HomeMy WebLinkAboutCD-35-88 Orj (0 )
TOWN OF NEWCASTLE
Y s REPORT File #
Res. # - qq`��_
By-Law # jot
MEETING: GENERAL PURPOSE & ADMINISTRATION COMMITTEE
DATE: JULY 4, 1988
REPORT #: CD-35-88 FItf #:
SUBJECT:
APPROVAL OF TILE DRAINAGE LOAN APPLICATION -
WALTER PINGLE, R.R. #1, HAMPTON, ONTARIO, LOB 1JO
LOT 27, CONCESSION 41 DARLINGTON.
RECOMMENDATIONS:
1. THAT Report CD-35-88 be received; and
2. THAT the Tile Drainage Loan Application submitted by Walter Pingle in the
amount of $19,700.00 be approved; and
3. THAT the By-law attached to Report CD-35-88 be approved and the By-law and
necessary support documents be forwarded to the Regional Municipality of
Durham for processing; and
4. THAT the applicant be advised of Council's decision.
BACKGROUND AND COMMENT:
Mr. W. Pingle filed an application for a Tile Drainage Loan in the amount of
$24,700.00, on April 12, 1988. The works were completed by May 16, 1988, and
subsequently invoices totalling $26,260.30 were submitted for the Works
Department's review. The Drainage Inspector inspected the works and filed an
Inspection and Completion Certificate on May 16, 1988, in the amount of $19,700.00.
Continued . . . . ./2
Report CD-35-88 - 2 - July 4, 1988.
We have been advised by the Ministry of Agriculture and Food, that the Town of
Newcastle's budget for the Tile Loan Program for 1988 is $19,500.00. On June 13,
1988, Council approved a Tile Drainage Loan Application in the amount of $8,800.
However, in a conversation with Mr. John Johnston of the Ministry of Agriculture
and Food on June 21, 1988, we were advised to process Mr. Pingle's application.
Any further applicants will be informed that there is no additional monies
budgetted for Tile Drainage Loans until August 1988.
It is, therefore, recommended that the Tile Drainage Loan Application in the amount
of $19,700.00 be approved, the necessary by-law forwarded to Council for passage and
the application, when approved by Council, forwarded to the Region for processing.
Respectfully submitted, Recommended for Presentation
to Committee
P 'tt' L. Barrie, A.M.C.T.(A) Lawrence otseff, M.C.I.P.,
Deputy Clerk. Chief Admini trative Officer.
PLB/ms
THE CORPORATION OF THE TOWN OF NEWCASTLE
BY-LAW 88- W
being a by-law imposing special annual
drainage rates upon land in respect of
which money is borrowed under The Tile ;{
Act 1971
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WHEREAS owners of land in the municipality have applied to the Council under
the Tile Drainage Act, 1971, for a loan for the purpose of constructing
sub-surface drainage works on such lands;
AND WHEREAS the Council of the Corporation of the Town of Newcastle has upon
their application lent the owners the total sum of $19,700.00 to be repaid
with interest by means of rates hereinafter imposed.
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BE IT THEREFORE ENACTED BY THE COUNCIL OF THE CORPORATION OF THE TOWN OF
NEWCASTLE, that annual rates as set out in Schedule "A" attached hereto are
hereby imposed upon such land for a period of 10 years, such rates to be
levied and collected in the same menner as taxes.
,•M
By-law read a first and second time this
By-law read a third time and finally passed this
I,
3..t
Mayor .
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Clerk
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THE CORPORATION OF THE TOWN OF NEWCASTLE
SCHEDULE "A" TO BY-LAW
:NAME AND ADDRESS OF OWNER DESCRIPTION OF LAND DRAINED PROPOSED DATE OF LOAN SUM TO BE LOANED ANNUAL RATE TO BE IMPOSED
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! Walter A. Pingle Part Lot 27, Concession 4, $19,700.00
' I R.R. #1, Hampton, LOB iJO Darlington ;
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$19,700.00 i
10 Year Repayment, Factor: - 14.90 - 8%