HomeMy WebLinkAboutCD-50-86 REPORT #2
TOWN OF NEWCASTLE
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REPORT -15# rd.
Res. #
By-Law #
MEETING: COUNCIL MEETING
DATE: Tuesday, October 14, 1986
REPORT #: CD-50-86 FILE #: _35.6.0.17
SUB.ECT: Hydro Liaison Committee Meeting Held Friday, September 26, 1986.
RECOMMENDATIONS:
1 . Payback of Courtice Storm Agreement
r THAT the Town's loan from the Ontario Hydro Station Account
"B" to assist in the provision of storm drainage works in
the Courtice Urban Area be repaid from funds collected
through the Developer's Agreements as outlined in By-law
83-18 and Supplementary Agreement #7;
AND FURTHER THAT payment of the instalments begin in 1986.
2. Library Request
THAT the following amounts for improvement of the resource
collection assets be expended from the Station Account "B"
to the Library Board in the years mentioned.
1986 - $27,470.00
1987 - $28,844.00
1988 - $30,286.00
AND FURTHER THAT a draft supplementary agreement be drawn up
and presented to the next Hydro Liaison Committee meeting to
support this expenditure and to provide for consideration of
future capital expenditures.
. . . , .2
Report CD-50-86 Page 2 October 14, 1986
3. Bowmanville Arena Funding
THAT the Hydro Liaison Committee consider the Sub Committee's
report suggestion that $180,000.00 be drawn from the Hydro
Impact Account B to assist in the construction of a twin pad
arena to meet the anticipated needs of the Courtice Community;
AND FURTHER THAT a draft supplementary agreement be drawn up
and presented to the next Hydro Liaison Committee meeting to
support this expenditure.
4. Administrative Facility
91 . THAT the Town of Newcastle and Ontario Hydro enter into an
agreement to authorize the expenditure of funds from the Ontario
Hydro Community Impact Fund Darlington Generating Station "B"
account in the amount of $156,000.00, to assist in the construction
of the Town of Newcastle's Administrative Facility; and
THAT a draft supplementary agreement be prepared authorizing
the drawing of funds to support the project; and
THAT the draft agreement and necessary by-laws authorizing the
Mayor and Clerk to enter into the agreement be presented to
Council .
5. Informal Meeting to Discuss' Impact of Completed Project.
( , . THAT an informal meeting be arranged to review the impact
as the hydra project winds down and is completed in order
to plan for the integration of the existing labour force
into the economy of the Town of Newcastle so as to minimize
the social and economic impact on the community and to
determine the effect on the A & B Accounts.
Respectfully submitted,
,
Councillor Frank Stapleton,
Vice Chairman.
RR/os.