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HomeMy WebLinkAboutBy-law 2944 THE CORPORATION OF T~{E TO~'~S~IIP OF PICKERING A By-law to authorize the construction of a watermain on the streets set out herein as a local improvement under the provisions of The Local Improvement Act. I~ETEREAS it is expedient that the construction of the work herein shall be undertaken as a local improvement and notice of the intention of Council to undertake such work has been published. NOW THEREFORE The Council of The Corporation of the a~ownship of Pickering Enacts as follows: 1o Ihat a watermain be constructed on Fairport Road from Vistula Drive to the Road Allowance between Range 111 and Con- cession 1, and on the Road Allowance between Range 111 and Con- cession 1 from Fairport Road to the West limit of Lot 29, Range 111, in the Township of Pickering, at an estimated cost of ~100,947.00, as a local improvement under the provisions of The Local Improvement Act. The owner's share of the said cost will be ~I36~710.00 based on a special rate of ~4.75 per foot frontage of the lands abutting directly upon the work and the remainder of the cost of such work will be borne by the Corpor- ation. 2. That the sum oft~52,140.00 of the share to be borne by 'the Corporation be paid by the Corporation without the issue of debentures and that the balance of the share to be borne by the Corporation, ~12,097.00, together with the owner's share of the cost of the work, i~36,710.OO, be paid bM~the issuance of debentures bearing interest at the rate of ~per annum by 20 annual instalments· · That the sum of ~¢12,097.00 of the share to be borne ~by the Corporation and paid by the issuance of debentures is to be charged against all the land in the Defined Water Area ?a~. of the Township of Picketing as set out in By-law Number 2490 as amended. l~ 'ap, o pr vel of Council, agree with any bank or person for tem- porary advances of money to meet the cost of the work pending the completion thereof. - 2 - ~ ~,~ 5. The Engineer of the Corporation is hereby authorized l/~to make such plans~ profiles and specifications and furnish such information as may be necessary for the making of contracts~ for the doing of the work or for carrying out the same by day labour and the work shall be carried on and executed under the superintendence and according to the directions and orders of the said Engineer· · Any person whose lot is specially assessed may corn- ~ mute by a payment in cash the special rate imposed by paying the costs of construction assessed upon such lot without the interest forthwith after the Special Assessment Roll has been certified by the Clerk but may not commute after the Debenture By-law has been passed. Read a First and Second time in open Council this 7 day of ~ , A.D. '* a I}ead a Third time and passed in open Council this ~.~ y or ,