HomeMy WebLinkAboutCD-61-82 CORPORATION OF THE TOWN OF NEWCASTLE
F OFFICE OF THE TOWN CLERK
F3 TELEPHONE 623-3379
40 TEMPERANCE STREET
BOWMANVILLE, ONTARIO
L1 C 3A6
REPORT TO THE GENERAL PURPOSE AND ADMINISTRATION COMMITTEE MEETING OF
SEPTEMBER 27, 1982
CD-61-82 - Our File: 10.29. 117 & 10.29. 118.
SUBJECT: APPROVAL OF TILE DRAINAGE LOANS
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1. Jim and Nancy Allin, R.R. #4,
Bowmanville, Ontario;
2. Steven W. Carruthers, R. R. #1,
Bowmanville, Ontario
RECOMMENDATIONS:
1. That this report be received; and
2. That the Tile Drainage Loan Application submitted by Jim and
Nancy Allin on April 30th 1982 in the amount of $11,100.00 be
approved; and
3. That the Tile Drainage Loan Application submitted by Steven W.
Carruthers on June 29th 1982, in the amount of $6,300.00 be
approved; and
4. That the Rating By-law attached be recommended to Council. for
passage; and
5. That the Clerk be authorized to make application to the Regional
Municipality of Durham for the debenturing of loans pursuant to the
Tile Drainage Act R.S.O. 1980; and
6. That the applicants be advised of the actions taken with respect
to their applications.
Continued . /2 ,�
CD-61-82 - 2 - September 27, 1982
BACKGROUND AND COMMENT:
Tile Drainage loan funds are available in an amount sufficient to meet
the applicants' requirements. The funds to be allocated are 60% of the
actual cost of the works.
Both of the applications have installed the works detailed in their
respective applications. The subject works have been inspected by the
Public Works Department and meet the Town's requirements. The Tile
Drainage Inspector has recommended that both applications be approved.
Respectfully submitted,
(rz-e�-
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David W. Oakes, A.M.C.T.
Town Clerk.
Wms
Attachments.
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THE CORPORATION OF THE TOWN OF NEWCASTLE
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BY-LAW 82- 136
being a by-law imposing special annual
drainage rates upon land in respect of
which money is borrowed under The Tile
Drainage Act, 1971
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WHEREAS owners of land in the municipality have applied to the Council
under The Tile Drainage Act, 1971, for loans for the purpose of constructing
sub-surface drainage works on such land;
AND WHEREAS the Council of the Corporation of the Town of Newcastle has
upon their applications lent the owners the total sum of $17,400.00 to
be repaid with interest by means of rates hereinafter imposed;
BE IT THEREFORE ENACTED by the Council of the Corporation of the Town
of Newcastle, that annual rates as set out in Schedule "A" attached
'hereto are hereby imposed upon such land for a period of 10 years, such
rates to be levied and collected in the same manner as taxes. 1
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By-law read a first and second time this 4th day of October 1982.
By-law read a third time and finally passed this 4th day of October 1982.
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Mayor
Seal
Clerk
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THE CORPORATION OF THE TOWN OF NEWCASTLE
SCHEDULE 'A' TO BY-LAW 82-136
€NAME & ADDRESS OF OWNER DESCRIPTION OF LAND DRAINED PROPOSED DATE OF LOAN SUM TO BE LOANED ANNUAL RATE TO BE IMPOSE
Jim & Nancy Allin, Lot 5, Concession 1, Darlington $ 11,100.00 $ 1,805.97
R. R_ n4,
Bowiranville, Ontario
Steven W. Carruthers Lot 16, Concession 2, Darlington 6,300.00 1,025.01
R. R_ #1,
Bowr-anville, Ontario
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$ 17,400.00 $ 2,830.98
10 "ear Repayment Factor: - 16.27