HomeMy WebLinkAbout70-2THE CORPORATION OF THE
TOWN OF BOWMANVILLE
By -Law No. -40-
A by -law authorizing the obtaining of temporary
advances to meet the cost of certain works under-
taken pending the completion thereof.
WHEREAS, with the approval in writing of the Ontario Municipal Board,
the Municipal Council of the Corporation of the Town of Bowmanville has passed
Construction By -Law No. 69 -6 authorizing the construction of the works
described in it as a water filtration plant, the estimated cost of which.
works is $450,000.00, copies of which by -law and approval are annexed hereto.
AND WHEREAS it is desirable to agree with a bank for temporary
advances to meet the cost of the said works pending the completion thereof.
BE IT THEREFORE ENACTED by the said Council as follows:
1. The Head and Treasurer of the Corporation are hereby authorized
to obtain from the Bank of Montreal temporary advances at a rate or rates not
exceeding 82 per cent per annum represented by a promissory note or promissory
notes or otherwise not exceeding Four Hundred And Fifty Thousand dollars to
meet the cost of the said works pending the completion thereof.
2. A promissory note or notes or other vouchers, sealed with the
Corporate Seal and signed on behalf of the Corporation by the Head and
Treasurer thereof, for the advances from time to time obtained under the
authority hereof and interest thereon, may be given to the said Bank providing
for the repayment of or representing the said advances with interest thereon
as aforesaid.
3. The Treasurer of the Corporation is hereby authorized and directed
to apply first in payment of such advances with interest thereon as aforesdd all
moneys borrowed on the credit of the Corporation to repay such advances and to
defray the cost of the said works and all moneys from other sources properly
applicable to the cost of the said works.:,
Passed by the said Council this 'f day of y , 19 7 .
I certify that the foregoing is a true copy of a By -Law passed by
the Council of the Municipal Corporation of the Town of Bowmanville on the
day of ,. , 1976, and that the paper- writing hereto annexed is
a true copy of Construction By -Law No. 69 -6, passed by the said Council on
the Seventh day of April, 1969.
r Y �
-- Clerk
The Corporation Of The
Town Of Bowmanville
By-Law No. 69-6
Being a by-law to authorize the construction
of a water filtration plant.
wHEREAS the Council of the Corporation of the Town of Bo-mmanville
deems it desirable to construct a water filtration plant to serve the Town;
AND WEREAS the work includes modifications to existing pumping
station, a filter plant with a capacity of 2.0 million gallons per day,
800,000 gallon reservoir and a new high lift pumping station;
NOW THEREFORE the Council of the Corporation of the Town. of
13owmanville, pursuant to the provisions of Section 379, subsection 1,
paragraph 52 of The Municipal Act R.S.O., 1960, Chapter 249, hereby
ENACTS AS FOLLOWS:
1. That a water filtration plant be constructed on Smart Avenue
at a total estimated cost of $450,000.
2. That the Mayor and Clerk be and are hereby authorized to
do all acts and sign all documents and affix the corporate seal of the
Town hereto as may be necessary in connection with making cop-tracts and
other matters for the completion of the said undertaking.
3. This by-law shall not take effect until it receives the
approval of the Ontario Municipal Board pursuant to sections 63 and 64
of The Ontario Municipal Board Act, R.S.O. 1960, Chapter 274 and mr-endments
thereto.
READ a first and second time this day of April, 1969.
.d finally passed this 7 day of 1969.
READ a third time an 99J 1
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Form 38 -B Please Quote File Number
Telephone Number G 8087 -69
365 -1912 �° • L,> k
0NTARIO
THE ONTARIO MUNICIPAL BOARD
145 Queen Street Widest September 29, 1969
Toronto 1, Ontario
Mr. Robert L. Byron, A•K.C.T-
Town Clerk - Controller
40 Temperance Street
Bowmanville, Ontario
Dear Sir:
Re: TKater filtration plant on Smart Avenue
,u —r • a• a— — a • • — • a.
order.purauant to Section 64 of The Ontario Municipal
Bard Act, together with invoice- covering the Board's
fee therefor.
: ?il.S
Encls. 2
Yours truly
R. S 4f� �
SECRETARY
ECEIVED
TOW" OF d
r
G 8087-69
ONTARIO
ONTARIO MUNICIPAL BOARD
I' THL 1f TTLR OF Section 64 of
The Ontario IMun icy pal Board It'let,
17R.-S tip . 19; C ; c. 274)
Section 379(1)'52 of The Miunicipal
Acts (R.S.O. 1960, c_.2_k9_
J. A. KENNSDYs
Chairman
Fridays the 26th day of
- and
September, 1969
A. VAN ZVLIRYt .G.
iVlember
UPON THE APPLIC:'%TION of The Corporation of the Town
TFL 30ARD Lax DIE under and in pursuance of the
by-laws, including by-laws providing for the issue of debentures
in a principal amount not exceeding $450;000.00 repayable
over a t�Drm of not more than Voienty years, and may borrow
money to the extent sufficient to provide an amount not
exceeding $450,000-00 therefor, provided:
that any by-law authorizing the said undertakin g is
Z::�
passed by a three-i"ourths vote of all members of
the Council of the said, corporation, and
that the said Corporation may borrow the Tahole or
any part of the said sum of $450tOOO-00 as required
pending receipt of subsidies and the sale of de-
bentures, or tfte receipt- of moneys from any other
source, and
that the Corporatioln in exercising any of its powers
approved by this order shall comply with all statutory
and other legal requirements related thereto.
ENTE,
Foiia N
J
OM'rio A4",ic'i�j Board
SCHEDUL,W, "A"
to the order of the Ontario TvIunicipal Board made o
the 26th day of S,epte-mber. 1969
Cons-1-ruc,411-ion. of a -,,-�'A17,L�R FT -'1T- J.
.4.4 RA'-IOIN PLC
I�,.'T
on Smart �Ivenue consis—L,-ing of:
Plodifications to existing pumping
station
2® Filter plant with a capacity of
2 miliion gallons per day
3. 800,000 gallon reservoir
4. New high lift pumping station
Total Lstimated 'Cost ................. . c,4502000.00