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HomeMy WebLinkAbout71-34THE CORPORATION OF THE T O1,0 OF - B011TiWIVILLE By -Law No. 71 -34 To authorize the construction of road construction on certain streets in the Totim of Bow-manville THE MUNICIPAL COUNCIL OF THE CORPORATION OF THE TO101 OF BO1dIWgVILLE, HEREBY ERACTS AS FOLLO-RS : 1. THAT a road reconstruction be carried out as referred to in Schedule "A" attached to this by -law. 2. THAT the Engineer of the Corporation do forthwith make sugh plans, profiles and specifications and furnish such information as may be necessary for the making of a contract for the execution or the work. 3. THAT the work shall be carried on and executed under the superintendence and according to the directions and orders of such Engineer. 4. THAT the IIayor and Clerk are authorized to cause a contract for the construction of the work to be *.Wade and entered into with some person or persons, firm or corporation, subject to the approval of this Council to be declared by resolution. 5. THAT the Treasurer may (subject to the approval of the Council) arrange for temporary advances of money to meet the cost of the worn pending the completion of it. 6. THAT the debentures to be issued fo-r the loan to be effected to pay for the cost of the cork after deducting subsidy from Department of Highe-ays when completed shall bear interest at a rate to be determined and payable within 10 years. 7. THAT an application be made to the Ontario Municipal Board for approval of the said undertaking and the expenditures provided for herein, and that an application be made to the Ontario Municipal Boars to dispense with the assent of the electors in connection with the said work. READ a first and second time this 4- th�day of October, 1971. ° Signed IVAN M. HOBBS, TIAYOR READ a third time and passed ian Council Signed - THE CORPORATIOI3 OF THE TOWN OF BOL ANVILLE SCHEDULE "All TO BY -LAVT NO. 71-34 ROAD CONSTRUCTION Duke Street from Park Street to Base Line„ Reconstruction of roadway to width of 32 feet with asphalt pavement. Construction of curbs and g7atters. Construction of storm sewers from Park Street to Pine Street and westerly on Pine Street to Creek. Replacement of sidewalk on west side of Duke Street $ 105,000.00 Silver Street from king Street West to Wellington Street. Reconstruction of Roadway to width of 40 feet with asphalt pavement. Construction of storm sewer between Church Street and Wellington Street, Replacement of sidewalks on both sides of Silver Street 95,000°00 $ 200,000.00 IN THE MATTER OF Sections 63 and 64 *f The Ontario Municipal Board Act, 0. approving IN THE MATTER OF an application by The Corporation of the Town of Bowmanville for an order: « of certain works at an estimated cost of 1 0 t (b) approving the issue by applicant of debentures in the sum of therefor, E 0 attached #f Bowmanville for an order approving the construction of the works described in Schedule "A" at an estimated east of $200,000.00 and the issue of deben- tures in the sum of $100,000.00 therefor, and declaring and directing that the assent of the electors of the Town of Bo manville or those o' +r by-laws not be requisite to be obtained to the passing of by-laws for ONTARIO MUNICIPAL BOARD required by any applicable required by the Board have been given and that no objjetion fr by the Board has been received as appears from evidence duly filed, and upon reading the Material filed.- THE BOARD ORDERS, under and in pursuance of the m that the amount to be debentured shall not exceed 4 - 3 - that no commitment shall be made nor work I undertaken., unless and until the said corpora- tion has ascertained that the work is of a nature that is eligible for subsidy toward th,; Department of Transportation and Communications, arQ- that the corporation in exercising any of its powers approved by this order shall comply with all statutory and other legal requirements, of the electors of the Town of Bowmanville or those qualified to vote on money by-laws shall not be requisite to be obtained to the exercise by the corporation of the powers I S E C RIE T TRY I,ECCETARY, ONTARI h ,,(;N'ICIPAL 50110 SCHEDULE "A" to the order of the Gn-f,ario M-unicipal Board .; s d ROAP qo=ug consisting of Construction curbs including `fatal Estimated Cost . 0.. ®. o R d a. m ....... ® 200,000.00 To Debentures $100,1000,00