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HomeMy WebLinkAbout1433. '. t.::..�L. v . -a `d` .-K :r - -., :- . ... -.. .. -C_ � i.r ... .... ¢... - -4,. x.<... .... .� e.�.�.. . A ..... ., ,� .W . -. Y...- t. .... .._c .d •�- .e�?xY, v. ....� . -.. "C t:. .... .- Ls sKx - '- _ .. CORPO RATION OF THE TOWN OF BO L I► .w ell By -Law Number 1+33 A By -Law tp. provide for borrowing the sum of .4,1909000900 upon • debenture to defray -the cost of an extension to the sewage treatment plant anA trunk sewers leading thereto . `II AREAS the -Corporation pf the Town of Bowmanville in the County of Durham deems , it necessary and essential for the wealth and well being of its citizens to make extensive enlargements to it s ' sewage treatment plant and to construct new trunk sewers within the Municipality leading'' thereto u3 e AND WHIM S for the purpose of constructing the extension to the sewage treatment plant, together with trunk sewers leading thereto, it is necessary to borrow the sum of One Hundred and Ninety Thousand Dollars on the credit of the Corporation at large and to issue debentures therefor, bearing interest at the rate of two and one -half percent per annum for the f lr 9t r -en jte ar'_s _ and the__ date__ of 3__ percent pe r annum fox the remaining ten years, which is the amount of the debt intended to be created by this By -Law; AND WHEREAS the amount of thid whole rateable property of the Municipality according to the last revised assessment roll is 29 530, 600.00 '"AND *AEREAS the amount of the existing, debenture debt ' -of the. Corporation 1 as of December 31st, 1946, is 101,997924 and no part of the principal 1 and interest is in arrears; AND WMREAS the 8epartment of Health has issued •a Sewerage Order signed by' the Nlnister .of Health and the proper officials of the department dated t the 117th .day of December, 1945 that,-- it is nec-essary iii th- interest. of g the public health in the Municipality , of the Town of Bowmanville that an 3 . extension to the sewage treatment plant be _oonatruct4d -, -. Qgethe w tl trunk __ - -____ sewers leading thereto; AND INHLRW plans, and speoirioati.ons of the extension to the sewage treatment plant and of the trunk sewers, leading thereto have been submitted to the Department of Health and the Department has a roved the same. v✓ AND 1NHE ' bir order dated the day of , 1917 , the #_ Ontario Municipal Board has approved the purpose of the said borrowing and the passing of all-I.-requisite By -Laws, including debenture By -haws ; ' W #` NOW THEREFORE the Muni,aipal Council of the Corporation of the Town of Bowmanr i l le ]ENACTS AS FOLLOWS; v r x r, 1 % ^ill n .u.x•• .r 1 .;1n:6. . f1.• r .i .•1, 1 ..i•Ynl + .. 'mil lip • i 1 '• i k • %r . r Y } VOLUN1r k $c'! -, �5..: „.vc' �•� ,a . :iz'. �� s7 i xT-.� � . .� a -.. � .,r ra � �<.�; � r��x �r,;.J :t .j _ 4 n.. .� v:*� �a.. �.':�% . ;�.,x .t � -6:.. — J.' � qv mewspaper, su ah notioe to be advertis &ed as aforesaid-at least YOLM k 5, IT That for the purpose aforesaid. there shall be borrowed ou -the credit of the Corporation at large the sum of One Hundred and Ninety Thousand Dollars and debentures shall;,/,be issued therefor i,n 'denominations of not less than 100.0,a each, bearing interest at the rate of two and one -half percent per annum for the first ten years and . at the rate of three percent per annum for the remaining ten years, payable annually, and having coupons attached thereto for the payment of interest, 2. The debentures shall, be dated -;the {lst day of February, 1947 and shall be payable in twenty annual instalment s , on the 1st . day of February in each of the years 1948 to 1967, inclusive, and the ~' respeotiv® amounts of principal and interest payable in each of such years shall be as set forth in Schedule " A " hereto attached# 3. The debentures as to both principal and interest shall be payable in lawful money of Canada at the branch of "'the Bark of Wont real in the Town of Bowmanvi lle or at the office of the Muni Apal Treasurer in the Town of Bowmanville , at holders option. 