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1346-60-Raise Loan to Meet Expenditures for Rds
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1346-60-Raise Loan to Meet Expenditures for Rds
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6/13/2023 9:34:04 AM
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C - Council, Boards and By-laws
C - Council, Boards and By-laws - Date
1/21/1960
C - Council, Boards and By-laws - Department
Council Services
C - Council, Boards and By-laws - Description
1346-60-Raise Loan to Meet Expenditures for Rds
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By-law
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<br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />By -Law Number 1346 <br />/1 By -Law of the County of Essex To Raise • Least To <br />Meet The Current Expenditures of the County of Estut <br />Road System for the year 1960. <br />WHEREAS it has been expedient and necessary to raise by wo <br />of a loan the sum of Seven Hundred and Fifty Thousand Do <br />($750,000.00) required to meet the current Expenditurm of the Coady <br />of Esaez Road System during the year 19% <br />BE IT THEREFORR enacted by the lNuaidpd CMWO of ep <br />Corporation of the County of F.ssex as follows; <br />1. That it shall and may be lawful for the Corporatioa d the <br />County of Essex to borrow from any chartered Bank or Banks the <br />wm of Seven Hundred and Fifty Thousand Dollars ($750,000.00) far <br />the purpose aforementioned to meet the Current Expenditures of tin <br />County Road System for the year 1080 by demand Dotes st as rata <br />Of Five and Three•quartae (5% %) Per centum per anauft <br />z. The Warden and Treasurer of the Ceudp d YA"s be and <br />they are hereby authorized to enter into 4VOO MU to seM jay <br />Offset the said loan. <br />
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