- 2 2. That the City Engineer of the City do forthwith make such plans, profiles, and specifications and furnish such information as may be necessary for che making of a contract for the execution of the work. 3. The work shall be carried on and executed under the superintendence and according to the direction and orders of the said City Engineer. 4 The Mayor and Clerk of the City are authorized to cause a contract for the construction of the work to be made and entered into with some person or persons, firm or corporation, subject to the approval of the Council to be declared by resolution. 5. Upon completion of the execution and financing of the work the Treasurer shall submit to the Council a certified statement setting out the cost of the work and the cost shall be as so certified. 6. (a) The owners share or portion of the cost shall be $15.00 per foot of taxable foot-frontage of the parcels benefiting from or abutting on the work in accordance with the provisions of the "Local Improvement Charge By-law, 1969, No. 912" and shall be paid from the Lecal Improvement Fund of the City. (b) The annual charge for each foot of taxable foot~frentage to be specially charged against parcels benefiting from or abutting the work shall ke $2.50 fer ten years in accordance with the provisions of the "Local Improvement Charge By-law, 1969, No. 912" and shall be imposed in accordance with the provisions of Division (3) Part 1X of the Municipal Act and shall be paid into the Local Improvement Fund of the City. 7. The Collector shall prepare a frontage~tax assessment roll in accordance with the provisions of the “Local Improvement Charge By-law, 1969, No. 912" and shall sce to the completion of the procedures leading to certif- dcation of the said roll by the Court of Revision. 8. . The City's share of the coast of the work shall be the balance of the cost of tha work over and above the owners’ portion of the cost and shall be paid from the proceeds of the sale of debentures issued purauant to the borrowing authority granted by the Inspector of Municipalities. 9. This By-law may be cited for all purposer as the "Langan Avenue Pavement, Storm Sewer, and Conercta Curb, and Gutter Local Improvement Construction By-law, 1980, No. 1747", '