jswizzle3737/ontario_laws_and_regs huggingface dataset:
Application of proceeds of debentures
263. (1) The money received by the Metropolitan Corporation from the sale or hypothecation of any debentures to the extent that such money is required for the purpose or purposes for which the debentures were issued, and for the repayment of any outstanding temporary loans with respect thereto, shall be used only for such purpose or purposes. R.S.O. 1990, c. M.62, s. 263 (1). Idem (2) None of the money received by the Metropolitan Corporation from the sale or hypothecation of any debentures shall be applied towards payment of the current or other expenditures of the Metropolitan Corporation or an area municipality in the Metropolitan Area. R.S.O. 1990, c. M.62, s. 263 (2); 1996, c. 32, s. 78 (49). Surplus (3) Where on the sale of any debentures an amount is realized in excess of that required for the purpose or purposes for which the debentures were issued, the excess amount shall be applied, (a) if any such debentures are redeemable prior to maturity at the option of the Metropolitan Corporation, to redeem one or more of the debentures having the latest maturity date; or (b) to reduce the next annual levy on account of principal and interest payable with respect to such debentures; or (c) to reduce the amount of debentures to be issued for capital expenditures for which the issue of debentures has been approved by the Metropolitan Corporation, provided that the principal and interest charges of such debentures are levied upon the assessment of the same class of ratepayers as was levied upon for the principal and interest charges of the debentures with respect to which the excess arose. R.S.O. 1990, c. M.62, s. 263 (3); 1992, c. 15, s. 54; 1996, c. 32, s. 78 (50). Deficiency (4) Where on the sale of any debentures a deficiency in the amount required for the purpose or purposes for which the debentures were issued is sustained, the amount of such deficiency shall be added to the sum to be raised for the first annual payment of principal and interest with respect to the debentures and the levy made in the first year for such purpose or purposes shall be increased accordingly or shall be raised by the issue of other debentures for the same or any similar purpose or purposes. R.S.O. 1990, c. M.62, s. 263 (4); 1996, c. 32, s. 78 (51).
Use of proceeds of sale of asset acquired from proceeds of sale of debentures
264. Where real or personal property acquired out of money received by the Metropolitan Corporation from the sale or hypothecation of any debentures is disposed of by sale or otherwise, the net proceeds of such disposal shall be applied as an excess in accordance with subsection 263 (3) or may be applied to meet the whole or a portion of any capital expenditure the debt charges for which, if raised by taxation, would be raised by taxation levied upon the assessment of the same class of ratepayers as was levied upon for the principal and interest charges of the debentures issued in respect of the property disposed of or sold. R.S.O. 1990, c. M.62, s. 264; 1996, c. 32, s. 78 (52).
Tenders for debentures
265. When the Metropolitan Corporation intends to borrow money on debentures under this or any other Act, the Metropolitan Council may prior to the issue thereof call for tenders for the amount of money required and the person tendering shall specify the rate of interest the debentures shall bear when issued at par. R.S.O. 1990, c. M.62, s. 265.
Accounts, how to be kept
266. (1) The Metropolitan Council shall, (a) keep a separate account of every debt; (b) where the whole of the debt is not payable in the current year, keep in respect thereof, (i) an additional account for the interest, if any, and (ii) an additional account for the sinking fund or the instalments of principal, distinguished from all other accounts by a prefix designating the purpose for which the debt was contracted; and (c) keep the accounts so as to exhibit at all times the state of every debt, and the amount of money raised, obtained and appropriated for the payment of it. Consolidated interest account (2) The Metropolitan Council may by by-law provide and direct that instead of a separate account of the interest upon every debt being kept, a consolidated account of the interest upon all debts may be kept, but which consolidated account shall be so kept that it will be possible to determine therefrom the true state of the interest account upon every debt and that provision has been made to meet the interest upon every debt. R.S.O. 1990, c. M.62, s. 266.
Application of surplus money
267. If in any year after paying the interest and appropriating the necessary sum in payment of the instalments there is a surplus properly applicable to such debt, it shall so remain until required in due course for the payment of interest or in payment of the principal. R.S.O. 1990, c. M.62, s. 267.
Liability of members
268. (1) If the Metropolitan Council applies any money raised for a special purpose or collected for a sinking fund in paying current or other expenditure, the members who vote for such application are personally liable for the amount so applied, which may be recovered in any court of competent jurisdiction. Action by ratepayer (2) If the Metropolitan Council, upon the request in writing of a ratepayer of any area municipality, refuses or neglects for one month to bring an action therefor, the action may be brought by any such ratepayer on behalf of the ratepayer and all other ratepayers in the Metropolitan Area. Disqualification (3) The members who vote for such application are disqualified from holding any municipal office for two years. R.S.O. 1990, c. M.62, s. 268.
