HomeMy WebLinkAboutTWP 89 014 Agree - Tiv Arena
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CorporatioD of the TowDship of KiDcardiDe
By-law No. 89-14
BeiDg a by-law to authorize the
cODstructioD of a community
recreatioD centre joiDtly
WHEREAS the CoamuDity RecreatioD Centres Act, R.S.O. 1980.
Chapter 80, aDd Regulations aade thereuDder, authorize the
establishment, maiDteDaDce and operatioD of a coamuDity
recreatioD centre, and
WHEREAS the CouDcils of the Village of Tiverton and the
TowDships of Bruce and KiDcardiDe have, with the approval of
the Ontario Municipal Board, entered into an agreeaeDt for the
joint cODstruction and operation of a coaaunity recreation
ceDtre, and
WHEREAS funding for the capital cost of a coaaunity recreation
centre has been jointly arranged by the councils of the
participatiDg aUDicipalities iD accordaDce with Schedule A
attached hereto and foraiDg part of this by-law, and
WHEREAS the Councils of the Village of Tiverton aDd the
Townships of Bruce aDd KiDcardiDe are desirous of proceeding
with the constructioD of a co.auDity recreation centre.
NOW THEREFORE THE COUNCIL or THE CORPORATION OF THE TOWNSHIP
OF KINCARDINE ENACTS AS rOLLOWS:
1) That the Head of COUDcil and the Clerk-
Treasurer be and are hereby authorized to
execute any and all docuaents required for the
cODstructioD of a CoaauDity Recreation Centre
at the cost of $1,358,856.00.
2) That the Head of Council and the Clerk-
Treasurer be and are hereby authorized to make
application to the ODtario MUDicipal Board for
approval to proceed with the cODstruction of a
Comaunity RecreatioD CeDtre.
3) That one-third (1/3) of the residual cost of
cODstructioD of the Co.munity Recreation
Centre, as set out in Schedule A attached
hereto, reaaiDing after applying all grants,
subsidies aDd donatioDs shall be funded by
general taxatioD upon all of the rateable
property iD the TowDship of KiDcardine.
4) That the Coa.ittee of MaDageaeDt for the Tiverton
aDd District AreDa, upon approval of this by-law by
the Ontario MUDicipal Board, be and is hereby
authorized to proceed with the construction of a
Community Recreation Centre in accordance with the
conditions set out under Article 4 of the Agreeaent
for the joiDt construction and operation of a
Community Recreation Centre as approved by the
Ontario MUDicipal Board by Order Nuabers E8700ll,
E8700l2 aDd E8700l3.
5) That this by-law shall be effective upon third and
final reading aDd upon approval thereof by the
ODtario MUDicipal Board.
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Read a first and second tiae this ~th day of February, 1989.
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Read a third tiae and finally passed this 14th day of February,
1989.
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Reeve
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Schedule A to By-law No. 89-14
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A by-law to authorize the
construction of a co..unity
recreation centre jointly
Project Costs
Tendered Construct Price
$ 1,326,856.00
Total Project Cost
32.000.00
$ 1,358,856.00
Engineering Fees Allowance
Fundin [ Sources
Grant - Ministry of Tour is.
and Recreation $ 455,066.00
Cash on Deposit 12,137.00
. Bank Certificates 350,000.00
Cash Pledges fro. Substantive
Business Organizations 15,900.00
Cash Pledges fro. Groups 41. 107.00
Sub Total $ 874,210.00
Cash Pledges fro. Participating
Municipalities 484.646.00
Total rundin [ . 1,358,856.00
ONE THIRD SHARE PAYABLE BY EACH PARTICIPATING
MUNICIPALITY
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161.548.66
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