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HomeMy WebLinkAbout1158A by-law to amend and vary the agreement with Ontario Shore Gas Company, Limited, attached and forming part of By-law No. 973. ~,._ ~, SCHEDULE "A° This is agreement referred to in by-law passed by the Corporation of the Township of Darlington varying the agreement dated 7th dad of October, 1931, between the Corporation of the Township of Darlington and Ben E. Tate, now held by Ontario Shore Gas Company, Limited, and varying an agreement dated the 5th day of July, 19l}.7 between the Corporation of the Township of Darlington and Ontario Shore Gas Company, Limited. „ ~... '1 r - - ler ., THIS AGREEMENT made (in duplicate) this day of April, A.D., 1950. BET~N: of the FIRST PART, ~tAND~ OIPTAR20 SHORE GAS COMPANY LIMITED, here na ter ca le t e COMPANY, of the SECOND PART, WHEREAS the Company is the holder of the rights granted to one Ben E. Tate, by an agreement dated the 7th day of October, 1931; AND WHEREAS it is provided under Section Eight (8} oP the said Agreement, as varied by an Agreement dated the Pifth day of July, 19)}7 between the Township and the Company, that: ^The Grantee covenants and agrees with the Township that the rates or charges for gas to be supplied to the Township and its inhabitants shall not ea- eeed the following; Service charge 1}0¢ net per month Consumpt ion Charge 22~ per l00 cu. ft. per month for the first 200 ft, thereafter X1.80 per 1000 cu. Ft. per month Minimum Gross charge 65¢~ per month Discount if paid withinl0¢ per 1000 cu. ft. 10 days from date of of consumption charge. PROVIDED THAT: bill (a) When the consumption shall equal 250,000 i j L s+ ~~~ ` RL ~. cubic feet er day, said consumption charge shall not exceed 1.50 per 1000 cu. ft. per month, with discount of 10~ per 1000 cubic feet of consumption charge on accounts paid within 10 days from date of bill. (b) When the consumption shall equal 3,000,000 eu. ft. per day, said consumption charge shall not exceed X1.05 per 1000 cu. ft. per month, with dia- count of 10~ per 1000 cubic feet of consumption of charge on accounts paid within-10 days from date of bill." ANB WHEREAS the Company has requested that the said privision b® further altered and the Township has assented thereto. NOYP THEREFORE TFIIS INDENTURE WITNESSTH that the said clause eight of the said .agreement dated the as so amended 7th day of October, 1931,/shall take ®ffect and apply. "Provided, howeveP, the rates ~t ont in Paragraph (1}) of the agreement bearing date the ~{th day of duly, 19L{.7,,being the rates hereinbefore referred to, shall be subject to an increase in proportion to the B.T.U.. rating oP the gas hereafter sold and distributed as compared to gas having a standard rating of )1.50 B.T.U. per cubic foot. For greajrer certainty it is specifically agreed that there shall be ao increase in the maximum s ervice charge and that the amount of discount shall be adjusted in proportion to the B.T.U. value of the gas hereafter sold and distributed as compared to gas having e standard rating of ~50 B.T.U. per cubic foot, it being intended by the parties hereto that the maximum rates to b® charged to consumers for gas if computed on the basis oP B.T.U.TS supplied shall not be increased above the rates provided for in the said agreement dated the 5th day of duly, 1947." AND IT IS FURTHER AGREED that the said Agree- ment dated the 7th day of October 1931, sa varied by the Agree- ment dated the 5th day of duly, 191}7, save and except as hereby expressly varied be and the same is hereby confirmed. IN WITNESS WHEREOF THE parties hereto have t ._ ±ae .~ -3- hereunto affixed their corporate seals and caused the same to b® signed by their. proper officers. THE CORPORATION OF THE TOWNSHIP OF DARLINGTON Reeve er ONTARIO~SHO,RE GAS COMPANY LIMITFSD __-~!' G- Pres ent ~ ~ ,~w/f.~.Y,t-~w CiV- WViL fl~fs~..2:.! ~:,. 3eereta '.~~~~ I