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BYLAW - Authorize the Construction of Sanitary Sewers on Cousins Drive - 19491003 - 103249/ .. ,, .BY -LAW NlJM.BER /0 .3 ~ of the MUnicipal _corporation of the !!!own of Aurora. J;Y-Law to authorize the Construction of sanitary sewers on Cousins Drive and Gurnett street and of a Storm sewer on Gurnett street, in the Town of Aurora. WHEREAS at least two thirds in number of the owners repre- senting at least one half of the value of. the lots liable to be specially assessed, and others, have petitioned the Council to construct-, as a looal improvEl!llent, the sanitary sewers, hereafter referred to, and also a storm sewer on Gurnett Street from cousins Drive to Kennedy Street East. AI!ID WI:!ERE.\S it is expedient to grant the prayer of the petitioners h~reinafter provided. THEREPOEE THE MUIUCIPAL COUNCIL OF THE OORIORATION OF 1'HE CI!O\Yl/ OF AURORA JSNACTS .AS JroLLOWS: 1. That sanitary sewers having sectional areas as hereinafter pro- vi dad, as a local improvement under The Local Improvement Act, be aonstzm.cted,,.as- fQlldws: ! / On Cousins Drive b&~ween the east lilni t of Lot 176 according to I Plan 246 easterly to the storm sewers at the creek bed having sectional area of inches. on Gurnett ;:>treat between Cousins·· Drive and Kennedy ;:>treet, ..ast, having sectional area of inches. 2. mat a storm sewer or drain, as a local improvement under '•·he Local Improvement Act, be constructed, on Gurnett ;:>treet between Cousins Drive and Kennedy street,..ast, s. That. Messrs. Proctor, Redfern and Laughlin be and they are hereby appointed the engineers to forthwith make such plans, profiles and specifications and furnish such information as may be necessary for the making of a contract or contracts .for the execution of th~ said work. 1 I I ,. 2 ,. 4. !!?hat the work shall be carried on and executed under the supe:i'in- tendence and according to the directions and orders of such engineers. 5. ~he Mayor and Clerk are hereby authorized and directed to cause a contract or contracts for the construction of the work, to be made and entered into with some person or persons, firm or corporation, subject to the approval of this council to be declared by ftesolution. s. The Treasurer may agree with any bank or person for temporary ad- vances of money to meet the cost of the work pending the com,pletion of lt. 7. <J:he special assessment shall be paid by twenty annual instalments. a. '!:he debentures to be issued for the loan to be effected to pay for the cost of the work when completed shall bear interest at such rate as the Council may determine and be made peya.ble within twenty years on the instalment plano 9. ii:ny person whose lot is specially assessed m~ connnute for a. pay.,. ~ ment in cash the special rates imposed thereon by peying the portion of the cost~ of construction assessed upon such lot, without the interest, forthwith after the dpecial Assesmaent noll has been certified by the Clerk, and at any time thereafter by the payment of such sum as when invested at four percent. per annum will provide an annuity sufficient to pay the special rates for the un- expired portion of the term as they fall due. Dated· at the council Oha.lnbers, aurora., this :5 day of uctober,l949, Passed at the Council Chambers, Aurora. this . .;;:> day of uctober,l949. MAYOR CLERK