HomeMy WebLinkAboutTWP 78 002 annual drainage rate
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FORM 112Q_I_MUHIClPAL WORLD LIMITED, ST. THOMAS, ONT.
RATING BY-LAW
The Tile Drainage Act, 1971, Form 11
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By-Law Number _...?g.,.,__o._:? _
By-law imposing special annual drainage rates upon land in respect of which money is borrowed under The Tile
Drainage Acl, 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 $.5?,,_.:f.fII!'I.Ç?,_I?_ÇJ ___ to be 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 be levied and collected in the same
manner as taxes.
FllSt Reading _ _ _
- -/3"ifé
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/...1___
__._ day of ..
-,197£
__,192Ý_
_,19?R_
.................
Third Reading - Passed this .
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Clerk
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PORN tl20.2-MUNICIPAL WORLD LIMITED, ST. THOM"., ONT.
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TIlE
TIlE CORPORATION OF
.7.8..."._.02
BY-LAW NO.
Schedule
Annual Rate to
be Imposed
$fJJ5.,.!!º
.!!.l,EJ.47
1.253.87
$
Sum to be Loaned
$
,$Çi,ºpo.DP
9.300.00
.$
ProposecIDate
of Loan
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TOTALS
Total Principal of Debenture and
Total Sum Shown on By-Law.