40'. The debentures shall be sealed with the Seal of the . , . Corporation v and signed by the Mayor, or by 'some other person aunhorize'd by By -Law to sign the same, and by the Treasurer. The said interest coupons shall be signed by the Treasurer and his -signature thereon-may be written, stamped, lithographed ' or engraved, 5 . , Commenc i'ng. in the year 1948 and thereafter in each year fn which an instalment of principa]� of the said debt and _interest_ -. _'_nd -raise - -the specif le suUm . become.-_.__.. due , - - -- the_ - _Cor.poration - -- shall- .1e_�ry.a ..shown • for. the respective, year in the 'f column of the said schedule, such -sum shall be levied and raised by a special rate sif'ficient therefor, over and above all. other rates, upon all, the, t rateairle prop in the Municipality, - P P y 6. The Corporation shall have the right at its option, . to r redeem the debentures aYnturin in the ear ,1967 either in whole or <. g y � in part on any' date prior to maturity at the places where and in the =moneys in which the said debent es are expressed to be payable, upon payment of the prino ipal imount 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 1 Gazette and onoe in a dai 1 / newspaper of . general , provinc tal - ; 4 eiroulation, published in the ' City of Toronto, and once in a local qv mewspaper, su ah notioe to be advertis &ed as aforesaid-at least YOLM k 5, gla y iSa`, •. %('. ar:f41. 't•:) . s ? k cI- p r . . a - 3, .e ik,vir�T 5<!d #7'trr' w r, 'gt {F - l - . -� , , , k I I I I 1� I ", . I I i "I � . ". I-A r," .. [ k :.!2 ?.... .,' s,. 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NMI �,-L-�, :is r' 1111i:11111 III i IIIIIIIIIIII I j-,� . '. t.::..�L. v . -a `d` .-K :r - -., :- . ... -.. .. -C_ � i.r ... .... ¢... - -4,. x.<... .... .� e.�.�.. . A ..... ., ,� .W . -. Y...- t. .... .._c .d •�- .e�?xY, v. ....� . -.. "C t:. .... .- Ls sKx - '- _ .. CORPO RATION OF THE TOWN OF BO L I► .w ell By -Law Number 1+33 A By -Law tp. provide for borrowing the sum of .4,1909000900 upon • debenture to defray -the cost of an extension to the sewage treatment plant anA trunk sewers leading thereto . `II AREAS the -Corporation pf the Town of Bowmanville in the County of Durham deems , it necessary and essential for the wealth and well being of its citizens to make extensive enlargements to it s ' sewage treatment plant and to construct new trunk sewers within the Municipality leading'' thereto u3 e AND WHIM S for the purpose of constructing the extension to the sewage treatment plant, together with trunk sewers leading thereto, it is necessary to borrow the sum of One Hundred and Ninety Thousand Dollars on the credit of the Corporation at large and to issue debentures therefor, bearing interest at the rate of two and one -half percent per annum for the f lr 9t r -en jte ar'_s _ and the__ date__ of 3__ percent pe r annum fox the remaining ten years, which is the amount of the debt intended to be created by this By -Law; AND WHEREAS the amount of thid whole rateable property of the Municipality according to the last revised assessment roll is 29 530, 600.00 '"AND *AEREAS the amount of the existing, debenture debt ' -of the. Corporation 1 as of December 31st, 1946, is 101,997924 and no part of the principal 1 and interest is in arrears; AND WMREAS the 8epartment of Health has issued •a Sewerage Order signed by' the Nlnister .of Health and the proper officials of the department dated t the 117th .day of December, 1945 that,-- it is nec-essary iii th- interest. of g the public health in the Municipality , of the Town of Bowmanville that an 3 . extension to the sewage treatment plant be _oonatruct4d -, -. Qgethe w tl trunk __ - -____ sewers leading thereto; AND INHLRW plans, and speoirioati.ons of the extension to the sewage treatment plant and of the trunk sewers, leading thereto have been submitted to the Department of Health and the Department has a roved the same. v✓ AND 1NHE ' bir order dated the day of , 1917 , the #_ Ontario Municipal Board has approved the purpose of the said borrowing and the passing of all-I.