HomeMy WebLinkAboutKIN 75 3084 reconstruct bridge
CORPORATION OF THE TOWN OF KINCARDIN~
BY-LAW NO. 3084
A By-law to authorize the reconstructio~ of
Durham Street and Bridge over the Penetargore
River in the Town of Kincardine. '
WHEREAS PURSUANT to the provisions of tqe Municipal Act,
as amended, R.S.O. 1970, Section 443 (1) s.s.! (a) that the
Council of every municipality may pass By-la~s for
establishing and laying out highways. ¡
AND WHEREAS the Corporation of the Town !of Kincardine has
deemed it necessary to construct a bridge ov~r the Penetangore
River on Durham Street and reconstruct Durh~ Street from
Park Lane to Lot 27, North Side of Durham St~eet, Plan 4
in the said municipality. >
AND WHEREAS the Council of the said Towq of Kincardine
has authorized certain work to be done on sa~d street and it
will be necessary to borrow certain sums to ~eet the cost of
said work until such time as the taxes to be !levied therefore
can be collected, and the proportion of saidicost payable by
the Province to the Town shall be received. ¡
NOW THEREFORE the Municipal Council of ~he Corporation
of the Town of Kincardine enacts as follows: ,
That a bridge and its approaches be con~tructed across
the Penetangore River on Durham Street ~n the Town of
Kincardine at an estimated cost of $300~000.00.
That B.M. Ross & Associates Limited be 4Ppointed as
Engineer and that he do forthwith make .uch plans,
profiles and specifications and furnishisuch information
as may be necessary for the making of ~ contract for the
execution of the work.
The work shall be carried on and
superintendence and according to
orders of the said Engineer.
The Mayor and Clerk of the Town of Kinc,rdine are
hereby authorized to cause a contract f~r the
construction of the work to be made and! entered into
with some person or persons, firm or corporation, subject
to the approval of the Council to be detlared by
resolution. !
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The cost of construction of the said brtdge and its
approaches shall be paid by obtaining alloan from the
Bank of Montreal, secured by a promissory note or notes
not exceeding the sum of $300,000.00 a~d interest thereon
9 3/4 percent per annum. The Ministry of Transportation
and Communications agrees to pay 80% oflthe said
estimated amount of $240,000.00 and agrf>es to pay 50%
of the said estimated amount of $60,000 00, leaving a
balance of $78,000.00 to be paid by the Corporation of
the Town of Kincardine. >
That this By-law shall become effectivelupon the final
passing thereof, subject to the appro Vat of the Ontario
Municipal Board. '
READ a FIRST and SECOND TIME this 20th' day of
February , 1975. r
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READ a THIRD TIME and FINALLY PASSED this
day of October , 1975.
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executtfld under
the directions
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16th
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