HomeMy WebLinkAbout80-81
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RATING BY-LAW
Form 12
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The Shoreline Property Assistance Act, 1973
The Corporation of the
'!OWN OF NEWCASTLE
80-81
By-law Number. . . . . . . . . . . . . . . . . . . . . . . .
By-law imposing special annual rates upon land in respect of which money is borrowed under The
Shoreline Property Assistance Act, 1973.
Whereas owners of land in the municipality have applied to the council of the Corporation under The
Shoreline Property Assistance Act, 1973, for loans for the purpose of constructing works or making building
repairs on such land; and whereas the council has upon their application lent the owners the total sum of
$ .~~,.Qqq..QQ to be repaid with interest by means of rates herein after imposed:
The council, pursuant to The Shoreline Property Assistance Act, 1973, enacts as follows:
1. The annual rates as set out in the Schedule attached hereto are, subject to the provisions
of this by-law, hereby imposed upon such land as described for a period of twenty years,
such rates to be levied and collected in the same manner as taxes.
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2. Where an owner obtains a discharge of indebtedness pursuant to section 11 of the said Act
in respect of land described in the attached Schedule.
(a) no annual rate shall thereafter be imposed upon such land; and
(b) the attached Schedule may be amended from time to time by deleting the entries
relating to such land.
Sixteenth June 80
Passed this. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . day of . . . . . . . . . . .. . . . . . . . . . . . . . . . . . ., 19......
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Head of Council
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The Corporation of the .................
. 1PlVN OF. N:EW.cAS1l.E. . . . . . . . . . . . . . . . . .
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80-81
By-law number. . . . . . . . . . . . . . . . . . . . . . . .
(Corporate Seal)
74-027
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THE CORPORATION OF THE.. ro~ OF: .~CAS.'.(LE. . . ... . . . . . . . . . . . . . . . . .
BY-LAW NO. . . . .8Q-.8.1 . . . . . . . .
SCHEDULE "A"
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Proposed Date Sum to be Loaned Annual Rate to
Name and Address of Owner Description of Land of Loan $ be Imposed
'Mrs: . .Jeanne' Wiirters Pt' LOt' 's',' Broken 'Front . . <T1JJ,.y J,. +~e9 $H~,OOO..OO. $1833..34-
COncess'ioii'i30\IDianviiie
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East )3~.ap.h.
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*Total Principal of Debenture and TOTALS *$I.8,000.00
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Total Sum Shown on By Law
74-028
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