1. The amount of the debt which such law is intended to create and the object in general terms for which it is to be created; 2. The total amount required to be raised annually for paying the debt and interest under this bylaw and whether the whole or if not what portion thereof is payable by way of special assessment and the system of special assessment applicable; 3. The total value of the land charged with the special assessment and if any portion of the debt created by such bylaw is to be borne by the corporation at large the value of the whole ratable property of the corporation according to the last revised assessment roll; 4. That the debt is contracted on the credit and security of the corporation at large but as to so much as is not to be paid by the corporation at large the corporation is to collect the same only by way of special assessment as aforesaid. section 143 7. For the purposes of this Ordinance section 143 of The New Municipal Ordinance is hereby repealed and the following substituted therefor: 143. The council of the corporation shall pass a bylaw authorising the levying and collecting of a rate or rates of so much on the dollar of the assessed value of the property therein as the council deems sufficient to raise the sum required to meet the amount of such estimate and to pay all valid debts of the corporation whether of principal or of interest falling due within the year; but there shall not be levied or assessed in any one year more than an aggregate rate of twenty mills on the dollar exclusive of school rates and local improvement rates; provided that for the purpose of meeting the cost of any public work or works under the provisions of An Ordinance to incorporate the City of Prince Albert the aggregate rate exclusive of school rates and local improvement rates may be increased for that purpose only but so as not to exceed twentyfive mills on the dollar. Ordinance 8. For the further purposes of this Ordinance The Municipal Municipal Ordinance is hereby amended as follows: Subsection 52 of amended section 95 and section 164 are hereby repealed and the following sections are added after 163 thereof, namely: accounts to be special rate 164a. The council of the corporation of the city of Separate Prince Albert shall keep in its books two separate accounts one kept for for the special rate and one for the sinking fund or instalments and sinking of principal of every debt to be both distinguished from all fund other accounts in the books by some prefix designating the purpose for which the debt was contracted and shall keep the said accounts with any others that are necessary so as to exhibit at all times the state of every debt and the amount of moneys raised, obtained and appropriated for payment thereof. Surplus in special rate amount 164b. If (after paying the interest of a debt and appropriating the necessary sum to the sinking fund of such debt or in payment of any instalment of principal for any financial year) there is a surplus at the credit of the special rate account of such debt such surplus shall so remain and may be applied if necessary towards the next year's interest; but if such surplus exceeds the amount of the next year's interest the excess shall be carried to the credit of the sinking fund account or be applied in payment of the principal of such debt: Provided always that any moneys levied and collected for the purpose of a sinking fund shall not in any case be applied towards paying off any portion of the current or other expenditure of the municipality save as may be otherwise authorised by this or any other Ordinance; (2) In the event of the council of the corporation diverting any of the said moneys for such current or any other expenditure save as aforesaid the members who vote for the diverting of said moneys shall be personally liable for the amount so diverted and said amount may be recovered in any court of competent jurisdiction; and the members who may have voted for the same shall be disqualified from holding any civic office for the period of two years. 164c. The council may by bylaw order and direct that such part of the produce of the special rate levied and at the credit of the sinking fund account or of the special rate account as aforesaid instead of being invested as hereinafter provided shall from time to time as the same accrues be applied to the payment or redemption at such value as the said council can arrange or of any part of such debt or of any of the debentures representing or constituting such debt or any part of it though not then payable to be selected as provided in such bylaw and the city council shall thereupon apply and continue to apply such part of the produce of the special rate at the credit of the sinking fund or special rate accounts as directed by such bylaw. 164d. If any part of the produce of the special rate levied in respect of any debt and the credit of the sinking fund account or of the special rate account thereof cannot be immediately applied towards paying the debt by reason of no part thereof being yet payable the council shall from time to time invest the same in government securities, city or school debentures or in local improvement debentures of the corporation or in any other debentures of the corporation or in first mortgage on real estate to an amount not exceeding one-half the sworn cash valuation of an independent appraiser or by way of the temporary use of an amount not exceeding one-half of the estimated amount of the civic taxes to be levied by the general rate of the current year provided that such amount shall be replaced by the end of the current year; and from time to time as such securities mature may invest in other like securities. (2) The council of such corporation may regulate by bylaw the manner in which such investments shall be made. (3) It shall not be necessary that any local improvement or other debentures of the corporation referred to in this section shall have been disposed of by the council; but the council may apply the sinking fund to an amount equal to the amount of such debentures for the purpose to which the proceeds of such debentures may be properly applicable and shall hold the debentures as an investment on account of the sinking fund and deal with the same accordingly. of surplus 164e. The council may direct by bylaw that any surplus Appropriation moneys in the hands of the secretary-treasurer and not moneys to specially appropriated to any other purpose shall be credited sinking fund to the sinking fund account of any debenture debt of the corporation and the council may invest such sinking fund in any of the securities named in and according to the provisions of the preceding section. of surplus public 164. The council may appropriate to the payment of Appropriation any debt the surplus income derived from any public or income from corporation work or from any share or interest therein (after works, etc. paying the annual expenses thereof) or any unappropriated money in the treasury or any