HomeMy WebLinkAbout85-9
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THE CORPORATION OF THE TOWN OF NEWCASTLE
BY -LAW 85- 9
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 application lent the owners the total sum of $5,100.00 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 28th day of
January 1985.
By-law read a third time and finally passed this 28th day of January 1985.
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THE CORPORATION OF THE TOWN OF NEWCASTLE
SCHEDULE IIA" TO BY-LAW 85- 9
~AME AND ADDRESS OF OWNER DESCRIPTION OF LAND DRAINED PROPOSED DATE OF LOAN SUM TO BE LOANED ANNUAL RATE TO BE IMPOSED
Hendrik & Beatrice Van Dorp Lot 15, Cone. 7, Darlington $5,100.00 $759.90
R.R. #1, Enniski llen
$5,100.00 $759.90
10 Year Repayment, Factor: - 14.90 - 8%
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