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BYLAW - Family Leisure Complex - 19860407 - 283886' BY-LAW NUMBER 2838-86 OF THE MUNICIPAL CORPORATION OF THE TOWN OF AURORA BEING a by-law to authorize the construction of a Family Leisure Complex and facilities on Industrial Parkway, Part Lots 87 and 88, and Part Lot 103 of Plan 246, as will be known as 125 Industrial Parkway North, in the total estimated amount of $6,712,500. 00. AND WHEREAS Council has determined that it is desirable that tenders and construction be undertaken as soon as possible, AND WHEREAS Section 208 (57) of the Municipal Act (Chapter 302) of the Statutes RSO 1980 as amended authorizes a Council to establish and construct such a facility, AND WHEREAS, a portion of the financing of such project shall require borrowing approval beyond the term of this Council and for a period not to exceed 20 years as provided for in Section 64 of the Ontario Municipal Board Act RSO 1980, Chapter 34 7, NOW THEREFORE the Municipal Council of the Town of Aurora enacts as follows:- 1. That the construction of the Aurora Family Leisure Complex, in the total estimated amount of $6,712, 500. 00 be authorized as approved by the Ontario Municipal Board, by its Order dated , has approved and authorized the total expenditure proposed and the long term financing of a maximum of $2, 000, 000. 00 for a period not to exceed 20 years. 2. That the plans, specifications and tenders of Moffat Kinoshita Associates Incorporated as revised on February 25th; 1986 be authorized for construction. 3. That Moffat Kinoshita Associates Incorporated, shall provide all the services, plans, profiles, specifications and supervision and being responsible to and reporting to the Clerk-Administrator acting and authorized by Council to see that the work is carried out and completed in a satisfactory manner. 4. That Council, shall specifically approve of construction project agreements by resolution as may be necessary from time to time, and shall by such resolution authorize the Mayor and Clerk to enter into an agreement 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 SECOND TIME THIS 17th DAY OF MARCH ' 1986. READ A THIRD TIME AND FINALLY PASSED THIS OF ~ , 1986. I 7/L DAY Mayor Clerk . ,. ~· ,) ~. BEFORE: D. H. McROBB Vice-Chairman -and - G.M. HOBART Member :F /\UHOg/1, 101[lah~?~n:t n l •. ~ ;,-:'" ~~~ IN THE MATTER OF Section 64 of The Ontario Muni ci pal 'Margyl(l.gt4 Al64l1J.' 1980' c. 347) ' l'iLsnd - COM. TRS. WKS ENG. S,Q,l.. ~, oc ,, ' "'' ('L ;\D>' IN THE MATTER FVII:i: &illE0cippt.l;c:kf on 6y The Corporation of the Town of Aurora for an order approving: (a) the construction of Aurora Family Leisure Complex at an estimated cost of $6,712,500.00, and the borrowing of money by way of temporary advances not exceeding in the aggregate such estimated cost pending the sale of debentures, and (b) the issuance of the necessary debentures as set out bel ow by The Regional Municipality of York, chargeable to the applicant corporation E 860183 Wednesday, the 2nd day of April, 1986 THE BOARD ORDERS that this application be granted and the applicant may proceed with the said undertaking and may pass all requisite by-laws, and The Regional Municipality of York may issue debentures therefor not exceeding $2,000,000.00 or not to exceed the net cost of such undertaking to the applicant, whichever is the lesser, for a term not to exceed twenty years, provided that the council of the applicant corporation and the council of The Regional Municipality of York in exercising any power approved by this order shall comply and conform with all statutory and other legal requirements related thereto . SECRE ARY