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284 MAY SPECIAL SESSION <br />By -Law Number 1483 <br />A, BY -LAW AUTHORIZING THE BORROWING} OF TEM- <br />PORARY ADVANCES PENDING THE PASSING OF A <br />BY -LAW FOR THE ISSUANCE AND SALE OF DEBEN- <br />TURES TO RAISE THE SUMS REQUIRED BY THE <br />NORTH ESSEX DISTRICT HIGH SCHOOL BOARD FOR <br />THE CONSTRUCTION AND EQUIPPING OF THE NEW <br />ADDITIONS TO THE NORTH ESSEX DISTRICT HIGH <br />SCHOOL. <br />WHEREAS the majority of the municipalities included in the <br />North Essex High School District have requested the Council of the <br />Corporation of the County of Essex to raise the sums required for the <br />construction and equipping of the new additions to the North FA= <br />District High School in the Village of Belle River. <br />AND WHEREAS the Council of the Corporation of the County d <br />Essex by resolution has approved the said request; <br />AND WHEREAS by Order dated Wednesday, the 24th day of <br />April, 1963, The Ontario Municipal Board, pursuant to Section 64 of <br />The Ontario Municipal Board Act, Chapter 274, R. S. O. 1960 has ap. <br />proved the construction and. equipment by The North Essex District <br />High School Board of an addition to the North Essex District Haigh <br />School at a cost of $438,345.80, and has authorized the Corporation of <br />the County of Essex for such purposes to pass all requisite By -laws <br />including By -laws providing for temporary advances and for the issue <br />and sale of debentures, provided that the term of the debentures shall <br />not exceed twenty (20) years. <br />AND WHEREAS it is deemed expedient to borrow, as temporary <br />advances pending the issue and sale of debentures, the sum of S43R <br />345.80 for the purpose aforesaid. <br />NOW THEREFORE the Council of the Corporation of the County <br />of Essex enacts as follows: <br />1. The Corporation shall borrow and doth hereby authorise <br />