BYLAW - To Raise Money for purpose of purchase and installation of electric pumps - 19130708 - 37213I
JA
E
e rr
BYLAW No j ) _vl
TO RAISE 110DEY FOR: THE PURCHASE AND
i
INSTALLATION OF ELECTRIC PUMPS AND B=
OTHER NECESSARY It21ROVEMEXTS 11i CONbECT)b
1011 WITH THE AURORA WATER WOPM.
7 H E R EA'S it is found- necessary to expend ypon
the Water works within the Municipality the suk of Five thousand
dollars ($5,000o00) for the purchase and installation of Electric
pumps and other necessary improvements in connection with the
same*
AND WHEREAS in oratr to raise the ',said. sum of Five
thousand dollars ($5,000.00) it will be necessary to issue
Debentures of the said Municipality for the'said .sum of Five
thousand dollars ($50000.00) as hereilkafter provide&*jwhich is
the amount of the U-30Dt intonced to be created by this By-law)
the proceeds of the said Debentures to be applied for the,
purposes aforesaid"and to no other*
AhD WHEREAS it is desirable to issue Debentures at
one time and to make the principal of the said debt re -payable
by yearly sums during the periodof twenty yearsbeing the
currency of the said Debe4Ltures,said yearly sums being of sueh
respective sums that the aggregate amount payable in each year for
principal and interest in respect of said debt shall be as nearly
as possible equal to the amount so payable in each of the other
Nineteen years of said perio&o
AND WHEREAS the total amount requftted by "The Municipal
Act" tp be raised annually by special rate for payin the said
debt and i0prest as hereinafter provided for is 74r44_t
I-
o cellars,
AND WHEREAS the amount of the whole rateable property
of the Town of Au;-ora accord,:Lng_0t6 the,last revised assessment
roll
AND 7v=REAS the amount of the existing Debenture debt
of the said rJunicipality is
60
vl1} F-%r Gam'
J
of which no part of either principal or int
THE>REFORV THE MUNICIPAL COUNCIL OF THE CORP
F �u,0�xA EiVACTs AS FOLLOWS•---
is in arrears*
TION OF THE TOWN
o
I. That the sum of Five thousand dollars ($59000.00) be raised
for the ur oses aforesaid and that the Corporation of the Town _
p p
k
of Aurora in order to raise the said sum shall issue Debentures
t
pf the said Municipality to the amount of Five thousand dollars
($5,000.00) as aforesaaad-, to be issued mn sums of not less than
One hundred doll; j IOO.00) each and shall be issued on the
�,r� nrF � v
First day of/8ebar I9I3 each of which Debentures shall be
dated on the date of the issue thereof and shall be payable at
the Bank of Montreal,Auroragwithin Twenty years thereafter.The
'last instilment shall become due and payable on the First day of
�e�r � 95
-139u3.
2. Each of the said Debentures shall be signed by the Mayor
pf the said Town of Aurora or by some other person authorized r
by By -claw to sign the same,and by the Treasurer of the said Town d
of Aurora, and the Clerk shall attach thereto the Corporate seal
I
of the Municipality.
3. The said Debentures shall bear interest; at the rate of five
and one half percent per annum pay&b,1a, ye rly at the said Bank J
of Montreal on the First day ofr8a*,oberAin each and every year
during the currency thereof*
4. During the currency of the said Debentures there shall bw
raised annually by special rate on all the`rateable property
in the said Town of Aurora the sum of Four hundred and eighteen
40/oo dollars ($4I6®40) for the purpose of paying the amount
due in each of the said years for principal and interest in
respect of said debt,
5* This Bylaw shall take effect om the First day of,�er
1913*
6* This Bylaw shall be submittet for the assent of the Electors
of the Town of Aurora under the provisions 6f the Municipal Act
on the Fourthiday of August 1913e 1
The 1'011 will be open at the hour of nine o'olock in the
forenoon an&continue until Five o'olook of the same day,to take �
the votes of the qualified voters of the said Municipality on
the said By-law.
The places for taking the said votes and the Deputy Returning
Officers of the several Wards of the said 'Town shall respective-
ly be as follews;
N®rth Wa,P 11i g lase.. h
Shop,Yon a St.
Deputy Retu ning Offioi-lIq
Centre Ward,Pollgg plaoe..Council chamb rs 4
Deputy Returning o
South War&,Polling
Deputy Returning
7. On the First day of August I9I3
Town of Aurora will 4t4e4 at the
in the forenoon to appoint persons to
Polling plebes. afo *esaicy- and._at;
votes by the Clerk 'on behalf of the per
promoting or opposing the.passing of th
8. The Clerk of the Council or the spa
attend -at the Council Chamber at Ten of
of Tuesday the Fifth day of August I9I3
J
% �
2
votes for and against the By-law.
DATED AT THE TOWN OF AURORA THIS EIGHTH DAY OF MY A.D.M36
aoe..Wilsons Shop*
No of the said
r at Ten o'clock
9n&,:-etit the various
summing up of the
as interested in and
By-law respectively.
TOWU of Aurora shall
ok in the forenoon
sum up the number of
�^ is hereby 'given that tenants whose lease/ estenC5'for
the time.in which the toX
to be raised by the proposedBy-law
is payable and who by iesseo;h167 Oo9enantea. to %4w 1
Nuuioi,;al taaes,in reppeot of the property ,other than Local
Improvements rates,s*M upon making and fili#g with the Clerk of
theMunioipality,not later than the Twenty-eighth day of July I913
enteree( on the list pP voters p spared by the Clerk under
�V 51s-a �1
- Seotion 266 0f the Mu a 1 Aat.