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BYLAW - Civic Administration Complex - 19900913 - 320490',, . ~, .... .,-_":--~ -<, • • BY-LAW NUMBER 3204-90 OF THE CORPORATION OF THE TOWN OF AURORA BEING A BY-LAW to authorize the construction of a Civic Administration Complex. WHEREAS the lands on Wellington Street, north side, being Part of Lot 81, Concession 1 E. Y .s., designated as Part 1 on Registered Plan 65R-13645 are required for the construction of a Civic Administration Complex, in the total estimated cost of $10,000,000.00 (ten million dollars). AND WHEREAS Counci 1 has determined that it is des i rab 1 e that tenders and construction be undertaken as soon as possible, AND WHEREAS Section 193(1) 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 347, NOW THEREFORE the Municipal Council of the Town of Aurora enacts as follows: 1. THAT the construction of a civic administration complex, in the total estimated amount of $10,000,000.00 be authorized. The Ontario Municipal Board, by its Order No. E 900753 dated} June 27, 1990 , has approved and authorized the total expenditure proposed and the long term financing of a maximum of $5,000,000.00 for a period not to exceed 20 years. 2. 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. 3. THAT this By-law shall come into effect only upon the approval of the Ontario Municipal Board. READ A FIRST AND SECOND TIME THIS 18th DAY OF JUNE, 1990. READ A THIRD AND FINAL TIME AND FINALLY PASSED THIS 13th DAY OFSEPr. 1990. •, B E F 0 R E : P.G. WILKES Vice-Chairman Ontario Municipal Board Commission des affaires municipales de !'Ontario IN THE MATTER OF Section 64 of the Ontario Municipal ~oard Act, (R.s.o. 1980, c. 347 as amended), -and - IN THE MATTER OF an application by The Corporation of the Town of Aurora for an order approving: (a) the construction of the Aurora Civic Administration Complex at an estimated cost of $10,000,000.~, 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 n!"cessary debentures to a max~mum of $5,000,000.00 for a term not to exceed twenty years by The Regional Municipality of York chargeable to the applicant corporation E 900753 ) ) ) ) Wednesday, the 27th day of June, 1990 THE BOARD ORDERS that this application be granted and that the applicant may proceed with the undertaking and The Regional Municipality of York may issue debentures therefor for a sum not exceeding the lesser of $5,000,000.00 or the net cost of such undertaking for a term not exceeding twenty years, provided that the Councils of the applicant corporation and The Regional Municipality of York in exercising any power approved by this order shall comply :1-I - 2 - E 900753 and conform with all statutory and other legal requirements related thereto. ~CRETARY