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AUGUST SPECIAL BLSMOA, 1900 Spas <br />By -Law No. 1365 <br />A Supplementary By -La of the County of Essex to <br />raise a loan to most the Current Expenditures of the <br />County of Essex Road System for the year 1960. <br />WHEREAS it has been expedient and necessary to raise by wp <br />of a loan the sum of Five Hundred Thousand Dollars (lj600,000.09) <br />required to meet the current expenditures of the County ad Essex <br />Road System during the year 1960. <br />BE IT THEREFORE enacted by the Municipal Conseil d 00 <br />Corporation of the County of Essex as follows: <br />1. That it shall and may be lawful for the Corporation of tM <br />County of Essex to borrow from any ehartered Bast er Banks rile <br />sum of Five Hundred Thousand Dollars ($5oo,000.00) fw the purpose <br />aforementioned to meet the Current Expenditures of the County low: <br />: <br />System for the year 1960 by demand notes at the rate d Five sad <br />Three- quarter (5% %) per centum per annum. <br />2. The Warden and Treasurer of the County of Baru be and <br />they are hereby authorized to enter into agreements to earq fat* <br />effect the said loan. <br />a. That all and any revenues of the Corporatim are hereby ehas► <br />Qed with repayment of all monies borrowed under the authority of <br />this By -law and the lien upon all the said revenues until the loans <br />created under the authority of the said By -laws are fully satlafled <br />4 That the Treasurer is hereby authorised and directed to apply <br />u much of the revenues of the Corporation as may be aeeessary 1a <br />payment of the obligations of the Corporation created sfofesdd <br />This By -law shall come into force and take effect se d the 104111 <br />day of August, 1980. <br />Passed this 17th day of August, 1980 is open Couadl. <br />(NOW) C. A. li►'P.ICMY, aligned) DOUGLAS LATMAP>R <br />Clam, wardeL <br />