Housing commission. Assessment erection and construction by which such person or corporation shall be rated at a fixed sum; or the assessment of the real and personal property of said person or corporation placed at a fixed amount for a term of years, not exceeding twelve, as the Council may determine. 5. The City Council may annually add to the amount to be assessed and levied on real and personal property and income in the City for general purposes a sum not exceeding two thousand dollars for the purpose of defraying the expense of the Housing Commission of the City of Sydney, including the payment of salaries of such officials as may be necessary. The Council may appoint a suitable person to act as secretary to the said Housing Commission, who shall receive such salary and perform such duties as the Council shall prescribe. 6. The assessment rolls and the registrar's list of rolls and voters voters for the year 1922 are hereby legalized and con lists confirmed. Sec. 320 as enacted by Sec. 2, amended. firmed. 7. Section 320, as enacted by Chapter 44 of the Chap. 44, 1911, Acts of 1911, Section 2, is amended by striking out the word "seven" in the fourth line thereof and substituting the word "eight", and by striking out the word "five" in the fifth line thereof and substituting the word "six." License fee for non-resident contractors. 8. (1) Every person, firm or company not a resident of the County of Cape Breton who enters into any contract for the construction or alteration of any building in the City of Sydney, shall, before beginning any work under such contract, pay to the City a license fee, as follows: (a) if the total sum payable under the contract amounts to one thousand dollars, and does not exceed five thousand dollars, he shall pay five per cent. on such total sum; (b) if the total sum exceeds five thousand dollars, and does not exceed ten thousand dollars, he shall pay three per cent. on such total sum; (c) if the total sum exceeds ten thousand dollars, he shall pay two and one-half per cent. on the total sum. (2) Every person, firm or company who contravenes or fails to comply with the provisions of this section, and the agent, foreman or other person in charge of the work on any such contract in behalf of any such person, firm or company, shall, for every day on which any work is done under any such contract without having taken out a license, be liable to a penalty not exceeding one hundred dollars, and in default of payment, to imprisonment for a period not exceeding ten days; and in addition thereto the amount of such license may be recovered by action in the name of the City, and in any such action against any person, firm or company out of the Province, service of the writ of summons or other process upon any such agent or foreman shall be good and sufficient. 9. Section 244 is repealed and the following sub-sec, 244, restituted: pealed; substituted. sanitary in (244) The Board shall from time to time appoint May appoint one or more sanitary inspectors and designate the spectors. limits within which each inspector shall act, and the period of his employment. 90, Acts 1917 10. Section 2 of Chapter 90 of the Acts of 1917 Sec. 2, Chap is amended by adding the following sub-section :- amended. paid taxes. (b) the City Council may by resolution order Interest on unthat interest at a rate not exceeding eight per cent. per annum be charged and collected on all taxes unpaid at the end of the fiscal year. CHAPTER 59. Bank loan of $15,000 legaliz ed. An Act to Enable the Town of Amherst to Borrow Money to Pay off a Certain Overdraft Indebtedness Due the Royal Bank of Canada. (Passed the 29th day of April, A. D. 1922.) Be it enacted by the Governor, Council, and Assembly, as follows: 1. The borrowing from the Royal Bank of Canada ed and confirm- of the sum of fifteen thousand dollars ($15,000.00) by the Town of Amherst in the year 1921 for the relief of the unemployed in said Town is hereby ratified, legalized and confirmed. Authority to borrow and repay bank. Promissory note. 2. The Town of Amherst is hereby authorized to borrow or raise by way of loan, on the credit of the Town, the sum of fifteen thousand dollars ($15,000.00) for the purpose of paying off said indebtedness to the Royal Bank of Canada incurred in the year 1921 for the relief of the unemployed in the said Town, with interest accruing thereon up to the time of the said payment, which said sum may be in addition to any loans which the said Town Council is empowered to effect under and in pursuance of sub-sections 1 and 2 of Section 134 of the Towns' Incorporation Act, and amendments thereto, being Chapter 4 of the Acts of the Legislature of Nova Scotia for the year 1918. 3. The said money for the purposes aforesaid may be borrowed by a resolution of the Town Council by a promissory note, which shall be signed by the Mayor and Town Clerk on behalf of the Town of Amherst, and said note to be made payable within a period of five years from the date of said note with interest at such rate as may be authorized by the Town Council, and the said Mayor and Town Clerk may sign renewals for said note. 4. The principal sum and interest thereon shall be a charge upon the property funds and revenues of the Town of Amherst. loan. 5. Such money to be borrowed as aforesaid shall Repayment of be repaid out of the revenues of the Town in five equal annual instalments, with interest at a rate not exceeding six per centum per annum, payable yearly, beginning in the year 1922. be added to levied. 6. The Town Council shall annually add to the Instalments to amount to be assessed and levied on the Town for assessment and general purposes a sum sufficient to pay such annual instalments as they shall become due, together with interest accruing on the unpaid principal money borrowed under the authority of this Act. CHAPTER 60. An Act to Enable the Town of Amherst to Borrow (Passed the 29th day of April, A. D. 1922.) Be it enacted by the Governor, Council, and Assembly, as follows: borrow $1,500. (1) The Town of Amherst is authorized to borrow Authority to or raise by way of loan on the credit of the Town the sum of fifteen hundred dollars ($1500.00) for the purpose of extending, altering and improving the Water Works System of the said Town. (2) Where any money is borrowed or raised by the Sinking fund. issue and sale of debentures of the Town under this Act and the Municipal Debentures Act, 1914, as amended, the Council of the Town shall provide for a sinking fund with respect to such debentures; provided, that the amount to be paid annually into the sinking fund shall not be less than two per centum of the aggregate amount of said debentures and shall not be more than the Council deems sufficient to provide for the payment of the debentures when the same are payable, and the first payment into such sinking fund Interest and sinking fund lawful charges. shall be made within one year from the date of the debentures. Debentures. the sinking fund so provided; shall be held to be sums required for the ordinary lawful purposes of the Town and shall be raised, levied and collected in the same manner and in all respects as other sums required for the ordinary, lawful purposes of the Town are raised, levied and collected. (4) Such debentures shall be payable in thirty years from the date thereof and shall bear interest at the rate of six per centum per annum. |