HomeMy WebLinkAbout1567 t,',V;F,'M W
C ORPORATI ON OF THE TOWN OF BONMANVILLE
By-law No
-A BywLaw to provide for the borrowing of ' the* mum of
150' 000 . 00 upon do'bentures to defray the 'cost of the
b ilding and furnishing of a six room Public zsohool on .
Church Street .
WHEREAS the Public School Board of the Town of Bowmanville has
made application to the Municipal Council of the said Town ,of Bov' ananvi'lle
for, the sum of 1509000 .00 for the puLrpose of paying the oost' of the
erection and equipment of a six room Public School on Church Street in the
said Toip.
AN D WHEREAS t be Council of the said Town has a proyed of the
p
'said application,,
�J
AND WHEREAS for the purpose of constructing* and eqaiping, the
said Public School it is neoe ssary to borrow the sum of 'One Hundred 'and
Fifty Thousand Dollars on the. credit of the Corporation at large and to .
issue . debentures therefor, bearing interest at th e. rate-
intended-, to�--be ozeatod'-
tIVI" ov"'a' ' th
De
e Ao','
by--thi-s--By ' IAw. '
AND NHEP.&Z , the amount of the whole rateable property of the.
-Municipality, according to ,the , last revised assessment roll is
$ � 690309936 *00
AN D WHEREAS the amount of the existing debemture debt of the
Corporation as of October 318t , 1953 , is 7009601 * 89 amA no part of th
principal and interest is in 'arrears ,
AND WHEREAS by order dated the 18th day 6fkarch , 1954 , The
'Ontario Municipal Board, has - approved the , puipose 'of the , said borrowing
and the , passing of all requisite By-Laws. ' Ina luding debenture By-Iaws
"IF
NOW THEREFORE the Municipal Gounoil, of the Corporation of the
Town of Bowmanville enacts as follows * �
That for the purpose aforesaid there shall be ' borrowed on the credit
of the' Corporation at large the mim of One Hundred and Fifty Thousand
Dollars , and debentures shall be issued therefor in denominations of
not leap then 100900 each,, . bearing.. intereotat_tho. reLteL
of 4 ' * � per, " ,
annum, payable annually and having coupons attached the ieto for the
ent of the interest .
20 The debentures shall be dated the First day of J'Ume,1954
and shall,
be payable In twenty annual instalments on the First day * of June , in each
.V,
of the years 1955 to 1974 inclusive , and the respective amoants , of
priniotpal and interest payable in eaeh of suoh years Shall be as Set
forth in Sohedule A hereto attached ,
3 do The debentures as to both principal and Interest shall be. payable In
lawful money of Canada at the prinoipal office of the Bank of Montreal
inothe City of Toronto , at the branch of the k of Montreal in the
Town of Bowimanvi,lle or a t t be Of fi a a of the Municipal Trea sarer in the
Town' of Bowmanville at holder' s o ion,
Pt
4e The debentures shall be sealed with the Seal of the Corporation and
signed by the Mayor ,, or by Some other person authorized by By-Law to
sign the same , and by the Treasurer , The said interest ooupons shall be
signed by the Treasurer and his signature thereon may be written , stamped ,
lithographed or engraved
Gonmenoing in the year 1955 and thereafter in each -year in which an
-debt and interest became due , th
instalment of prin6kpa of the said
