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HomeMy WebLinkAboutBy-law 3683/69 THE CORPORATI]q OF THE TOWNSHIP OF PICKERIN3 being a by-law ~o authorize ~he purchase of a fi~e pum~x a~ an es~i~ed cos~ of $31,000.00, amd ~o authorize ~he borrowing of ~he sum of $31,000.00 upom debentures roi %ha~ purpose. ~REAS iT is dee~d advisable to puz~ase one 1970 FoId, ~850, ~Iiple combination pumper, 840 I.G.P.M. for %he T~nship of Pickezing; A~ W~R~S the total cos~ ~f ~he said fixe pum~z, $31,000.00, will be levied by an annual rate against all ~he rateable property in %he Township of Pickexi~ Oyez a period of 5 yeaIs. ~W THEREFORE T~ C~I~IL ~ THE ~R~RATION OF T~ T~HIP OF PIC~RI~ E~S AS FOL~S: 1. Tha~ one 1970 Fozd, MC850, Triple combination pumpe/, 840 I.G.P.M. shall be ~zchased aT a Total estimated cos% of $31,000.00. 2. Tha~ ~heze shall ~ borrowed fox ~he p~pose set o~ in Clause 1 ~he sum of $31~000.00 which sum shall be a charge agains~ all ~he rateable pro~/ty in ~he T~nship of Picker ing. 3. That the special IaTe ~o pay for The said fire pumper shall be paid in 5 annual instalments. 4. Pending sale of The debentures ~o be issued finance ~he wo/ks herein %he Head of ~he Council and TreasuIez may raise fox The purpose aforesaid by way of loan on such debentures any sum ox s~s of money not exceeding in all the sum hereby authorized to be borrowed and may hypothecate such debemTuzes for such loan. R~ a First and Second '_me in o~ Council ~his day of ~ 1969, Cle~ RE~ a Third ~ime ~d ~ssed in o~n Cou~il ~s Clerk ~ ~