HomeMy WebLinkAboutKIN 92 045 Landfill Impr/Expand
THE CORPORATION Of THE TOWN Of KINCARDINE
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BY-LAW
BY-LAW NO. 1992-45
A BY-LAW TO AUTHORIZE A WASTE MANAGEMENT IMPROVEMENT
PROGRAM, INCLUDING THE EXPANSION OF THE TOWN OF
KINCARDINE'S LANDFILL SITE, IMPROVEMENTS TO THE EXISTING
SITE, AND RELATED WORKS AND EQUIPMENT, AND THE BORROWING OF
UP TO $1,156,000.00 UPON DEBENTURES.
WHEREAS the Council for The Corporation of the Town of
Kincardine has deemed it necessary to authorize the
commencement of a waste management improvement program in the
Town of Kincardine, consisting of an expansion to the Town's
landfill site, a waste management improvement program for the
existing site, and related works and equipment at an estimated
cost of $1,156,000.00.
AND WHEREAS section 210 (89) (a) of the Municipal Act, R.S.O.
1990, chapter m.45 permits the councils of local municipalities
to authorize the work hereinafter set forth.
AND WHEREAS the Council for The Corporation of the Town of
Kincardine by a vote of an affirmative vote of at least
three-fourths of all members of Council, ENACTS as follows:
1. In this By-law, "work" shall mean the expansion of the
Town's landfill site and environmental assessment
procedures required therefor, improvements to the
existing site, and installation of related works and
equipment, at an estimated net cost of $1,156,000.00.
2 . The undertaking of the said work, the exercise of the
powers of The Corporation of the Town of Kincardine to
proceed therewith, and the provisions of monies
therefor, by the issue of debentures is hereby approved
and authorized in the amount not exceeding $1,156,000.00
repayable over six (6) Years.
3. The Treasurer of The Corporation of the Town of
Kincardine may (subj ect to approval of Council) agree
with any bank or person for temporary advances of money
to meet the costs of the work pending the completion
thereof.
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4.
The work shall be carried on and executed under the
supervision and according to the directions and orders
of the Town's consulting engineers for waste management,
Conestoga Rovers & Associates Limited.
5. In each year in which an instalment on the said
debentures becomes due, the amount to be raised shall be
paid from the revenue fund of The Corporation of the
Town of Kincardine in each year until the debt has been
retired.
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By-law No. 1992-45
This By-law shall not come into force and effect until
approval of the Ontario Municipal Board has been obtained
pursuant to section 64 of the ontario Municipal Board
Act, R.S.O. 1990, chapter 0.28, and shall come into
force and effect upon such approval being given.
7. This by-law may be cited as the "Landfill site Expansion
and Improvement Debenture By-law".
6.
READ a FIRST and SECOND time this 2nd day of July, 1992.
READ a THIRD time and FINALLY PASSED this 2nd day of July,
1992.
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Mayor
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