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HomeMy WebLinkAboutBy-law No. 2001-019 RATING BY-LAW CORPORATION OF THE MUNICIPALITY OF BAYHAM BY-LAW NO. 2001-19 BEING A BY-LAW IMPOSING SPECIAL ANNUAL DRAINAGE RATES UPON LAND IN RESPECT OF WHICH MONEY IS BORROWED UNDER THE TILE DRAINAGE ACT. WHEREAS owners of land in the municipality have applied to the Council in accordance with the Tile Drainage Act, R.S.D. 1980, c. 500, R.R.O. 1980 Reg.932, for loans for the purpose of constructing subsurface drainage works on such land; AND WHEREAS the Council has upon their application lent the owners the total sum of $10,500.00 to be repaid with interest by means of rates hereinafter imposed: BE IT THEREFORE ENACTED, BY THE COUNCIL, THAT ANNUAL RATES AS SET OUT IN SCHEDULE "A" 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. FIRST READING 15th day of February, 2001. SECOND READING 15th day of February, 2001. THIRD READING- PASSED this 15th day of February, 2001. MAYOR CLERK THE CORPORATION OF THE TOWNSHIP OF BAYHAM SCHEDULE "A" TO BY-LAW 2001-19 NAME&ADDRESS OF DESCRIPTION OF PROPOSED DATE OF SUM TO BE LOANED ANNUAL RATE TO BE OWNER LAND DRAINED LOAN IMPOSED Douglas&Sharon Pettman North Part Lot 8 March 1, 2001 $10,500.00 $1,564.81 RR# 1, Port Burwell, ON Concession 2 (Roll#000-008-05000) TOTAL $10,500.00 $1,564.81 ff , ,��� -'�fir` �r,,r"�. S..'.j�F•' :��'��.. .j'� y�; � �at., l. 5, �i'% ??r�, ��,✓� ::y,{"r,�r, yy'i�.,tth, ,"'�h%�f'�s. �<C:�� .}r.y:�., i\\' ffi; c1 fes. 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Ai;':a. . } '�- 10 ,500 .00 � •.,,,,...';::' The Corporation of the Municipality of B�yham in the County of ....E.T,gi.i1 - -.. ...--..g hereby promises to pay to the Treasurer of Ontario at the Parliament Buildings, Toronto, the principal sum of $..1.0.,.5,0.0.. . / of lawful money of Canada, together with interest thereon at the rate of 8 per cent per annum in ten equal instal- ,/ `: ... rix`,,. ' ments of$ 1564 .81 on the first day of March , in the years*92.QQ.2.to 319..,2.{1X4 r',;s) ., both inclusive. ' The right is reserved to the Corporation of the Mu1a.�.c.i..p. . .t y of B.ayrham to prepay .... fi,-_>,:f ,_ this debenture in whole or in part at any time or times on payment, at the place where and in the money in which this de - '' benture is expressed to be payable, of the whole or anyamount of principal and interest owingat the time of such ,� ` p PY p P ' ,4r, ::� " prepayment. ;: " ...:i *r. This debenture, or any interest therein, is not, after a Certificate of Ownership has been endorsed thereon by the 1 � Treasurer of this Corporation,or b such otherperson authorized byby-law of this Corporation to endorse such Certificate 3.' , Y Y- p � .:--"-4 `'' of Ownership, transferable, M1_.._ k'-t ..7E' ,::-.7....-.ham Dated at the l;?.M &fit. of 5.t:X,aff.arsivi_1-1, ..., in the Province of Ontario, this 1st day of �: :•=- f,,.; .. ....J'larch 218 2QR Sunder the authority of By-Law No...20.9.5 '4-..1.c ,: of the Corporation entitled "A By-Law to raise money to aid in the construction of drainage works under the Tile Drainage " `' ' "4_` Act, R.S.O. 1980, chapter 500." / MRLARD, CLERK E::_..-_,_:: of the Corporation of th Municipality of Bayfslal,, .ead of Council `=_ c r`'y the foregoing is a cued true copy �� ,,": ",.•.?-.. iiiiipt Dated his_day of — . :f'4 r Treasurer ;.' _ ;! c. • , 1,,,',.' . ., . '• i�, - _ ,,4- r ' ff ' „ 1'7� � .�'. 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