BYLAW - $100,000.00 for Water Heaters - 19610717 - 149361-'.,<'l'-... .., .. . • . ..
"I'. 1493
n
4 i
1\
' ' \ !
·[ .. · ... ~-·.--•.. ·.
,, ; . '
BY-LAW .......... .
Of the Municipal Corporation of the Town of Aurora
A BY-LAW TO AUTHORIZE THE ISSUE OF DEBENTURES IN THE PRINCIPAL AMOUNT
OF $100 1 000.00 FOR THE PURCHASE OF WATER HEATER UNITS, UTILITY EQUIPIVIENT
AND FOR EXTENSIONS AND IMPROVEMENTS TO THE ELECTRICAL DISTRIBUTION AND
STREET-LIGHTING SYSTEMS.
WHEREAS The Corporation of the Town of Aurora owns
~ri Electrical Power Distribution System and a Street-Lighting System
managed by the Aurora Hydro-Electric Company.
AND WHEREAS to provide, in part, funds required for
extensions and improvements to the said Electrical Power Distribution
System and the said Street Lighting System, it is deemed expedient
to issue and sell Debentures of The Corporation of the Town of Aurora,
in the principal amount of $100,000.00 bearing interest at the rate
of 6% per annum, which is the amount of the debt intended to be
created by this By-Law;
NOW THEREFORE THE COUNCIL OF THE CORPORATION OF THE
TOWN OF AURORA ENACTS AS FOLLOWS:
1. THAT for the purpose aforesaid money shall be borrowed
on the credit of The Corporation of the Town of Aurora at large by
the issue and sale of Debentures of the Corporation in the principal
amount of $100,000.00 bearing interest at the rate of 6% per annum
and having coupons attached thereto for the payment of such interest ~A~
annually on the 1st day of September, in each year of the currency ~,Ill'
of the said Debentures. \]
2. THAT the Debentures shall all be dated the 1st day of
September, 1961, shall be payable in twenty annual instalments on
the 1st day of September in each of the years 1962 to 1981, both ~~. ,
inclusive, and the respective amounts of principal and interest
payable in each of such years shall be as set forth in Schedule 11 A11
hereto, whihh is hereby declared to be and form part of this By-law.
3. THAT the Debentures shall be payable as to both prin-
··· cipal and interest in lawful money of Canada at the Bank of Montreal
in the Town of Aurora or at the principal office of the said Bank
the City of Toronto or in the City of Montreal, at the holder's
option.
1!1·
I
:·: . ·.·.·: . ·.::. ·.. ·,· . . . r'=:"f-"'"=~~-...L~--· ·~;~.:.:..--~·---~··~·-'-', •: ______:__-~~m.,...,----""'"'""'-"""""""'-""~'-m,.'?&-ia...,_.,_;,~~· o\.--m"-"'~=--'--'~---·:..:._ _____ , __ " _ __:__-• ·' --_____ , -----------
[
,u~·.·,~.· ' ' ! I
' ' ••• <
'···-"
-2-
4. THAT the Debentures shall be sealed with the Seal. of
the Corporation and signed by the Mayor, or by some other person
authorized by By-law to sign the same, and by the Treasurer, and
the interest coupons attached to the said Debentures shall be signed
by the Treasurer. The signature of the Mayor to the said Debenture
may be written or engraved, li thograp.hed,. pr. in ted or otherwise .~~
mechanically reporduced and the signature of the treasurer to the ,,Ill
.. ~
said interest coupons may be written, stamped, lithographed or
engraved. .
5. THAT in each of the years 1962 to l9$l, both inclusive,
there shall be levied and raised by a special. rate sufficeint
therefor over and above al.l other rates on aJ.l the rate: :able property
in the Town of Aurora, at the same time and
other rates, the respective amounts falling
interest in such years as set forth in said
READ A FIRST AND SECOND TIME THIS
-~ / )J--z/ / £__L __ e{L~.L:(...~~
M~-·
in the same manner as ~it1
due for principal. and ·
Schedule "A" eto )
1961.
±:l:t...Y OF 19~1.
,--,
I ,
l u
il
-' I '--.___...-'
L
-.
'~
1493 BY-LAW ••••••.••
Of the Municipal Corporation of the Town of Aurora
A BY-LAW TO AUTHORIZE THE ISSUE OF DEBENTURES IN THE PRINCIPAL
AMOUNT OF $100,000.00 FOR THE PURCHASE OF WATER HEATER UNITS, UTILITY
EQUIPMENT AND FOR EXTENSIONS AND IMPROVEMENTS TO THE ELECTRICAL
DISTRIBUTION AND STREET-LIGHTING SYSTEMS.
WHEREAS The Corporation of the Town of Aurora owns an
Electrical Power Distribution System and a Street-Lighting System
managed by the Aurora Hydro-Electric Company.
