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HomeMy WebLinkAboutCD-40-86 TOWN OF NEWCASTLE 1317 REPORT File #,� % s Res. # By-Law # MEETING: REPORT TO COUNCIL DATE: JULY 14, 1986 REPORT #: CD-40-86 FILE #: 10.29.137 and 10.29.138 SUBJECT: APPROVAL OF TILE DRAINAGE LOAN APPLICATIONS 1 . TED WATSON FARMS LTD. , R.R. #2 File No : 10.29.137 BOWMANVILLE, L1C 3K3 - PART OF LOT 17, CONCESSION 1 , DARLINGTON. 2. CERESMORE FARMS LTD. , R.R. #4, File No : 10.29.138 BOWMANVILLE, L1C 3K5 - PART OF LOT 1 , BROKEN FRONT, DARLINGTON. RECOMMENDATIONS: It is respectfully recommended that Council : 1 . That Report CD-40-86 be received; and 2. That the Tile Drainage Loan Application submitted by Ted Watson Farms Ltd. in the amount of $11 ,600.00 be approved; and 3. That the Tile Drainage Loan Application submitted by Ceresmore Farms Ltd. in the amount of $9,800.00 be approved; 4. That the attached by-law be approved and the by-law and necessary support documents be forwarded to the Regional Municipality of Durham for processing; and 5. That the applicants be advised that their loans have been approved. BACKGROUND AND COMMENT: Mr. W. E. Watson filed an application for a Tile Drainage Loan in the amount of $11 ,400.00 on April 7, 1986. The works were completed by May 7th, 1986 and subsequently, paid invoices totalling $21 ,213.10 were submitted for the Works Department's review. The Drainage Inspector inspected the works and filed an Inspection & Completion Certificate on June 23, 1986 in the amount of $11 ,600.00. Continued . . . ./2 CD-40-86 - 2 - JULY 14, 1986 Mr. James G. Rickard, Vice President of Ceresmore Farms Ltd. filed an application for a Tile Drainage Loan on May 2, 1986 in the amount of $9,600.00. The works were completed by May 10th, 1986 and subsequently, paid invoices totalling $16,642.50 were submitted for the Works Department's review. The Drainage Inspector inspected the works and filed an Inspection & Completion Certificate on July 2, 1986 in the amount of $9,800.00. It is therefore recommended that Council approve the loan applications totalling $21 ,400.00, enact the necessary by-law and authorize the Clerk to make application to the Region for debenturing. Respectfully submitted, e_w Rosemary Rutledge, A.M.C.T. , Deputy Clerk. RRjos. I i I i