|THE REGIONAL MUNICIPALITY OF PEEL|
|BY-LAW NUMBER 7-2008|
A by-law to authorize the construction of a sanitary sewer and impose a sanitary sewer frontage rate and connection charge under the Local Improvement Act, R.S.O. 1990, as amended, on Commercial Road, in the Town of Caledon.
WHEREAS, pursuant to section 46 of the Regional Municipalities Act, R.S.O. 1990, Chapter R.8, as amended, the Regional Corporation has the sole responsibility of the supply and distribution of water in the regional area;
AND WHEREAS, the Council of the Regional Corporation has, by Resolution 2001-910 on October 25, 2001 authorized the construction of a sanitary sewer in the Town of Caledon, pursuant to the Local Improvement Act, R.S.O. 1990, Chapter L.26, as amended, under Project 01-2040, at a total cost of $163,686.34, hereinafter referred to as the “Works”;
AND WHEREAS, the Council of the Regional Corporation deems it desirable to impose a sanitary sewer frontage rate and connection charge on the owners of certain lands in the Town of Caledon, pursuant to the Local Improvement Act, R.S.O. 1990, Chapter L.26, as amended;
NOW THEREFORE be it resolved, that the Council of the Regional Corporation enacts as follows:
a) The amount of $8,726.84, being the Regional Corporation’s share of the total cost of the Works, shall be financed entirely by the Regional Corporation.
b) The amount of $154,959.50, being the property owners’ share of the total cost of the Works shall be recovered by means of a special rate assessed against the owners of lands abutting the Works, as set out in Schedule “A” attached hereto, at a rate of $14,503.40 per acre of assessable frontage up to a maximum of 10.15 acres of assessable frontage per property plus a connection charge of $1,550 per connection payable over fifteen (15) years, plus imputed interest, as certified by the Treasurer.
READ THREE TIMES AND PASSED IN OPEN COUNCIL this 24th day of January, 2008.
Schedule “A” to By-law Number 7-2008
|Project Number||Location||Council Resolution Date||Council Resolution Number||Cost of Works||Owner Portion|
|01-2040||Commercial Road, Town of Caledon||October 25, 2001||2001-910||$163,686.34||$154,959.50|