HomeMy WebLinkAbout82-136
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THE CORPORATION OF THE TOWN OF NEWCASTLE
BY-LAW 82- 136
being a 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 of the Corporation of the Town of Newcastle has
upon their applications lent the owners the total sum of $17,400.00 to
be repaid with interest by means of rates hereinafter imposed;
BE IT THEREFORE ENACTED by the Council of the Corporation of the Town
of Newcastle, that annual rates as set out in Schedule "A" attached
hereto are hereby imposed upon such land for a period of 10 years, such
rates to be levied and collected in the same manner as taxes.
By-l aw read a fi rst and second time thi s 4th day of October 1982.
By-law read a third time and finally passed this 4th day of October 1982.
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Seal
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Clerk
1 File N o..JQ..:..<!'__'1__'uo.~..uo_.._.._..__.1
THE CORP 0 RAT ION 0 F THE TOW N 0 F NEW C AS T L E
SCHEDULE IAI TO BY-LAW 82-136
NAME & ADDRESS OF OWNER DESCRIPTION OF LAND DRAINED PROPOSED DATE OF LOAN SUM TO BE LOANED ANNUAL RATE TO BE IMPOSED
Jim & Nancy Allin, Lot 5, Concession 1, Darlington $ 11,100.00 $ 1,805.97
R. R. #4,
Bowmanville, Ontario
Steven W. Carruthers Lot 16, Concession 2, Darlington 6,300.00 1,025.01
R. R. #1,
Bowmanville, Ontario
$ 17,400.00 $ 2,830.98
10 Year Repayment Factor: - 16.27
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