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?I�TUY� -LAW ,
BULAW NO
r
F
0 8 , upon debentures to Pay for. �i
B -Law to provide for borro win 8 OI676o
, war on Cona�►saion Street � in the Town of .
r the cone true t ion of a. ee :
Liberty Street to B®ech Avenue.
Bowmanville , from Y
BY-Law No. 89E� assed on the I7th•
MERAS, pursuant to construction Y
a.
e been constructed on Concession Street,
day of September 1900 .a sewer has
'h Avenue as a Local improvement under the
s from Liberty Street to Be U 0
r pCAZ IW'R,OVFMFNT SECTIONS F-THR T
MMICI PAL ACCT.
provisions of THR L
AND EMAS the total coot of tale work i s 41676.08. of which $484o33
of the cost,
and ,I I9I «75 is the owners •
is the Corporation' g portion
a
a..
which a Special Assessment Roll has been u Y
portion , of the coat for/ J
and
certified*
mace as
` ifetime of the work is thirty years
TWIMAS the estimated l
;�N]j Vi paAS i t i s necessary
to borrow,the said sum of $1676 :08 on the
F interest
F .
the Corporation and
to issue
debentures therefor bearing
credit of �
f per p annum, �
is the mount a :
1 cent* per ' done ha. a which
rat :
e of five an ,
created b this By
the,debt intended to be ere Y
of ab
le
' f said debt repay
ent to make the prineipa�. o
ANA wHEREAS it is exped i
e
rs of such amounts respectiv -z,
in early euac►s during ,the period of
thirty Y . '
e
that the aggregate
mount pay4ble for pririeipal and inaeregt Y
ly hs a re8a
nearly, as
amount paYa ;
t s may _ ; .
bl
be to the
P or
year
r s 1
be equal a
a .
d innterest in each-Of the other years*
principal an
r
the sum of 411&52
r : too raise annual
HAAS, it will be neceasar y
rime ipal
to said yearly ' suns s o
f P
during the period of thirty years pay
wired to pay the
the become due of which X35.87 is ,required
and interest as Y
thereon, =d
$79.45
A. .1 t a r.nrl:i nn of the
cost and the
interest ,
* L
e
}
,
21
.
:
,
1 1 .
w
4
TOLUI4
2
* L
e
t
e
s
i
be oolloo tod annuOL11Y by the
aollootot of taxes for
40Peo i al r&te shah. other autos •
in tho O"o m►anno r an
the Corporation, at the name t imn u,nd
for the rogietration
aantua.n anyblause providing
8. Tlle debentured Tray / e1nturds in
thereof, authorized by anY gta
tuto relat ing to Muniai nt�l dc�b
.
f the ieeue the xeof
at the time o .
force be consolidated
7 . The amount o f
the loan authorized by this by --law ma,
Y
acized by other local. improvement by--laws
With the amount of any loans o,utho by
low ,
loans in a, coneol. iduting r
tad in the same with such other },
by inal g and the
he negate thereof' as one loan,
authorizing the borrowing
��tho of t a68
�
uti
t�ara�r �'�or,
Sa0h loan
in, one a oneo a ve
t
retie
.Of +deben
{ ; in that behalf • .$
he rovi®ione of the statute thereof
t p Being then
effect. on the* day of the final
8
This by-1
shall take
day, of 'TZove.mber
1916
�( Paoeed thi8
u