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HomeMy WebLinkAboutKIN1928-979 Princess Huron Terrace Pavements240 lj el az Ay f zlc 0 J 1 i 1 , J A ' CONSTRUCTION BY -LAW N064 A BY -LAW to authorize the construction of an asphalt pavement on Huron Terrace Street from Harbor Street to Broadway Street and on Prinoese Street from Russell Street to Broadway Street as a Local Improvement under the provisions of The Local Improvement Act. WHEREAS William Pollock and others have petitioned the Council of the Corporation of the Town of 8inoardine to oonstruot.as a Local Daprovement.an asphalt pavement twenty -six feet wide with curb and gutter upon Huron Terrace Street from Harbor Street to the north limit of James Malcolm's garage; AND WHEREAS Mrs-George Blair and others have petitioned said Council to oonetruot as a local improvement.an asphalt pavement twenty -teat y wide from the north limit of James Malcolm's garage to Broadway Street AND WHEREAS JohnJ.Hunter and others have petitioned said Council to conetruot.as a local improvement.an asphalt pavement thirtyone3 feet seven inches wide on Princess Street from Russell Street to Lambton six Street and twenty /feet wide from Lambton Street to Broadway Street; AND WHEREAS the Clerk has oertified that each of the said petitions is sufficient and it is expedient to grant the prayer of each of said Petitions in the manner hereinafter provided; THEREFORE THE MUNIOIPAL COUNCIL OF THE CORPORATION OF THE TOWN OF $INCARDINE enacts as follows;. (1) That an asphalt pavement be construoted on Huron Terrace Street twenty -six feet wide with curbing from Harbor Street to the north limit of James Mal eolm'B garage;on Huron Terrace street twenty feet in width from the north limit of James Malcolm's garage to Broadway Street and on Princess Street from Rue ell rba 1!i-fif- bton Street Tlifrty -one feet Bevan inches wiie and pr from treat to Broad- way Street twenty-six feet wide41 a coal i under the pro- visions of The Local Improvement Aot.DD.. (S) The Engineer of the Corporation, �1���� .do forth. with make such plane.profiles end d$aolfications and furnish ouch 1 information as may be necessary for the making of a contract for the execution of the work. I (3) The work shall be oarried on and executed under the superintendence I and a000rding to the directions and orders of such engineer. I M Poo es r rose i' s 1 !' 1 w.1 table /.1 (S) (4) The Mayor and Clerk are authorised to cause to- on -timm a contract for the construction of the work to be made and entered into with some pardon or pereone,firm or oorporation.subjeot to the approval of the Council to be declared by resolution. (b( The Treasurer may (subject to the approval of the Council) agree with any Bank or person for temporary advances of money to meet the cost of thw work pending the completion of it. 11 (6) The Special Assessment shall be paid by twenty annual instalments. (7) Twenty -five per cent of the cost of construction of said pavement shall be paid by the Corporation at large and seventy -five per cent thereof shall be paid by the ratepayers whose property abuts upon the work to be oonstruotedithis by-law being passed by a vote of three. fourthe of all the members of the Counoile (8) The debentures to be issued for the loan to be effected to pay for the cost of this work when oompleted.shall bear interest at five per cent per annum and shall be payable within twenty years on the in. stalmant plan.and in settling the am to be raised annually tompay the debt.the rate of interest on investments shall not be estimated at more than four per cent per annum. (9) Any person whose lot is speoially aeaeaaed may commute for a payment in cash the special rates imposed thereon.by paying the portion of the coat of construction aesesaed upon saoh lot.without the interest forthwith after the Special Assessment Roll has been certified by the Clerk.and at any time thereafter by the payment of such sum as when Invested at four per cent per annum will provide an annuity sufficient to pay the special rates for the unexpired portion of the term as they fall due. Signed.Sealed and Finally Passed this A.D.19S8. f� ' �g ~ day of September yor. A v = i i.- it i Ii d .. I ...ow- f� ' �g ~ day of September yor. A v = i i.- AL- n a 1 p d � a a• w b � � o � y m p o W o C+ m p � »•�m p H H m � Q m lJ J 0 h a R y a pq 4 o 'I i