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HomeMy WebLinkAboutTR-27-85 file Ho------ ------ CORPORATION OF THE TOWN OF NEWCASTLE TREASURY DEPARTMENT K. CAMPBELL, C.A.,TREASURER 40 TEMPERANCE STREET TEL.(416) 623-3379 BOWMANVILLE, ONTARIO L1 C 3A6 REPORT TO THE GENERAL PURPOSE AND ADMINISTRATION COMMITTEE MEETING OF MAY 6, 1985 REPORT NO.: TR-27-85 SUBJECT: BOWMANVILLE B.I .A. BY-LAW AMENDMENT RECOMMENDATION: It is respectfully recommended that the General Purpose and Administrative Committee recommend to Council the following: 1 . That the attached amending by-law which authorizes the Bowmanville Business Improvement Area to request a tax levy up to a maximum $60,000 in any given year be approved. 2. That the Bowmanville Business Improvement Area be advised of Council 's action. BACKGROUND AND COMMENTS: In preparing the rating by-law for 1985 staff noted that the current by-law authorizing the levy for the Bowmanville B.I .A. required amendment. The current authorization level is $40,000. The Bowmanville B.I .A. has requested a $45,000 levy for 1985. The limit in the by-law is simply an authorized maximum and the actual budget is set by the Bowmanville B. I .A. on an annual basis. It appears prudent to set the authorized limit at a higher level so that the Town is not annually amending the r by-law to accomodate a minor variance in the levy request. TR-27-85 - 2 - This message was communicated to the Bowmanville Business Improvment Area's Secretary-Treasurer/General Manager and subsequently a letter was received requesting a change in the authorized limit. This by-law amendment is required prior to the approval of the rating by-law. The prior request for an extension of the Bowmanville B. I .A. area requires time for advertising, circulation and a period of notice, and therefore, cannot come forward with this amendment. Respectfully submitted, Kathryn A. Campbell , C.A., B.Comm., Trea _ rer F *gf att:1 3CC) CUUO BOWMANVILLE BUSINESS CENTRE M E3 CM 0 P.O. BOX 365 BOWMANVILLE, ONT. L1C 3L1 1985 04 23 1 Mrs. Kathryn A. Campbell Treasurer Town of Newcastle 40 Temperance Street Bowmanville, Ontario L1C 3A6 Dear Mrs. Campbell As per our telephone conversation on Friday, April 19 , 1985 , concerning our request to change the By-Law to include those businesses in the area just west of Scugog Road on King Street, would you be kind enough to include the fact that the Budget limit should be increased to $60,000 for the annual levy. This change will provide sufficient latitude for the forsee- able future to permit our Budget to grow as initiatives are identified and/or costs increase, without having to seek add- itional changes in the By-Law to accommodate such changes. If you have any questions concerning either of these . requests, please do not hesitate to contact me. Yours very truly r i a 44. Garth Gilpin Secretary-Treasurer and General Manager 30 THE CORPORATION OF THE TOWN OF NEWCASTLE BY-LAW 85- being a by-law to amend By-law No. 77-33 of the Town of Newcastle, as amended, by By-law No. 84-17, and entitled a "By-law to designate an area in the Bowmanville Central Business District as an Improvement Area and to establish a Board of Management for the Bowmanville Central Business Improvement Area" WHEREAS The Council of the Corporation of the Town of Newcastle passed By-law 77-83 on the 16th day of May 1977; AND WHEREAS the Council of the Corporation of the Town of Newcastle passed By-law 84-17 on the 13th day of February 1984, authorizing an increase in the annual budget of the Bowmanville Central Business District; AND WHEREAS the Board of Management for the Bowmanville Central Business District. Improvement Area has requested that the said By-law ,77-33 be further amended to provide that Council shall not approve any estimates submitted in an annual budget of the Board in excess of the sum of $60,000.00; AND WHEREAS the Council of the Corporation of the Town of Newcastle deems it adviseable to further amend By-law 77-33, as amended, by By-law 84-17 in accordance with the request of the Board: NOW THEREFORE THE COUNCIL OF THE CORPORATION OF THE TOWN OF NEWCASTLE HEREBY ENACTS AS FOLLOWS: 1. THAT Section 16 of By-law 77-33 as amended by By-law 84-17 be further amended and the following substituted therefore: 16. Council shall not approve any estimates submitted in an annual budget of the Board in excess of the sum of $60,000.00. 2. This by-law shall come into force and take effect on the day of enactment. By-law read a first and second time this day of 1985 By-law read a third time and finally passed this day of 1985 Mayor Clerk