HomeMy WebLinkAboutCD-40-86 TOWN OF NEWCASTLE
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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.
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