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HomeMy WebLinkAboutBy-law No. 2005-065 THE CORPORATION OF THE MUNICIPALITY OF BAYHAM BY-LAW NO.2005-065 A BY-LAW TO PROVIDE FOR DRAINAGE WORKS IN THE MUNICIPALITY OF BAYHAM IN THE COUNTY OF ELGIN BEING RICHMOND ROAD 2005 WHEREAS the affected owner, 571515 Ontario Inc., requested the Council of the Municipality of Bayham, in the County of Elgin, in accordance with the Section #78 of the Drainage Act, R.S.O. 1990,that the following lands and roads be drained by construction of drainage works: Part of Lots 110 and 111, Concession S.T.R.,in the Municipality of Bayham,in the County of Elgin; AND WHEREAS, the Council of the Municipality of Bayham has procured Report No. 205067, prepared by Spriet Associates, dated May 30, 2005, which is attached hereto as Schedule "A", and forms part of this By-Law. AND WHEREAS the total cost of the reconstruction of drainage works is to be paid directly to the contractor by the affected landowner, 571515 Ontario Inc.; AND WHEREAS $26,700 is the amount to be contributed by the municipality for administration costs associated with the reconstruction of the drainage works; AND WHEREAS the Council is of the opinion that the drainage of the area is desirable. NOW THEREFORE the Council of the Municipality of Bayham enacts as follows: 1. Report No. 205067, dated May 30, 2005 and attached hereto, is hereby adopted and the drainage works as therein indicated and set forth is hereby authorized and shall be completed in accordance therewith. 2.1 The Corporation of the Municipality of Bayham may borrow, on the credit of the Corporation, the amount of$26,700 being the amount necessary for administration costs associated with the reconstruction of the drainage works. 2.2 The Corporation may arrange for the issue of debentures on its behalf for the amount borrowed less the total amount of, (a) grants received under Section 85 of the Act; (b) commuted payments made in respect of lands and roads assessed within the municipality; (c) monies paid under Subsection 61(3) of the Act; and (d) monies assessed in and payable by another municipality, and such debentures shall be made payable within 5 years from the date of the debenture and shall bear interest at a rate of five percent (5%) or at the cost to the Municipality of Bayham to borrow, whichever is higher, on the date of sale of such debentures; 3. A special equal rate sufficient to redeem the principal and interest on the debentures shall be levied upon the lands and roads as set forth in the attached Schedule "A" to be collected in the same manner and at the same time as other taxes are collected in each year for 5 years after the passing of this by-law. By-law No.2005-065 -2 - 4. For paying the amount of$0 being the amount assessed upon the lands and roads belonging to or controlled by the municipality, a special rate sufficient to pay the amount assessed plus interest thereon shall be levied upon the whole rateable property in the Municipality of Bayham in each year for 5 years after the passing of this by-law to be collected in the same manner and at the same time as other taxes are collected. 5. All assessments of$150.00 or less are payable in the first year in which the assessment is imposed. 6. This by-law comes into force on the passing thereof and may be cited as "Richmond Road Drain". READ A FIRST AND SECOND TIME this 1st day of September 2005. Provisionally adopted this 1st day of September 2005. y t ! la.,- LXX MA CR CLERK READ A THIRD TIME AND FINALLY PASSED this I4 day of/2'D Aidif--erriaiN 2005. A a i ., i.f it *7-:;,..i. t_fielz:4 MA 0I R CLERK COURT OF REVISION—MUNICIPALITY OF BAYHAM Take notice that the Court of Revision of the Corporation of the Municipality of Bayham for considering and determining of Appeals to the said Court of Revision to the Assessment of By-law#2005-065 will be held in Council Chambers at THE BAYHAM MUNICIPAL OFFICE in Straffordville on October 6, 2005 at 8:00 p.m. All notices of assessment appeal by an owner shall be served on the Clerk of the Municipality AT LEAST 10 DAYS PRIOR to the first sitting of the Court. Date of mailing. /6/4,5----- ,li ;id CL RK