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HomeMy WebLinkAboutBy-law 2426BY - LAW N UMBER 'A" A BY-LAW OF THE CORPORATION OF THE TOWNSHIP OF PICKERING TO INCREASE THE WATER RATES IN WATER AREA NUMBER 1. WHEREAS Council propose to erect an elevated water tank and sake extensions to watermains in Water Area No. 1 at a cost of $ 1200660,009 for which it is proposed to sell debentures; ND WHEREAS the additional yearly capital costs are expected to be 10,600.00; AND WHEREAS the present water rate charged residential consumers is 4.44 per 10000gallons, less 10% for prompt payment quarterly, and a commercial rate of #3.50 less I" quarterly for prompt payment; BE IT THEREFORE ENACTED by the Municipal Council of the Township of Pickering that: 1. The water rates in Water Area No. 1 shall be as follows: Quantity of Water Minimum Net Bill for Consumed Rate Period Bill Prompt Payment 1st 10,000 gallons/quarter 72.2 Cents 3 mos. 7.22 6050 Per 1000 Next 40,000 " More than 50,000'" Li " 72.2 Cents 3 mos. 7.22 6.50 r 1000 " 72.2 Cents 3 mos. Per 1000 Less 10% less 10% 33.22 $9.90 2. There be no further commercial rates. 3. The time limit to take advantage of the 10% discount for prompt payment l shall be the 20th day if the respective billing months, namely, January, April, July, October. 4. The said increased rates shall apply as of June 18, 1959. 5. All By-laws contrary to or inconsistent with this By-Iaw be and the same are hereby repealed. BY-LAW read a First and Second time this BY-LAW read a Third time and PASSED this,