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HomeMy WebLinkAbout1195 A by-law to authorize borrowing $98,000.00 by way of temporary loan to meet expenditures on building extension and equipment of same of the High School in the Town of Bowmanville. ,r O _�, U UV te C� ' n o the Own of ll�wlYlan'�I'i l�.e t a BYIWLa'w off' It he or greasurer oration o g On4. 00� 'b we I ,r authorise the Mayor anal t e borrow 49 y Y andit�xxee on bu114, rg extension of tersporary loan t o meet earp down o� he Hi h 30hool in the ' and equipment of sane of t g , Bowmanvi lle• ., e ;� t ho C Duna i l ' of the Corp oration off.' t hs T arrn o c� t neaeaear to borrow on the credit of s ;id 1 Bowmanv i lle deems i y e ew en i t1tr�e 4. Town o Bowman i l l.e the sum of X96 000•QO t o most th and s ui men of the High School o thii k , of brni Id. . ng extension 9 p said Tovine , U or O rat i = of the To* i THMPOIS the Runtof pal Counoi l of the p of BowmanvI 110 onsets as follows ; .. THAT the Mayor and `Treasurer of the Town of owmanvf lle s , t o borrow on the credit o the said end they are hereby empowered t o meet th,� expenditure on 0 orporat i on the sum o4980000# 00 d n and equipment for th® ngh &,chool in the Town of bui l i g Bowmenville and to make and give a promissory note or notes he Corporation on therefore , payablq at suoh time within e ,. o� t P Mayor an& Treasurer tnev think proper , urrent y..ar . se the Said and t © renew the same from time to time as may be neoe s sary, and aid note or notes and renewal as suah , ►ayor and to sign the s � ate meal of the Corporation. treasurer , and to affix the orpor m Y'i , same and to arrange with the Bank making the loan for to the ka 'or and Treasurer may think Anoh , rat a of i nt are at as the said pr®per , and to pay su. oh interest out of ,the prooesde of any Loan so made • k s 4 , the .11 of digtO 192-9 now J e _ t lerk ay or , I. ,. �I - Z. Tyr '•.,.1 I 1.' 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