HomeMy WebLinkAboutBy-law No. 2001-050 RATING BY-LAW
CORPORATION OF THE
MUNICIPALITY OF BAYHAM
BY-LAW NO. 2001-50
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.O. 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
$20,000.00 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 17th day of May, 2001.
SECOND READING 17th day of May, 2001.
THIRD READING - PASSED this 1? day of May, 2001.
MAYOR CLERK
THE CORPORATION OF THE TOWNSHIP OF BAYHAM
SCHEDULE "A" TO BY-LAW 2001-50
NAME & ADDRESS OF DESCRIPTION OF PROPOSED DATE OF SUM TO BE LOANED ANNUAL RATE TO
OWNER LAND DRAINED LOAN BE IMPOSED
K.0 Emerson Enterprises South Part of Lot 25 June 1, 2001 $20,000.00 $2,980.59
Ltd.
Box 130 Vienna, ON Concession 4
NOJ 1Z0 (Roll#34-01-000-002- TOTAL $20,000.00 $2,980.59
190000)