THE REGIONAL MUNICIPALITY OF PEEL
 
BY-LAW NUMBER 1-2012
 

A by-law to impose a special charge upon the owners of lands who will or may derive a benefit from the construction of a watermain on Mississauga Road, City of Mississauga, Ward 8.


WHEREAS the Council of the Regional Corporation enacted By-law 34-2006 on the 6th day of July, 2006 to authorize the construction of the works under Project 05-1705 as a local improvement at a total cost of $239,928.85;

AND WHEREAS, the Treasurer of the Regional Corporation has certified the local improvement roll attached as Schedule “A” to this by-law;

NOW THEREFORE, the Council of the Regional Corporation enacts as follows:

  1. The amount specially charged on each lot set out in the local improvement roll in Schedule “A” is sufficient to raise that lot’s share of the cost in 15 annual payments.

  2. A special charge shall be imposed in each year on each lot included in Schedule “A” equal to the amount of the payment payable in that year.

  3. The number of annual payments permitted by this by-law does not exceed the lifetime of the works.

  4. Notwithstanding the annual payment amount entered in the local improvement roll, an owner of a lot may make two or more annual payments to be commuted for a single payment equal to the present value of the annual payments, and the number of annual payments reduced accordingly.


READ THREE TIMES AND PASSED IN OPEN COUNCIL this 12th day of January, 2012.

C.Reid
________________________

Regional Clerk

E. Kolb
______________________

Regional Chair

 

Schedule A to By-law 1-2012

Local Improvement Watermain on Mississauga Road, City of
Mississauga, Ward 8
Project 05-1705

 

Assessment Roll No

 

Property Description

Actual Frontage (metres)

Assessed Frontage (metres)

       
2105060131087000000 2681 Mississauga Road
RANGE 2 SDS PT LOT 3
56.90
56.90
2105060131088000000 2701 Mississauga Road
RANGE 2 SDS PT LOT 3
39.30
39.30
2105060131088100000 2725 Mississauga Road
RANGE 2 SDS PT LOT 3
85.60

61.00

2105060130168320000 2610 Mississauga Road
PT BLK 31 PL 43M645 DES PTS 1,7 PL 43R18823
29.74
29.74
2105060130168330000 2620 Mississauga Road
PT BLK 31 PL 43M645 DES PTS 2,6 PL 43R18823
30.41

30.41

2105060130168340000 2630 Mississauga Road
PT BLK 31 PL 43M645 DES PTS 3, 4, 5 PL 43R18823
40.29

39.96