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HomeMy WebLinkAboutBy-law 2401B Y- L A W N U M B E R A BY-LAW OF THE CORPORATION OF THE TOWNSHIP OF PICKERING TO PROVIDE FOR THE INTEREST PAYMENTS AND CAPITAL DUE ON TOWNSHIP DEBENTURES MATURING IN THE YEAR 1959. WHEREAS the following amounts of principal and interest of Township debentures fall due in the year 1959: School Area By-Law or Section No. Principal Interest Total _ Area 1 2036 21700.00 2,328.00 5,028.00 2J30 21000.00 31412.50 5.412.50 - 102440.50 Area 2 1525 778.27 31.13 809.40 1671 11366.31 314.08 1,680.39 1743 20300.00 792.00 31092.00 1772 2,400.00 930.00 31330.00 1872 2,200.00 1,440.00 3,640.00 1919 30500.00 3,200.00 61700.00 1955 31500.00 30750.00 70250.00 2005 600.00 586.50 1,186.50 2003 3,000.00 21932.50 51932.50 2064 21600.00 2,432.50 50032.50 2110 2,200.00 21183.50 41383.50 2254 41000.00 8,812.50 120812.50 2228 21000.00 3,622.50 5,622.50 2329 43000.00 7$50.00 11,350.00 2328 2,000.00 31412.50 5.412.50 780234.29 S. S. 1 2004 3,000.00 22932.50 50932.50 S. S. 6 2192 12800.00 31540.50 50340.50 S. S. 7 2109 3,400.00 1,076.00 4,476.00 High School 1792 22,000.00 91354.00 31,354.00 1919 92000.00 91125.00 18.125.00 Twp. Debentures 49,479. Ajax it 41.489. Total High Sch. 900968. of which Twp. pays 57.36% 52,013.47 Fire Area 1880 22000.00 11035.50 3,035.50 Ajax-Pickering Hospital 2037 42400.00 1,160.00 5,560.00 S.S. Union 4 West, Village of Pickering, 21.6600 deb. due 2,266.67 Water Area 1 2186 31000.00 51040.00 .6.3 ' y 3, 9/Dr.fO BE IT THEREFORE ENACTED by the Municipal Council of the Township of Pickering that there be raised, levied and collected, the following rates in the year 1959 against the following areas: 1. School Area 1, united with the Township of Whitby, a rate of 7.1 mills on the dollar, which will raise $ 7379.88 on an assessment of $1,039,419.97 in Pickering Township and .13,114.65 on an assessment of $4,38,683.00 in the Township of Whitby. - 2 - 2. School Area No. 2 a rate of 10.3 mills on the dollar, which will on an assessment of $ 7,630,572.77, raise #78,594.90. rt d 3. School Section No. 12 a rate of 23.3 mills on the dollar, which on an assessment of $ 254,940.00 will raise $5,940.10. School Section No. 6, a rate of 7,9 mills on the dollar, which on an assessment of $678,509.65 will raise $5,360.23. 5. School Section No. 7, a rate of 7.8 mills on the dollar which on an assessment of $ 573,413.00 will raise $4,472.62. 6. Pickering District High School, comprising the whole assessment of Pickering Township, Town of Ajax, and the Village of Pickering, a rate of 3.34 mills on the dollar, which on an assessment of $ 15,537,668.17, will raise $ 51,895.81. 7. Union School Section No. 4 West with Pickering Village, a rate of 5.6 mills on the dollar, which on an assessment of $ 406,129.80, will raise $ 2,274.33, being 21.6641o of the debt issued by the Village of Pickering and due in year 1959. 5. Fire Area No. 1, a rate of .4 mills on the dollar, which on an assessment of $ 7,516,217.00 will raise $ 30006.49, and be included as one rate with operation cost. D. Ajax-Pickering General Hospital, a rate of .36 mills on the dollar, which on an assessment of $ 15,5379668,17, will amount to $ 5,613.56, and shall be charged under the general rate. D, Water Area No. 1, a rate of 27.2¢ per foot on1J."'O+'EET WILL raise $ G63.y 6.7r s Y-LAW read a First and Second time thiW39day of Y-LAW read a Third time and PASSED this:?Mday of Reeve