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HomeMy WebLinkAboutBy-law 3191 TOWNSHIP OF PICI~ERING Being a By-law to authorize the construction of watermains on the streets set out herein, together with a 3.0 million gallon reservoir and booster pumping station and controls, as local improvements under the provisions of The Local Ir~provement Act. WHEREAS it is deemed advisable that the construction of the work herein shall be undertaken as a local improvement and notice of the intention of Council to undertake such work has been publi shed. NOW THEREFORE THE COUNCIL OF THE CORPORATION OF THE TOWNSHIP OF PICEERING ENACTS as follows: 1. That watermains shall be constructed on the streets and between the points set out below, and in addition a 3.0 million gallon storage reservoir and booster pumping station and controls, shall be constructed at an estimated cost of $628,000.00 as a local improvement under the provisions of The Local Improvement Act, STREET FR OM T 0 Rosebank Rd. Toynevale Rd. let Conc. Rd. let Conc. Rd. S. Side Rosebank Rd. Rosebank Rd. let Conc. Rd. N. Side) 840' E. of Rosebank Rd. Barry D. Drive Easement E. Side of $.Side of 515~ N. along Rosebank Rd. let Conc. Rd. Rosebank Rd. Rosebank Rd. E. Side) Easement E. Reservoir Side of Site Rosebank Rd. Easement W. Side of N. Side of 485' N. along Rosebank Rd. let Conc. Rd. Rosebank Rd. Rosebank Rd. W. Side) Easement W. Reservoir Side of Site Ro seb ank Rd. The Owner's share of the cost will be $57,600.00, based on an estimated cost of $5.76 per foot frontage of the lands abutting directly on the watermains, and the remainder of the cost of the work, $570,400.00 will be borne by the Corporation and charged against all lands in Defined Water Area No. l, as set out in By-law Number ~90, as amended. 2. That the sum of $570,400.00 to be borne by the Corporation, together with the Owner's share of $57,600.00 be paid by the issuance of debentures, bearing interest at -2- the rate of ~ % per annum, repayable in 20 annual i nst al merit s. 3. That the sum of $570,400.00 is to he a charge against all lands in Defined Water Area No. l, as set out in By-law No. 290 as amended. 4. The Treasurer of the Township may, subject to the approval of Council, agree with any bank or person for te~orary advances of money to meet the cost of the work pending the completion thereof. 5. The Engineer of the Corporation is hereby authorized to make such plans, profiles and spe~fications and f~rnish such information as may be necessary for the making of contracts, for the doir~ of the work or for carrying out the same by day labour and the work shall be carried on and executed under the superintendence and according to the directions and orders of the said Engineer. 6. Any person whose lot is specially assessed may com~te by a payment in cash the special rate i$osed by paying the costs of construction assessed upon such lot without the interest forthwith after the Special Assessment Roll has been certified by the Clerk but may not core,rite after the Debenture By-law has been passed. READ a FIRST and SECOND time in open Council this /~day READ a THIRD time and passed in open Council this /~ day of ~ A.D. 196~.