Loading...
HomeMy WebLinkAbout87-7 ~ THE CORPORATION OF THE TOWN OF NEWCASTLE BY-LAW 87- 7 being a by-law to authorize the execution of Supplementary Agreement #20, with Ontario Hydro (Advancement of Improvements to Arena Facilities in the Town of Newcastle) THE'ECOUNCIL OF THE CORPORATION OF THE TOWN OF NEWCASTLE HEREBY ENACTS AS FOLLOWS: THAT the Mayor and Clerk are hereby authorized to execute, on behalf of the Corporation of the Town of Newcastle, and Seal with the Corporation Seal, Supplementary Agreement #20, between Ontario Hydro and the said Corporation, in respect of Advancement of Improvements to Arena Facilities in the Town of Newcastle, a copy of which is attached as Schedule I/XI/. By-law read a first and second time this 12th day of January 1987 By-law read a third time and finally passed this 12th day of January 1987 ~~~ I~i;" ~;~'j~~:LZ2:~J~ ~_~_..._--- ,c. ... <1-- -., DARLINGTON GENERATING STATION SUPPLEMENTARY AGREEMENT NO. 20 ADVANCEMENT OF IMPROVEMENTS TO ARENA FACILITIES IN THE TOWN OF NEWCASTLE THIS AGREEMENT made in triplicate this 9th day of November , 19 87. BET WEE N: ONTARIO HYDRO Hereinafter referred to as the "CORPORATION" OF THE FIRST PART - and - THE CORPORATION OF THE TOWN OF NEWCASTLE Hereinafter referred to as the "TOWN" OF THE SECOND PART - and - THE REGIONAL MUNICIPALITY OF DURHAM Hereinafter referred to as the "REGION" OF THE THIRD PART WHEREAS the Corporation and the Town have entered into an Agreement (hereinafter referred to as the Newcastle Agreement), with respect to the social, economic and financial impacts arising out of the construction and operation of the Darlington Generating Station (hereinafter referred to as the Station) on the Town dated March 22, 1977; AND WHEREAS the Corporation, the Region and the Town have entered into an Agreement (hereinafter referred to as the Regional Agreement) with respect to the social, economic and financial . j" .. - 2 - impacts arising out of the construction and operation of the Station on the Region and the Town, dated August 8, 1977; AND WHEREAS the Newcastle Agreement and the Regional Agreement provide for the entering into Qf supplementary agreements between the Corporation, the Town and the Region; AND WHEREAS the corporation, the Town and the Region have entered into a Supplementary Agreement entitled Community Impact Monitoring Program which involves collecting and updating data on certain impact items which may be affected by the construction and operation of the Station; AND WHEREAS the Newcastle Agreement provides that the Corporation agrees to compensate the Town for those financial impacts undergone by the Town as a result of the construction of the Station \'lhich include the cost of advancing community facilities and providing community services; AND WHEREAS the Corporation, the Town and the Region agree that due to incre~d population i.nflow related to Darlington Generating Station, the Town has experienced and a.nticil?ates experiencing future additional service demands on its existing arena recreational facilities, necessitating a new expanded arena facility in the Town; NOW THEREFORE, WITNESSETH that in consideration of the covenants hereinafter contained and for other gOOd va.luable consideration, the Corporation, the Town and the Re.gion hereby. agree as follows: . ~ ,. ~ 3 .,. l, Tbe CQrJ;'ora,ti'On. agl;'ees ta pay ta the Tawn fram Statian Accal,1nt 'B 1;. a. sum nat ta exceed $180.,OaO as claim far payment i.s full .of the financtal impact incurred by the Tawn in a,dvancing canstructian .of its new expanded arena J:aci:li:t;t..es. :i:n the Bawma,nville area due ta increased pressures related ta papulation inflaw in the Tawn attributable ~ to the station.. 2, :E'ayment wi'll be made ta the Tawn by the carparatian after the aWard .of a cantract ta a third party' far the canstructian .of said arena and upan presentatian by the Town ta the Carparation at a capy .of the canstructian cantract and an invaice far $180.,0.0.0...00.. IN WITNESS WliER.EOF the Carporation, the Tawn and the Regian have caused this Agreement ta be executed by the affixing .of the C.orp.orate seals attested by tbe signatures .of their praper afti.cers duly' authari.zed in that behalf. ..... ,:Page 4 .." ). ONTA.RIO HYDRO ~S2'"'''' ............Uc-;~.l.... ........ ..~..4t:~.. SOLICITOR ....;:;."...~ij~.9 .4'71' L..C'~:al'6.- ' :.--------.- ----- f I..............N~L...$...... i 9.'1...... ........~...~............. ..............~.~..~:.....19..t...7...~ .~...~=:::::...I - 4 - } } } } } } } } } } ) } ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) } ) ) ) ) } ) . } ) ) ) } ) ) ONTARIO HYDRO ~~~ i:iuiKXK~.:..riJsrstant-secretary THE CORPORATION OF THE TOWN OF NEWCASTLE THE REGIONAL MUNICIPALITY OF DURHAM ~- d?-- -~- -zJ ?:f-0-- Clerk ., I . .' ., DATED: November 9th, 1987 " BETWEEN: 1 1 'I I ONTARIO HYDRO and THE CORPORATION OF THE TOWN OF NEWCASTLE and THE REGIONAL MUNICIPALITY OF DURHAM DARLINGTON GENERATING STATION SUPPLEMENTARY AGREEMENT NO. 20 ADVANCEMENT OF IMPROVEMENTS TO ARENA FACILTTIES IN THE TOWN OF NEWCASTLE'