam Shown anDy-Law.