HomeMy WebLinkAboutKIN 56 1622 Construct watermain
OORFORAi'ION OF THE TOWN' OF KINCA...'IDINE.
:BY-LAW NO. 1622
A BY-LAW 'f0 AU'.nIORIZE THE CONSTRUCTION OF A IV
5'lREET, m THE TOWN 01' KINCABD:rnE., FROM Q,UEEN gr
PRO.l:'.I!ita h
ON NELSON
TO HAROLD QUINN'
wm;:R~A!'I G. V. ~omrrCROF1', WILLIAM \"1ESSEL, . LLIAM Blsa: and oilie s
have peU tioned the Qounc.1.l ot \he \fown ot Kina ine to o::mstrua\
as a looal improvement a waterma1n t 1'rom C¡Ueen Street
to Harold Quinn'S property in the
AND WFllRJi!AR the Olexk ot the said town has the
said petition is su:tfiOien't end it is expedient the prayer
01' tbe p'tition in the manner hereinafter provide .
'r~ORE THE J4UNICIPAL COUNCIL OF THE CORFO ION OF TEl!: TOWN
such information as may be necessary
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otKINCARDINB. enaets as rollows;~
1. THAT a tour inch wstermain be on Nelson ~treet
rrOJl1 Q.u.~n Street to Harold Q.uinn's property as local improvement
unlltlr tha proviaions of' the Local Improvement Ac
2. 'f~ Floyd Kel1estine be appointed as S erintendent and
that he do torthwith make suah plans and speci!i tions and fUrnish
g at a contract tor
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the exeòUtion 01' the \'IOrk.
:;. 'f~ the work shell be carried on and
SUperintendent and according to the direotions
S~,.rintendent.
4. The Mayor and Qlerk are authorized to
orders of' the said
se a contract tor th
oo~truction ot the work to be made am entered to with some person
or persona, tirm or ~hrporation, subject to the proval o:r the Oounc.1.
to be declared by resolution.
5. The Treas;u~ DI8Y 'subjeet to the appro ·otthe Gouneil)
.
agree with any Bank or person tor temporary adv cas 01' money to meet
the ooat 01' the work pending completion ot it.
6. 'the special assessment shall be paid by ten annusl instalment. .
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to be etteoted to
7. The debentures to be issued tor
pay the cost ot 'tœ 1IOrk when completed,
per cent per annum and be made payable within
r interest at tour
on the inat nt
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plan. and in settling the sum to be raised annual
deb'll. the rate 01' interest on investments sha.ll no
at more than tour per cent per annum.
8. bq person whose lot is specially aBses ed may commute for
a payment_ in cash. the special rates imposed there ,by paying the
portion 01' the oost 01' construction assessed upon ach lot, without
the intereat. forthwith after the special assessme t roll has been
certitied bJ: the Olerk. and at any time thereafter by the payment ot
suCh a sum as when invested at four per cent per num will provide
an annuity aut'tiOient to pay the special the unexpired por-
tion ot the term as they t!Ù.l due.
9. 01' the total ooat ot the
chargeable to the owners 01' the lanil abutting dire
and torty per cent thereof to the said ~orporati
to pay the
be estimated
per cent shall be
tly on the work
SIGNED. RmIaT.1im anA FINALLY. PASSED this Fou e.nth day ot
February. A.D. 1956.
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