HomeMy WebLinkAbout737A by-law to borrow money to meet, until taxes are collected, the current expenditures of the municipality for the yearWhereas the Council of the
(htereinafter called the "Municipality ") deems it necessary t ;r
.. es.sary o borrow the sum
of $ meet, until the taxes are collected the current
expenditures of the Municipality for the year;
to KOM—ROW And Whereas the total amount of the estimated revenues of the Muni cl }:
fm tim em, t pality as set, forth in the, estimates adopted for the year 19 riot .includin}
`�°'e revenues derivable or derived from "the the sale of assets, borrowings g or issues of
debentures or from a surplus, including arrears of taxes and 'proceeds from the sale
assets, is $ S J► •
And Whereas the total amount heretofore - authorized to be borrowed r�
cn� this year for the purposes mentioned in 'subsection 1 of Section 341 s
� � of The
Municipal Act is $ , of which the Munici ali
. p ty has
already borrowed a total of $
Therefore the Council of • the
of p
hereby enacts as follows. _
1. The Head and the Treasurer are hereby authorized on behalf of the , unicipa�li to
borrow from time
to time. Y IIII3SOI'y �.
way o pro note from Tim �ANADiA
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