1986-013 Medonte
FORM 1120.!-MUNICIPAL WORLD LIMITED, ST. THOMAS, ONT,
RATING B -l
The Tile Drainage Act, 1971, Form 11
'I
.
The Corporation of the
. . T qWnship.. qt. M<=dQnt~ .
By-Law Number.
86....J3
By-law imposing special annual drainage rates upon land in respect of which money is borrowed under The Tile
Drainage Act, 1971.
Whereas owners of land in the municipality have applied to the council under The Tile Drainage Act, 1971, 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 $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 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 J2th day of June ,19.86
- Second Reading 12th day of June ,1986
Third Reading - Passed this 12th day of June ,19.86...
-
WORLD LIMITED, ST. THOMAS, aNT,
!,ORIII
owner
. N\[.R,onald N\()ra00
R,.t<.~ H2,
. .C::Qlc\\vater, Qntariq......... ..,.............
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of
.T QW\1ship .of. Medonte...,......................
86:.J3
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E.<:tstp<:trt 1,,,01:'6, <::;qrv:;es$iQn J3"....
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* Total Principal of Debenture and
Total Sum Shown on By-Law.
-.
~
,.......
_. Date
Loan
sum to be
$
July 1,J986 .L20,QOO.QO
to
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TOTALS
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*$ 20,000.00
.
$ 2,980.00