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BYLAW - Reconstruction of Kennedy St. - 19730319 - 198773BY-LAW NUMBER 1987-73 MINICIPAL CORPORATICN OF THE 'l'OWN OF AUIDRA A CONSTRUCTION BY-LAW TO AUTHORIZE THE RECONSTRUCTION OF KENNEDY STREET WEST FROM YONGE ST. SOUTH TO GEORGE ST. IN THE TOTAL ESTIMATED AMOUNT OF $ 133,725.00 WHEREAS this Council has determined that it is desirable that the construction of this work be undertaken as-soon as possible. AND WHEREAS, the Ontario Municipal Board by its order H 1850 dated January 16th, 1973 has approved of the project in the total estimated amount of $ 270,000.00 and the temporary borrowing pending completion of the work and the sale of debentures. NOW THEREFORE THE MUNICIPAL COUNCIL OF THE CORPORATION OF THE TOWN OF AURORA ENACTS AS FOLLOWS: 1. THAT, the reconstruction of KENNEDY ST, w. from YONBBtSTREET to GEORGE ST., in the amount of $ 133,725.00 as estimated by J, D. Reid and Associates Ltd., Consulting Engineers, dated February 28th, 1973, be authorized, 2, THAT, the total estimated cost is to be financed as follows: Recoverable from Part X, Highway Improvement Act Estimated (Town Share) to be debentured for a period not to exceed 10 years $ 63,725.00 70,000.00 $133,725.00 3· THAT, J. D. Reid and Associates Ltd., shall provide all the Services, Plans, Profiles, and Specifications, etc., which maY be required to complete the said work in a satisfactory manner. 4. THAT, the work shall be carried out and executed under the supervision and according to the directions and orders of the Consulting Engineers. 5· THAT, the Mayor and Clerk are authorized, to cause a contract for the construction of the said works to be made and entered into with some person or persons, firm or corporation, and to sign any other documents necessary for construction of this work, subject to the approval of this Council, to be declared by resolution. READ A FIRST AND SECCND TIME THIS ~~~DAY OF MARCH, 1973. P4 READ A THIRD TIME AND FINALLY PASSED THIS /911. DAY OF MARCH, 1973. ~~~~-~u_J_ MAYOR