Loading...
HomeMy WebLinkAboutJune 05, 2025 - Council - AddendumTHE CORPORATION OF THE MUNICIPALITY OF BAYHAM COUNCIL MEETING ADDENDUM Thursday, June 5, 2025 13.2 C Report TR-14/25 by Lorne James, Treasurer re Banking Services Agreement 13.2 D Report TR-15/25 by Lorne James, Treasurer re Municipal Auditor Appointment 13.2 E Report CAO-27/25 by Thomas Thayer, CAO re Letter of Support – Health and Safety Water Stream (HSWS) 13.2 F Report CAO-28/25 by Thomas Thayer, CAO re Site Plan Agreement – 1708804 Ontario Inc. (o/a Tito’s Pizza) – 6231 Plank Road, Vienna (Application No. SPA- 04/25) 14 B By-law No. 2025-043 Being a by-law to authorize a banking services agreement between The Corporation of the Municipality of Bayham and RBC Royal Bank 14 C By-law No. 2025-044 Being a by-law to appoint a municipal auditor for the Municipality of Bayham REPORT TREASURY DEPARTMENT TO: Mayor & Members of Council FROM: Lorne James, Treasurer DATE: June 5, 2025 REPORT: TR-14/25 SUBJECT: BANKING SERVICES AGREEMENT BACKGROUND It is the Municipality’s best practice to review its banking services agreement on a regular basis. The goals are to obtain updated, competitive pricing information; to re-evaluate the best overall services, both existing and optional; and, to explore new technologies and services that might not have been available previously. Banking services and technologies have evolved over the years and the Municipality may wish to take advantage of the these innovations to enhance customer service by offering a variety of payment channels for taxes, utilities, etc., and to increase transaction processing efficiency that will reduce costs, transaction error, and to promote greater security. At its January 16, 2020 meeting, Council adopted By-law No. 2020-001 to formalize a banking services agreement with Royal Bank of Canada (RBC) as an extension to an existing relationship. The banking services agreement was on a five-year team. DISCUSSION The five-year term lapsed on April 30, 2025. Since that time, staff have been working towards a potential new agreement with RBC. RBC is the current bank provider. RBC provides a broad range of retail banking, wealth management, and investment banking products. Pricing and fees:  All basic banking and transaction fees will be waived (Lowest in cost) Technology and solutions/Security and Fraud Protection:  EDI services, records all online payments for tax and utility into two separate batch files to be uploaded into accounting system.  Disaster recovery program/plan  Mobile App (Apple, Android) that allows for viewing of information, transfer of funds, approve payments and transfers  Integration/compatible with our current accounting software Interest on operating account:  Prime less 1.76% calculated on daily balance. Potential additional interest revenue of $25,000 based on $7,000,000 balance Borrowing Facilities:  Line of credit: Prime less 0.25%  Credit card: $50 annual fee, US credit card for $24 in yearly fees Proximity:  Cheque and cash deposits can be done at Tillsonburg. Night deposit box is setup at Simcoe, Aylmer, and Tillsonburg. RBC has been the financial institution for many years. The Municipality has had strong working relationship with Megan Causyn and her staff at RBC. The relationship between RBC and municipality is invaluable as RBC has been a trusted advisor for years, handling our day to day banking needs, short term investments, revolving line of credit and credit card facilities. Staff have conducted a review and RBC fees represent a substantial savings over switching to TD Bank or BMO in addition to staff time that is currently not available to handle a change-over. RBC has proposed a five-year service agreement with fees to be unchanged over the term of agreement. Staff recommend proceeding with a new five-year banking services agreement with RBC. The Municipality’s cost controls will not be impacted, and staff anticipate no interruption for services or payments. If approved by Council, the new five-year term would expire on May 31, 2030. STRATEGIC PLAN 3.2: Quality of Governance > To continually demonstrate financial responsibility to the community. Initiative(s): Not Applicable RECOMMENDATION 1. THAT Report TR-14/25 re Banking Services Agreement be received for information; 2. AND THAT Council of the Corporation of The Municipality of Bayham accepts the banking services proposal from Royal Bank of Canada (RBC) on a five-year term, expiring on May 31, 2030; 3. AND THAT the appropriate authorizing by-law