Loading...
HomeMy WebLinkAbout1747Being a by -law to authorise the construction of s wternain described in Engineers Report 9.095956A at an estimated cost of 115 770.00 , under the a►uth- ; or nation of Section 3118 X 11 605 of the Municipal Act. ERU3 it is necessary ,and desirablf thatt ' the vat ernain described In En�inesrs eport 900* 5956A be constructed on Parkway Crescent from L16erty street to 4W feet on ' pa rkway Crescent and on parkway Crescent a diatane* of 1415 , fe et easterly, and the necessary private house con- uecrions, in oreder to extend the existing mternains of the Town of r Sow�asville : P ' AND WBE TEAS the City 1neer by his report giber ' E.0. 5936A ' has reported on the said work and has eatinated the -cost of the work to be' 415,770.00': AVC WHEREAS the Town, Council by a resolu►tion passed by a voted of at least three- fourths of all newborn of Council etc Sept or 8th, 1959 did declare the construction of the said waterwafn to be desirable In the public interest and that it was necessary tosuch construction to borrow the sun of, $15, ?70.00, lose 41210810.00 which the subdivider has I agreed to pays which leaves a balance to be borro*ed at $2,960.00 =0 wH EABA S the Ontario mater Resources Commission has approved of the plants and specifications for the said work as appears from its Corti ficate Ymber j AND WHERFAS the Ontario Municipal Board has approved of the undertaidug of the said worst and the passing of all necessary bylaws including by-laws for debentures of its , 0 rder Nurber .E .�3�s�datei 6 : NOWs THEREFORE. BE IT ENACTED AMU IT 13 HEIEAY IMACTED as a .by -earn of tho Corporation of the Town of Eow=nvI1l• by the Couneil tbereof as { f41IONS: i. The CovWratien of the ' Town of ftwnanvillr shall construct watoroaitts Fit TO PdwY CECEMT Llbehty Htr etrC1• eastt Parkwt Crescent to Road A 1,20 ' +I be PARKWAY CRESC1'! Read *A* 14159 east on Parkway are scout R 3. The Mayor and the Cls­rk of tho-torporation are hereby authorlsed''to. ton of the said watorsain to be made cau use a cow.ract for the eanstruct, and onstered into with son* person or persons, form or corporation, su bj*ct to the approval of this Council to be declared by'resolution: The Corporation my borrow from the Bank of Montreal upon the credit of the Corporation at large, by.way of temporary advances to meet the otpenidit1was authorised by this by-law, such sun or mme as may be required for that purpose but not exceeding in all the total sun of eby authorized to al $2100*tfowO09 and the Kayor and the Treasurer are her 10"0 and deliver, to the said bank a pronissory mote or notes for the re s� of the monies so borrowed g at such time or times and at such rate of Inter*st as may be agreed upon with the said bank, and to alfft'tOl such l "I seal of the Corporation promissory note or no.- es the *- advances authorized by, this by-law the In respect of the temporary bereby'authoris*d to hypothecate to the Bank 0 an The Treasurer a" Vayi r of Montreal an collateralreecurity for any sun or sums borrowed from the said bank,, and interest thereon any deb entitres which say be Issued to IN undertaken under this by -law, and the proceeds, defray the cost of the work us of the sale of the said debentures or as mch ther f as may be necessary shall be Id to the said bank r In SatilSfOatlon'O of is =a or SUM go pa. borrowed and Interest thereon. day of • ,wlaw read a first tim this day By — ___ day: , 5 rjymlaw read a socON4 tine thle of 1907 waftd& A dh *_U4 wmt &A mm day of JSnA ftnalftV "& Rik" this xT VOLUM f. rt., ToLum • • 0 �' �'Y .'�. k��'.%- =�*� `1� :3e .,a ;€. ^.':..a =�,�. .:: . - .. �_- �� ,x � - •.- a� „�'�7 `„%"^ 4T m:t � -c,.f .�.• ��;; ,. .-s. '�:x ..�` ," v � °w �� > .,'�,.�,��..�is_r :a �.,.7:i•3 �4 �.. � .,wnwwi.' .:..•ai[`cti's' s'Sa- zan,a..a�,prw«.,..w,. Yr: 'kPr�L'•Yei�l 4 r ' i . rl i , , n i r ell f . 1 � r • • . r r r r , ' e r ` r. r �r r' v ,.1 , r r !A' , r ., ' 1:, n i •rid `) r r r . i r • 1 : r r r I , �p ' s • r r : l r ` I • it . 1 1 � ' 1 ,•�••• • -1` ,.vyyrMMq/M HNr-• i[ �n +Y+Y1M?� ♦I n ♦y •! " h�1 + r J, r, „' :�y y� l' � �( 1 4.k. �: ♦f 1. j,•�[��t�f��y�{�y .y v.-- M' I/ I.�M1rT7/�F7.IFM/1t151'•1l'IMl7' �. A df M { yl�Y v 1+ 4' IYA14'IM1. \,r�,�y� i FY'eNUi, i'i.(� tM^�(l 1s � -��a1 Fs•"pryerw� wlMdl�MC'eef vXYi VMtMI b r..n+?,, i - 1 ,, . ,.:. ,�,, a .. +'� ; .t. a- fi ,. r,: a r ,�. .., .. -wx', x ,H: -- ,. r . :..:..r ..., t, 4 '.ti vt ,p � ^S.(- �.. H^' k n ua- a�.wrcmn=mc>zm •� +- - _a.a- `ue.ax..xi v � • # ss�sreeba —__ _ _ —_ .... _.: ....,._..e. _. ,.._w.,� .m � �_.._�_,�_.®..w�_.� <_�.._. - .e...e � '�ue_.✓b�,su....z�..z... n._� ,.�...s_.s..ayler+ ., __ =i-��, _ .— aas� -• »b