HomeMy WebLinkAboutBy-law 3949/71THE CORPORATION OF THE TOWNSHIP OF PICKERING
BY-LAW NUMBER 3 %x%/71
being a by-law to authorize the
construction of watermains on
Bayly Street, Industrial Road,
Liverpool Road and an easement
as local improvements under the
provisions of section 8 of The
Local Improvement Act.
WHEREAS it is expedient that the construction of the
works herein shall be undertaken at the cost hereinafter set
out as local improvements under the provisions of section 8 of
The Local Improvement Act;
AND WHEREAS notice of the intention of Council to
the said construction has been published;
NOW THEREFORE THE COUNCIL OF THE CORPORATION OF
THE TOWNSHIP OF PICKERING ENACTS AS FOLLOWS:
1. That watermains be constructed on Bayly Street from
the east limit of the H.E.P.C. to Liverpool Road; on an easement
from Bayly Street to Industrial Road; on Industrial Road from
the said easement to Liverpool Road and on Liverpool Road from
a point 320 feet south of Industrial Road to Highway 2 at an
estimated cost of $235,400.00 as local improvements under the
provisions of section 8 of The Local Improvement Act.
2. The sum of $116,400.00 of the cost of the said water-
mains is to be specially assessed upon the lands abutting directly
on the works and the balance of the cost of the said watermains
is to be paid by the corporation. The total cost of the works
in the amount of $235,400.00 including debenture charges is to
be paid by the issuance of debentures bearing interest at the
rate of 8'0 per annum and repayable in 20 annual installments.
3. The Treasurer of the Township may, subject to the
approval of Council, agree with any bank or person, for temp-
orary advances of money to meet the cost of the work pending
completion thereof.
4. The Engineer of the Corporation is hereby authorized
to make such plans, profiles and specifications and furnish such
information as may be necessary for the making of contracts for
the doing of the work or for carrying out the same by day labour
- 2 -
and the work shall be carried on and executed under the
superintendence and according to the directions and orders of the
said engineer.
5. Any person whose lot is specially assessed may ccmmste
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.
READ a first $. second amftxbbjcDat time amot Xim
M)CVzkk this 1 ^? day of
J ' 1971.
eeve
Je 34k
READ a Third Time and PASSED this ,71.4 day of
1971
Reeve
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