Corporation shall levy and raise the speoific an shown for the
- of the said $ohedule, *Such sum shall
respeotive year , in the . 4th oollinn
be levied and raised. by a speolfto rats sufficient therefor,, over and
above all' other rates upon 611 the rateable property of Publio dohool
supporters In the lolpalityo
P
A 7--i,,�!,�,;-
.::
e
__. �e,.....`_ , _. ,r,.a.� ..n�x�?. .-._„T+ R -n..•. sx��x�s., .:. �."... -..., 3 e..:.. ,:-G �„'G '.". F"'.d . ..,.k Tt' rr.'�`' __ _
2 � s
fs. The Corporation shall have the right at its option to redeem
the said debentures maturing . in the year 1974 on any date prior to
maturity at the places where , and in the moneys in which the said
debentures are expressed to be payable , -upon payment of the principal
r
amount thereof , together with interest accrued to the date of redemption
and upon giving previous notice of said intention .to redeem by
advertising once in the Ontario Gazette and once in a daily newspaper
• of , general provincial circulation , published in the City of Toronto ,
and one a in a local newspaper , such notice to be adverti si ed as
aforesaid at least thirty days before the date set for such redemption ,
to each person in whose name a debenture so to be redeemed is
s
rl
registered , at the address shown in the Debenture Registry Book ,
70, The said debentures may contain a clause providing for the
= _ registration thereof , pursuant to section 335 of the Municipal Act
g
Pending the sale of the said debentures the head of the Council
and ,the Treasurer may raise for the purpose aforesaid by way of loan
on such debentures any sum . or sums , of money not exceeding in' all the
sufn hereby authorized to be borrowed and - may, hypothecate such
debentures for such loan,,
I
- 'f.':c_. ,.c..t,u.t,1..SVwbI.WA;LY1i18ksA,l3L'f WAt4Ka2'L'vuYevY;zartn,'r,c,[;m�:'tIG2.ci I.s;v.•-I::.n I.,:r.:.:.:Lail tJ..1..J:.. ., -a;r t,r8.r..rar„ ... __....__ ___..__�_
.S' _ . ....,sc,;:. .f r., ,...•IY.zdl+1+'v,.1'q-•. r .LaA J.Y;4 \•:./,1.VtR'.1 4 a..L.I:UtC./19TY,:vuy
r_ _. _. .. ..__ ., ... .. .. .;.,,, r, r. 1 1 .r r... p ...I e 1 e,;r. r ,':,g i 1,. 1•re_`. r ., e 1¢n 3 +"rt aL1,I�vk�'",r{Iti t+'uv.;c,,:
„ ,,":,,• ,:.. -r„11,x, I „r, _. r r t —j
a;
d
Read a first and second time this 'Second day of November , 1953
•
Ak
,
rk
Mayo .
m
t
Read third ime and ' finally .passed this Thirteenth day of
I '
{ Ap41 , 1954
va
•
,
1
..,_,.. .R. .,...._.- ..x....wnx.•.nasmw.aMnm®mcst.oyyy!�vfy:,'.YC .v.w....r. ,1•- v .. ..... v ,f..:{ -... ,f�„ ,.a If`• ..
,r
a. - ..
t� __. ...-... ..�.. ..+......_......., u.•r..r.n rr ., .-tr •.n n'i•.�R^1'ifi'IflTZ4fS—T:—vn.-..'e`•��t:-'r',aRRiTnd'lIRi4`.errli*f44.ru1vvT♦ m• ,•u..r ,uLL•-u•wu ,urr•.lrrY •• •••••• .r ,r,.r.l. :. ................,.. .........�.- __ ....,.
trr'.
. '• ,...v..+i,w:n.J NfY,L?Y .NV wwm, ja.wur...r u• m n. O.+ 1, !t i,iv rti"' .6•.Flin uH:.Y;. bFd b! _slue d?
'::, .,...-.' ...f..,..,�u tt vrt^ :b, t au - ltetit•{u.1.'ar.1.Fl.lwui,:sn u r,t.-..inta�a_.�.. -'— —..� , tf v'e v+ ,_..e, ......„�1. +.p,.+•,f . ...�:rT, a� I-Y 1�' '17 Mrs Y,:i a C � t+-.7:f s� 3 -t w_'s:�a::f, , ...:I,1•- .__...:.ay,:,..,..._......
