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HomeMy WebLinkAbout96-15 THE CORPORATION OF THE MUNICIPALITY OF CLARINGTON BY-LAW 96- 15 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 95-185 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 $16,900 . 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 . 2 . THAT By-law 95-185 is hereby repealed. By-law read a first and second time this 15th day of January 1996 . By-law read a third time and finally passed this 15th day of January 1996 . 1 ayor (Acting) t er r � V THE CORPORATION OF THE MUNICIPALITY OF CLARINGTON SCHEDULE "A" TO BY-LAW 96-15 Name and Description of Proposed Sum to Annual Rate Address of Owner Land Drained Date of Loan Be Loaned To Be Imposed John Roznik Part Lot 8 Feb. 1, 1995 $16,900 $2,518.10 1093 Gifford Rd. Concession 1 Newcastle, Ont. Former Township of Clarke L1B 1L9 10-Year Repayment Factor: 14.90 - 8W