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BYLAW - Authorize the Construction of Sanitary Sewers on Wells Street - 19490502 - 102449'\ ,/ • BY-LAW IillMBER /CJ-l~ of the Municipal Corporation of the Town of Jl.Ul'ora. BY-LAW TO AUTHORIZE THE CO.NSTRUCTIOU OF SAIHT.ABY SE,VERs OU WELLS S~'REET .i!11.0M A ronJT H1 THE PRODUCTION WESTERLY OF THE l'lORTH LIMIT 0~' LOT 34, PLAN 332 TO THE NOJlTH LIMIT OF COUSINS DRIVE. \VHEREAS at least two-thirds in number of the owners represent- ing at least one half of the value of the lots liable to be specially assessed, and others, have petitioned the Council to cons.truct, as a local improvement, the work hereinafter described, and the Clerk has certified that the petition is sufficient. AliiD WHEREAS it is expedient to grant the prayer of the petition in manner hereinafter provided. THEREFORE THE li![JUICIPAL COUNCIL OF THE CORPORATION OF THE TOWH OF AURORA ENACTS AS FOLLOWS: l. That Sanitary s~vers, having a sectional area of inches, be constructed on Walls Street from a point in the production westerly of the North limit of Lot 34, Plan 332 to the North limit of Cousins Drive, a distance of approximately Three Hundred and Two Feet, Six and one-quarter inches ~302' &!") to serve both sides of Wells Street as a local improvement under the provisions of The Local Improvement Act. 2. That :Messrs. Proctor, Redfern & Laughlin be ani they 'are hereby appointed the Engineers to forthwith make such plans, profiles _and specifications ~ li!lld furnish such information as :may be necessary for the making of a contract for the execution of the work. The work shall and according to the directions be carried on and executed under the superintendence 11 1_ and orders of such engineers. )/'f . 4. The Mayor and Clerk are an thorized to cause a oo ntract for the construction of the work to be made and entered into with same person or persons, J firm or corpor~tion, subject to the approval of this Council to be declared by Resolution. ---· -------·--··- •, ":'• ..;,.. 2 - "*' advances of money to meet the cost of the work pending the completion of it. "J.A·· _ 5o ~he spe,cial assessment shall be paid by twenty annual instalments. W The Treasurer may agree with ·an;v bank or persom; for temporary The Deben5ures to be issued for the loan to be effected to pay for tbe .g, cost of the work when completed shall bear interest at wuch rate as the Council may determine and be made payable within twenty years on the instalmaut plan. a. Any person, whose lot is specially assessed, ~ commute for a payment in cash the special rates im;posed thereon by pa;ving the portion of the cost of construction assessed upon such lot, without the interest, forth;vith after the spec- ial assessment roll has been certified by the Clerk, and at any time thereafter by the payment of such sum. as when invested at four percent. per aunura will provide au annuity sufficient to pay the special rates for the unexpired portion of the term as they fall due. Dated at the Council Chambers, Aurora, this day of May, 1949. Passed at the Council Chambers, Aurora, this ~ day of J.lay, 1949. CLl!BX