AND WHEREAS to provide, in part, funds required for
extensions and improvements to the said Electr~ Power Distribution
System and the said Street-Lighting System, it is deemed expedient
to issue and sell Debentures of The Corporation of the Town of Aurora,
in the principal amount of $100,000.00 bearing interest at the rate
of 6% per annul)l,-,;which is the amount of the debt intended to be
created by this By-law;
NOW THEREFORE THE COUNCIL OF THE CORPORATION OF THE TOWN OF AURORA
ENACTS AS FOLLOWS:
1. THAT for the purpose aforesaid money shall be borrowed
on the credit of The Corporation of the Town of Aurora at large by
the issue and sale of Debentures of the Corporation in the principal
amount of $100,000.00 bearing interest at the rate of 6% per annum
and having coupons attached thereto for the payment of such interest
annually on the 1st day of September, in each year of the currency
of the said Debentures.
2. THAT the Debentures shall all be dated the 1st day of
September, 1961, shall be payable in twenty annual instalments on
the 1st day of September in each of the years 1962 and 1981, both
inclusive, and the respective amounts of principal and interest
payable in each of such years shall be as set forth in Schedule "A"
hereto, which is hereby declared to be and form part of this By-law.
3. THAT the Debentures shall be payable as to both principal
and interest in lawful money of Canada at the Bank of Montreal in
the Town of Aurora or at the principal office of the said Bank in
the City of Toronto or in the City of Montreal, at the holder's
option.
J
•
[
I i -~
-2-
4. THE debentures shall be sealed with the seal of the
Corporation and signed by the head of the council or by some other
person authorized by by-law to sign the same and by the treasurer.
The said interest coupons shall be signed by the treasurer and his
signature to them may be written or engraved, li*hographed, printed
or otherwise mechanically reproduced. The signature of the head
of the council may be written or engraved, lithographed, printed
or otherwise mechanically reproduced and, if such debentures are
countersigned in writing by the deputy treasurer, the signature
of the .treasurer thereon may be written or engraved, litho graphed
printed or otherwise mechanically reproduced.
5. THAT in each of the years 1962 to 1981, both inclusive,
there shall be levied and raised by a special rate sufficient
therefor over and above all other rates on all the rateable
property in the Town of Aurora, at the same time and in the same
manner as other rates, the respective amounts falling due for
principal and interest in such years as set forth in said Schedule
"A" hereto, but no greater rate shall be levied in any year for
such purpose than is required to pay the instalment after taking
into account receipts from any source in respect to the above works.
READ A FIRS'f AND SEOONB 'l'IM:B '!'HIS BAY OF JULY 1961.
----------------------------------------------------ii!AYOR 'C!JERK
READ A THIRD TIME AND FINALLY PASSED THIS 2nd DAY OF October 1961,
~~l£~6~ ---------~---------------ii 17: t' cR..._--~.
DAR
1962
1963
1964
1965
1966
196'7
1968
1969
1970
1971
1972
197.3
1974
197S
1976
1977
1976
1979
1980
1981
rOWN 01 AURORA
SOH.t!lDOL'I nA" •• :a:r-r.Aw ·~--~tn ...
i1oo,ooo.oo
Dl!2;lAH
•J,ooo.oo
J,ooo.oo
.s,ooo.oo
l,ooo.oo
31 00(Ml0
4,ooo.oo
' ' 4,000~00
4,ooo.oo
4,000.00
;,ooo.oo
5,ooo.oo
s,ooo.oo
, 5tOOO.OO
e,ooo.oo
6,ooo.oo
?,ooo.oo
?,ooo.,oo
7,ooo.,oo
''l,ooo.oo
I ia09Qd&
I lQQ.SlQilt22
6~ l)EIEJ~t.fRES
DISJl!Sli.'
36,ooo.oo
,,aao.oo
5,640.00
5,460.00
s,aao.oo
;,J.oo.oo
4,860,00
4,620.00
4,Jao.oo
4,140;,00
31 84<hOO
,),,40.00
J,24o.oo
2,940.00
2,5Bo.oo
lh22o.oo
1,Boo.oo
1,3So.oo
960.00
'.· IOQeJJO
t :Z4.d,bQQ
Z'QiiA&
®9,ooo~oo
s,sao.oo
8,640.00
6,460.00
a,ato.lb
9,100.00
s,sso.oo
a,sh'.oo
8 1 380e00
9,140.00
8,840.00
8,.;40.00
a,:e-to.oo
a,g4o.oo
a,;ao.oo
~h22o.oo
a,aoo.oo
8,38o.oo
8,!:}60,00
a,4jo,qg
f 1U1 dg,og
.. -·····--·1 ... ,, .• -··-·-···