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1996-125 To Regulate the Distribution and use of Water in all Places where and for all purposed for which is may be required and fix the prices for the use thereof and the time of payment THE CORPORATION OF THE TOWNSHIP OF ORO-MEDONTE BY-LAWNUMBER96- 125 WHEREAS Section 8 of the Public Utilities Act, Chapter P,52, R,S,O, 1990, authorizes Council to regulate the distribution and use of water in all places where and for all purposes for which it may be required and fix the prices for the use thereof and the time of payment; AND WHEREAS there may be agreements with respect to waterworks systems; AND WHEREAS Council of the Township of Oro-Medonte has adopted the current year estimates; NOW THEREFORE, Council of The Corporation of the Township ofOro-Medonte enacts as follows: 1. That the rate shall be imposed against the ratepayers serviced by the Horseshoe Valley - Medonte, Zone I, waterworks system, including Plans 1531, MlO, MIl, and M23, for the supply of water; 2, That the rate shall be an annual flat rate for the calendar year and shall be billed annually. The rate shall be pro-rated for new units, based on assessment information; 3. That the residential rate for the year, if paid by the due date, shall be $ 200,00; 4. That the residential rate for the year, if not paid by the due date, shall be $ 220.00; 5. That the rate for Pine Ridge Ski Club shall be based on six times the residential rate and the commercial rate for the year shall be based on an equivalent number of residential users; 6, That the due date for 1996 shall be October 28, 1996; 7. That the rate section of any By-Law of the former Township of Medonte that is in effect for this waterworks system is hereby repealed; and, 8, That this By-Law shall take effect as of January 1, 1996. READ a first and second time this 18th day of December, 1996, READ a third time and finally passed this 18th day of December, 1996, THE CORPORATION OF THE TOWNSHIP OF ORO-MEDONTE ~;f~ CLE LYNDA AIKEN II ~