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HomeMy WebLinkAboutBy-law 3696/69 THE CORPORATION .OF THE T.O.W. N~. HIP OF PIC~RING / being a by-law to authorize the construction of a water- main and road on Toy Avenue as local /mprovemer~s und~ the pzovisions of Sections 8 and 67 of The Local Impzovemen~ Act. WHEREAS it is expedient that the construction of the works herein in Lot 18 in Concession 1 of the Township of Picke/ing 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 the cost of the said works is to be levied by imposing special assessments therefor against lands in a local improvement area hereinafter defined~ pursuant to Section 67 of The Local Improvement Act; AND WHEREAS notice of the intention of Council to the said construction and imposing of special rates has been pub lis bed; NOW THEREFORE THE COUNCIL OF THE CORPORATION OF THE TOWNSHIP OF PICKERING ENACTS AS FOLLOWS: 1. That a ware/main be constzucted on Toy Avenue from a point 880 feet north of the north street line of Bayly Street to a point 1~500 feet north of the north street line of Bayly Street at a total estimated cost of $8~300.00 as a local improvement under the p~ovisions of The Local Improve- merit ACt . 2. The entire cost of the said watermain~ $8~300.00~ is to be assessed upon the lands abutting directly upon the work. The entire cost~ including debenture charges, shall he assessed and levied on all of the rateable property in the area set out in Schedule "A" annexed hereto which is hereby defined a Local Improvement Area pursuan~ to Section 67(1) of The Local Improvement Act~ R.S.O. 1960~ as amended, and be paid by an annual rate of 68¢ per foot on the lands specially assessed. That a granular based gravel road with ditches ~x surface drainage be constructed on Toy Avenue from a point 694 feet north of the north street line of Bayly Street to a point 1,500 feet north of the north street line of Bayly Street at an estimated cost of $16,120.00 as a local improve- ment under the provisions of The Local Improvement Act. 4. The entire cost of the said road is to be specially assessed upon the lands abutting directly on the work. The entire cost, including debenture charges, shall be assessed and levied on the rateable property in the area set out in Schedule "B" annexed hereto which is hereby defined a Local Improvement Area pursuant to Section 67(1) of The Local Improvement Act, R.S.O. 1960~ as amended, and be paid by an annual rate of $2.51 per foot on the lands specially assessed. 5. The Enginee/ of the Corporation is hereby authorized to make such plans, pzofiles and specifications and furnish such information as may be necessaxy for the making of contracts for the doing of thework ox for carrying out the sa~e by day labouI and the work shall be carried on and executed unde~ the supezintendence and according to the directions and orders of the said engineer. 6. The entire cost of the said watermain is to be paid by the issuing of debentures bearing interest at the rate of ~ per cerium per annum and be Iepaid by the special assessments over a term of 20 years~ and the entire cost of the road is to be paid by the issuance of debentu~s hearing interest at the /ate of 9 ~ per centum per annum and be repaid by the said special assessments nye/ a term of 5 years. 7. The Treasurer of the T~Nnship may~ subject to the approval of Council~ agree with any bank ox person, for temp- orary advances of money to meet the cost of the work pending complet ion thereof. 8. Any person whose lot is specially assessed may commute by a payment in cash the special rate imposed by paying the cost of construction assessed upon such lot without the interest forthwith after the special assessment roll has -3- been ceztified by the Clezk~ but may not co~...,te altec the debentuze by-law has been passed. READ a Fizst and Second t/me in open Council this day of ~ , A.D. 1969. AND READ a Thizd time and passed in open Council this f.$ f£ day of ~ , A.D. 1969. SCMEDULE "A" .LQCAL IMPROVEMEN~ AREA FOR WATERMAI~ ALL ABD SINGULAR that certain parcel or tract of land and premises situate, lying and being in the Township of PicOting in the County of Ontario and being composed of those parts of Lot 18 in Concession i of the said Township lying within 363 feet measured east and west from the centre line of Toy Avenue between a point on the said centre line distant 880 feet north from the north street line of Bayly Street and a point on the said centre line distant 1,500 feet measured north from the north street line of Bayly Street. SCHEDULE "B" LOCAL IMPROVE~RT AREA, F.OR ROAD ALL AND SINGULAR that certain parcel or tract of land and premises situate, lying and being in the Township of Picketing in the County of Ontario and being composed of those parts of Lot 18 in Concession 1 of ~-e said Township lying within 363 feet measured east and west from the centre line of Toy Avenue between a point on the said centre line distant 694 feet north from the north street line of Bayly Street and a point on the said centre line distant 1,500 feet measured north from the north street line of Bayly St reet.