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156 FEBRUARY XP1Xx4L SZ30M IM <br />THE CORPORATION OF TH! COLWrV OF ■*= <br />Debenture By -Law Number 1518 <br />A BY-LAW AUTHORIZING A GRANT M THS AMOU111 <br />OF $,112,%0.00 TO METROPOLITAN GENERAL MOdrITAL <br />WHEREAS Sub - section 35 of Section 977 of The Kw* td M <br />being A.S.O. 1980, Chapter 248 and anwadmepbr tberetl aadMur <br />Councils of all municipalities to pass by -laws far granting aid Ere 11a <br />erection, establishment, maintenance or equipment of pabtle home" <br />and to issue debentures therefor; <br />AND WHPMEAS It is deemed espediest to grant to MehalsllYa <br />General Hospital in the City of Windsor the =as of $112AKOO In 1W <br />payment of the cost of the addition to Metrepontaa General UwPO <br />in the Cky of Windsor, which anm grill be pay" in tan sVd <br />instalments of $11, 298.00 and to issue debentures tkerehr, vkhst <br />interest, payable annually in the amousts per MMUM dasm in 9eM 1, <br />"A" allmebed to this by-law; <br />AND WMMFAS it is deemed expedlent to sake the I d <br />the said debt repayable in annual inatatmceta during &0 larW d <br />Un (10) years Commencing in the year of the iWM of arch deb=W% <br />NOW THFAEFOM THE COUNCH, (w THE C0EPONAl1011 <br />THE COUNTY OF ESSEX ENACTS AS YOdd,OW$;, <br />I. For the purpose aforesaid the Council of tM a peratlos of to <br />County of Essex aball grant b Metropoiitax General Mos0 W AN 41 <br />City of Windsor the sua► of :112,980.09 aai AMU is," rabaataw <br />therefor is sumo of $11,898.00 eaek. <br />_. SO& debeatura Chan be pa"blo mdmm* bur** as at ad IS <br />4he rsspostivs years is sehedulo °A!* attsebAd to thin t84aw. <br />