HomeMy WebLinkAboutBy-law 2732 - only 2 readings B Y - L A W N U M B E R ~7~
A BY-LAW OF THE CORPORATION OF THE TOWNSHIP OF PICKERING FOR UNDERTAKING
THE CONSTRUCTION OF A WATER EXTENSION ON LIVERPOOL ROAD AS A LOCAL
IMPROVEMENT.
WHEREAS the Corporation of the Township of Picketing may pass by-laws
for undertaking a work as a Local Improvement on petition, under the
provisions of Section 7 of the Local Improvement Act, R.S.O. (1960)
Chapter 223~
AND WHEREAS a petition for the hereinafter described work has been
received by the said Council, duly signed by at least two thirds in
number of the owners representing at least one-half of the value of
the lots liable to be specially assessed in connection therewlth~
AND WHEREAS the Council has caused to be made the reports, estimates
and statements required in connection therewith;
NOW THEREFORE the Council of the Corporation of the Township of Picketing
ENACTS AS FOLLOWS:
1. That the construction of a waterworks extension (as shown on
accompanying map, Schedule "A") to serve those lands of Picketing
Township on Liverpool Road for two hundred feet (200') immediately
north of Commerce Street, be undertaken as a Local Improvement
under the provisions of the Local Improvement Act.
2. That the cost of the said work, estimated at $1,749.00, be financed
by the sale of twenty year debentures bearing interest at 6 5/':%
per annum. 6~ '/~
Capital Debenture Total Est.
Account Cha~.ges Cost Per Year
Mains $ 1,~2~.00 1,292.83 2,716.83 135.8~
House Services
(g Engineering) 325.00 295.06 620.06 31.00
$ 1,7~9.00 1,587.89 3,336.89 166.8~
to be raised as follows:
Total assessable frontage on street is g00 feet.
Estimated yearly revenue (feet frontage) bOO X .3~¢ $ 136.00
House services estimated at 5 @ $6.02 30.10
Total estimated revenue per annum $ 166.10
3. The Township Engineer of the said Corporation does herewith make
or cause to be made such plans, profiles and specifications as
may be necessary in order to carry out the construction of the
said work.
That the said work shall be constructed under the superintendence
and direction of the said Township Engineer.
5. That the Reeve and Clerk be and the same are hereby authorized to
enter into one or more contracts for the construction of the said work,
subject to the approval of the Council of the Township of Picketing
to be declared by resolution.
&. T2~ Reeve and Clerk be and the same are hereby authorized to--
eh%er into o~e ~ mope contracts for the construction of the said wo~k,
s~mbject %o the approval of the said Council to be declared by resolutio~
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6. That the Township Treasurer may agree with any bank or person for
temporary advances of money to meet the cost of the said work
pending the completion thereof, subject to the approval of this
Council, to be declared by resolution.
7. That the special assessment shall be paid by:
(a) a foot frontage charge of 3~¢ per foot levied on all the lands
abutting directly on the work.
(b) House services connection charge of $6.02 per year per lot.
~ That any person whose lot is specially assessed may commute for a
payment in cash the special rates imposed thereon by paying the
portion of the cost 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.
9. That the said Corporation issue one or more debentures ~ pay for
the balance of the cost of the work when completed to bear interest
at such rate and to be on such terms and conditions as Council
may determine.
BY-LAW read a First and Second time this ~' ~day of ~0~/ 1962
B-Y---L-A4~-~+a~-~--T~ird-eR-m~'--a~-PASSZD--~e+~is ............ d~y ef ...... t96@
Reeve
TH£ CONBT~UCTIO~ Or & WATER EXTENSIO~ ON LIV£RPOOL ROAD AS A LOCAL
~ertaki~g a work as a Local Improvement on petition
NO~ TItEREFORE the Council of the Corporation of the Township of
That the cost of tbs said work~ estimated at $1,7~9.00
ACCoUnt Chsr~ee _ .Cost Per Year
Ilouso Services
(& [ngiaearia~) 325,00 295,06 620.06 31.00
T~tel estimated revenue per ar&nu~ $ 1~.10
3. The Township Engineer of the naid Corporation does herewith make
#. That the said york shall be constructed under the superintendence
enter into one or more cootraots for the construction of the said work~
aub~mct to the approval of the CouneI1
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6, That the Township Treasurer may aFrae with any bank or person for
temporary advances of money to meet the cost of the said work
Council, to be deelared by resolution,
70 That the special assessment shall be paid
abutting directly on the work,
(b) ~ouso services connection charms cf $6.02 per year per lot,
8, That any person whose lot is specially assessed may commute for a
payment in cash the special rates imposed thereon by payin~ the
the interest forthwith after the special Assessment Roll has been
oertt~led by the Clerk, but may not com~ute after the debenture
by-law has been passed.
That the eel~ Corporation issue oas or ~ore debentures ~ pay for
the balance of tho coat o~ the work when completed to bear interest
at such rate and to be on such terms and conditions as Council
may determine.
~Y-LA' reed a rir.t and Secon~ tl.e this_ ~. dicey of --/~t~r 1962
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enter lntc~ ,:~e or ~,~,,e eo~tr,~ct~ for the cen~tructlc~, e,~ the ~,~{,i ~ork~
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