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HomeMy WebLinkAboutBy-law 3405 T~ CORPORATION OF THR TOWNSHIP OF PICK~RING ~i~ a By-law to authorize the construction o~ wate~- mai~ and s~itazy $~ezs on the stleels se~ out herein as 1~al imp=ove~nts un~= the plovisio~ of Section 8 of The ~cal Im~ovement Act. ~'H~RBA$ by proposed By-law 3405, which was given First and Second readings on the 20th day or November, 1907, certain works were proposed as local improvements and notice of the intention o~ Council to undertake such works was published; A~) %lTl~RILa. S the Hydro ~lectric Power Commission of Ontario requested that part of the said works be not under- taken; AI~ WH~R~U~ The Ontario Municipal Board on Januaxy 31st, 1958, 9ranted its approvel to the revised undertakinO and the expenditures and borrowing proposed; Am WH~AS tt is expedient that the construction of the works herein, being the revised list of works granted approval by The Ontario Municipal Board, be undertaken as loca 1 impr oveme nt s. ~ THERBFOR~ THB COUNCIL O~ Tf~ CORPORATION OF TH~ TOP/N~HIP OF PICKI~RING B;I~.CTS AS lrt)~: i. That watermains be constructed on both sides of Brock Road between the north street line o~ Montgomery Park Road and a point 750 feet north of t~e north street line of Montgomery Park Road, and on the west side or Brock Road between a point 750 feet north of the north street line of Montgomery Park Road and a point 945 feet south of the south Street line of Base Line Road at an est/mated co~t of $87,000.00 as local improvements under the provisions of The Local Improvement Act. 2. The ownerts share of the said cost will be $44,863.00 based on a spec/al rate o~ $7.00 per foot frontage c~ the lands abutting directly upon the works a~d the remainder of the cost of such works will be borne by the CorporatiOn. - 2 - 3. That the sum o2 $10~000.00 o2 th~ sha~e to be borr~ by the Corporation be paid by the Coxpozation f~om th~ I~us~ial ~nd and ~vice Fund~ a~ that l~ ~nce o~ the shaz~ to ~ boxn~ by th~ Corporation, $32~137.~ ~ paid by ~ issu~ce o~ de~n~uxes bea~in9 in~e~es~ a~ ~ xa~e of 7~ 9er annum =epayable in 20 annual installments. 4. Tha~ sanitary s~ezs ~ cons%~%ed on ~he wes% side of Br~k Ro~ between a point 750 feet no~h of ~he no~h s%~ee~ line of Montgomery Pa~k Ro~ and a poin~ ~5 fee~ south of %~ south stree~ li~ of Base ~ne Ro~ on an ease~nt between B=ock R~d a~ Sandy ~ac~ Ro~ and on Sandy Beach Road between a po~n~ 3100 feet south of the south s%xee~ li~ ~ Base ~ne Road and a poin~ 4000 fee~ south of %~ south street li~ of Base ~ Ro~ a~ an es~i~%ed cos~ o~ $188~000.00 as local impzove~n%s un~x the provisions of The ~al Improve~n% Ac%. 5. The ~nez~s shoe of the sa~ cost w~11 be $49~000.00 based on a s~cial xa~e of $10.00 ~= foot frontage of %he la~s abu%~i~ diiec~l~ upon ~he woIks a~ ~he zema~n~x of o~ s~h works will ~ borne by %he Corpora%ion. 6. T~% ~e sum o~ $20~000.00 of ~he shoe %o be bo~ne by ~he Co=poxa%ion ~ ~id b~ ~he CoIpo~a%ion fxom ~ne Indus%~ia~ ~nd and ~r~ice Fu~ and ~t %he ba~e of the shoe ~o be borne by %he Corpo=a~ion~ $119,000.00~ %o~e%~x %he ~eI~s shoe of %ne cos% of %he woI~ $49~0.~, be paid by %he ~ssua~ of de~ntures bea~in~ inte=~s~ a~ %he ra~e of 7~ ~ ann~ repayable in 20 a~al instalments. 7. The T~easu=ex o~ %he T~nsh~p ~y, subj,% ~o ~he approval of Council~ a~=ee w~%h a~ ~ank ox ~xson fox %empozaxy advances o~ money ~o ~et %~e cos% of the ~xks ~ndin~ %he completion %hezeof. The ~ngi~e~ of ~ne Co~po~a~ion is hereby au~h~i~d %o m~ such plans~ profiles and s~cificatio~ and furnish all s~h ~or~on as may be ~cessary for %he ~king of cont=acts fox ~ne do~n~ o~' %ne woIks o~ fox caxxy~n~ out ~he sa~ by day labour a~ the works shall be carried on ~d executed u~e~ supe~inte~anc~ a~ accord~g to %~ direc~io~ a~ o=de~s of the said Bngi~ez. 9. Any persons whose 1~ is spec~ 11y assessed ~y co~u~e by a ~ymen~ in cash the s~cial ~a~e imposed by - 3 paying the costs o£ constzuction assessed upon such lot with- out the intezest £ozthwlth a£te: the Speclal Assessaent Roll has been ceztified by the Clerk but may not commute aftez the debentuze by-law has been passed. RBAD a First, Second and Thixd time and passed in open Council this 5th day o£ Febzuazy~ A.D. 1968.