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2004 Ont~ # Munioipal By-law for Current Expenditures. 98812 Printed in Canada. Municipality of....... COUNTY OF ELGIN, ...................................................... BY-LAW No.......... . .~.o/.9. 4..... ....... ...... ........... ...... ....... WHEREAS the Council of the Corporation deems it necessary to borrow the sum of ( ~.~~. ..~~ ~~.~.?~.~....~~?-.r.....~~~~r..~.~...~??~.s.~.~.~:::.7:.-::::::::7:.:::::::::::.:::.::.::.:::::::::::.::.::::::ë..dollars V to meét, until the taxes are coliected, the current expenditures of the Corporation for the year; AND WHEREAS the total amount of the estimated revenues of the Corporation as set forth in the estimates adopted for the year 19,~?", not including revenues derivable or derived from the sale of assets, borrowings or issuance of debentures or from a surplus, including arrears 'N7TE¡ In,:¡, aind of taxes, is.....~.?r..~~...~~.~.~;i;~~.L.~?~~....H.~~~':.~.d....~~d....~~:!:;t.'."!?y.:::ê:!::x:...~~.C?~~.~~.d., QUO 0 Ð ma e revenues for the c""ant year If ad- Ei ht H d d d Ni t Th 0r\'d, If not, thoso ..... !!.:.......... !!:~.:. .~.~...}.. ...a.~.:. ........ .~.~...Y.:..:..... :r.~~:':'::;:::.-:-::::::: :::::.-:-:::::::::.::.::.-:-::::::: ::.:::::.-:-:::::::::'..dollars. o as year. AND WHEREAS the total amount heretofore authorized to be borrowed this year for N0TE' ,In.ert ~m. the purposes mentioned in subsection (1) of Section 329 of The Municipal Act is............................ oun 0 prevIous BY-Iaw(s) passed thIs year. Nil .. ..........................................................................................dollars, of which the Corporation has already N'1 borrowed a total of................... ..................... .=!:............. ................. .............. ........ ...... ................... ....dollars. THEREFORE the Council of The Corporation of the.......~~~?-~~!......................................... of.......~~!P.:.~...............................................................hereby enacts as folloWs: 1. The Head and the Treasurer are hereby authorized on beh,alf of the Corporation to borrow from time to time, by way of promissory note, from the Bank of Montreal, a sum or sums not exceeding in the aggregate...~~.?...~.~.~;i;~~L.~.?~r.....H..~~~r..~.~...!~~.~.:!.~~~...... ..-----------------------------d II 'I h .................................................................................... 0 ars to meet, untl t e taxes are collected, the current expenditures of the Corporation for the year, including the amounts required for the purposes mentioned in subsection (1) of the said Section 329, and to give, on behalf of the Cor- poration, to the Bank a promissory note or notes, sealed with the corporate seal and signed by them for the moneys so borrowed with interest at a rate not exceedin1r~':'::::.?!':'::::::::per centum per annum, which may be paid in advance or otherwise. ,); ~ ,'~'O III ~ x ~ t î:." ~ , ~ ~ ,.'''~ ~ \; , "íl ~ "- "-J ;ã~'G;~g~ä;I ggõ~ ="1'"" ~... ~" ""'" 3'- 0- °c ?nŠ~ ~3E-~;1!~ª ~a.2': ?6~ '3 à:: ~~:;ê ~.. .g o'F'Q.) ;;5:5- g3a~ sa _.c :..~~ :E -.... ;gg 3'- ~ ~~ s:!g~ ~;;;;:~~ 'Iii ~$'Sl. , ~ a u;nø f 0 . 0 g:.:f :::set c~,<·:::s~ ¢lCJ:E g;eD o~Õ'g:.n CÞC!) ~3 à.:~~~ ê:~~ CÞŠ S:~""CD~ øø ""-0 QCD""'!::(/) 3""'!.:::r' ðCÞ CD -nci e..2. 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