Refinancing of debentures
269. When, by or under the authority of this Act, the Metropolitan Corporation is or becomes liable for the payment to an area municipality of all amounts of principal and interest becoming due upon any outstanding debentures issued by the area municipality, the Metropolitan Corporation may, (a) cancel all such debentures that have not been sold and issue new debentures of the Metropolitan Corporation in substitution and exchange therefor and apply the proceeds for the purposes for which such debentures were issued; (b) arrange with the area municipality for the redemption of all such debentures as are redeemable and issue new debentures of the Metropolitan Corporation to raise the money required for such redemption; (c) purchase, by agreement with the owner or owners thereof, all such debentures of a single issue of the area municipality, and issue new debentures of the Metropolitan Corporation to raise the money required to complete such purchase. R.S.O. 1990, c. M.62, s. 269; 1996, c. 32, s. 78 (53, 54). Note: Effective January 1, 1998, Part XVIII (sections 270 to 289) is repealed. See: 1997, c. 2, ss. 28 (1), 31 (2). PART XVIII   GENERAL
Emergency response services
270.1 The Metropolitan Council and area municipalities may pass by-laws and enter into agreements to establish and operate a centralized communication system either alone or with other persons, municipalities, including regional, district or metropolitan municipalities or the County of Oxford, or local boards to provide emergency response services. 1992, c. 15, s. 55.
Expenses for diffusing information
271. The Metropolitan Council may expend in any year such sum as it may determine for the purpose of diffusing information respecting the advantages of the municipality as an industrial, business, educational, residential or vacation centre. R.S.O. 1990, c. M.62, s. 271.
Entertainment and travelling expenses
272. The Metropolitan Council may expend in any year such sum as it may determine for the purposes set out in section 257 of the Municipal Act. R.S.O. 1990, c. M.62, s. 272.
Agreement for emergency call system
273. (1) The Metropolitan Corporation may enter into an agreement with the Ontario Motor League or any similar organization for the provision and maintenance of an emergency call system on any metropolitan road. Terms and conditions (2) An agreement entered into under subsection (1) may be for such period and on such terms and conditions as may be thought proper. R.S.O. 1990, c. M.62, s. 273.
Assumption of costs of fire boat
274. The Metropolitan Corporation may assume the whole or any part of the capital and operating costs of the fire boat and the marine fire boat station of the City of Toronto. R.S.O. 1990, c. M.62, s. 274.
Undue noise from motor vehicles
275. The Metropolitan Corporation may pass by-laws prohibiting the driving or operating of motor vehicles in the Metropolitan Area that create undue noise and for the purposes of any such by-law may define the expressions motor vehicles and undue noise. R.S.O. 1990, c. M.62, s. 275.
Payment of damages to employees
276. Where in an action or by the settlement of a claim arising out of an injury to an employee, including a member of the Metropolitan Police Force, or to any person deemed an employee for the purposes of the Workers’ Compensation Act the Metropolitan Corporation recovers damages from a third person, such damages or any portion thereof may be paid to such employee or person or, in the event of his or her death, to one or more of his or her dependants upon such terms and conditions as the Metropolitan Corporation may impose. R.S.O. 1990, c. M.62, s. 276.
Investigation by judge of charges of malfeasance
277. (1) Where the Metropolitan Council passes a resolution requesting a judge of the Ontario Court (General Division) to investigate any matter relating to a supposed malfeasance, breach of trust or other misconduct on the part of a member of the Metropolitan Council, or an officer or employee of the Metropolitan Corporation, or of any person having a contract with it, in regard to the duties or obligations of the member, officer, employee or other person to the Metropolitan Corporation, or to inquire into or concerning any matter connected with the good government of the Metropolitan Corporation or the conduct of any part of its public business, including any business conducted by a local board of the Metropolitan Corporation, the judge shall make the inquiry and for that purpose has the powers of a commission under Part II of the Public Inquiries Act, which Part applies to the inquiry as if it were an inquiry under that Act, and he or she shall, with all convenient speed, report to the Metropolitan Council the result of the inquiry and the evidence taken. Engaging counsel (2) The Metropolitan Council may engage and pay counsel to represent the Metropolitan Corporation, and may pay all proper witness fees to persons summoned to give evidence at the instance of the Metropolitan Corporation, and any person charged with malfeasance, breach of trust or other misconduct, or whose conduct is called in question on such investigation or inquiry, may be represented by counsel. R.S.O. 1990, c. M.62, s. 277. 278. REPEALED: 1996, c. 32, s. 78 (55).
