1997-008 Imposing special annual drainage rates upon land in respect of which money is borrowed under the Tile Drainage Act
,.,
--
@Municipal World' - Form 1120-1
· Reg. T.M. in Canada. Municipal World
Tile Drainage Act. R.S.O. 1990. c. T.8. s. 8
R.R.O. 1990. Reg. 1032.Fonn II
RATING BY-LAW
THE CORPORATION OF THE
TOWNSHIP OF ORO-MEDONTE
BY-LAW NUMBER 97- 08
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 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
$ . 12..9qO..qO. . . .. to be repaid with interest by means of rates hereinafter imposed;
BE IT THEREFORE ENACTED by the Council:
1. 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.
Passed this. . ?!=P. . . . . day of. . . f~p;Lp.a.r.y. . . . . . . . . . .. . . . . . . 19.9.7. .. . .
Head of Council
Mayor, Ian Beard
,... ......... ........ .... ....
Clerk
Clerk, Lynda Aiken
.
i
~
@Municipal World' - Form 1120-2
* Reg. T M. in Canada, Municipal World Inc.
The Corporation of the TOWNSHIP OF ORO-MEDONTE
SCHEDULE 'A' to By-law Number 97-08
Proposed date Sum to be loaned Annual rate
Name and address of owner Description of land drained to be imposed
of loan $ $
.. .v.9.ncl~:r::ge.e.s.t .'. M.i.c.h.a~J, William Roll No . 43 4 6 020 006 17700 February 1 , 1997 $12 , 000 . 00 $1 , 788 . 00
....... ...... .. .. .. .~ ..
Vanderqeest , Katherine Anne Conc . XIV , W . Pt . Lot 13 , N . Pt . Lot 12
R . R . #2 & Pt . Lot 14
.. .~ .. .. .. .. .. ...
COLDWATER, ON LOK lEO 168 Acres
.. .. .. .. ~. .. .. .. .~.
.. .. .. .. ..
.. .. .. .. .. .. .. .. ~. .. .' ..
.. .~ .. .. .~. .~ ...
.~. .. .. .. .. .. .. .. .. ....
.. .. .. .~ ~~ .. ..... .... ... ... .... .. ... .. .. .. ..
.. .. ... ..~ .~ ... .. .. .. ... .. .~ .. ..~ ...... .. ..... .. ... .. ....
.. .. ~. .~ ... .. ...... ~.. .. .. .... .~ .. .. .. .. .. ... .. .. .. .... ... .. ~. ...
TOTAL * $
* Total principal of debenture and total shown by-law 12 000 00
sum on , .