HomeMy WebLinkAbout920A by-law to provide for borrowing $463.84 upon debentures for construction of a sewer.
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24 , 1.4 3 9.98 311091
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27 2606 6,015 3I.91
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3. The debentures as to both principal and interest may be expressed
in Canadian currency or Sterling money of Great h'ri at , t the rate of
one pound sterling for .each four dollars and eighty-six and .tyro thirds >:
aentsp and may be payable at any place or places in Canada or Great Britain.
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Y 4. The Mayor of the .Corporation shall sign and issue the debentures
and the samXe and the interest coupons okuill u.lso be signed by the Treasurere
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and the debentures shah. be sealed with the seal of the Corporation.
'59 During thirty years, the currency of the deb htares the ' sum of
$3I.9I shall be ru,ised annually for the payment of 'the debt 'and interest
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as follows: -
The sum of $12• 16 shall be raised annually, for-the payment of, the
-C-orpora,tion',s
- portion--- oi' - -- the. -- -cost' and the into rest thereon, and shu,ll be
levied and raised annually by a' special rate sufficient therefor, over and
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abov a all other rates, on all the . rateable property in the' municipality,
at the same time and in the same manner as other rates
...,
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the , c t, ., dnd :the n to re e. ,., there. • =: :. ..
f t owners p of os i L,
For, the payment,, o he wn ortion -
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N on the special assessment set forth''in the se.id Special Assessment Roll i's
hereby imposed upon the' lands • liable therefor as therein set forth which
- said special assessment,, with a, sum . sufficient to cover interest thereon
at the rate afo res�id s� ,ll be payable in' thirty equal annual instalmer' is
.' of $19.75 each and, for that purpose 'an equal annual special rate of five
cents per foot frontage i.s hereby im osed upon each `'lot entered in the said'
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special Assessment,. L411, according to the assessed frontage thereof, over
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'and above. al ther rates and 'taxes which said 'specia'l ,
rate shall be
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