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HomeMy WebLinkAboutBy-law 4328/73THE CORPORATION OF THE TOWNSHIP OF PICKERING BY-LAW NUMBER _tZ 73 Being a by-law to authorize the con- struction of watermains as local improvements under the provisions of Sections 11 and 68 of The Local Improvement Act, R.S.O. 1970. WHEREAS it is expedient that the petition for watermains on Kingston Road and Southview Drive be granted and that the con- struction thereof shall be undertaken at the cost hereinafter set out as a local improvement under the provision of Section 11 of The Local Improvement Act, R.S.O. 1970; AND WHEREAS the cost of the said works is to be levied by imposing special assessments therefor against lands fronting on Kingston Road and Southview Drive in a local improvement area as hereinafter defined pursuant to Section 68 of The Local Improve- ment Act; NOW THEREFORE the Council of the Corporation of the Township of Pickering ENACTS AS FOLLOWS: 1. That watermains be constructed on Kingston Road from a point 600 ft. East of Brock Road to Notion Road and on Southview Drive at an estimated cost of $55,000.00 as a local improvement under the provisions of The Local Improvement Act. 2. The entire cost of the said works is to be specially assesse? upon land abutting directly on the works and immediately benefitting therefrom. The entire cost, including debenture charges, shall be assessed and levied on the rateable property fronting on the north side of Kingston Road from a point approximately 600 feet east of Brock Road to Finch Avenue and fronting the South side of Kingston Road from a point approximately 600 feet East of Brock Road to Notion Road, Southview Drive on both sides between Kingston Road and the South limit of Registered Plan 469 which is hereby defined a local improvement area pursuant to Section - 2 - 68 (1) of The Local Improvement Act, R.S.O. 1970, as amended, and paid by an annual rate of $1.44 per foot on the land specially assessed. 3. The Engineer of the Corporation 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 the doing of the works or for carrying out the same by day labour and the works shall be carried on and executed under the superintendence and according to the directions and orders of the said Engineer. 4. The entire cost of the works is to be paid by the issuing of debentures bearing interest at the rate of nine (9) per centum and be repaid by the special assessments over a term of 20 years. 5. The Treasurer of the Township may, subject to the approval of Council, agree with any bank or person for temporary advances of money to meet the cost of the works pending completion thereof. 6. Any person whose lot is specially assessed may commute by a payment in cash the special rate imposed by paying 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. 7. This by-law shall not come into effect until the approval of the Ontario Municipal Board to the undertaking herein is obtained. Read a First and Second time in open Council this " day of ?yll,Z64 , 1973. - 3 - Read a Third Time and PASSED in open Council this 0- day of _y?AV?, 1973. .1-VIA k Clerk PROje Vol", F' ?. O A.;, ro :.On j