2500
M(Jrllól(Jal':By~"âW,' ((:ir Current
Expenditures.
67395 Prlnfod In Canada.
Municipality of...,.... ..:F;,WJ.N........,
BY-LAW No.................2.:ï,Q,Q,.......,...
WHEREAS the Council of the Corporation deems it necessary to borrow the sum of
,;rw.º,JIjJ;¡;.¡J:l;¡;Q.N.,..1i:.:¡y&..,I!)J.NP.E¡;;,p....~:¡mv.ª¡w.p....:: ::-....., ::,::,:: ,::::: :,:",::,:: ::::::...9,Q./..19.9.dollars
to meet, until the taxes are collected, 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 197.,7..." not including revenues derivable or derived
from the sale of assets, borrowings or issuance of debentures or from a surplus, including arrears
'N~TE¡ Ins~~ at.; of taxes, is·...SIX..MILLIQN,r..,TWO..,HUNnRED..AND..,EIGHT,Y..,.,F.QUR..,THOUSANDr....
Qun 0 6S Ima e
rovenuea for the
current year If ad- " " ,
Qr\ed¡ if not, those ....AND.. ..EI.GHTY:::.ONE... ~.~.~w.ß'o".".~.," Mn'.rr.n.'I'I.<f'II'I"o"'.,.,........ JOJ\M'.I'I'.".n.'PI.....l'I...-..,.".¥I. ..00./..1.0 O..dollars.
o as year.
AND WHEREAS the total amount heretofore authorized to be borrowed this year for
N°lE' ,Insert ~m- the purposes mentioned in subsection (1) of Section 329 of The Municipal Act is...........N,:¡;);,..,.....,
oun 0 provlous
BY-Iaw(s) passod
this year. ....,......,....................,..............,..,......,........,........,..............dollars, of which the Corporation has already
borrowed a total of...........,. ......,....... ...., ......, ,NIL,.. ............,........ ...., ......,. ....,......... ...., ......,. ....,.. ....dollars.
THEREFORE the Council of The Corporation of the,..,......,J:;Q1J.w.J:X...................................
of................,....&V?J.N...............,............,.......,....,....,..hereby enacts as follows:
or Deputy Treasurer
1. The Head and the Treasurer/are hereby authorized on behalf 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......r.i'iQ..JYjJ:LLI.QN.,..,.F.IY.E..,HD:NDRED...THDUSAND....
..::,::,::,7.,";',::.::,::,::,':'.:;.:::::,::,::.::,~..,.,::".::,,,,,,..,D.O./.l,QO,dollars to meet, until the 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 exceeding....~...J...¡¡....~....per centum
per annum, which may be paid in advance or otherwise.
¡(~L""LL..,()
~
~~/-Zr¡L~" d-.S2J-P
? t1
~~~--
-
CORPORATE
SEAL
As witness the Seal of
the Corporation.
Clerk.
Dated
tion of the....,.....~...""........"..................,oL....,....""..",....................,...... n the. Province of Ontario,
duly passed at a meeting of 'the Council of the said Corporation duly held, and that the said
BY,-Iaw is in full force ang effect.
th is, ............, .."... ....... ....., ....... ...... ............,. ...., ..day of.....,.....................
"~ -. ----. ~--._-.--.~
,19....
thiS...............19.th..... .....'............'.............dj!:.......d ..aY .....,¡J.~'n:µª;ç.y.,.....,..,........ ..... .19,. ?ê..
. ~ A
... , . .,~ . ~. .,
. .' . . /t~ ?7
.., .. .., ..,'~~~;;;;;t..;·cn;:~:i..~N
)'Ç..,.J
...............................
Clerk.
hereby certify
that the foregoing
sa
twe copy of
By-law No.....................of
The Corpora"
CORPORATE
SEAL
If
Passed
3. The Treasurer is hereby authorized and directed to apply in payment of all sums
borrowed pursuant to the authority of this By-law, as well as all other sums borrowed in this year
and any previous years, from the said Bank for any or all of the purposes mentioned in the said
Section 329, together with interest thereon, all of the moneys hereafter colle.ctedor received on
account or realized in respect of the taxes levied for the current ye¡¡r and preceding years and all
of the moneys collected or received from any other source; which may lawfully be applied for such
pu rpose.
revenues are
Côrpo,åt!on for
received.
the current
year
ahd
for
al"prèèeding yeárs~
'"
as anctwhêñ" such