be presented to Council for enactment. Respectfully submitted: Reviewed by: Lorne James, CPA, CA Thomas Thayer, CMO, AOMC Treasurer Chief Administrative Officer REPORT TREASURY DEPARTMENT TO: Mayor & Members of Council FROM: Lorne James, Treasurer DATE: June 5, 2025 REPORT: TR-15/25 SUBJECT: MUNICIPAL AUDITOR APPOINTMENT BACKGROUND The appointment for the municipal auditor, Graham Scott Enns LLP, has concluded at the end of 2024 fiscal year end. Council is required to appoint a Municipal Auditor commencing with the 2025 fiscal year. The Auditor is independent and reports directly to Council in regards to the financial health of the Municipality. DISCUSSION It is common practice to appoint an auditor for a three- to five-year term. Graham Scott Enns LLP has been the municipal auditor since amalgamation. Staff requested Rob Foster, engagement partner, to present a five-year audit proposal service for annual audit costs and staff billing rates for service. Proposal provided for audit services is to complete the 2025 core audit for $18,640, 2026 for $19,010, 2027 for $19,580, 2028 for $20,170 and 2029 for $20,775. The Treasurer has prior years of experience in public audit and reviewing engagement of similar size of financial and municipal population. The Treasurer has found the fees quoted to be fair and substantially below recent public tendering of audit engagement services. Staff and Council have a long-standing working relationship with the municipal auditor, Graham Scott Enns LLP. Appointment of same would ensure continuity of service at a level known to and expected by Council. The fee schedule attached reflects only inflationary increases over 2024 fees. If approved by Council, the new five-year term would expire on January 1, 2030. STRATEGIC PLAN 3.2: Quality of Governance > To continually demonstrate financial responsibility to the community. Initiative(s): Not Applicable ATTACHMENTS 1. Proposal and Fees, Rob Foster, Graham Scott Enns LLP, dated June 2, 2025 RECOMMENDATION 1. THAT Report TR-15/25 re Municipal Auditor Appointment be received for information; 2. AND THAT the Council of The Corporation of the Municipality of Bayham accepts the proposal and fees submitted by Graham Scott Enns, LLP for municipal auditor services for 2025 to 2029 inclusive; 3. AND THAT the appropriate appointment by-law be presented to Council for enactment. Respectfully submitted: Reviewed by: Lorne James, CPA, CA Thomas Thayer, CMO, AOMC Treasurer Chief Administrative Officer June 2, 2025 Lorne James, Treasurer Municipality of Bayham 56169 Heritage Line, PO Box 160 Straffordville, ON N0J 1Y0 Dear Lorne: We would like to thank you for the opportunity to provide a proposal of our expected audit fees over the next five-year period. As you know, we have worked with the Municipality of Bayham for a number of years and in conjunction with your Treasurer, have developed audit techniques that are efficient and effective for the size of the Municipality. We do not foresee any significant changes in the audit requirements for municipalities in the upcoming five years and even with salary inflationary pressures within our industry ranging in the 4% to 6%, we believe we can continue to provide the core audit with a minimal annual inflation factor of 2% in year one and two and 3% in years three to five. For further clarity, we would then propose to complete the 2025 core audit for $18,640, 2026 for $19,010, 2027 for $19,580, 2028 for $20,170 and 2029 for $20,775. These fees are based on the assumption we receive a full set of working papers supporting balances in both the statement of financial position and the major areas of taxation, amortization and government grants similar to the prior year. This fee does not include the preparation of the Financial Information Return or any other audited schedules required for funding or other needs. Any work required outside the normal scope of the audit would be discussed with management before work begins and a reasonable fee structure would be set out and agreed to by both parties. Our hourly rate would range from $100 to $300 an hour depending on the skill set of the staff required for the project. It has been our experience that most of these projects average in the range of $130 to $155 per hour. Please feel free to contact us should you require any further information or wish to discuss our proposal further. We thank management and council again for this opportunity to continue providing the audit services you have come to expect