FORM 7
APPLICATION FOR LOAN
To: The Council
of_____________________________ of ______________________________
DETAILS OF OWNERSHIP
| Owner's Name | Telephone |
| Address | Postal Code |
DESCRIPTION OF LAND TO BE DRAINED
| Lot Number | Concession Number |
| If portion of lot, specify: |
DESCRIPTION OF DRAINAGE SYSTEM
| Number of Hectares to be drained | Approximate number of metres of material |
ESTIMATED COST OF DRAINAGE SYSTEM
AMOUNT OF LOAN REQUESTED
Material
$_________________
(Amount of loan requested must be
Other
$_________________
a multiple of $100, not exceeding
Inspection Fees $_________________
75% of the total cost)
Total Cost
$_________________
$_________________________
| Anticipated date of commencement | Anticipated date of completion |
In making this application for a loan, I understand and agree to the following:
(a) the granting or refusal of
the application is in the discretion of the Council whose decision
is final;
(b) I will be advised in writing of Council's decision
regarding the application;
(c) should the application be granted, an inspector of
drainage appointed by Council will
report to Council to the effect that
the work has been satisfactorily completed before
any funds are advanced by way of
loan;
(d) it is also a condition of the making of the loan that all
work must be carried out in
accordance with the Agricultural
Tile Drainage Installation Act;
(e) Council shall levy and collect for the term of ten
years over and above all other rates
upon the land, in respect of which
the loan is made, a special equal annual rate sufficient
to discharge the principal and
interest of the loan;
(f) the Tile Drainage Act sets out procedural matters
concerning apportionment of a loan
when part of the land is sold,
discharge of the indebtedness upon repayment of the loan
at any time and all other matters
which pertain to this application for a loan; and
(g) I hereby certify that I have not applied for or received
as an owner of________________
or a person or corporation
beneficially entitled to any interest in land or leasehold any
loan or loan in this or any other
municipality in excess of a total of $___________ in this
year, and I hereby certify that my
outstanding balance is not greater that $___________.
__________________
______________________________
Date
Signature of Owner
__________________
______________________________
Date
Signature of Owner
Personal information contained on this form, collected pursuant to the Tile Drainage Act will be used for the purposes of that Act. Questions should be directed to the Freedom of Information and Privacy Coordinator at the institution conducting the procedures under the Act.
© Municipality of Morris-Turnberry