r '
. ..,:.r.:-�i.._I.ss .•.. _.. _ .. --�•��,••••• :.._ -.. :,.: •�•••••, ••L _ ••,u,•u�Yaxu.taYS.:Wila•, :v1+LrJ.+iY:yict'..i::.Sliuuii.:Wiaa.u.uMta.x.a,u !.a.l. u f .u,,tiz,a:.,1,.-.-,:a.._
4:t: ,.r, • i. �fL7�uA.'1AIA1' _,.. 1 .. ... ., :.�...-_. _.-.....-,.� ,.... .. .. _.. ._7—_._._..._.. .... f ...,. -_ '
:fir ,,.r.•,1'_ ".�,.rolf MT:BY'.S�,S LS.:1:S4_.G.fY`LRt t' aAy..«....�: r � �'' .. -,.. .,. - '
t .
s
r ,
+ 1
5._ .. ..-.... 7G - r ..,.• " .. r _r•.•y•.r• wrra r,r _. •r...,. ,• 1 ..,auw.11.w .•...•..r.,r. ... ... .. —._.
r.
•
,
,
•
• 1 —�- _. � r. a ..
tear i 1'� I
• .
•
r
,
r
r
r
,
r
»
v
r•r '
.. r
:
,
> r r
11
, 1
r
r Y�
• r
r ,
,
•
. I
r
,
r.
1
I �11 rtlrry,. tiI IN rye ,.,.• ..j,l 1 rrw lw c) wVh,1+ .I. nl. ..ap �.�...u,lY ur. .«.ml ,••• rfl,;l r,rvL ,Il.lu r.nur •
• I r . F4
' ,.nm::,r:i +®wsuvw.l:w„r,w'fill.l+FStaiutal,:.,:,.a,r�r,..ltr ';:. ',. ,•... r :, •. ... ,1 . -+ � {In•r. ,
,' � � , J �, ., ri i - 1 ,1 .. � r UI In,t• -Yy .f„n I i , r . .1. •,,,, ,1
1 ,
� v
r ,
�s r
r '
- 1 ,
r�
r '
r J
,: 1 ♦ I
l
r '
:
i
, it
,
r r
4�'t,. •�irr•,1•Ifl.I,nIIXIl1„I1•'Y rY1.Mr=IRRII..IIIrYI�w ',i".Yrr IfIM ITIkPII{irinli Yfi}rQ1i1%11111 Yl rl/Rrlf ll f!R 1191A Yff 11-.,a,1111 1111/1,11 rl••. � ••. , ..: ". .. , 1' .1E1. :.,` ..:,-: ,. ,, ,... ...•.r'' '.I1:.,:, ' '.�: .�. ,. i' ; p•.' ''t 'IMYiry'.. •,:......
�, - ah � , a r ,11 +141 •Y1 Iti r}� , ,
1. I _ al,. ❑{ r � ' �
- 1iNM•MY.....
a
.LL
rOL=
5
x
q'4 ..1 ,a � k �i i 4 alr L' 3 �,�,"af.K 'y �«; �`'•i F'
SCHEDULE A ' ��
150,9000 ,000, 4Y Debentures
2 • 3 • 40
Year Per Aino'imt interest Payment Iota ?a nt
1955 5 ,000 ,0 6 6 , 000 .00 111000000
1956 5 , 200 .00 59800000 119000000
39400 ,*00 10 , 9,92 *00
1958 5.9600.o00 59376s00 10j976e00
5 800 ,000 10 ,9 2 *00
1959 59152oOO
ti
1960 , 6 1OTbo 00 4"v 920 00 11 , 020 .00
✓
.1961 6 , 300 *00 4 , 676 .00 10,:976 ,00
1962 6 600 *00 . 4t424o00 119024 *00 ,
....
9' 3
0 til 6n, AO
2
1964 79.200 *06 3 , 884 .00 111081+ 000
1965 79,500 *00 , 39596900 119096900
1966 79800 *00 39 296000 llv096.00
1967 $ 9100000 2 , 984 .00 000
1.968 8 A00 *00, 2, 6b0 .00 1.10060900
S 0-00- # 324*00
t o ,„r..1969 9800 .2 -110124o0o
bra;
0
11,072oO
'19972 *00'
1970 . 901000010 .
