HomeMy WebLinkAboutBy-law 2227/86THE CORPORATION OF THE TOWN OF PICKERING
BY-LAW NUMBER 2227/86
Being a by-law to authorize the construction
of a roadway, including curbs, paving, sidewalks,
boulevard sodding and tree planting, as a local
improvement under the provisions of sections 7.1(a),
11 and 68 of the Local Improvement Act.
Whereas it is deemed expedient that the petition for roadway construction, including
curbs, paving, sidewalks, boulevard sodding and tree planting, to extend Pickering
Parkway from its easterly terminus to Notion Road be granted and that the
construction thereof shall be undertaken at the cost hereinafter set out as a local
improvement under the provision of section 11 of the Local Improve_~ent Act; and
Whereas the cost of the said works is to be levied by imposing a special assessment
against lands fronting on the proposed roadway to be known as Pickering Parkway
pursuant to section 68 of the Local Improvement Act;
Now Therefore the Council of the Corporation of the Town of Pickering hereby enacts
as follows:
1. (1)
That a roadway, including curbs, paving, sidewalks, boulevard sodding and
tree planting be constructed from the easterly terminus of Pickering
Parkway, 756 metres easterly to Notion Road at an estimated cost of
$490,000.00 as a local improvement under the provisions of the Local
Improvement Act.
(2)
The entire cost of the works referred to in subsection (1) shall be
specially assessed upon land abutting directly on the works and
immediately benefitting therefrom. The entire cost including debenture
charges, shall be assessed and levied against those properties shown on
Schedule "A" attached hereto.
The firm of Fred Schaeffer and Associates Limited is hereby authorized to make
such plans, profiles and specifications and furnish such plans and information
as may be necessary for the making of contracts for doing the works or for
carrying out the sane, and the works shall be carried on and executed under the
superintendence and accordance to the direction and orders of the Engineer of
the Corporation of the Town of Pickering.
The cost of the works, estimated at $490,000.00 is to be paid by the issuing of
debentures bearing interest at the rate of eleven (11) per cent~m% and is to be
repaid by the special assessments over a term of ten (10) years.
The Treasurer may, subject to the approval of Council, agree with any bank or
person for temporary advances of m~ney to meet the cost of the works pending
completion thereof.
Any person whose land is specially assessed may coranute, by a payment in cash,
the special rate ~mposed by paying the cost of construction assessed upon such
land without interest until the special assessment roll has been certified by
the Clerk, and with interest as set out in Section 3, both c~u~uted at the
rate of three per cent below bank prime on the day of con*nutation, after the
special assessment roll has been certified by the Clerk.
6. This by-law shall not come into effect until the approval of the Ontario
Municipal Board to the undertaking herein is obtained.
BY-LA~ READ a first and second time this 20th day of {~ay, 1986.
Clerk
BY-LAW READ a Third time and finally PASSED this 30thday of June 1986.
Clerk
ROLL NUI~ER
1. 16-017
2. a) 16-178
b) 16-147
3. 16-146
SCHEDULE "A" TO BY-LAW NUMBER 2227/86
OWNER
566626 Ontario Ltd.
~{aringstown Investments Ltd.
0id Cummer Estates Ltd.
Nor leon Limited
$124.39
$ 63.21
$ 68.07