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HomeMy WebLinkAbout84-143 4 THE CORPORATION OF THE TOWN OF NEWCASTLE BY-LAW NUMBER 84- 143 Being a by-law to authorize the expenditure of $300,000 as the municipal contribution to the Bowmanville Memorial Hospital Renovation and Expansion. WHEREAS the Bowmanville Memorial Hospital has undertaken a $5,800,000 renovation and expansion of its facilities; THEREFORE THE CORPORATION OF THE TOWN OF NEWCASTLE ENACTS AS FOLLOWS: 1. That the municipal contribution to the project be $300,000 in total, being a $50,000 contribution in kind and a $250,000 contribution in cash. 2. That the $50,000 contribution in kind consist of the value of lands to be transfered for the road closing and the related administrative staff time and costs. 3. That the $250,000 contribution in cash be paid in equal installments in each of three years being 1985, 1986 and 1987 and that the funds be prov i ded fran the general taxation revenues. 4. That this by-law not take effect until approved by the OMB pursuant to Section 64(1) of the Ontario Municipal Board Act. READ a fi rst time thi 5 10th day of December , 1984. day of December , 1984. READ a second time this 10th READ a thi rd and fi nal time thi s 10th day of December , 1984. ~ /' /~7 _____~G ~ -' /L.<>~/"'/ Mayo r - Clerk~' tk- I File NO....~~fiLm.1 .. ~ '"' ;- Mi ~--,. Ontario E 850084 Ontario Municipal Board I N THE MATTER OF Sect ion 64 of The Ontario Municipal Board Act, (R.S:U: 1980, c. 347 - and - IN THE MATTER OF an application by The Corporation of the Town of Newcastle for an order approving the authorization of the contribution of $250,000.00 to the Bowmanville Memorial Hospital to aid in the expansion and renovation of the said hospital B E FOR E : C. G. CHARRON, Member - and - Thursday, the 19th day of September, 1985 S. R. COLE, Member THE BOARD ORDERS that the applicant may make such contribution in the amount of $250,000.00 and may pass all requisite by-laws, provided that such contribution shall be paid out of current revenue in the sum of $83,333.33 in each of the years 1985 to 1987 inclusive and further provided that the counci 1 of the app 1 i cant corporati on in exerci si ng any power approved by this order shall comply and conform with all statutory and other legal requirements related thereto. ACTING SECRETARY ..4c>:C~ r -~~JTE~t~?3 i 0 8, NO, ....'...."7';;;,'/'......... ;\. . oLDb 1 r-O\;(i :,..~.~............................ .i 1 ~SE P 3 0 1985 \\ i .:i\),TC: .~ 'i .,i,,~' -' . .,,\ '\ "~T"',.:."~2~='.: .:~.l'~:~"~~:;"j