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HomeMy WebLinkAboutBy-law 105/74THE CORPORATION OF THE. TOWN OF PICKERING BY-LAW NUMBER Q 9!J Being a By-law to authorize the Mayor and Treasurer to sign a promissory note in favour of the Treasurer of Ontario to cover the cost of renovation to the Rouge Hills Library. WHEREAS Chapter 384, R.S.O. 1970, Section 293 (2) permits the Municipality to incur debt for purposes of the Corporation providing the repayment of it is provided for in the estimates of the current year and the total will be repaid within the term of Council; and WHEREAS it is necessary to raise a sum of $10,927.29 to cover the cost of renovation to the Rouge Hills Library; and WHEREAS the total cost of the project amounted to $15,529.29 of which $4,592.00 is to be assumed by other levels of Government under the provisions of the Winter Works Program; BE IT THEREFORE ENACTED that the Mayor and Treasurer are authorized to sign a promissory note in favour of the Treasurer of Ontario in the amount of $6,583.00. By-law read a First, Second and open Council this U Third Time,,and PASSED in day of (1j r, 2f" , 1974. By-law Number 98/74 is hereby repealed. Mayor n'' C