-requisite By -Laws, including debenture By -haws ; ' W #` NOW THEREFORE the Muni,aipal Council of the Corporation of the Town of Bowmanr i l le ]ENACTS AS FOLLOWS; v r x r, 1 % ^ill n .u.x•• .r 1 .;1n:6. . f1.• r .i .•1, 1 ..i•Ynl + .. 'mil lip • i 1 '• i k • %r . r Y } VOLUN1r k $c'! -, �5..: „.vc' �•� ,a . :iz'. �� s7 i xT-.� � . .� a -.. � .,r ra � �<.�; � r��x �r,;.J :t .j _ 4 n.. .� v:*� �a.. �.':�% . ;�.,x .t � -6:.. — J.' � qv mewspaper, su ah notioe to be advertis &ed as aforesaid-at least YOLM k 5, IT That for the purpose aforesaid. there shall be borrowed ou -the credit of the Corporation at large the sum of One Hundred and Ninety Thousand Dollars and debentures shall;,/,be issued therefor i,n 'denominations of not less than 100.0,a each, bearing interest at the rate of two and one -half percent per annum for the first ten years and . at the rate of three percent per annum for the remaining ten years, payable annually, and having coupons attached thereto for the payment of interest, 2. The debentures shall, be dated -;the {lst day of February, 1947 and shall be payable in twenty annual instalment s , on the 1st . day of February in each of the years 1948 to 1967, inclusive, and the ~' respeotiv® amounts of principal and interest payable in each of such years shall be as set forth in Schedule " A " hereto attached# 3. The debentures as to both principal and interest shall be payable in lawful money of Canada at the branch of "'the Bark of Wont real in the Town of Bowmanvi lle or at the office of the Muni Apal Treasurer in the Town of Bowmanville , at holders option. 40'. The debentures shall be sealed with the Seal of the . , . Corporation v and signed by the Mayor, or by 'some other person aunhorize'd by By -Law to sign the same, and by the Treasurer. The said interest coupons shall be signed by the Treasurer and his -signature thereon-may be written, stamped, lithographed ' or engraved, 5 . , Commenc i'ng. in the year 1948 and thereafter in each year fn which an instalment of principa]� of the said debt and _interest_ -. _'_nd -raise - -the specif le suUm . become.-_.__.. due , - - -- the_ - _Cor.poration - -- shall- .1e_�ry.a ..shown • for. the respective, year in the 'f column of the said schedule, such -sum shall be levied and raised by a special rate sif'ficient therefor, over and above all. other rates, upon all, the, t rateairle prop in the Municipality, - P P y 6. The Corporation shall have the right at its option, . to r redeem the debentures aYnturin in the ear ,1967 either in whole or <. g y � in part on any' date prior to maturity at the places where and in the =moneys in which the said debent es are expressed to be payable, upon payment of the prino ipal imount 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 1 Gazette and onoe in a dai 1 / newspaper of . general , provinc tal - ; 4 eiroulation, published in the ' City of Toronto, and once in a local qv mewspaper, su ah notioe to be advertis &ed as aforesaid-at least YOLM k 5, gla y iSa`, •. %('. ar:f41. 't•:) . s ? k cI- p r . . a - 3, .e ik,vir�T 5<!d #7'trr' w r, 'gt {F - l - . -� , , , k I I I I 1� I ", . I I i "I � . ". I-A r," .. [ k :.!2 ?.... .,' s,. 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