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HomeMy WebLinkAbout1921AM TOWN OF BOWMANVILLE BY -LAW NO. 1920 A By -law of the Corporation of the Town of Bowmanville to authorize the construction of certain works as Local Improvements under the Local Improve- ment Act. WHEREAS petitions have been received by the Council of The Town of Bowmanville for the construction of certain works as Local Improvements as set forth in Schedule "All hereto annexed and the Clerk has certified that the petitions are sufficiently signed, and it is expedient to ,grant prayer of the petitions in the manner herewith provided; AND WHEREAS the Council has procurred reports in regard to the works as required by Section 40 of the Local Improvement Act, Chaps. 223 R.S.O. 1960. NOuti THEREFORE the Council of the Corporation of the Town of Bowmanville enacts as follows: 1. That the report procured by the Council in connection with the works set forth in Schedule "All hereto attached be, and the same %MW are hereby approved and adopted. 2. That the works set forth in Schedule "A" hereto attached shall be constructed on the streets between the points as therein mentioned as Local Improvements under the provisions of the Local Improvement Act. 3. That the Public Utilities Commission of the Town of Bowmanville do forthwith arrange for plans, profiles and specifications and furnish such information as may be necessary for the making of a contract for the execution of the work. 4. That the work shall be carried on and executed under the super- %W vision and according tot he direction and order of such Public Utilities Commission. 5. That the Mayor and Clerk be authorized to cause a contract for the construction of the work to be made and entered into with some -2- person or persons, firm, or corporation, stibject to the approval of this Council to be declared by resolution. 6. That the Treasurer may, subject, to the approval of Council, agree with any Bank or, person -for the temporary advances of money to meet the cost of the works pending the completion of it. 7. That the special assessment for each of the said works shall be paid by the number of instalments as set forth in the said Schedule "A ". 8. That the debentures to be issued for the loan to be effected to pay for the cost of each of the said works when completed, shall bear interest at such rates as the Council may determine and shall be made payable on the instalment plan within the number of years as shown in said Schedule "A ". 9. That any person whose lot is specially assessed may commute fo'a payment in cash the special rates imposed thereon by paying the portion of the cost of construction assessed upon such lot, without the interest forthwith, after the special assessment roll has been certified by the Clerk. This By -law shall not take effect until approved by the Ontario Municipal Board. READ a first and second time this 19th day of Oct. A.D. 1964. f •.� ��..��_ _I'/ Lam/ Mayor Clerk READ a third time and finally passed this 19th day of Oc£. A. D. 1964. Mayor f , '�ZF_J Clerk