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HomeMy WebLinkAbout1334 ;¢ Lie M Pbv. 301h June, 1M. t' OmL { Munlolpal By-!ow for Current ' Expenditures " X103 W"10 In cmwa. t+ BOWMANVILLE r . Munlel alit of BY-LAW No.................................. . , r. - A BY LAW to authorize the borrowing of $....�..... . .................:....... WHEREAS the Council of the Corporation deems It necessary to borrow the sum of ; r t G, dollars " Corporation for the year; to meet, gun it the taxes are collected, the current expenditures of the Cop ye . " ` AND WHEREAS the total amount of the estimated revenues of the Corporation as set forth in the estimates adopted for the year 19. .. .., not including revenues derivable or derived •NOTEt Insert gym- borrowings and issues of debentures is *............................................................ +f cunt d estimated from arrears of taxes bor 11"IRM for ournnt year if ad- ' o tsd• if. not, those ::dollars a' last year. ..`'�1�.......... . ........ . . ................................. ........... . ......... ...................... • r AND WHEREAS the total amount heretofore authorized to be borrowed this, year for 1 k NOTE: Irmt am* Duet of pnvloue the purposes mentioned in subsection (1) of Section 334 of„The Municipal Act is..........................:. taw(a) pNeed �� , 46-6 6......:....•.•..♦•........•.•....••....oboe**......................dollars, of which the Corporation has alr+ea y borrowed a total of...................................... .......................................................,...................dollars. i 9 •..•..•••.• + 1 ! • r THEREFORE th Council of the Corporation of the.......... ............................................ po .... r . . .1► re y fo _.--- • y of. .... ...... ► ..�.. :'•. ....e.....e.....he �. .. .... b enacts as (lows Y 1. The Head and the Treasurer. are hereby authorized on behalf of the Corporation to borrow from time to time, by way, of promissory note, from the Bank,of Montreal, a sum or r sums not exceeding in the aggregate. . f c,:� i y I h collected, 1 .....................•............,.dollars to meet, ,untl the taxes are co ted, the• , current expenditures of the Cor, ►ration for the year, including the amounts required for the• !• purposes mentioned in subsea'on (1) of the said Section 334, and to give, on behalf of the Cor ration, to the Bank a promissory note or notes, sealed with the corporate seal and signed by thorn for the moneys so borrowed with Interest at a rate not exceedrng........... .. .,:... r con urt� • . per annum, which may be paid in advance or otherwise. F , , •:' J r j Y Y Y s 1 t F a ;1x .e -:.-, 5,,_,: w ._ .. ..<t.,se_ .'b_r w .7,... , ?w.. ,,... , .. .K. 3..± , 11 I I I I I !, I . I I f I I .I I I . I I ft . 1 I. I, I _ 1 1 I . 1.I. _ - Ir ) , rim 11 ' '! . .! y ' r I :�I I 1 t I. Ia ) ,.a+ ,,. 1 1. Y1 . ., 71 - .. - r : . r 'All ' I I , _ �`' { ••.....6a6�.r. ,... /',.� I :� , + ) rI,. L ,i } , , I - M in the , 11 , { 2. All sums borrowed from the said Sank, for any or all of the purpmes mentioned , Cs5 4 .11., *11, said Section 334, r►hall with interest thereon, be s oharoe upon the whole of the revenues of the 1., #t,I ` ' Corporation for the current y©ar and for all prac�ding years, ae and when such revenues arse nJ 1;. I _ _ laf'11' reoelvea. 1 . 1 _ , ' ,. .1 ,1.;,�, 3. The Treasuror is hereby authorized acrd dilrocted to apply in payment of all sum8 � 11 I ­1 ,`:" borrowed ursuant to the authority of this By-law, as well as all other sums borrowed in this yoar 11.1: I { • p F,;�,° 1111 s, and any previous years, from the said Bank for any or all of the purposes mentioned in the said " y8 her�eaf ter col lec#ed or nocei ved on � . Section 334, together with interest thereon, all of tho mono ill,,., .,1 account or realized in respect of the taxes levied for the current year and precoding years and al s z$tl . {�, of the mone collected or received from any other source, which may lawfully be applied for such 1, 11Z, I y8 t purpose. I . } 3�' !��( Ae. 5.5? Passed this D I' ay :... .................. 0.006 0N0 0000000 000 041 9.006 I,. I I �;�. 1_­ — -�ii ........1,............................................0000.. _ ,N,�", i n."I": . uli I ."'�_l't�� ". 1 .11 „1 ) �' 1­� , I .X13 ', � I ,-, . ���,,��7,I”.1,b:!.,',-! ��, , ,�,I�,. 