Power to borrow. How secured, CHAPTER 71. An Act to enable the City of Halifax to Borrow Money. Be it enacted by the Governor, Council, and Assembly, as follows: 1. The city of Halifax is hereby authorized to borrow the amounts set out in the schedule hereto, for the purposes specified for each such amount respectively, and for no other. 2. The sums so borrowed shall be in addition to the amount authorized to be borrowed by the Halifax City Consolidated Fund Act, 1905, and shall form part of that fund, and shall be secured by debentures or stock to be issued in conformity with the provisions of that Act, such debentures or stock to be made redeemable on the 1st day of July, 1940. SCHEDULE. For the construction of new Not exceeding $50,000. sewers... For the further extension and improvement of the water Not exceeding $135,000. system For the purchase of the Stay-} $13,000. ner's wharf property..... For the purchase of the Tully $2000. " For the acquisition of land and the construction of an Not exceeding $20,000. Engine House on the Camp bell Road For heating the City Prison.-Not exceeding $1,500. For heating the Infectious Disease Hospital and the Not exceeding $1,300. improvement and heating of the Smallpox Hospital. For the purchase of land re quired for the widening of Not exceeding $1,200. Lower Water Street... To pay the city's proportion of paving any street directed by the Council to be paved. For the completion of the Not exceeding $25,000. fence around the Public $500. Gardens For the erection of a sea-wall on the property of A. B. Crosby, Freshwater, pro- Not exceeding $1,200. vided a two-thirds majority of the Council vote to construct the same. For the purchase of land and the construction thereon of a New Engine House on or near Grafton Street, pro vided a two-thirds majority of the Council vote to purchase and construct the same; or, for the construction of an addition on Albermarle Street to the Central Engine House, provided a two-thirds majority of the Council vote to construct such addition.... In either case not exceeding $20,000. 3. (1) The Council may, by a two-thirds vote: (a) Grant or lease on such terms as it deems fit, a site pital; (b) Issue debentures or stock to raise an amount not (2) The Council may also, by a two-thirds vote, resolve that a yearly sum not exceeding five hundred dollars ($500) shall be given towards the support of such children's hospital, and thereafter the sum so voted shall be yearly. included in the amount rated upon the inhabitants and property, and paid to the persons having the charge of such hospital. Grant to Child. ren's Hospital. industries.. 4. (1) The Council may, at any time, by a two-thirds sites for new. vote, resolve to acquire by purchase or expropriation the land requisite for the establishment within the city of any new industry, provided that the cost of such acquisition does not exceed the sum of fifteen thousand dollars ($15,000), and may grant or lease on such terms as the Council determines the land so acquired to the persons or company establishing such new industry. (2) The sum requisite for the acquisition of such land may be borrowed by the city, and the city may issue its stock or debentures therefor. CHAPTER 72. An Act to provide a Superannuation Fund for the Officials and Employees of the Fire Department of the 4. Annual report. City of Halifax. (Passed the 25th day of April, A. D., 1907.) SECTION. 10. Incapacity for work. 11. Voluntary retirement. 12. Wife or child to receive from fund in certain cases. 3. Money, how drawn. 5. Deficiency, how provided. 13. Death before payment of allowance. 6. Who shall contribute. 14. 7. Who shall participate. May be paid to other relatives in certain csses. 8. Retirement of employees. 9. Who may retire. Fund established. Trustees. Money, how drawn. Be it enacted by the Governor, Council, and Assembly, as follows: 1. (1) There shall be established a fund for the superannuation of the permanent officials and employees of the Fire Department of the city of Halifax, to be constituted and employed as specified in this Act, and to be known and designated as the the "Halifax Firemen's Superannuation Fund." (2) The provisions of this Act shall not apply to the call-men and supernumeraries. 2. The Mayor, the Auditor, the Treasurer, and the Chairman of the Committee on Finance of the city shall be the trustees of the fund, and the treasurer shall be the treasurer thereof. The fund, and all accounts in connection therewith, shall be kept separate from the other moneys and accounts of the city, but shall be audited by the auditor of the city in like manner as the other accounts of the city, and shall be managed by the trustees, subject to the control of the Council. The fund may be invested in any investment authorized by the Trustees' Act. 3. (1) The moneys of the fund shall not be drawn out except on the cheque or order of the trustees, or any two of them, one being the treasurer. (2) Such cheque or order shall not be made except upon the authority of a resolution of the Council passed upon a report of the fire wards recommending the payment. |