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DECEMBER REGULAR 1lESslot4 $13 <br />By -Law Number 1467 <br />A BY -LAW AUTHORIZING THE BORROWING OF <br />TEMPORARY ADVANCES PENDING THE PASSING <br />OF A BY -LAW FOR THE ISSUANCE AND SALE OF <br />DEBENTURES TO RAISE THE SUM REQUIRED By <br />THE CORPORATION OF THE COUNTY OF ESSEX FOR. <br />THE CONSTRUCTION AND EQUIPPING OF THE NEW <br />COURT HOUSE FOR THE COUNTY OF ESSEX <br />WHEREAS, the Corporation of the County at Erex deem it <br />expedient to borrow, as temporary advances pending the issue sad sale <br />of debentures, the sum of $464,000.00 for the purpose afore K- <br />AND WHEREAS by order dated Wednesday, the Sth day of <br />December, 1962, The Ontario Municipal Board, pursuant to Section 44 <br />of The Municipal Board Act, Chapter 274, R. S. O. 1960, has approved <br />the construction of and equipping by the Corporation Of the County d <br />Fesex of their share of a new Court House for the County of Essen ni <br />the City of Windsor in the amount of $464,000.00, and has authorised <br />the Corporation of the County of Essex for such purposes 10 par all <br />requisite by -laws including by -laws providing for the ternparsry advasr. <br />On pending the passing of a by- law for the Mmmu os and sale d d ben - <br />tures. <br />NOW THEREFORE THE COUNCIL OF THE CORPORATION <br />OF THE COUNTY OF ESSEX ENACTS AS FOLLOWS: <br />I. The Corporation shall borrow and doth hereby authorise the <br />borrowing from the Canadian Imperial Bank of Camerae w temporary <br />advances pending the issue and sale of debentures, as above elted, such <br />advances sit may be required but not exceeding a total of i"000.00 on <br />the terms and subject to the conditions art forth in this by -low. <br />2. Within the loin aforesaid and as monks are required bvm <br />time to time for the purpose above cited, the Warden and Treasurer <br />of the County of Eew.%. acting an behalf of the Corporation of the <br />County of Essex, are hereby authorised to borrow monies from the ealri <br />