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HomeMy WebLinkAbout83-151 .,,,,,~ , ,~ .I' THE CORPORATION OF THE TOWN OF NEWCASTLE BY-LAW 83-151 being a by-law to authorize the execution of an Amending Agreement with Ontario Hydro, amending Supplementary Agreement #7, with respect to Courtice Urban Area Storm Water Management, Darlington Generating Station ItB" account. The Council of the Corporation of the Town of Newcastle HEREBY ENACTS AS FOLLOWS: That the Mayor and Clerk are hereby authorized to executed on behalf of the Corporation of the Town of Newcastle and seal with the Corporation Seal, an Agreement between Ontario Hydro and the said Corporation, amending Supplementary Agreement #7 with respect to Courtice Urban Area Storm Water Management, Darlington Generating Station "Bit account. By-Law read a first time this 14th day of November 1983 By-law read a second time this 14th day of November 1983 By-Law read a third time and finally passed this 14th day of November 1983 /-~~.~ ayor ~~,~ erk File No,."",. , .:f....'8..3.... ~.. "I'.'':' .. ~- ...-~ r DARLINGTON GENERATING STATION AMENDMENT TO SUPPLEMENTARY AGREEMENT No. 7 COURTICE URBAN AREA STO~l WATER MANAGEMENT SYSTEM '14t THIS AMENDING AGREEMENT ~1ADEIN TRIPLICATE THIS:) DAY ~cv-- ~ 198ft. OF BETWEEN: ONTARIO HYDRO, Hereinafter referred to as the "CORPORATION" OF THE FIRST PART - and - THE REGIONAL MUNICIPALITY OF DURHAM, Hereinafter referred to as the "REGION" OF THE SECOND PART - and - THE CORPORATION OF THE TOWN OF NEWCASTLE, Hereinafter referred to as the "TOWN" OF THE THIRD PART [BY-laW NoJ,3:L$,-_1 ' .. ':'$' . ",. -2- WHEREAS the Corporation, the Region, and the Town have entered into an Agreement (hereinafter referred to as "Supplementary Agreement No.7") with respect to Courtice Urban Area Storm Water Management System. AND WHEREAS the parties hereto agree to amend the aforesaid Supplementary Agreement No.7; NOW THEREFORE, in consideration of the mutual agreements, covenants, and provisions contained herein, the parties hereto agree as follows: 1. Supplementary Agreement No.7, between the Corporation, the Region, and the Town, is hereby amended by increasing the sum men- tioned in paragraph 1 from $150,000 to $180,000. 2. Supplementary Agreement No.7, between the Corporation, the Region, and the Town, is hereby further amended by adding thereto a new paragraph 6 as follows: .. -~ -, ft:.,. . ~ ( ., t . . . -3- Paragraph 6: That in addition to the monies provided for under paragraph 1 of this Supplementary Agreement, the Corporation agrees to pay to the Town from the Station "B" Account a special allowance in the sum of $60,000 hereinafter referred to as "special allowance", to assist in the funding of storm sewer facilities in the Courtice Urban Area in advance of an evaluation of impact arising out of the Darlington Generating Station. The Town shall repay this sum of $60,000 to Station Account "B" by paying four annual install- ments of $15,000 each, commencing on April 1, 1986 and ending on April 1, 1990. IN WITNESS WHEREOF the parties have hereto affixed their corporate seals by the hands of their proper signing officers, duly authorized in that be~alf. SIGNED, SEALED AND DELIVERED ) ) ) ) ) isSI~ ) ) ) } In the presence of: ONTARIO HYDRO ~~T LAW DIV. "'!.~.~!.,19..~,r. :~2~Z~ . '. .. . A' - . . i~\: ill .,"'. ~ , ~: ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) -4- THE REGIONAL MUNICIPALITY OF DURHAM It~ Vk'~ Ch~irm -e.-zU.~ Clerk . THE CORPORATION OF THE TOWN OF NENCASTLE M~~ " Mayor ~ Clerk , L . " .', DATED 1983. BETWEEN: ONTARIO HYDRO - and - THE REGIONAL MUNICIPALITY OF DURHAM - and - THE CORPORATION OF THE TOWN OF NEWCASTLE DARLINGTON GENERATION STATION SUPPLEMENTARY AGREE~1ENT No. 7 AMENDING AGREEMENT ,. . . " 4"" ," .... ,.