1"T
r ` 1971 9t400o00 1 , 608 .00 119008000
232 :00
1 1 ,v
972 99800000 119032 *00
000
'840
............. lit �bo
10 ,300 00 1406
In ------
19 1 00 289
1097009 00 3.
1+28iOO �
1974
2 2010 924.:00
Ip-
It. 1
v-,
000
150 , 00 70
.00
................... .
......................
------- 17
.........
to I
to
IWM 10110.141111;11 poll M1, 41110"Jolyl 0'
to
;T,11-- 7
,It
i
w
,
,
,
r
,
,
r ,
•r
r
,
y
t
1
,
•
•
--- -
-. ..r,.•...........•._........_._..._.,_..u.___._._—_—..._.....�..»_...,,..._.. __._...,
EMO
-------- r A •i�ii. . _ .. _-..., _, ._,., IIS�'+idfl dX�%t1%f9#tS6ti'k{�?3l s�i?M�7,rBlF.ti312J�C.i��YJ!•.xq
..: n- — .---- ---..__-__ ._.._ -. ._.,.__....__ - _ _.. •"'�-_._.. __.. --
:*,: ,:'.;:, .r '. .,, i 1 v :I't �,h.'t '! d -fFr3itRfl 9J7(tUntliY+f!ftlp�fRfiNIST6Nflr! dR�7+'A#37siFIk�4R4I+'ifBihFf4?W'b'Ptln6tk8'A(+tt,I;f.; :fk'1t�• .. _... _
•1.t..or/:r7},t3i�171 of 1�li�SSl�llvd4S�Y5{h'CYfefliSV. '4�S'�!�4L*iiSi.lar�DtAXQ{dll9iWA 1
.,,. ............ .,. .ww.-�,,,..•,.•,.,,w•:,...,._...,,...n...r»„r•..,.p,r.e.««-e••«..M•r..,»N.....,,..rr..,.,..;•_»......d....w�.«.».«.,•..:.......,,n-.n-''rrnau•nr«n„rNme,.r:,....,.,...,,..,,•.n.,r•,a..r..,:,.,.,.,M,.....«..«.,..,...r.,...,,,-•..m.,• ar.•.•.,.., ,..,;.. _ _.,_. _ .. - -. -__
_ ,. ,.,.,»w• r...»<.....•.:.,.•.w...•...,>4.,.,.M,,.,.,,...•,..,..•.,....-,,:"n•.x•.•s-___ ."'"",I<"""°' ,:'_,. r -",1' `!', rrm'�r, c . .,.•w",,...•rr..,...».•
;::r' ..._._...,.. - •sx,••'•'r,,�,,...: :� ,,.,...»,•,,r.nA+..,»-.,...-_„r,,,,•o..ra nv,4xu'w.r,yn n "v5 1....,., .:._i r.._.._. w _ ......__..._—��__..,,..._.._a..... ..._-._...... ._,_.._____. _,_.-. �_,. .._., -.__._,.._.._ •..T,--- _
' .., .._ _,-- _. :...�. ,1,.rn,'. ^.rY: rra..,;•,T, r.p.�..,.. ., *-.... -fib t -.,,,:� n. } .. ,:.__ . I IJ'i c!irn,
... .r .._. :., ..: ._ � 1, .. .r , ., .. ' '"' ,t .-r. .... .� ,. ,, ••b l yr, ,.,,..y..l /.
J
s
i
1
�,*�2• I"
,
,
1
J •
C?p
l
r
1.
f
+f
4
V
_t.
._f r ;-: :,,: ... .. ,rr. ,- _+: ,. •,: .. :". .. .. ., ,. ;.. " ;. .- � _ ill;
,....: .... it .. .. .. .+.. .. -
.
,
•
•
r r•
,
r,
,
yy s
• r
,-
r.
