HomeMy WebLinkAboutBy-law 3444 T~AE COP, P'(;2ATICN {'P l'ik~ TO',,'/NgiiI? OF PICIC~P, ING
being a 13y-leu to authorize
th~ construction of water-
mains and sanitary sewczs on
'.~ock Road as local improve-
ments undez the p~ovisions of
Section 8 of The Local
Impzovement Act.
WIi£..i~AS 'it is expedient that the construction o:_- thc
wo~ks herein shall be unde~lakcn as local iml~ovements and
notice of the in~cn~ion of Council to unde~%a!~ such v~nzhs
has been ?ublJshcd.
TC?2NSHIP (sp PISI{hL~ING i~%~'3T5 AS FCLLC,',;?S:
1. Watezmains shall bo constluctcd on %be west side
:~r~c!< i',cad bctv;ccn a point 945 fee~ so~tb o~ %he south
stzeet line of Base Line Road and llasc Line ~.ioad -',t an
cs{irt~,tad cost o'g $15,000.00 as local ~mr.zove~cnts
thc p~ov.isions of Thc Local Improvement
2. l'be owner's share o6 ~he said cost wiJl bo $o,015.00
based on ~' simcSal z~te of $7.00 pox '%x~t Cro~)tagc o/ the
lands abutting dizectly upon the works ,~nd lhe z~maindc~
thc cost of Such works will be borne by ~he Corporation.
3. l'he Corpora'rich's share of ~he said cost will b~;
$9~385.00~ and it, together with t~ owncx~s share;
be paJ.d by tine issuance of debentuzes beazJn9 intcxest
={. SeCtary sewezs shall be constluc{ed on ~he wes% side
o~ iSzock Road between a eoint 045 feet south o{ ~he south
s~eet lin<~ of Base Line fined and ~{esc Linc Road at an
estimated cost of $13~000~00 as local improvements under
%he provisions of 'rh{? Local Improvement .ici.
5. The ownez~s share of tile said cost will be
based on a sp<~cSz',l rate oE $10,00 [)cz Eoot ~xo~t,'~gc
lands abutting diz6~c'tly ur)on the wozks and tho
~!nc cost o6 such works will be boino by the Cozporatio~].
6. The CorpozatioD~s share of the said cost ~'zi]l be
$3~550.00 a~]d it~ togethez wi~h the m~mer~s shaze~ is to
be paid by the Jssua~w.e of debentures beaxing interest a~
the rate of 7j~ pe~ onnun repayable in 20 a~nun! installments.
7. The Tieesn~er of the TuwnsbJp ~my~ subject %o the
temporary mlvances of mormy to meet the cost of the works
pending the comple~J(m
[;. The r. ngineez of the Corpor~ticm is hersby authorized
to make such plans~ profiles and sf~cJFJcotions and furnish
all such information as may be neeessaly fei %he making t~f
execule(i unc]e~ the superintendence and accordin~ To %lxo
9. Any persons ',vbose l~t is specially assvsse~ r:lay commute
[)5' a p~yment in cash the s~cial ra~c imposed by [)ayinS the
coasts of constrmntio~ assessed upon such lot v/[thout the
inteR~st forthr~ith ~:[ter the Special Assessment 2o]1 has been
certif:[cd by th(~ ~lerk but m~y not commut~ afte~ %he debenture
by-law has beep passed.
READ a First and Second time i~ open Council this A
2FP~D a Third time and Fassed in open Council this II
, A.D. 1{)(',(},