HomeMy WebLinkAboutKIN 77 4065 Reconstruct Russell
THE CORPORATION OF THE TOWN OF KINCARDpiE
BY-LAW 4065
BEING A BY-LAW TO AUTHORIZE THE RECONSTRUCTION OF RUSSELL STREET
IN THE TOWN OF KINCARDINE.
WHEREAS Pursuant to the Provisions of the ~cipal Act,
as amended, R.S.O. 1970, Section 443 (1) that th~.~ouncil of
every municipality may pass By-law for repairing I highways.
AND WHEREAS The Corporation of the Town of! Kincardine
has deemed it necessary to reconstruct Russell S~reet in the
said municipality. :
AND WHEREAS the Council of the said Town 01 Kincardine
has authorized certain work to be done on Russel Street and
it will be necessary to borrow certain sums to m et the cost
of said work until such time as the taxes to be evied there-
fore can be collected and the proportion, if any~ of said
cost payable by the Province to the Town shall b~ received.
NOW THEREFORE the Municipal Council of the! Corporation
of the Town of Kincardine enacts as follows: :
.
.
1.
2.
3.
4.
.
5.
.
That Ru.ssell Street, in the Town of Kincar~ine be
reconstructed at an estimated cost of $140,000.00.
,
That B.M. Ross & Associates Limited be app+inted as
Engineer and that he do forthwith make su.c~ plans,
profiles and specifications and furnish su.~h information
as may be necessary for the making of a co~tract for the
execution of the work. :
The work shall be carried on and executed ' mder the
superintendence and according to the direc}ions and
orders of the said Engineer. i
The Mayor and Clerk of the Town of Kincard~ne are hereby
authorized to cause a contract for the con~truction of
the work to be made and entered into with ~me person
of persons, firm or corporation, subject t~ the approval
of the Council to be declared by resolutio'.
The cost of reconstruction of Russell Stre~ shall be
paid bT obtaining a loan from the Bank of ntreal,
secured by a promissory note or notes not ceeding the
sua of $140,000.00 and interest thereon at 8 3/4'1> per
annum. .
6.
i
That this BT-law shall become effective up+n the final
passing thereof, su.bject to 'the approval õt the Ontarlo/..~.
Municipal Board. '. - : >.
,--""'. '/--
day of AÐr~ :_, i9Æ\
I ~ .~.,
/~ ~¿""A~ - ~ ,,'--' ~
/~ -.
READ a FIRST and SECOND time 'this 21st
_~ ~+ c?~
yor
.
READ;a THIRD,.-1"tU:--7and FINALLY PASSED THIS !!Ldty or ~ep't~be:,W7.
J~~ !Ýl)~ -æ~""~···-..- :,--,~
MaTor - er --
j ..........