G
r
,
r
r,
• r
}
is '1,,; -,,,_, .. .: .;./. . .. , • y _ .. :. ,.. v�, ,.. ..
r,
,
, r
'r -
F
r,
r
... .....- u.•,...;... • :x, .. - _ - ,, _. � , e '«r � snre.. -:x#:ts1 —� 1, �°
#34 f ..-. mF:*tom: .. .. #4i lr{R VSnFFSIi+h{,.nn f !, 5 +fi+RIRCI!"4N7 1h'd:.ia 76F9),�i!kA.'77.•7i Wi7i'r>TJ lk..• n�iY.• ,
.... ❑R`.Y�+f{{+!i..oY#Birixsli2�FsVYt,kil ....L #.{::#Ml£._.K.dhiF_.W!#A'i'N..{. dcl h},? ..W.nW......r��w•..r..... ... r 'rt... .. ._ r •�•'r._....r_ , ... .?r7 i'rf-. ...-..reiiwi•!-:..:.:k. -.... .58Rr+TF ..., ..1+A4. .. 7 .. 5. N,Kif� A FTJ�-�::.<i Ws N '""� ,. . t. ..T ike.'.L;r:S:'"S�».l, Y..,,•»,..,».rr+.a„-,»-.mw, ..
r: u`nn �:{ ww �'r t re q 1 , .., .n _ .rxr •. F[�,•F9 Isi'i�w.,�hainatnH�{reetwtc•,�<v tf{{�„�•-yox<zs o,�rFa •wnaaif'r+,-Gm:r•a',�w„n. YFlI' _._
I -
„
„. ...... !',,, .r,:,:a,,. ,.. .. •• �I
;Ir,.. ,,.., .,.v,r:,...,r.,�„_�_,..,.,.,..�.,:1.,_.R.�•r .<,.,.-;rh, :• ,. e„ ,, r, , , ., <t � ,.; s.
s, . •. .,� ,r . , r„ r I rr_..,.<....•�rr,..•,4•w !� ,.' a �e .'n 4.. a• .* -..: °... i, .A.;,A..»urn <.r....: ..r.. ,��.:.. '7.
r. � y ., ".�} .Ml d,nrn In A.p_fF..11 r., .n .. _,.ul,4m r e�t.,+l• rT'r mars rnl sr rRv Hlar3gir ur^M Ma+y!4 �II�* _.., ._. _- .._ -. ..._.. .._ _. _. .,..
r
•
„_ ,. 1 - _ v,py,•1 enu,lnre ww r , •I. . •.e ,rroe.n:.
to
r
,
,
•
r
J�
,
r
r
,
r
,
r
r
f
1 ,
,
.,- I ,, ; .r ' , ` ,, � ... ,1 r i , y W'/".'MM"'n'rw,MM"'!1' a.•.iyl!'+•vy�.•iwl••...r - �r6,.r•�i.f,'�r.•:'lyll•rx`p,.eHl.enrwM,,T:"..� +n_'M�'IV•uM•fuairr:ar,•.i:.
R�fll�##•,41R
p ,r. •r .., :\ � qur..o..W.,....,.... .. , / r��•C.;t••J' J4M�rM4yC� ...
,
r
i .
v „
,
„t
<
r
r•
1 ,
!
r
r ,
J
r'
1
" r
,
r r
,
-
;+, , IYI 1 .. :. _ ,.. , , 1'. - .i ,.. :. a ri: , 1 • „
S ,
I
,
r:
I'
r
d
r
r 1 ,
u r
1 ,�, I � 4.; 4 I • t. f 1 ,1 r �
r
,
, 4 ,
� p
,
v ,
r
r'.
r
, AF
u
, I
_ 'y... ,`�4 '� `:'.n..,,, F Y v k`k'ar� ,E;eY°Y,�•�' '.'tN1c ..i f r_r'v )y d ,av't .7.�C.v.,.
C ,