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THE CORPORATION OF THE TOWN OF NEWCASTLE
BY-LAW 84- 10
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 $16,300.00
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 23rd
day of January
1984
By-law read a third time and finally passed this 23rd day of January 1984
THE COR P 0 RAT ION 0 F THE TOW N 0 F NEW CAS T L E
SCHEDULE "A" TO BY-LAW 84- 10
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NAME AND ADDRESS OF OWNER DESCRIPTION OF LAND DRAINED PROPOSED DATE OF LOAN SUM TO BE LOANED ANNUAL RATE TO BE IMPOSED
Roy and Gera1dyne Da 1 ze 11 Lot 35, Cone. 7, Clarke $ 9,500 $ 1,415.50
R. R. #2, Orono
Werner Wall raff Lot 18, Cone. 6, Darlington
R. R. #1, Bowmanvi11e $ 6,800 $ 1,013.20
$16,300
10 Year Repayment, Faetor:- @ 8% 14.90