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HomeMy WebLinkAbout94-105 . " , -;-.. THE CORPORATION OF THE MUNICIPALITY OF CLARINGTON BY-LAW 94-tQ,? being a by-law imposing special annual drainage rates upon land in respect of which money is borrowed under the Tile Drainage Act, R.S.O. 1990 and to Repeal By-law 94 -17 (former Town of Newcastle) WHEREAS owners of land in the municipality have applied to the Council under the Tile Drainage Act, R.S.O. 1990, for a loan for the purpose of constructing sub-surface drainage works on such land; AND WHEREAS the Council of the Corporation of the Municipality of Clarington has upon their application, lent the owners the total sum of $15,400.00 to be repaid with interest by means of rates hereinafter imposed; BE IT THEREFORE ENACTED BY THE COUNCIL OF THE CORPORATION OF THE MUNICIPALITY OF CLARINGTON: 1. THAT annual rates as set out in Schedule "A" attached hereto are hereby imposed upon such land for a period of ten (10) years, such rates to be levied and collected in the same manner as taxes; and 2. THAT By-law 94-17 is hereby repealed. By-law read a first and second time this 11th day of July 1994. By-law read a third time and finally passed this 11th day of July 1994. ~~~d~ Mayor Deputy ~-r Clerk 1 THE CORPORATION OF THE MUNICIPALITY OF CLARINGTON Name and Address of Owner Joe Christl 4212 Lakeshore Road R.R. #8 Newcastle, Ontario L1B 1L9 SCHEDULE "A" TO BY-LAW 94-105 Description of Proposed Land Drained Date of Loan Part Lot 13 August 1, 1994 Concession BF A & B Former Township of Clarke 10-Year Repayment Factor: 14.90 - 8% Sum To Annual Rate Be Loaned To Be Imposed $15,400 $2,294.60