HomeMy WebLinkAbout1180 A by-law to authorize construction a pavement on Centre St. from Lowe St. to Carlisle Ave and upon George St. from Carlisles Ave to King St. as a local improvement under the provisions of the Local Improvement Act. F ,
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OP Bn TVILA
. TO
BY LAW No .
, A, BY001aw to su
thOriZO the conetraotion of a
pavement on Centre Street from Lowe Street
to Carlisle Avenue and upon George Street
from Carlisle Aveme ,
to King Street as a
local improvement under the provisions o
eve merit L t •
The Zonal Im p r
I
�,. _._.
an
Ar
l
t to construct as
e Coun�ai a looal
' ' others have petitioned h
. ,
improvement ove me nt the work hereinafter inaf ter decor
ib e d and the Clerk
.
has certified that the p
et it ion i s oaf fi cient and it is
the er of the petition in the msnner
pray
expedient to grant p y
~y ' here•inaf ter provided ;
Couna it has roaured -a report
AND MHEAS the p
e aired
by
Section 34 'of The
in regard. to said work as r q
:
Local Improvement Act•
00=it o.f ' the a Oorporat ion,
NOW �i I ligFo � the Munio ips
o f Bow nville ENACTS as follows :
l., That the repo p
rocure& b the Council in conneotion
with the work hereinafter went loned • be and the same is hereby .
d and ado ted. r
approve p
20 That a p avement sha 11 be oonstruated on Centre Street
from
- Lowe Street , to Carl i s
le gvenue aid (upon Geo rge Street
Ave
to. Kin Street as a local improvement
from Carlisle , g
under the provisions of The Local Imrprovement Aat•
f the e o r o ra t ion do forthwith
3. That the engineer o p
and i.ficationa and furnish
make such plans ,
profiles s eQ p
such information as may
be necessary for the making of a ,
eo ntraot for the , exe cut ion of the work .
shall be carried on and executed under
40 The, work .
and ac �o rdi to the directions and orders
the superintendence �
Of f such engineer *
f,. ,
50 The Mayor and
Clerk are authorized to? aause a oontraat
t ion o f tie wo rk to be . made and entered into
for t be o ore truo I
1'r 2a yc rX'k F F F
'sl3 r t 'ate `
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V L= 3
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i
t with some person or persons, firm or porporation subs eot to
i the approval of this Council to be declared by resolution.
:
,
6.
' The Treasurer may, su bject to the approval of the
oouncil� agree with any ' bank or person for temporary advances
i
i
of money to meet the cost o f the work pending the completion
,
of it.
1 a eQfaZ as�esoment for the said work shall
7 * p
be aid in twenty annual instalments
8. The debentures to be issued for the loan to be
effected to- pay for the cost of said work mhen completed ,
shall bear interest at such rate as the Council may 1
"
determine and be made payable wit jAn twenty years on the
6. instalment p lan.
90 ' Any person whose lot is sp"ially - assessed, may
aomnaute for a paytnent� in . cash the special rates imposed
thereon by paying the port ion , o f the cost of construotion
t t th interest forthwith a
assessed upon
said to t wi hou e
after the special assessment roll has been 'certified by
the Olerk and at any time t hereaf ter by the payment of such
sum as , When invested at Four -per cent . per annum will. provide
r r _
an annuity euffiaieAt to., ,pay the special rates for the
unexp i red p o rt ionl 'of the t e rm a s they fall daeo
t PM this � — dsy o f 928 .0
r 1,.
4 yo r
Now
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