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HomeMy WebLinkAbout1194A by-law to provide for borrowing $118,118.29 upon debentures to pay for the construction of certain local improvements. ex f s 1 { % FrA t r a4 TOWN OF BOMUMILLE B S.Zaw NC r 1 i i t r _ A B -law t o pr ovi de for borrowing t118 118 . 2 9 up on d eb en- s tures 'to pay for th-e c on struot ion of oerts' In local ' imW o vem a nt s a ' WHEMS pursuant -t o .0•0nst ru. at i on By,-l awe Numb a rs 11720 1173 .3.'80 # 1181 end. 1182 , certain Works have been constru' cited h of the nature , on the streets qnd b atvuecn the r,oin is as shown" ar • in c o 2u,mn.s 2 '3, 4 -and 5 of Schedule AL." h per e t o as local im» e pr ovisions o f . The Lo cal Im ro vement Act ,provern ents under th .Alts 17HEREAS thej total cost of each o f such .works , the ,r corporation' s portion thereof and the owners ' portion, thereo.f ti (anal. for the ovin.erst portion of the cost of each o f which such. ,¢ viork s a sp ec ial assessment roll -has bee n duly mad a and cert if i ed) k . 4 are shown in columns 6 , ? and 8 r esp ect iv ely , of 'said Schedule "A",* A N D 1,7iS the estimated lit fet fine o f each ' , o f the said. . work ._ . out * tv enty/.years , = AND I 5 it . is necessary to borrow the scan Qf $118 , 1�.$. 22 , g 11 of -the sad work �.n the total tel cost- o f�, a s ,_ as shown , -i in column .. 6 of said Scshed.ule "A " ,. 1 . on the -credit of the cororatian a�tid. to r Al i: ssue debentures therefor , bearing interest et , e rated of Pive per c ent p er axon=,, whi eh is the amount pf the , debt rote .ed 'to be created by thIs by-lat AND X 9.5 it is expedi ' nt to . make; the. pringipal , of the ? said debt rep sy all a in y early, sums during the pe riocl of,, twenty, t years of such amounts resp ce t iv e 3y' that the aggregate amount pabl.e for principal and interest in any, year shall be equal . ( p� � as nearly as may be to the amount so p aya bl a fo r p rine ipal and i interest im each of the other years , ; A V SEAS it will be necessary to raise a.maally the su. as shown in c olumn 9 of said. Schedule "All aggregating , 947 8 *l.. ft ring the period of twenty y ears to psy the said y ea rly sums 4 of 1 W ino ipal md interest as , they bec a due , of which the sums tl VO L 3 x „ r. '- z • - - , , _ ,,_ fit. }. t+ >tr � d Schedule "A a regat ing $3373 *42 shown in o olumn to o f a . g to the oorporationfs portion of the cost and ' are required pay i s ol.unn 11. o f se id, r interes t thereon arid. the, sums as shown n f. vl f�g, �� re atin 5902 . 70 are rewired, to pay the B oh educe g g g ri owners portion of the cos t and interest thereon; s �� {' a mount of the vv hol a rateable p x op erty . of , .dhTD ��'H��S the a � the Muaieipality oord3.n to the, Est revised asee�re�nent poll; o r Is the. e�c .sting AND S the amount of t a' debenture debt of the } +E:c ur ed b ' Co oratlQn e�calusive of local improvement d,.ebts s �+ and none of th e special ra ies or ass.ess�ients , i ' p �rincip al. o r . interest is in arr a ar ; , rieMI,,7 RE the p al ouNa ' il of the. Qor f th O town of Bovaaanville ENTACTS As 'OlmyS ; for the u e aforesaid. there shall .beorro �ed 1••. That p on the credit of theorporata.on at large the hum of $ 1180118029. , . , T e therefor in sins of not ] -s is , than_ and de be nta re s shall be i ssu d. ♦ 00 e'a oh be arin ,,,interest at the rate o,f F ive per CeYlt .., ' . . and. having c o�z on s: attached thereto for the . p �nent•, per annum , g p fa interest * th 3"ESt the , �' l'he debe nt�zres shall all b e d.at ed. as ' of 2 . , . 