HomeMy WebLinkAboutSeptember 25, 1959
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M UN I C IP A L
BUILDING
BROUGHAM
A Special Meeting.of Couneil}was held on FRIDAY, the TWENTY-FIFl'H day of
SEPTB~, 1959, at EIGHT o'clock in the evening.
PRESENT: J. Sherman Scott, in the Chair
Mrs. Jean McPherson
Harvey Spang
Edgar James
Harry Ashton
H. Ross Hawthorne
Miss Violet Swan
L. T. Johnston, Clerk
On September 21st last Reeve Scott and Messrs. Jefferson, Johnston, Proctor,
Butler and Stevens,~a'member of the O.W.R.C. and Mr. Horgan, Solicitor tor
Crusader Development Corporation Limited, met with Messrs. Rowland and
Kennedy of the ~ntario Municipal Board and tentatively discussed the
financing of the proposed Crusader Development Corporation Limited develop-
ment at Frenchman's Bay.
As it seemed quite obvious that the members of the Board felt that the
proposed Crusader bonds were not sufficient, Mr. Tims and his solicitor,
Mr. Borgan, submitted a new proposal which they asked be incorporated
into-the original subdivision agreement, viz;
That Crusader. Development Corporation Limited should assUlDe all costs of
building the proposed $683,000.00 water plant, that the 150,000.00 grant
to the proposed water plant be omitted, that there would be approximately
3.100 units at $350.00 per unit weuld be $1,085,000.00 donation for services
that should the water plant and sewage plant, less oversizing, cost less
than $350.00 times the number of aotual units, then Crusader would pay the
difference to the Township, the Township would take over water and sewer
plant one year after completion and passing of our Consulting Engineers
at no cost to the Township, that the bond for the building of water and
sewage plant be inoreased from $250,000.00 to $625,000.00; that all
referenoe to time for building houses be deleted from agreement, and that
Townshi, would expropriate ~O acres of land for water plant location if
necessary at no cost to Township.
. "Z:-&unol1 agreed to proposed changes iIi agreement and our Solicitor, Mr.
~.Stevens, presented an 811ended agreement for Council's censideration.
BY-LAW N'tJM:8,ER 2440
Mr. Hayt}¡eme, seeonded b)" Mrs. McPherson, moves for leave to introduce a
By-Law of the Towship or Piokering to authorize the ReeTe"and Clerk to
sign a-fur~er agreement vitI! (jrusader DeTelop.ent Corporation Limited,
and that ....néwbe read a first time.
~",;"~",,p.lIawthorne, seconded by Miss Swan, moves that By-Law NUlDber 2440 to
~uth.rize the Reeve and Cla~ to sign a further agreement with Brusader
. zDeveJ'OJØíl4!tDt Corporation Lillited, be now read a seoond tiJIe, and that
. CÒ..il gøinto Comaittee of the Whole thereon.
The C.-.ittee of the Whole arises and reports the B,y-Law as read.
Mr. Hawthorne, .eeg~d b7 Mr. Ashton, moves that the report of the C..-ittèe
of the Whole- on B,y~Lavl'.:bEt1' 2440 be adopted, and that the said By-law be
now read a Third tille aridPASSBD; that the Reeve and Clerk sign the....,
and the Seal of the Corporation be affixed thereto. CØØDD
On MOTION of Miss ~rt;~ the meeting adjourned.
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CARRIED
4Iik /f'
1959