money raised by additional rate; and any money so appropriated shall be carried to the credit of the sinking fund of the debt in payment of any instalment accruing due. 164g. No member of the said corporation shall take part Member of in or in any way be a party to the investment of such moneys cot to be corporation as are mentioned in this Ordinance otherwise than is authorised party to investment by this Ordinance or by any other law in that behalf made and provided and such person so doing shall be held personally liable for any loss sustained by the corporation. borrowing 9. For the purposes of this Ordinance section 213 of The Limitation of Municipal Ordinance is hereby amended by adding thereto power the words: Except for the purpose of constructing or purchasing any public work or works under the provisions of An Ordinance to incorporate the City of Prince Albert or assisting therein in which event but for such purposes only the corporation shall have power to pass such bylaws for contracting debts to the extent of but not to a greater extent than twenty per cent. of such assessed value; and in the event of the corporation having funds or securities to the credit of a sinking fund the amount thereof for the time being shall be deducted from the indebtedness of the corporation for the time being and the difference only shall for the purposes of this section be deemed the amount of the actual indebtedness of the corporation for the time being." Corporation may construct waterworks and sewers Powers Power to enter upon and WATERWORKS AND SEWERS. 10. The corporation of the city of Prince Albert hereinafter called the corporation shall have power to construct, build, purchase, improve, extend, hold, maintain, manage and conduct waterworks, sewers and electric light and all buildings, materials, machinery and appurtenances thereto belonging in the corporation and in the neighbourhood thereof as hereinafter provided and either in connection with waterworks or not a system of storm sewers or sanitary sewers or both. 11. The corporation shall have power to employ such engineers, surveyors and other persons and to rent with such conditions, covenants and stipulations as the corporation shall deem requisite or necessary or purchase at the option of the corporation such lands and buildings, waters and privileges as in their opinion may during the construction or at any future time be necessary or expedient to enable them properly to carry out the purposes of this Ordinance. 12. The corporation, their engineers, servants and workmen acquire lands from time to time and at such times as the corporation shall see fit may enter into and upon, take or use the land of any person, bodies politic or corporate in the corporation or within ten miles thereof and may survey, set out and ascertain such parts thereof as are required for the purposes of the waterworks or sewers and may contract with the owner or occupier of the said lands and any person having a right or interest in any water for the purchase or renting thereof or of any part thereof or of any privilege that may be required for the purpose of the waterworks or sewers at the option of the corporation. Construction of necessary 13. The corporation may construct, erect and maintain in works and upon any lands acquired under the provisions of this Ordinance all reservoirs, waterworks and machinery requisite for the undertaking and for conveying the water thereto and therefrom, in, upon and through any lands lying intermediate between said reservoirs and waterworks and the rivers, ponds and springs, streams or waters from which the same are procured and the corporation by one or more lines of pipes as may from time to time be found necessary or expedient. 14. The corporation and their servants under their authority may for the said purposes enter and pass upon and over the said lands intermediate as aforesaid and the same may cut and dig up if necessary and may lay down the said pipes through the same and in, upon, through, over and under the highways, streets, lanes, roads or other passages intermediate as aforesaid and may for the purpose of such waterworks enter and pass upon and over such lands as the corporation may deem expedient and the same may cut and dig up if necessary and may lay pipes, drains, sewers and other works through the same and in through, over and under lands, highways, streets, lanes, roads and other passages. (2) All lands not being the property of the corporation and all highways, roads, streets, lanes or other passages so dug up or interfered with shall be restored to their original condition without unnecessary delay. (3) The corporation may enter upon, set out, ascertain, purchase, use and occupy such parts of the said lands as the said corporation may think necessary and proper for the making and maintaining of the said works or for the opening of new streets required for the same; and for the purchasing of said lands required for the protection of the said works or for preserving the purity of the water supply or for taking up, removing, altering or repairing the same and for distributing water to the inhabitants of the community or the suburbs of the corporation or for the uses of the corporation or for the proprietors or occupiers of the land through or near which the same may pass. 15. For the purpose of distributing water or for the Power to lay purpose of sewerage as aforesaid the said corporation may sink pipes and lay down pipes, tanks, reservoirs and other conveniencies and may from time to time alter all or any of the said works as well in the position as in the construction thereof as they may deem advisable. vested in 16. All works, pipes, erections and machinery requisite for Property the undertaking shall be vested in and be the property of corporation the corporation constructing the said works. or sewers 17. Service pipes or sewers which may be required shall Service pipes be constructed and laid down up to the outer line of the street by the corporation and the corporation shall be solely responsible for keeping the same in repair. (2) In cases where space intervenes between the outer line of the street and the wall of the building or other place into which the water is to be taken or with which the sewer is to be connected the corporation may with the consent of the owner lay the service pipes or sewers across such vacant space and charge the cost thereof to the owner of the premises or the owner himself may lay service pipes or sewers provided the same is done to the satisfaction of the corporation or person appointed by them in that behalf. (3) The expense incidental to the laying and repairing as hereinafter provided of the service pipes or sewers if laid or repaired by the corporation (except the repairing of the service pipes or sewers from the main pipe to the outer limit of the street as aforesaid which shall be borne solely by the corporation) or of superintending the laying or repairing of the same if laid or repaired by any other |