1 day , of 1� , and s hall b e rya bl e in twenty annual d instalment on the / day o f in' each o f the r inclusive arid. t h r e sp ee t iv a amounts o f years 1934 to 19#1, rinc i al ' WILd int erect payable a in -each of such years shal, b e . principal ' p ; a set forth in Schedule "B" hereto annexed * 3 T he debentures as' to both .princ ipa and interest shall be ' N— r ex p r e s s ed in Uanad.is n cu'rr ency an may q e p eat grabl any � lace or places in Canada 4 • , of fthe Corporation shall sign ate , issue the'The T ay or t e debentures and. interest coupons shall be signed debentures and. h , a b the . Treasurer and the debentures shall. be sealed with the seal. y � of the Go JO radon.. The s gnature of the Treasurer ' upon the - re • r ��� M� r VOL= 3 z df - } it h F ` _.. , .•! ; _ :: _.:.: N is5e.z3r �x*+c`.� x•$G'�...... .. .c,.'_^�'`,', .._' � ,. v �v��2-vh.^n3.ah�...r,Lk>~.,+-v..?:r".e.x' d&`e"i3;'- .• t$la.,"Z'7.tiev�'',ck,r,' - ' t 0011 p ons n1 -b a written. , St ampe d , �:i tho graph ed or, engra r ed . 1� u. .n twent ears the currency of th e debc� ntti�res 5 . g f v ati the sums shown in c ol.txmn 9 of say. d. Sch caule II A!1 aggr g $ 2478 . 12 shall be raised annually for the payment of th e 4 debt and interest as ' fol�.ows : i mn l4 of said Soh ed.u�.e ,n aggre_ The suns shogun in c of u. acting $3575 . 42 shall �be raised a rnluai.].y• for the :�ayrn _ on of the cost and the interest , thereon the c o rpo rat ion' s �o rti anc shall be le vied and raised annually by a special rate cf or o er. n . b s all o th er rates on � all- sufficient then crt in the l��uni c ip at the soli a time.' ' � the rate e 1) ro-p y sn and in the sai-.e ma,nner as other rates & the o vi rye rs ! on i on of th' e c o s t of For the lam. ym end of p 1�. 'the interest thereon , th special, f each o f t3 e s a id. `r o rk s. a� t ; forth in the' said. special . assessment rolls assessment set s hereby, imp o sed. upon the lands liable therefor as th ere u� f • e �. as s e s sine nt �cu ith a �sWi euf Vii.c i ent r set north , which s aid sp cia rest � thereon at th e rate aforesaid sha11 a `b .e to . coves ante , ,, i?.ay�_ent• of the , • to lm e h c du : aggr �in _. .. n ' f' an�oun u s sho rn ' in e a uxin 11 o said Sc 1 eta that -nu ace th.e r s � ect �.ve spe.e ial amu.al, 5 9� 2. ?0 , and. fo i I re l s rates er f' S- oot frontage set forth An�.'n the, : .Peet . . '° a}o ec'a asse� rolls s are hereby eb imp o s,�d upon e •ac h lot „ m ent ioned. in th e �a en t 1 y , • Y ac,c o rd.in� • r e s ec t a.v.e asses sm a nt� ro�l,l s for e ae h. o f said.' works� s { said fror to e : }z ereo f over and above all 0 ��. eT rates 't © the assessed. g which s: yid sp.ec2.al rates shall. be collected annua3ly � aY3.C1 taxes e fog .the eo oration at the same t ,�ae by the Oallectcar of Tax s P f fi anal ` in the s arc.e manner as o t]h e r rates *' , 60 The debentures ray, contoi . a clau a ovi&in fax' th e registration hereof authorize& by any Statute relata.n� to , g . c i debentures e nt�ire s in force at th e time of the is, su a th'er a of. .un i p t The amount of the - loan authorized: _ by this ` by-�.ava may be : consolia.at ed vi ith the amount of any loans autho red by other 4 fn IF! ' J ' F VOLUME 3 } 3 ... -. ".� a .r. -.... •.. }-��...,-... -,,. x..24'.. .. . .:....... �u �x.�. $ •a,.4-k�i„; sRlt^^� '41f-. r?u-, a ,.4 �dr� 'w'� �,�t� r ,u t .. #pg 1 ' 1 I l 'TTT t.`. 1 i llooal imp rovement by-laws by including the same with -a 1-2- oh other loans in r� cons of . d ; in rr by--low suthori zing , the borrowin o i �►h o a Ire �►t o nn�ount tlxereoi' as one loo n, and ,., { the issue of dob� ntl�z.