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HomeMy WebLinkAbout84-116 \ ....' ,~ AMEND:::~ v't 1\ BY-LAW #~J.:.J...1.. ". THE CORPORATION OF THE TOWN OF NEWCASTLE BY-LAW 84- 116 being a by-law to raise money to aid in the construction of drainage 'works under the Tile Drainage Act 1971 THE COUNCIL, PURSUANT TO THE TILE DRAINAGE ACT 1971, ENACTS AS FOLLOWS: 1. The Corporation may from time to time, subject to the provisions of this by-law, borrow on the credit of the Corporation such sums not exceeding in the whole $150,000.00 (One hundred and fifty thousand dollars) as may in manner hereinafter provided, arrange for the issue of debentures on behalf of the Corporation for the amount so borrowed as provided in the Act payable to the Treasurer of Ontario at the Parliament Buildings, Toronto, which debentures shall reserve the right to redeem the debentures at any time on payment of the whole amount of principle and interest owing at the time of such repayment. 2. Where an application for a loan under the Act is approved by the Council and the inspector of drainage has filed with the Clerk an inspection and completion certificate, the Council may apply to the Regional Municipality of Durham to include a sum, not exceeding the amount applied for or 60 per cent of the total cost of the drainage work with respect to which the loan is made, in a debenture payable to the Treasurer of Ontario in accordance with the Act, and may approve of the Corporation lending the said sum to the applicant. 3. A special annual rate shall be imposed, levied and collected over and above all other rates upon the land in respect of which the money is borrowed, sufficient for the payment of the principle and interest as provided by the Act. By-law read a first and second time this 24th day of September 1984. By~law read a third time and finally passed this 14th day of January 1985. ~~~./ - ayor' Jl~~c~ ",. "o...L - ~ ......... . ................ .. . " , to.2.-q.l' I~l ~.J '11III.." Ontario B .41094 Ontario Municipal Board IN 'ID MA'ftBJt or sect.lon '4 of ~ OBtali'il) aunteint BOard AC1:, a.s.o. l'eo, c. 3 } -aaa.- DI ftS MA'ftBJl OF an applicat.ion by *Rhe Corporat.J.on of the ft_ of ..woa.t.le foJ:' approval of the bOl'row1a9 on it.. behalf by The Re,1onal Municipality of Du.J:haa the au of $150,000.00 t.o be uNd by the applicant. for the purpoa.. of The Til. D..-Aba,. Aot., (a.s.o. 1geO, c. ~OO), .. amen"d BBroas I D.I. llOaoBB V1oe-cba1.rman J ) J Konclay, the 5th day 1 J of November, 1984 J ] - and - Jl. CBAJlfDlt ~ DB BOUD ODDS that tth1s applJ.ee:tion be ,.anted bel t.hat. fte l.e9ioaal "":101pa11t1 of J)urbea ..y now proceed with the bon-ov1nf upon debent.ure. on behalf of 'lbe COq.orat.ioD of the !'OWn of NewoaeU. in a 'tot.al a. not to exc..d $150,000.00, u.4 for suob pllzpoae bOt.b the sa14 J"eglonal II\Jtl1C1palit.y and the applicant. coxporat.lon _y p... all req1Iia1t.e by-lawa, and '1'OY:14ecl 'that 'the co..-porat,ion and the CODeil of The Beg-1onal Municipality of Dub.. 1n .....oi.109 any power approve4 by this order ahall coaply _et oonfon with all at.at.ut.ory an4 other 1.,al ...quir....u re1a" thue". ,..-::;:: '-~~I- ~ ,,,- , _c."'- ~. If' /. ,,' , , ' ~ \!T:~~~ - _ i' b_'" '''', -4.'1-3 " \ ~- - B ~,l" t;:. f". . . . . _,-,~.;,,:::_~ - ~""'rlJ. . r L'. . . . . ;_ ---~ 1 77. j' i r""\", ~.!o ". . . . . .. " I r.........I;,:.....~ I I SBCIBTAlt'f nEe 1 ;~:' 1SC4 ~, ~/O/ . C-/'\~ \ <"-J:"':RETN:O,V, Oi~-r,6eIO MUN'C\'"l,.y..BOi",RD ~ .s~::..;. ;......_ -I .~_... ..u.u..03 .I-'OlVU _... - ~.'''' ~ t.' .2..(';. ~ i~l rl.~~ ~-,.. Ontario B 841094 Ontario Municipal Board IN THE MATTER OF Section 64 of The Ontario Municipal Board Act, (R.S.O. 1980, c. 347) - and - IN THE MATTER OF an application by The Corporation of the Town of Newcastle for approval of the borrowing on its behalf by The Regional Municipality of Durham the sum of $150,000.00 to be used by the applicant for the purposes of The Tile Drainage Act, (R.S.O. 1980, c. 500), as amended BEFORE I - and - ) ) ] ] ] ) ) Monday, the 5th day of November, 1984 D.B. McROBB I Vice-Chairman R" CHARTIER Member THE BOARD ORDERS that this application be granted and that The Regional Municipality of Durham may now proceed with the borrowing upon debentures on behalf of The Corporation of the Town of Newcastle in a total sum not to exceed $150,000.00, and for such purpose both the said regional municipality and the applicant corporation may pass all requisite by-laws, and provided that the oorporation and the COuncil of The Regional Municipality of Durham in exeroising any power approved by this order shall comply and conform with all statutory and other legal requirements related thereto. ., . ,.' ,.. ~Lj-3 . '..'" ',' r I..'