1994-150 Rating By- Law The Draining Act
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lV1unJcjpaJ WorJd"" - Form 1120-1
*Reg. TM. in Canada, Municipal World Inc.
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RATING BY-LAW
Tile Drainage Act, R.S.O. 1980, c. 500, R.R.O. 1980, Reg. 932, Form 11
THE CORPORATION OF THE
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BY-LAW NUMBER...~~ ~15Q..... ....... ...... ... ....
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 under the Tile Drainage Act,
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 $..3.,900..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 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.
First Reading ....,..lp.(\.................................................. day of ..Nmr.mnber........................, 19.\),.......
Second Reading .....f.nIL.............................................. day of ..Nmr.ember........................, 19.\),,,.....
Third Reading - Passed this .....f.\l.t;l............................... day of ..NQ.v.ember........................, 19.9........
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Darlene
Municipal World* ~ Form 1120-2
'Reg. T.M. in Canada. Municie1nc.
THE CORPORATION OF THE ...J:QWN~!!I?'..QF...QRQ;:!1r;RQNJ:)L.................
BY-LAW NO. .....~f\;:.t'iQ......................
Schedule
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Proposed Date
of Loan
December I, 1994
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$ 581 10
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LOK IEO County of Simcoe
Sum to be Loaned
$
$3,900 00
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Annual Rate to
be Imposed
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* Total Principal of Debenture and
Total Sum Shown on By-Law.
TOTAL
*$ 3,900 00