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BYLAW - Authorize Construction of a Sub Station - 19590817 - 141259f-1 .... "_,_. [] [I BY-LAW NUMBER /tf: I J of the Corporation of the ToW!} of Aurora A BY-LA~J TO AUTHORIZE THE CONSTRUCTION OF A 5,000-K.V.A.,2?.6/4.K.V, BUNGALOW-TYPE SUBSTATION, THE PURCHASE OF RENTAL-PLAN WATER HEATERS AND UTILITY EQUIPMENT AND FOR EXTENSIONS AND IMPROVEl-!ENTS TO THE ELECTRICAL DISTRIBUTION AND STREET LIGHTING SYSTEJ\m DURING 1 9 59 Whereas the Council of The 'l.'own of Aurora deem it expedient to au- thorize the Construction of a Hydre-Substa.tion and the extension and impro~ement of the electrl.cal distribution system in The Town of Aurora. And Whereas The Hydro-Electric Power Cominis~ion of Ontario assented to these works on May 27,1959 pursuant to the provision of Section 103 ol'· The Po•rer Commission Act. And Whereas pursuant to Section 388(1), Paragraph 66, the Council may pass a By-Law for the construction of such works, subject to the approval of the Ontario Municipal Board, r And "fuereas the total estimated cost of such work is the sum of .$125,000,00. THEREFORE THE COUNCIL OF THE CORPORATION OF THE TOWN OF AURORA ENACTS AS FOLLOWS: ···--·--;,., . · (,1) That The Aurora Hydro-Electric Commission.be .. an.d they are hereby a.uthori·.·z. e.d to construct a 5, 000 K. V. A. , 27. 6/4.lj#/· K.Y. bungalow type substation, purchase rental plan water heaters ' and utility equipment and make extensions and improvements to the . electrical distribution and street lighting systems during 1959. (2) That the Treasurer may agree with any bank or .·t/rf person for temporary advances of money to meet the cost of the worky/1 ' pending the completion of it. (3) That the debentures to be issued for the loan '# to be effected to pay for the co. st of the work, when completed, shall · • bear interest at such rate as the Council may determine and be made payable within t;,renty years on the instalmemt plan. v · ( 4) That this By-Law w·iil come into eff.ect 1>1hen it LJi~ has received the approval by The Ontario Municipal B d. /1'-' • •.~~,, READ A FIRST AND SECOND TIME THIS c:;Jo 1959 . :JJ·