Loading...
HomeMy WebLinkAboutBy-law 4079/71THE CORPORATION OF THE TOWNSHIP OF PICKERING BY-LAW NUMBER `-t 0-7 y7 being a by-law to authorize the construction of watermains as local improvements under the provisions of sections 11 and 68 of The Local Improvement Acts R.S.O. 1970. WHEREAS it is expedient that the petition fox a watexmain on White's Road together with the necessary connection along Finch Avenue to Spruce Hill Road be granted constructiop of and shall be undertaken at the cost hereinafter set out as local improvements under the provisions of section 11 of The Local Improvement Acts R.S.O. 19704 AND WHEREAS the cost of the said works is to be levied by imposing special assessments therefor against lands fronting on White's Road in a local improvement area hereinafter defined pursuant to section 67 of The Local Improvement Act; NOW THEREFORE THE COUNCIL OF THE CORPORATION OF THE TOWNSHIP OF PICKERIM ENACTS AS FOLLOWS: 14 That watexmains be constructed on White's Road from Finch Avenue to a point 140 feet south of Rail Crescent together with the necessary connection on Finch Avenue from Spruce Hill Road to Whites Road at an estimated cost of $110p000.00 as local improvements under the provisions of The Local Improvement Act* 2. The entire cost of the said works is to be specially assessed upon land abutting directly on the works and immediately benefitting therefrom. The entire costs including debenture chaxgess shall be assessed and levied on the rateable property fronting on both sides of White's Road between Finch Avenue and a point 140 feet south of Rail Crescent which is hereby defined a local improvement area pursuant to section 68 (1) of The Local Improvement Act, R.S.O. 1970s as amended, and be paid by an annual rate of $2.20 per foot on the land specially assessed. - 2 - 3. The Engineer of the Corporation is hereby authorized to make such plansq profiles and specifications and furnish such plans and information as may be necessary for the making of contracts for the doing of the works or for carrying out the same by day labour and the works shall be carried on and executed under the superintendence and according to the directions and orders of the said Engineer. 4. The entire cost of the said works is to be paid by the issuing of debentures bearing interest at the rate of nine percent per annum and be repaid by the special assessments over a term of 20 years. 5. The Treasurer of the Township mays subject to the approval of Councils agree with any bank or person for temporary advances of money to meet the cost of the works pending comple- tion thereof. 6. Any person whose lot is specially assessed may commute by a payment in cash the special rate imposed by paying the cost of construction assessed upon such lot without the interest foth- with after the special assessment roll has been certified by the Clerk but may not commute after the debenture by-law has been passed. 7. This By-law shall not come into effect until the approval of the Ontario Municipal Board to the undertaking here- in is obtained. l? READ a First and Second time in open Council this ?S day of , )2e),'- i 1971. / Read a Third time and passed in open Council this ?? j?day of ry.X4& 2 197 .