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HomeMy WebLinkAbout88-5 THE CORPORATION OF THE TOWN OF NEWCASTLE BY -LAW 88- 5 being a by-law to authorize the execution of Supplementary Agreement 123 with Ontario Hydro (Advancement of Improvements to Recreational and Community Use Facilities at Courtice West Public School in the Town of Newcastle) THE COUNCIL 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 #23, Advancement of Improvements to Recreational and Community Use Facilities at Courtice West Public School in the Town of Newcastle, a copy of which is attached as Schedule "X.II By-law read a first and second time this 11th day of January 1988 By-law read a third time and finally passed this 11th day of January 1988 ayor ;r) / <;uJ, UUb'<$ C 1 e rk , . . ",." .. ",. .. . . pARLINGTON GRNKRATING ST~TION SUPPLKMKNTARY AGRKKMKNT NO. 23 ADVANCKMiNT OF IMPROVRMRNTS TO RECRRATIONAL AND COMMUNITY QSE rACILITIKS AT COURTICR WHST PUBLIC SCHOOL IN THE TOWN OF NKWCASTLK THIS AGREBMINT made in triplicate this ~st day of June , 19 88 B B T W I I N: ( ONTARIO HYDRO Hereinafter referred to as the "CORPORATION" OF THI FIRST PART - and - THB CORPORATION or THB TOWN or HEWCASTLR Hereinafter referred to as the "TOWN" OF THI SBCOND PART - and - ( \ THE RRGIONAL MUNICIPALITY OF DURHAM Hereinafter referred to as the "RIG ION" OF THI THIRD PART WHIRIAS 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; J,; ,. ... . AND WHIREAS the Corporation, the Region and the Town have entered into the Agreement (hereinafter referred to as the Regional Agreement) with respect to the social, economic and finanoial impaots arising out of the construotion and operation of the Station on the Region and the Town, dated August 8, 1977; AND WHEREAS the Newoastle Aareement and the Regional Agreement provide for the entering into of supplementary agreements between the Corporation, the Town and the Region; ( , AND WHIRIAS 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 whioh may be affected by the oonstruction and operation of the Station; AND WHIREAS the Newoastle Agreement provides that the Corporation agree8 to compensate the Town for those finanoial impaots undergone by the Town as a result of the oonstruotion of the Station which inolude the cost of advancing oommunity faoilities and providing oommunity servioes; AND WHERIAS the Corporation, the Town and the Region agree that due to increased population inflow related to Darlington Generating Station, the Town has experienoed and anticipates experiencing future additional service demands in the Court1ce area for recreational and oommunity use faoilities, necessitating new expanded community use and recreational facilities in the Court ice Weet Public School; , . )... '" \ 1-. AND WHEREAS the Corporation, th~ Region and the Town agree that the Town and the Northumberland and Newcastle Board of Education have undertaken initiativ.. to advano. i.prov...nt. to oo..unity u.. and r.or.ational facilities in the Courtice area, inflow of Darlington oonstruction workers and their families; NOW THEREFORE, WITNESSETH that in consideration of the covenants hereinafter oontained and for other good and valuable consideration, the Corporation, the Town and the Region hereby agree as follows: ( 1. The Corporation agrees to pay to the Town $150,000.00 froll Station Aooount 'B~ as olaim for payment in full of the financial impaot incurred by the Town and the Northumberland and Newcastle Board of Iducation in providing recreational and community use faoilities in the Court ice West Public School area. 2. Payment will be made to the Town upon presentation to the Corporation of an invoice for '150,000.00 and supporting ( " documentation of required expenditures by the Town and the Northumberland and Newcastle Board of Eduoation. IN WITNESS WHERIOF the Corporation, the Town and the Region have caused this Agreement to be executed by the affixing of the Corporate seals attested by the signatures of their proper officers duly authorized in that behalf. , . . '.-, -" f' V ( f~~~~-:~~l!. t. ....... .~ ~ r..~~~.--\fi~-;fl l !~_. -:-.~::~ 1 ~.'.~j... ~ ". . .. .~ ) 1-~-----"----~.1 ) l:~~l - ~.) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ONTARIO HYDRO tJ:ql(~~ SlimrJl:tllrv.. ~istant . Secretary THE CORPORATION or THB TOWN OF NBWCASTL ~Lu-). c(Jh~- Clerk THE RBGIONAL MUNICIPALITY OF DURHAM ~~ Chairman./" ~.~~ Clerk ." '"-"" '\~J e\ " " DATED June 1st 19 88- BET WEE N: ONTARIO HYDRO - and - THE CORPORATION OF THE TOWN OF NEWCASTLE - and - THE REGIONAL MUNICIPALITY OR DURHAM DARLINGTON GENERATING STATION SUPPLEMENTARY AGREEMENT NO. 23