79-41
per annum, which may be paid in advance or otherwise.
them
for the
moneys so borrowed with interest at a rate not exceeding......ERIME....per centum
poration, to the Bank a promissory note or
notes, sealed with the corporate seal and signed by
purposes mentioned in subsection
(1)
of the said Section 329, and to give, on behalf of the Cor-
current
expenditures
of
the
..9..9.Ü.9.9....dollars to meet, unti
1980,
Corporation for the year!'including
the amounts
required for
the
the
the taxes are collected,
sums not exceeding In the aggregate......:!;~º...tlJ11IQ.N.,....n.Y.]';.J:!ºNP..R.ED THOUSAND
....................................
borrow
1
from
The
time
Head and
to
time, by way of
,hereby enacts as follows'
or Deputy Treasurer
the Treasurer! are hereby authorized on behalf of the Corporation
promissory note, from
the Bank of
Montreal, a sum
or
to
oL..~~GIN
..........
THEREFORE
the Council of The Corporation of the.
QQ.!l.NJ..¥.,....
borrowed a total of,..
NI L ,..""....,........,..........,.....",....,.,......dollars.
.....................
NOTE: Insert am~
aunt of previous
By-Iaw(s) passed
this year.
.dollars, of which the Corporation has already
the purposes
mentioned in subsection
(1) of Section 329 of The
Municipal Act is....
,nn
AND WHEREAS
the
total
amount
heretofore authorized
,ººlJºº.,dollars,
during 1980
to be borrowed::tbt$~ for
*-NOTE: Insert am-
ount of estimated
revenues for the
current- year if ad-
opted, if not, those
of last year.
of taxes,
FIFTY-SEVEN
................................
is'
SEVEN MILLION SIXTY-FOUR THOUSAND TWO HUNDRED AND
......................................,...........................................................1..............................................
from
the sale of ássets,
borrowings or issuance of debentures or from a surplus,
ncluding árrears
forth in the estimates adopted for the year 197.9...
not including
revenues derivable or
derived
AND WHEREAS
the
total amount of the estimated
revenues of the Corporation as set
to
meet,
unti
the taxès are collected, the current expenditures of the Corporation for the year
1980
.:nm...!1J 11 J9.N.,....f.Jy.¡:;,..ªºJ:¡Jì.R~,P..., :nU:Ul:iANJì.,..::-:::::::::::.::,:::::::::::::,::....QQJ.l.Q.Q..,dollars
WHEREAS
the
Counci
of the Corporation deems
it
necessary
to borrow
the sum
of
BY-LAW No 79-41
.....~.............. .........
Municipality oL.........J;;1ÇJN.....
.. ...............
-
r7
.
!
Municipal By-taw
Expenditures.
67395 Printod in
L.F.:10 Rov..
Onto
Canada.
May 1960.
for Current
IL..e~€.,~.iJ\Z'¿) .....-<fi: ;"'1 C¡,A.Æ'X-,.Æ"
¿1 ¿1
/
CORPORATE
SEAL
As witness the Seal 6f
the Corporation.
Clerk.
Dated this..,.............".....",.."..................."..,........,.....day oL..
tion of the......",......,...,......"..,..."....".....,oL..........."....,....,....,",...."......,.."",in the Province ,of Ontario,
duly passed at a meeting of the Council of the said Corporation duly held, and that the said
By-law is in full force and effect.
19..
hereby certify that the foregoing ,is a true copy of
;¿o':i' iärdëÏï
..~~~,~::-:,::..!::.~~
" ..."..........
Clerk.
By-law No......,.............,of
The Corpora-
CORPORATE
SEAL
this",...."..,.., ..,1 }:I;:,h..",...."...." ..,.." ..,.., ...." ..day of", ,.. :p'~,Ç~,~m!?~:r
,r£..{?:,..~
(The Head :of
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 collected or received on
account or realized in respect of the taxes levied for the current year and preceding years and all
of the moneys collected or received from al1Y other source, which may lawfully be applied for such
pu rpose.
-. ---~--,--_- -.L·'_··~···_......·...F....······.'..··"'"
preceding years, as and when such . revenues are
Corporation for
received.
the current
year
and for
all
9 79
........
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