1 ,, '.' If I ,` : • '. ,_` •' yr11.. �RAT� , .. . ... .......6.......9.00.6....,..................00000000..........1. lnll 1'` (The HOW d tlhe� c 54 , , _ .. r:'' 0.0...09.09.990.0.►.u0....u.n.............. . .9 .00.. 9..J.66A r 3 cbk9 11_ ��, . , - . t_ .�.�i-,.. r��,� ,, . I I I , . of the Cor ra� I hereby certify that the foregoing is a true copy of By-law . ......... po fi��� . r g, I a6sed at a �' {. • • . �� in the Province of Ontario, du y p �4�Vft1 t on o, ...........................................................V....... I .. .111. I `�` he said Cor oration duly held, and that the said By-law is in full �' ' meeting pf the Councrl oft p ` 11-1 r ' I I V I , 1 force and effect. . . I o 1'1 it/D Ili i/f� d this day of 1, .1 ......,......................9.0a�69.9.966.�6�..6a66.969..6.. •.,9.6.6 .666.6696666.0�►69666669 666 H661.666666�� � .. F.1.P Dafie �� ON the Seal of r ;1 . `� .the Corporation. • • ' � �,. •1. . . :: G r „�+' 66 0.6 9►6.966 6666 16 9 666.66666�606�666�0669..061.666 bee 9 6996.96 •6609.66 0.. . i�. ' ,. . +J' 1 g}f ;~ ! __ � _- . - /. - _ — t� ,, Pf £- ti . i , , , / ,��,,. op r RATE - . ' MI,,.. s,• .w . J, t- 5�. .111;' .- ' .• .; - I r' aW a - . . / . : .. . 1A, ,_,fin.. , +.d'.1. '' ... ':.5 }rf`+f,.F I • . .. . k: t . ... 111 - .. .. ,. :, t , - ' ! (, r J 1 . , . ., r. . I p A .. ._. .r ...,... _ ............. .:0:00_0,. 0000..._.--_. 0000 0000. _... , .. :,:,..:. ,. .:.... .. :...: ..... .0000.,._ . ...,0000.. ._ I. ,,. u. Io .r 0000: „.., ,......,, ,,,, .,,, .. ,,, .,,,: ..,„:, ...�. .,. ,., ,.. „.,,., ., .,,,.. ,..,,.000,0.,.,.,r :, .,,, :::. : ,,, ,. _ 1 ' y{ r 1 ,- K , ,� n�.noatad E�CTEtACTS FROM: THE ONTARIO MUNICIPAL ACT R,S.O. 1927 1. 11 . . 11} . k ma b b -law before or affier the pass ng o _ i f the by-law fbr i the rates for the :, / 1 A council y Y Y either i,: borrowing nt ar authorize the head and treasurer to horror from time 'to time by way of promissory nofie such sums ae �} , ed: curre ye ' .,_ r 1 =: the`council may deerrn ne ry to rraest, until tip c ilcctcd, thg current expgnditures of the corporation . }�% r including the amour uicwd nor ir�ic�n n i9 pric �i dal end interest falling due within the year upon 11 il, -. 1 ” _ . for the yea , ., tine 1 n 8 ��r�pn . ci i ' urp � 3, end for any board, commission or body ,and f= debt of the corlanr , 1r, L ,_� r ^ r . • other urpo forric7 sip flr �rtina� i �iG �J y 3a , � rved�. I _e ..wt�, *�_ I , � p . 2 A .aural°°ivc � � ur �^yid my y fop to purls nrentionsd in subsection 1 shall not, . ��r „ ins t with tj>< pprol'$ I a t�= a� nyiq Municipal �arci o%c -sd soventy per centurri of the total amount of the �, upon ' . . exoep . .1. �k'; imated r� r n � ho � r flr i � t North it ti u c tir-a t adopted for She year. , Is I � est . Temppoorary �tilc � i ern adopted, the limitation upon borrowing prescribed by sub®ection 2 shall t+errl- - a piication , {�� c icul � d u on tin tirnated revenues of the corporation as set forth in the estimates adopted for the 1 o�eeumatet porartiy b� !� 3 .. or praosdinp next preceding . �� b y,= E_ ur o#subsections2 anti 3estimated revenuresshali not include eevenues, derivable orderived I, Exclusion {4J For the p ptx$es from ma 11 of takes borrowings and issues of debentures. .a': nvenueo. . , from arrears . 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I It le I � �;i I I — I � I � I BAN K OF MONTREAL 14 r I, ,t {11 I $" i+ r r . 1 ill I ri. v ;: I; } l 1 I r { _ _ -1:. .I, I ,17 •H./1►1/NH//H//N►11/11N►►.1►11►.1,160..1...r►.....rl•u r......1►.►►.a►.u►.►a►►.1Nooboo ► ';I+ r Y i . {r'', ,3 i�, d .I �_ tW '{� I .1 W, , I rF I ,. 11 Y „ rtQ� 4 Authurixin the ► _. , r w . t. � . . �N 2 . _ , , a ,, v a (,. - .t • r1 I' ' s t. t iI ,u r � r , ' '� , , , - "i .'a cr/ ,,' j.,.' , ,. ,^' I 18 , . - ( rrowi g of �1..• •.1..��.►.1......1.....N....../N.../H/N..M./.a/N..• �- Bo n y ,- y .For Current Ex nditum for 19..3: ;. A� 17 v �'�_r t, ' t. r f p,.11 �' t j, / I, { ' \ bl} /.11.► 0,008. ►. //// I ,11 . 1 .. ... r .. r ' r.I .y• i1,' I ' I� S ! 4 . tt ,i ,, t ,, •{ , , �.x{ MUNICIPAL CORPORATION . .. r 4 ',L t-. . d t.r.• 1, .t}r1 r 'r'. q.l. !� ... r J I {�� � j^I „ A I , i h Y , . ,1.11 r � , .. , i+ i 1 . . ,, ,' . + '� :a , . , t 9 ,, y,1 � � I I . ; I ��, ,.— I . . � ]BOWMANVIL TTjj�� I I .r , , x I . , :. I I L.1 r.I. r 1. . 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