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HomeMy WebLinkAbout94-17 .. .. THE CORPORATION OF THE MUNICIPALITY OF CLARINGTON BY-LAW 94- 17 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 WHEREAS owners of land in the municpality 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 $16,500.00 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 is 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. By-law read a first and second time this 24th day of January 1994. By-law read a third time and finally passed this 24th day of January 1994. ~/i/f~/~~~ / Mayor . ' .. ".' . ~ 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 94-17 Description of Land Drained Part Lot 13 Concession BF A & B Former Township of Clarke 10-Year Repayment Factor: 14.90 - 8% Proposed Date of Loan March 1, 1994 Sum To Be Loaned $16,500 Annual Rate To Be Imposed $2,458.50