1995-066 Imposing special annual drainage rates upon land in respect of which money is borrowed under the Tile Drainage Act
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Municipal World Limited - Form 1120-1
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RATING BY-LAW
Tile Drainage Act, R.S.O. 1980, c. 500, Form 11
THE CORPORATION OF THE
TC:INNSHIP OF ORQ-MEOON'I'E
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BY.LAW NUMBER.....?7:fifi...........................
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 sub-surface drainage works on such land; and whereas the council
has upon their application lent the owners the total sum of $..<;Q,.QQQ...QQ......................... 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 .................5J;h........................................ day of ....Jv.J.Y.............................., 19.9.?.....
Second Reading .............5th........................................ day of .....Iuly.............................., 19.9.5......
Third Reading - Passed this .........5th.......................... day of ....July.............................., 19.9.5......
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Clerk
Municipa! World Limited - Form 1120-2
THE CORPORATION OF THE ....~..QF...QB.Q~MEIDNI'JL................
BY-LAW NO. ....9.5.~..66.........................
Schedule
Name and Address of Owner
Description of Land Drained
Proposed Date
of Loan
Sum to be Loaned
$
Annual Rate to
be Imposed
Thorsten B=uck
East Part Lot 25
August 1, 1995
$20,000.00
$2,980.00
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R.R. #2 Concession 2
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Shanty Bay, Cbtario Assessment Roll N:J. 43 46 010 001 20700
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LOL 2LO Township of Oro-Medonte
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County of Simcoe
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* Total Principal of Debenture and
Total Sum Shown on By-Law.
TOTALS
*$
20,000.00
,980.00