HomeMy WebLinkAbout82-188
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THE CORPORATION OF THE TOWN OF NEWCASTLE
BY-LAW 82- 188
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 $18,900.00 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-law read a first and second time this 20th day of December 1982.
By-law read a third time and finally passed this 20th day of December 1982.
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~'Mayor
Seal
Clerk
[R;. N.o._-'h.~-"_~J.:'_~"'_"".h.l
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SCHEDULE IIA" TO BY-LAW 82-188
THE CORPORATION OF THE TOWN OF NEWCASTLE
SCHEDULE IIA" TO BY-LAW 82-
NAME & ADDRESS OF OWNER
PROPOSED DATE OF LOAN
SUM TO BE LOANED
ANNUAL RATE TO BE lMPOSED
DESCRIPTION OF LAND DRAINED
Hugh & Keith Allin, Lot 28, Cone. 3 $ 2,400 $ 390.48
R. R. #2, Newcast1 e, Onto Cl a.rke
W. Edward Watson Lot 17, Cone. 1 & 2 $ 3,700 $ 601. 99
R. R. #2, Bowmanvi1le, Onto Darlington
Tom & Marilyn Morawetz Lot 29, Cone. 6
R. R. #1, Enniski11en, Onto Darlington $ 2,300 $ 374.21
Clifford Robinson Lot 21, Cone. 6 $10,500 $1,708.35
R. R. #1, Hampton, Onto Darlington
$18.900 $3,075.03
10 Year Repayment Factor 16.27