�e for such loan in one eonsocutivo issue pursuant to the provisions o f, th e Statute fn ��'t bsba,lf . - - 71/ a. h I a3. . t a as t ► � . , y t o ' , a2 passing th,ereof . PASSED: this / of 0 1,� 2 .9 Mayo , { r' J r .,,.',. .,•.' .III, „I II-. , 1 I ,1 1 P� > I • � , � , 1. • , �' , ��, , , • I , 1 "'• .i'„c+:Y iJ it....:t ti L.LI.:iL♦0.i:�.A.,tK'..�. .r..t/illtrl+v {,IPtIhV\41 n .♦r.a.•ny....,•.h'v♦'...npn.nm•♦^m+�• - ,t�. .. i ....................... ........------------ .................... 1 , : : , _r : ,. f , Y, , h , , I , t , bl , jf • y y s } 1 t� t _ , ..,. .,;-c. �-:°•"_.. &.{ ° ... .: .' r1_ ^*f�'fi.t: l.. .: .. � %agp„# f;`3`4fi" x9 kwT'44rc tar's,m's� r IV Y µ vC�LiTN� 3 �Y SCHIEDUME "An . 1 2 3 4 5 6 7 8 9 10 11 No . Nature of Street From To Total Co rpo r- Owners ' Amount to be raised annually for: Work Co st ationt s Portion Payment Go rpo r-- Ovi2aera I Portion of debt ation ' s Portion i - -- - - Portion r 7$7_7__-_ w - - 1 -�. Pavement Sougog St , Ding St . - O"Dell St .- - -- ']1$0 . 09 304? . 74 4l32 2 liberty St . Ring= St . Concession St . 12960 . 26 4273 . 60 8686. 66 1039 . 96 . 342. 92 69 7 . 04 ' 3 Silver St . Wellington St . King St . 6030. 67 2545 . 09 3485.-38 483 . 92 204 . 22 _ _ 272 * 70 4 - Wellington Ste Scugog Ste Mib erty St_. 29107 - 1-5 10020 . 47 190 86 . 68 2335 . 63. 804 . 07 1531 .5 6 5 t' /Beach Ave . - Concession St . Mox-ve St . 527-6 .02 184.7 . 38 3428. 64 423 .36 148 . 24 275 . 12 6 Terpe.rance St . King St . Queen St . 5828 . 24 2432 . 22 3396 . 02 467 . 67 195 . 17 272. 50 7 - Ontario Ste Vie 11in gton St . King St . 6931 . 22 2881 . 93 4049 . 29 556.18 231 . 25 324 . 93 8 tt Manb ert St • King St . Queen St . _x ----1800 , 40 648 . 18 1152 . 22 144. 47 5 2 . 01 92 . 46 9 t� '' Centre St . and o T - George St . Lowe St . King St . 13183 . 94 5875 - 45 7308 . 49 1057 . 91 471 .46 586 . 45 10 f' Church St . Scugog St . Silver St . 5970 . 09 2056 . 29 3913 . 80 479 . 06 165 . 00 314. 46 11 n Church St . Silver St . Division. St . 6223 . 61 223 7 . 11 3980 .50 499 . 40 179 ,51 319 •.89 � - - - --- 12 ---- - ---- - - -- - Church- - Church St . Division St . George -St . 5153 . 88 2140 . 20 3013 . 68 413 , _56 171. 74 241. 82 13 Churcn -: t . © .tar io St . - -40 0 •52 1350 . 10 2853 . 42 321 25 92. 29 228 . 9 6 14 Church St . Ontario St . Miberty St . 846 272. 98 40 62( x � r�.�r•rwrrr�r rrrrrr----------rrrrrrr+ r�rrrr rrww.�rrrr rwrr rrrrrra - _ -- --____ --- =_- _ - - - 118118 . 29 44557 . 61 73560 . 68 9478 . 12 35 75 .42 5902 : 70 Q Iq VOLUME: 3 .._ ,_.'�c.. r`3' .U- .' .s,?ra ... ..,. - .. .. x:. ..°F .. rs-:-"�'.., ._.. rv. .. .e ... b �•». .. �.. zm.._... r.,.r,..a s•,":9 "''-.tr''t•.a-_.„ .�,, ,�.. �,.', .t....,.�. _ :. ,. .., h- e °�.1 "`G..�: .ay- �„'. t*., >hs.+r� 7 + f ,ate xi `4s 4 I� r ' I _ SCHMULB Il1311 I t y No . Prinoipal. . Interest , Total ' ...,�... $3572. 21 $59051091 $ 9478 • , 2 3750 . 82 5727 .30 94 8 r3 3 393.806 5539 6 9478 . 12 4135 . 28 5342 . 4 9 4 7 5 . 12 4342 0 . 5136 . 08 947 .12 '4339614 4�1 * 9' 8 `« 478 010 1 4 4 9 .02 9478..12 .}.r 502 . 45 4431067 94-7 8 *:L 2 9 5277 . 4200 . 35 94 8.'x.2 r. 534 , . / ; 6 .46 _ 12 } 39 94 . 818 . 74 3 65 ' - _ 9 38 9478.12 9 . 12 , 6lo68 68 'o �3 33 44 94 78.12 .a 13 6415. 16 3a 62 . 96 94 7 8.1 2 x� l4 6'735o92 2742020 9478o12 r 70.7 2. 71 2405 1` 16 _ 947 • ].2 742 6 .35 2051 . 77 94 7 g,12 ? 7797 . +�6 1680 . 947 8. 12 46 , �# 18 8].87 .55 1290.*37 - 8. 1 1 57 947 2 $596 . 92 881 . 20 A78112 : 20 9026,4? 4.51.•3}5( 94 78. 12 u t : r r , r r I r r r , r r i; I I 3- f r r. r ' I , 1 l! 4 `f r • • I / , r r Qr. 1 / r. !1 1 , r y� R i , � x r' r , Ir r r ' r f r VOLUME 3 _ r