.. t;'. f"'. . . . . . .... IJ. I'" . .. . . j;:'i:' ~ln.. . . .~. 7.7. ' ., , SECRETARY T:':- 1 ;,. "j.':"l,1. \ . l. ._ ~,; .'" ,.I ' :'\ c:.~::,*:;\;~,~{VA)~ \ I .._~..-.- ~ . -:...-:tl T '.'~\' (;; -. t. ,~II') r-..1dt'{I,,<"J.,' '- t.,: :Sil-} , ~ ... t:';:~.'..' _ ....... l.' ;,.... ~t~:I__l .j _..:".:... - -,... ------- " APPLICATION TO REGISTER BY-LAW TILE DRAINAGE ACT, R.S.O. 1980, c. 500, s. 2 ( 2 ) TO: The Land Registrar for the Registry Division of Newcastle (No. 10) THE CORPORATION OF THE TOWN OF NEWCASTLE being required to register the duplicate original by-law enacted under the provisions of The Tile Drainage Act, hereby applies to have registered a certified copy of By-law No. 84-116 of The Corporation of the Town of Newcastle. The evidence in support of this application consists of: 1. A Certified copy of By~law No. 84-116 and a copy of the Ontario Municipal Board dated the 5th day of November 1984. Address for service is 40 Temperance Street, Bowmanville, Ontario. THE CORPORATION OF THE TOWN OF NEWCASTLE by its solicitors SIMS BRADY & McINERNEY Per: ~ .... . ~ . ~ ";!J:nf8~t'\i:::OP'~ THE CORPORATION OF THE TOWN OF NEWCASTLE BY-LAW 84- 116 being a by-law to raise money to aid in the construction of drainage works under the Tile Drainage Act 1971 THE COUNCIL, PURSUANT TO THE TILE DRAINAGE ACT 1971, ENACTS AS FOllOWS: 1. The Corporation may from time to time, subject to the provisions of this by-law, borrow on the credit of the Corporation such sums not exceeding in the whole $150,000.00 (One hundred and fifty thousand dollars) as may in manner hereinafter provided, arrange for the issue of debentures on behalf of the Corporation for the amount so borrowed as provided in the Act payable to the Treasurer of Ontario at the Parliament Buildings, Toronto, which debentures shall reserve the right to redeem the debentures at any time on payment of the whole amount of principle and interest owing at the time of such repayment. 2. Where an application for a loan under the Act is approved by the Council and the inspector of drainage has filed with the Clerk an inspection and completion certificate, the Council may apply to the Regional Municipality of Durham to include a sum, not exceeding the amount applied for or 60 per cent of the total cost of the drainage work with respect to which the loan is made, in a debenture payable to the Treasurer of Ontario in accordance with the Act, and may approve of the Corporation lending the said sum to the applicant. 3. A special annual rate shall be imposed, levied and collected over and above all other rates upon the land in respect of which the money is borrowed, sufficient for the payment of the principle and interest as provided by the Act. By-law read a first and second time this 24th day of September 1984. By-law read a third time and finally passed this 14th day of January 1985. .~u /2~~L~' . Mayor [J ') /(-,.. ,. l . ( \'.1,' , - 0' j _" (l .. ( < r( I .. c " .. i .~. '--I Clerk - CERTlFlif;> UNt>tK 7/t1- HI/"~ f6 THE CLERK ANu Sc./I '- of T1ti" . - CORPORAT!ON OfrkTaWN OF NEWCASlII.;.. TO BE A TRUE COPY OF BY-LAW . 1111II CORPORATION OF tHE.'S~ IIA1ED lHE _..(~ DAY 11:2 . 4!.. "iJ. ~~. CIUfI*~ar O 2 1. "l -......... fllo No,J;.:::..:...r.. .~ :.!!'.;l:.;.:;....... - /20760 ;j .R- ... · \~o~ l'nOidrv r;:vic;il"l'" ~f t\'~"Nl.t\<.t'e (No. ~O). .. I C(~TIFY that this instrLment is registered as of .M. fES 7 'I 45 AM '85 "tI1Y -LAW 84-116 ~~HE CORPORATION OF THE TOWN OF NEWCASTLE tand QegistfY >Hice at ~owmanville{ -'nt::mo TO RAISE MONEY TO AID IN THE CONSTRUCTION OF DRAINAGE WORKS UNDER THE TILE DRAINAGE ACT, 1971 Registering Agent: SIMS, BRADY & McINERNEY Barristers & Solicitors 117 King Street, Box 358 Whitby, Ontario LIN 5S4 pA.rl) . 0 ;MID \l~G\Sti~ uH'lCE NO. t r~.OD