Engaging counsel
278. REPEALED: 1996, c. 32, s. 78 (55).
Entry on highways, etc.
279. The Metropolitan Corporation for its purposes may enter, break up, dig and trench in, upon and under the highways, lanes and other public communications of any area municipality and may construct and maintain therein pipes, sewers, drains, conduits and other works necessary for its purposes, without making compensation therefor, but all such highways, lanes and other public communications shall be restored to their original condition without unnecessary delay. R.S.O. 1990, c. M.62, s. 279.
Agreements re services
280. The Metropolitan Corporation and any area municipality may enter into agreements for the use within any part of the Metropolitan Area of the services of their respective officers, employees and equipment. R.S.O. 1990, c. M.62, s. 280.
Joint liability insurance
281. The Metropolitan Corporation and one or more area municipalities may enter into agreements for obtaining insurance protecting the Metropolitan Corporation, the area municipalities or any of them, their respective local boards, the members of their respective councils and local boards, and officers and employees of such municipal corporations and local boards against risks that may involve loss or liability, and may establish and contribute to a fund in connection with such insurance on such terms and conditions as may be agreed. R.S.O. 1990, c. M.62, s. 281.
Application of Assessment Act
282. (1) For the purposes of paragraph 9 of section 3 and section 27 of the Assessment Act, the Metropolitan Corporation shall be deemed to be a municipality. Metropolitan Corporation and area municipalities not deemed tenants (2) For the purposes of paragraph 9 of section 3 of the Assessment Act, where property belonging to the Metropolitan Corporation is occupied by an area municipality or where property belonging to an area municipality is occupied by the Metropolitan Corporation or another area municipality, the occupant shall be deemed not to be a tenant or lessee, whether rent is paid for such occupation or not. Definitions (3) In subsection (2), “Metropolitan Corporation” and “area municipality” include a local board thereof. R.S.O. 1990, c. M.62, s. 282.
Conditional powers
284. The Lieutenant Governor in Council, upon the recommendation of the Municipal Board, may authorize the Metropolitan Corporation to do all such acts or things not specifically provided for in this Act that are considered necessary or advisable to carry out effectively the intent and purposes of this Act. R.S.O. 1990, c. M.62, s. 284.
Conflict with other Acts
285. (1) This Act applies despite any general or special Act and, in the event of any conflict between this Act and any general or special Act, this Act prevails. Exception (2) Despite subsection (1) and section 209, subsection 24(5) of the Building Code Act prevails. R.S.O. 1990, c. M.62, s. 285.
Areas re hydro
286. (1) Despite anything in the Power Corporation Act or in the Public Utilities Act or in any other special or general Act, the whole of the City of Scarborough, the whole of the City of North York and the whole of the City of Etobicoke shall each be deemed to be an area established under subsection 70 (1) of The Power Commission Act, being chapter 300 of the Revised Statutes of Ontario, 1960, and The Public Utilities Commission of the City of Scarborough, The Hydro-Electric Commission of the City of North York and The Hydro-Electric Commission of the City of Etobicoke shall each be deemed to have been established for the whole of the said respective areas. Assent of electors (2) If any of such corporations desire to enter into a contract with Ontario Hydro for the supply of electrical power or energy for the use of the municipality and inhabitants thereof, the assent of the municipal electors is not necessary. Application of Power Corporation Act (3) Subject to this section and where not inconsistent therewith, Part II of the Power Corporation Act shall be deemed to apply to each of such commissions and areas. R.S.O. 1990, c. M.62, s. 286.
Municipal buildings
287. (1) The Metropolitan Corporation or an area municipality or the Metropolitan Corporation and one or more area municipalities, (a) may acquire land for the purposes of constructing municipal buildings; and (b) may construct municipal buildings for the use of the Metropolitan Corporation or the Metropolitan Corporation and one or more area municipalities. Application of Municipal Act (2) Section 124 of the Municipal Act applies with necessary modifications to any joint undertaking under this section. R.S.O. 1990, c. M.62, s. 287.
Municipal parking lots
288. (1) The Metropolitan Corporation shall be deemed to be a municipality for the purposes of paragraphs 55 and 56 of section 207 of the Municipal Act. Agreements authorized (2) The Metropolitan Corporation and The Corporation of the City of Toronto may enter into an agreement to provide for the operation by The Parking Authority of Toronto of any or all of the parking lots of the Metropolitan Corporation or the parking authority established by the Metropolitan Corporation. R.S.O. 1990, c. M.62, s. 288.
Deemed city
289. For the purpose of section 128 of the Highway Traffic Act, the Borough of East York shall be deemed to be a city. R.S.O. 1990, c. M.62, s. 289. SCHEDULE (spent) ______________ Français