HomeMy WebLinkAbout1110 A by-law relating to the exemption of all the property of the Goodyear Tire and Rubber Co. of Canada, Ltd. in the Town of Bowmanville, from all municipal taxes, excepting school tax and local improvement, for a period of ten years from first of January, 1926. i
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C BY L W NO." 1110
of the the Corporation of the town of Bovnmanvxlle
rel&ti. to exemption of all the proper t of I
The Goo year Tire and Rubber tom an o f anada.
Limited . in the town of • Bowmanvx le , from all
rnunicapa1 taxes , excepting school tax and local
ftprovement for a period of ten years from the
first day o f Janu,ar 1926. r'
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The Goodyear Tire and' Rabber Company of
s entered into an agreement with the
•C�xiada,
Limited , .4.ha ate'
Town f Bowanvi ll a bearing date the
.
Corporation o f the o n � ,
f fifteenth da of
- September , 1925 , a copy of which is Set i
Forth in Scha ul e r hereunto annexed , which provides for
exemption from taxation , excepting school tax and local
IM , ovement. of the lands , buildings and machinery of The
Goodyear Tire and Rubber Company of Canada, Limited, situate .
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E in the town of Bowmanvi l l e ,, f or a period of ten years' from
„the ,f first day of January, X1926 , and it is des i red to bring
said agreement 'into ,offect;
BE IT THMWOI ENACTED b the nici 1 Council.
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of , the Corporation , of the tovm of Bowmaxiville , as - follows
1 That the said a�p�•� eement` as set- forth in Schedule "A" y
di tions. .are._hereby
hereunto annexed, l and all its terns an con
ratif ied , authorized and c onf irmed;
,
2. All the. - property owned acid held by._ The' .Goodyear
Tire: and Rubber Company o f Canada, Limited:, within the ].ice.t
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s
of the , Corporation'
orpora�ti on of the town of Bo�wm�anvi l le and ' us ed by ,
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the sail d Company in connection with its business shall be
all nisi al taxes except, school tax and local -
exempt from 1 p
improvement for a period of ten years from the first day of
imp p �
whole of its lands. buildings ,s , machiner
January, 1926 , on the Y �
and stock are trade.
3. Nat-rithstandi anything in said agreement ' contained ,
r of said c��n an in the town
of Bwmanville shall",
all the property p y
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be liable to school tax and local im rovame�nt on the full
p I r
f,
aseesement value thereof as provided by Ue' Assessment Act.
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4. This b -lew is to be effective and connence on
the I first day of January , 1926. 1
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t Read a . f irst and second A,time and passed in open
Counc it on the twenty-f i re t day of S ep tenber , 1925.
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John ?1�ae� -1-rk_ off_--thee C=or----_ . _- .. _.. - ..___ --- -._..__ _m•_�_..
e porat i on of the To
• B owmanvill e; , hereby aertify that t he above t �ne
wri t t,en { ,
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Paper is' a t:rue ca o py of By haw ja 0;
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von Its first
,.. ., g t
amd- seoo n d reading on the twenty first day of September
p y p ;3
1925* and w s read. a third tithe and ftnally' passed on: .thy
f
d aZr of
A. 25.
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0 H E D U L I "A"
T I S IGREEME N 'T
a d 'Into this fifteenth day of September , one
made and enters y p
thousand nine .hundred 'and twenty-f i ve ;
� �etweon :, :'ORATION OF IM TOWN OF BOV�I�ANVILLE,
tir T HE CO
i
here inaf ter call ed the Co rpora, ti on,
of the fi rat part, and
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r - THE GOODYEAR T IRE -AND RUBBER COMPANY OF CANADA,h TED, s Y
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hereinaf ter called the e Company,
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of the second part, r
w1TNESSETH that the said parties hereto , for themselves , ;}
a each of their successors and assigns , respectively . 1
their and
M tual.ly covenant and agree as follows:
All the property owned and held. by the Company within
+ nvi ll a and
is of the Corporation of the town of Bowma
the. limits
used by the Company
in connection with its bus ines a , shall be
T 1�
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exe m p t from all" mm:Lci al : taxes , except school tax and local
f
,
a ri od of ten years s from the first y c
improvement , for pe y
on the whoa,e� of its lands , bui l dins and machinery. V .
January , 1926,
_
r
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n in said, •agr e omei thetand1 a nyt hing o
.r
a burld
coma-ined -------the •land _ings and machinery of the said
- x for school purposes. and' 1 o cal ," r
�Coinpany shall be liable to to
ssrnent
t ' value thereof as provided
imp
ro vement , on the full as s e s
by the, As-s es sment Act.
• ernent and b -lay to be founded hereon are.
3. This 'e Y
s
o f it rs t day of January, 1926.
-to be .effective' . and commence on th y
en the arties that the said
4, It is also agreed betwe p
Company shall pay all fees ,es costs charges and other expenses ,
_ attendant upon , this agreement and
including the legal charges p
ted hereunder and i t� i s
the - b -law to be pr. epared and subs t s
1 char e s shall be limited to those
also , agreed that the lap a g
r ounsel or 0olicitor who p resents this agreement to the ,the
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Coum,cil of the Corporation.
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IN WITNESS WHMOF the - proper officers of th e mp
have ' herbunto set their hands and affixed its corp6rate seal ,
and the Mayor and Clark of the Coforation have set their handis
and caused to ' be affixed the seal of the, Corporation ,
(Corporate seal of the T. S. Holgate
(Corporation of the, 1(myor
(town, of Bowmmville
John Lylb
Clerk ,
Corporate sea he, THE GOOD TIM , WJRUBBER
1, of T YEAR
Goo ear Tire and coo, OF CANADA,LIMITEDe
Pub er Cbm, ny . of
1W,
ana' da',Lim
ted C * H Carlisle
Vice Pres.
R. . C. Berkinshaw
IT,
As s i stant Sec re ta
UP
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