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HomeMy WebLinkAbout1014I I MY LA's NO No*/0p**1of the'Car poration Of the Town of Bowmnville bentures for the oonew provide for borrowln$ $6742.Ef0 l 0 upon de (I .Mob, cement p&vgnant on oartain streets in the Town of struction of & OOM 13owmanyi, 11 to e WIMIMAS pursuant to Construotion By-19V IffOo 9770 passed on the 23rd,* day of Tune AsDolgIgo &'06=nt pavement ,0 four feet In width gtraoted on King Street, from Liberty 'street to Sto George Yves 166M oon Street In :rion King Street ,to Queen Street, and on Lambert Street# a3. improvement under the provi 91 one the Town of BOWMn 'Of the Local ImproveMe nt Sections_,,-of the Mun I o J jai Act AND REAS the, tat 00,3t of, the pavement is $ of VWoh cost and $412*77g is the portion of the 0 14158o35 in the Corporation' • peoial Assessment R011 bare owners' portion of the oost.,for Whioh a S been duly made and cer. if JedL0 A]jD V HMAS,puraijant to ConstruotiOn Bye-'law No. 982 p6seed on fqUr,feet the its the lay of August, 19I9p a cement, width, on the noted on Concession Streets idthp bus been oonstr 11 said ng on Bide of William Short"s proper being Lot Sp fronti' Bast U r MOD .Street, from T oa Street t® concession Sge Street from Kin g Street to Conoession "Ontario Street and .on Liberty Str and Street; and„ on George Street :from King Street to pinahta Lane$ i str eet to the North Side zoot--s de sougog. . X;7- 0 all :L(lotrio, Plant, as a &a leading'to the old of ro �4 the l -Improvement Sotions. of thuni o ipai Aot e under the pavemnit 6 cost is. $5 87 La '8 of - the tot 0 AND 'SEAS $3923.,88, , tionts portion ,of the cost and whiob $19489 is the C0rP0T& of the 00 at for which a special Assess Pont R0111 the ownerol rtion -IT and o9rtifiedo bus, 'Dean duly mad® to, cost of the work oonstr ucted under AND WHRFMAS the '8749*809 Of $2406.35, aws NOS* and 982 is COUBt'TUOtion By-2 ion of the cost and $433 6*45 is 1-9 the Corporation a menV,��,;I,, 3.1,11 duly forth in the Special Assess -cot' as set Writion of the o 11:f, ij, I made and oartified as follows tal Corporation Street to St. %Gorge st* 35.3o84 230 NJ Liberty St* 77 3 VuLUVTj j, aoxratian► Crimerr 'dotal Street [ ' 104.66 x82.05 286.60 Lambert. Xing to queen , 18 :.16 364.65 G46.8U Conee1�sion � Rest side. W-Short s to Mauna Aft $ Liberty 13troat r Liberty, King to Cones y s i on 7 60.14 142' • 22 2I84 .36 queen, Temperano® to Ontario, 377.43 g�6.E35 1063.28 z 288.01 896075 884.1 6 r George, King to Pinah a lane I .Road 340.27 852.21 1192.48 3ougog , Odell to Electra o Light O 0 . I _ r , I A� �� WAS the estimated l --4-356o45 67 i fe t3.me of the work Is twentY Yews . to borrow the said stun of6742.8C.� AN �EiMAS it is necessary on the a redi t o f the Co rpo xati on and to issue debentures' therefor, SIX per cent .per annUM *hi ah i s the bearing intexeat at the gate of s P kr amount of the debt intended to be created by this by -leer , ke the prinei of the said AND .wlM� AS it is expedient to ma ']' Burin the period of t�rentY years, o f debt repayable in yearly sums , 6 ble for res actively. that, the aggregate amount �Y� , such amounts P e ual ' ss nearly as may be 1 and interest in any year shall be q prinaipa c rinai Land fnter®st in e�►ch of the b1w. for P to the amur�t so PaYa , other years. . to raise si�nually they suer of A0 1 g3AS it will be necessary Ye to Bay the said yearly $587 .87 , during the period of twenty Y, due o 3.oh X209.80 is sys o f print ipai and interest aB they be0ome , tionie ttion.of the volt and the intere8: [: required to pay the Corpora Po r thereon. f. TABI - pRCPERTY of ' the Yunioipalsty ADD AS T� wHiOI� RA aeo+�rdin8 to the last revi� se d assessment roll f s � 2,0 ?6,233. unt of the existing ,:..debenture deb t of tb►e r IRA3 theo bts secured by Bps oial usive of focal isaprovament de s Coat nation, eucl Y° I $,g820990*30p divided as fallow®: rates or assess ants a• debentures, 172 ,52'1.31- tater�rorks and Sewerage IIO , 462.95 er except Loo . I1aprovement All , oth , eat is I ' arrears and agairat and no part of the principa . or inter { atiori has a sinking fund in said general debenture debt the said Corpor ©seesIlion in Victory Loan Bonds and debentures of other corporat orations, L. p F - - mounting to ' *15 , 371.50. Which it, has acquired, y { ' a H A J t x . . M 10 TM eT :. S the Munjoip&I Counai1 of the Oorporation of the town of Bowmnyille enact" as , followss� „ _. Thatfar the purp ose aforeosid there shall be borrowed on the oredit ion at lar the mum of ($6742980) Sixty-seven hundred of the CO rpQrat 6 a and forty -two dollars and eighty oents , and debentures shall be issued therefor bearing interest at the rate of six per oent.per annum, and having ooupons attaohed thereto for the payment of the Interest* 2. The debentures shall all bear the some date and shall be issued 4• ' within two years after the day on rrhiah this By -ole�x it garrsed� ern . gay bear any dater within such two years ana' shall be yable in twenty' nts during the twenty years next after the time when annual instalYne � the same are i ssued• , and the respective amounts of prinoipal and, . t ble in each of such years ahall be as follows: intere a3� , Prinai �a]. Interest Total , .ter... • . I 183931 404.56 587.87 2 • 194 9 30 . 3,93.5 7 587.87 205.96 381.91 587987 2I832 369.55 587 987 4 . - 787 .;• g 231.42 356.48 58 ; t; 245.30 342.57 587.87 w 7 ; , • 8 . 327 7 280 902 5- - -- 8 275.62 312.25 587.87 r 292 916 295 ,.7 I 587.7 , IO 309.69 278..18 8 • �+ 587.87 I1 328927 259.6b 587 987 12 3,47 *96' 239.91 36884 219.03 587.87 9 I3 7 U 39099'7 196.90 587.8 I5R3 414.43 173.44 587.87 4 148.57 587 987 39930 i I7 465.55 122 922 587987 IS 94 60 .27 587.87 493 523.21 64.66 587.8 20 554.47 33.40 587:87 6742.80 i4 8 s a " - sue the deben ux 39 The Mayor of Corporation shall sign an s d the interest ooupons ell also be Signed by the . and the same an ., he Co r oration , and the dsbehture s sha►l l • .be sealed with Treasurer oft P . the goal of the corporation* t ears 'the our envy of the debentures the spun of 4. During twee y y , . � 587087 shall be rai sed anniia3ly for the paynent . of the debt and' interest as follows: The s wn of , $209.80 9 shall be raised annually for the payment of the Corporation's share of the oost and, interest 'therean, and shall z Cv- L7 I ,. r .' , I I 1 r Ij 'f I L I - , I , I .. , , I t u.; I I, I „ ,::,, k` ,`< - 1 i r" n . , I * t `. 1, ' I , ' i I t I , . ' r^ i 1 1 .tl. I i , I I 1 r , +' 1 I I I , i I 1 a' ., , . ° I : I �; I " I 1 '"'K ♦ , ,S -1. . I , , , r. " I I }4 it ` I/I '�"� I j'A j, k` I ' I ' I } Ir �11 i 1 1, I w } �1y { ,� `1► r'` ! ��{ r }1 yr. �° ti I'�5y,. I: �u= i�l � IIV C.w� I1) ,Py.'ll A,. I, '� ' '.1r 4I � ,I'i l .+ '1r .i �+ r .d a,#` ,I.. "♦' w ' 11 ; i • r R ' '1-`t r, r �(I "1 +lt t,! } I. i " � Y + pl � � `.! t �. r'< 1 e.y 1) r t.,I I i w ; (rte •.r� i,__ O . i 14 It..i 0) 'r4 (� V"t r,� S I ? �i� , V. �'� i � +. �y' �,a �,� "�,'f,It ��! 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