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HomeMy WebLinkAboutKIN 70 2146 Reconstruct streets "':r- ;)~ '--". .'- ~-" - THE CORPORATION OF THE TOWN 0 KINCARDINE BY-lAW NO. 21 6 . A By-Law to authorize the reconstru ion 01' Queen Street and bridge over the Penetangore River in the Town of Kincardine. WHEREAS PURSUANT to Section 22 01' the HIGHWAY IMPROVEMENT ACT, R.S.O. 1960, and an Agreement entered in 0 pursuant thereto between Her Majesty The Queen in Righ of Ontario and the Corporation of the Town of it necessary~o construct a bridge over t~e P netangore River on Queen Street and reconstruct Queen , Durham Market South to Kincardine Avenue in municipality: AND WHEREAS the Council of the said Town of K ncardine has authorized certain work to be done on sai street and it will be necessary to borrow certain s the cost "of said work until such time as the levied therefore can be collected, and the p of the said cost by the Province of Ontario s 11 be to meet received; are . . NOW THEREFORE the Council of the Corporation f the Town of Kinoardine enacts as follows: 1. That the reconstruction of Queen Street f m Durham Market South to Kincardine Avenue and bri ge over ~ Penetangore River be constructed in the T wn of Kincardine at an estimated cost of 6 0 0 0.00. 2. That B.N. Ross Be Associates Limited inted as and specifications and furnish such info tion as may Engineer and that he forthwith make such plans, profiles be necessary for the making of a contract for the execution of the work. 3. Tm. work shall be carried on and executed under the superintendence and according to the dire tions and orders of the said Engineer. . -- "ð ...... ;;~ /" '(:" - . , . . . ~/''i"' 1 ~ - 2 - 4. The lvlayor and Cle rk of the Town of Kinca ~ ì are hereby authorized to cause a contract for the c nstruction of the work to be made and entered into wit some person or persons, firm or corporation, subject to the approval of Council to be declared by resolution. 5. The cost of construction of the said wor shall be paid by obtaining a loan from the Bank 0 secured by promissory note or notes not e ceeding the sum of $ 650.000.00 and interest at Highways ount of percent per annum. The Ðepartm agrees to pay 90% of the said estimated $ 603.000.00 and agrees to pay 50% 0 the said estimated amount of $ 47,000.00 , leaving a balance to be paid by the Corporation of he Town of Kincardine. 6. That this By-law shill become effective u on therinal .- passing thereof, subject to the app~l Municipal Board. l' The Ontario Read a tirst aDd second till. this sixth &'1 ~ August, 1970. Read a third 1<1... and Unall'1 passed this da'1 of Jyua:rr , 197111. sevellth' " " .....:'~J~....:..~:..,-'~ .~ . ...:.. ..../ ."'~-' ," ."- .."... /, '.- ..,. ~ v:. :;;:;;, -.r- .- - ~--: ~~r-'<J .;:;. - ~, Clerk -';,V: ......./ '^~' " .~ v.//. "".\.,.':;-,,~, > '....._~\........//_- .~. -:. --::.:> Ontario Municipal Board Approval Decemb r 14. 1970. File H 1308-70 -' '. _...