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558 OCT SP ECIAL SESSION, IN4 <br />On motion meeting adjourned I* meet at tLe ca n d IM <br />Chairman. — Carried. <br />An of which is respectfully submitted <br />DOUGLAS LAYMAN, Chairmsa. <br />B Y - L A W S <br />THE CORPORATION OF THE COUNTY OF ESSEX <br />By -Law Number 1540 <br />A BYLAW TO AUTHORIZE THE ISSUE OF DEBEW <br />TURES IN THE PRINCIPAL AMOUNT OF $313,42S.06 <br />LAWFUL MONEY OF CANADA TO PAY A PORTION <br />OF THE CONSTRUCTION OF AND IMPROVEMENT TO <br />CERTAIN ROADS IN THE COUNTY OF ESSEX. <br />WHEREAS under the authority of Construction By law Numb or <br />1327 the Council of the Corporation of the County of Epsa Drs <br />constructed and improved certain roads more particularly descdW <br />therein; <br />AND WHEREAS the said works done have been approval 4r thl <br />Minister of Highways for the Province of Ontario and the Coaab <br />shall receive from the Province of Ontario a grant to be appw <br />toward the payment of a portion of the Cost of the said worts; <br />AND WHEREAS in order to raise the snss required to pa? tDs <br />County's portion of the cost of the said works, the Council deems It <br />necessary to borrow money by the issue and sale of debentures of tW <br />Corporation in the principal amount of $915,42500 to lawful mono <br />of Canada bearing interest at the rate of 5% percent per annum wbA <br />is the amount of the debt intended to be created by this bar -law. <br />