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HomeMy WebLinkAbout1340A By-law to authorize the borrowing of $78,140.00 upon debentures for the purpose of contributing this Township's share of the cost of an addition to the Memorial Hospital, Bowmanville. r r J ~ . 4.~ The said debentures shall b® sealed with the seal of the Corporation, and signed by the head of the Council, or by some oth®r pwrson authorized by by-law to sign the same, and by the Treasurer. The said interest coupons shall be signed by the Treasurer and his signature thereon may be written, stamped, lithographed or engraved. 5. Commencing in the year 1961 and in each year thereafter of the currency of the debentures, alI sums required to pay off the debentures and to pay interest thereon shall be raised by assessment upon all the rateable property of ratepayers in tY~e Township of Clarke, and accordingly in each year of the currency of the debentures there shall be levied and raised by a special rate sufficient therefor, over and above all other rates,. on all the taxable property of rate- payers in the Township of Clarke, at the same time and in the same manner as other rates, the sum shown for the respective year in the fourth column of Schedule "A" hereto annexed. 6, The said debentures may contain a clause providing for the registration thereof pursuant to Section 335 of The Municipal Act. 7. Pending the sale of the said debentures, the head of the Counoil and the Treasurer may raise for the purpose aforesaid, by way of loan on such debentures, any sum or sums of money not exceed- ing in all the sum hereby authorized to be borrowed, and may hypo- thecate such debentures for such loan. READ a I'IRST and SECOND TIME this 5th day of January 1960, A.D. ea oP tT'le Munic~5ality ~ -.R..a - - .... Ls1. ark READ a THIRD TIME and FINALLY PASSED thi s ,gyp day of ~.....a~s, 19 6o A. D. ~/ __ e a o t o Mun pa ty SEAL - -~ Zvi ark a 2 $Chedule rr~n ~o By-letv7 1V'oo 1340 of 1860 TC?W~JSHIP OF CI~R S~shsdule of Maturities #78,110.00, 6~~, 1 t® 20 dears year Yri~acipal Interest Total Pay~a~t 1961 ~ 2,000 ~ 5,079.10 ~ 7,079.10 1962 2,000 49949 10 6,949.10 19b3 2,000 4,819410 6,819.10 1964 2,000 4,689010 6,689.10 1965 3,000 4,559.10 7x559a1© 19b6 3,000 49364010 7,364.1© 19b7 3,000 4,1b9.a.o 7,169.10 1968 3,000 3, 974•-Q 6, 974.10 1969 3,000 3x7?9.1.0 b,779.10 1970 4, 000 3 x 584.10 7 9 5$1.~• 10 1971 5.000 3,324.10 8,324 10 1972 49000 2x999.10 6,999.10 1973 4.,000 2,739x10 6,739.10 1974 49000 29479x10 6x479.10 1975 59000 2,219.20 7,219.10 1976 59000 1,894.10 6,894.10 1977 6,000 1,569.10 7,569.10 1978 6x14@ 1x179.10 7x319+10 1979 b,0o0 780.0 6x7$©.00 1980 6,000 ..,._.~ 390.00 - _ 6x390,00 X78,140 X63:538.80 141x678.80 • ~ r-~+ Ill ~ .`~ U• V F'~ r-J '. v 1, ~ . / ~_'~ CD ?~ lv ~~ O O ~ .7' P~ , ~t / ~ ,I ~ ~J ~ 1 ~ ~ !V I '~ i"3 ~' y ~.O ~. y ~ ~n O :~. ~ `-~ C~) `;~ 'O tit. `~ O O ~'' ,-r • r~ ~ rti ~ t" `i.3 7 ~~ I._i N. ~ O .~ O n ~' ~~' O ''~ sy O ,-j ) O Sv ~ G ,i ;'' O 6v ~ G~ ~+ ~~ ~ * i~ ~ 'S ~ i n ' i c 4v ;-t O 3 ;~ '-~• ,x.~ ,~'' rn T - y-y y< 1 1 ~ ~• `~-`' `' '-5 ~ F-~ N. :I] "~ ~ ~. Q'_.