Page 126 - index

MUNICIPAL LAW. I'J.-?
.WO. Corporations Share of Local Improvement Debts. The
Council may pa.ss all by-laws from time to time to raise loans and borrow
money required for its sliaie of any local improvements. It is not
necessary to obtain the as.sent of the electors for the passinij of such
by-law, provided always that the (general debt of the municipality shall
not be extended thereby beyond the limits fixed by the statute.
The Act proviiles that debentures issued under local improvement
by-laws do not form part of the j^encral debt of the municipality, and need
not be recited in any by-law for borrowing money on the credit of the
municipality ; but that it shall bo sufficient to state that the general debt is
exclusive of local improvement del)ts secured by special rates.
581. Abandoned Toll Roads. Councils of townships, on the
petition of two-thirds in number of the owners who.se names appear on
the last revi.sed Assessment Roll, and as representing one-half in value of
the property to be a.sses.sed, may jiass Ijy-laws providing for the maintenance
and repair of an abandoned toll load in the nuniicipality, aiid declare
what proportion of the fost shall be borne by the property immediately
benefited by the work, end what proportion shall be borne by the general
funds of the township.
HH'i. Township Roads and Local Improvement. In case (dl the
.owners of the projierty (jr lots abutting on any roatl, street or highway
in any part of a township petition the Council to macadamize, gravel,
plank or otherwise improve and to drain the same, or to build a bridge in
connection therewith, the Council may procure an engineer or an Ontario
land surveyor, to make an examination, and to report thereon, giving the
respective lands to be benefited thereby, and the proportion of benefit to
be derived therefrom Ity every such lot, or company, or municipality ; and
the Council, if of the opinion that such work woul<l be desirable, may pass
by-laws providing for the same, and issue debentures to cover the cost in
sums of not less than .SlOO each, and payable within twenty years from
date, with interest at a rate of not less than four per cent.
UHll. Counties and Local Improvements. The County Council
may pass by-laws for levying by assessment on all the ratable ju'operty
within any particular part of the township, or parts of two townships, to be
defined by metes and bounds, to defray the expenses for making, repairing
or improving a ritad or bridge or other public work (n^t within the limits
of a town or village) providing two-thirds of the electors rated upon the
last revised A.ssessment Roll for at lea.st one-half of the value of the prc-
j)erty to be affected thereby ])etitit)n for such work.
A printed notice of such petition, with the names of the signei-s
thereto, giving the limits within which the by-law is to have forco, must
be posted up for at least one month in four different places v.Ithin such
parts of the township, and at the places for holding' the sittings of the
councils of each township, and also be inserted waekly for three con-
secutive weeks in some newspaper published in the county town, if there
is no such paper then in two newspapers published nei:rest to the proposed
work.
,'ig