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THE CORPORATION OF THE MUNICIPALITY OF GREENSTONE BYLAW 1661 A BYLAW OF THE CORPORATION OF THE MUNICIPALITY OF GREENSTONE TO AUTHORIZE THE BORROWING UPON AMORTIZING DEBENTURES IN THE PRINCIPAL AMOUNT OF $3,200,000.00 TOWARDS
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Collect all the necessary information and documents, including the debenture terms, interest rates, repayment schedule, and any other specific details mentioned in the by-law.
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Any individual or organization planning to issue debentures or raise funds through the issuance of debentures would require the by-law 16-61 debenture by-law. This by-law sets out the rules, regulations, and requirements to be followed when issuing debentures, ensuring compliance with applicable laws and providing legal protection for both the issuer and the investors.
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By-law 16-61 is a legal document that authorizes a municipality or public entity to issue debentures (long-term securities) to raise funds for specific purposes such as infrastructure development or public projects.
Municipalities or public authorities that intend to issue debentures under By-law 16-61 are required to file this by-law.
To fill out By-law 16-61, entities must provide details such as the amount of debenture to be issued, purpose of the issuance, interest rates, term of the debenture, and any other relevant financial information as specified in local governance guidelines.
The purpose of By-law 16-61 is to allow municipalities to legally borrow funds through the issuance of debentures for financing capital projects or managing public funds.
The by-law must report information such as the total amount of debentures, the purpose for which funds are being raised, proposed interest rates, repayment schedule, and any additional requirements as per municipal regulations.
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