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HomeMy WebLinkAboutBy-law 3892/70THE CORPORATION OF THE TOWNSHIP OF PICKERING BY-LAW NUMBER a*11' Being a by-law to authorize the construction and equipping of an indoor swimming pool. WHEREAS it is deemed advisable to construct and (.?.QT a.oT :b? 1>6.cKEN r??GrJi equip an indoor swimming pool on RaNc.e a ® of the Township of Pickering to provide part of the facilities required for a recreational area for the surrounding lands. AND WHEREAS the Council of the Corporation of the Township of Pickering has agreed to construct suc?an 3aS indoor swimming pool at an estimated cost of $3.3-,000.00 and to issue debentures for part of this cost repayable over a period of 20 years. NOW THEREFORE THE COUNCIL OF THE CORPORATION OF THE TOWNSHIP OF PICKERING ENACTS AS FOLLOWS: 1. That an indoor swimming pool be constructed on % ART 1.-vT Z9, ( dA' KEN F?-NT• RAN//G2 3 the Townsh' of Pickering and equipped at an estimated cost of 00. 2. That there shall be boW?wed for the purposes set out in Clause 1 the sum of,000.00 which sum shall be a charge against all the rateable property in the Township of Pickering. 3. That the special rate to pay for the said indoor swimming pool shall be paid in 20 annual instalments. 4. Pending sale of the debentures to be issued to finance the works herein the Head of the Council and the Treasurer may raise for the purpose aforesaid by way of loan on such debentures any sum or sums of money not exceeding all the sum hereby authorized to be borrowed and may hypothecate such debentures for such loan. READ a first and second time this j? ? of _, 1970. 0 n__ n rl - z - READ a Third time and PASSED in open Council this day of __ 19??