and rely on. Yours Truly Graham Scott Enns LLP Robert Foster Robert Foster, CPA, CA Partner REPORT CAO TO: Mayor & Members of Council FROM: Thomas Thayer, Chief Administrative Officer DATE: June 5, 2025 REPORT: CAO-27/25 SUBJECT: LETTER OF SUPPORT – HEALTH AND SAFETY WATER STREAM (HSWS) BACKGROUND The Health and Safety Water Stream (HSWS) will help municipalities and First Nations build, expand, or rehabilitate aging water, wastewater, stormwater, flood, and erosion infrastructure. The intent is to fund projects that will help preserve the current housing supply and protect communities during extreme weather events. HSWS is providing $175 million in funding under the Municipal Housing Infrastructure Program. Municipalities and public-sector bodies are eligible to apply. Eligible projects must meet the following requirements:  protect or maintain housing units that are otherwise compromised by health and safety risks  demonstrate that they will create climate resiliency and adaptation  be new construction, rehabilitation or expansion  have not started construction  have a clear start and end date  start no later than June 30, 2026  include a capital component and may also include pre-construction planning and design work  be in the process of, or completed, the design and planning phase Municipalities may apply for up to 73 percent of eligible project costs. Municipalities would be required to fund all remaining project costs. If successful, municipalities Recipients may stack other federal and municipal funding to fund the remaining 27 percent minimum recipient contribution. The onus would be on recipient municipalities to determine if federal funding can be used towards the project being submitted to the HSWS. The application deadline is June 26, 2025, and projects have to be substantially complete by March 31, 2029. DISCUSSION The Municipality of Bayham is a joint partner with the Municipality of Central Elgin and the Township of Malahide on the Port Burwell Area Secondary Water Supply System (PBASWSS). The PBASWSS is managed by the Board of Management, with Malahide being the administering municipality. The transmission main that feeds into the Bayham Water System, which services Port Burwell and Vienna, runs in from Malahide along Nova Scotia Line. Since 2019, the transmission main has been the subject of four failures affecting the water system in Bayham. The most recent was in early 2023 and has resulted in significant discussion at the municipal and Board levels regarding the condition of a 7-kilometre stretch of the transmission main, and the costs associated with its rehabilitation. In 2023, Council received Report PS-07/24 re Port Burwell Area Secondary Water Supply System - Pipeline Desktop Condition Assessment Report. The Report included a report received by the Board of Management (PBASWSS-24-06) advising that the cost to rehabilitate the identified stretch of the transmission main was approximately $21 million, with $13.2 million (2024 figures) being Bayham’s estimated portion, based upon Bayham’s usership on the system. The transmission main was added to the 2024-2033 Capital Budget as Capital Item No. W-10, which is currently slated to be a 2028 project, which means costs may inflate before then. At the time of this Report, Bayham’s total potential debt capacity is approximately $23.5 million. Should Bayham have to pay its full portion without external subsidization or support, the $13.2 million allocation represents 56 percent of Bayham’s total debt service, which would have to be recouped through higher general water rates for Bayham water system users. At its February 6, 2025 meeting, Council received Report CAO-04/25 re Letter of Support – Canada Housing Infrastructure Fund (CHIF). The CHIF is a Federal program providing up to 50 percent funding for key infrastructure projects. Council motioned to provide a Letter of Support for a joint application to the Canada Housing Infrastructure Fund (CHIF) for the rehabilitation of the Port Burwell Area Secondary Water Supply System’s transmission main on Nova Scotia Line. Malahide and Central Elgin were also party to this application. Under the HSWS, eligible water-related programs include:  treatment plants  reservoirs  local pipes, including the distribution system watermain and the applicant portion of service lines  pump stations The Port Burwell Area Secondary Water Supply System’s transmission main on Nova Scotia Line fits the eligible program list and as such, Bayham, Malahide, Central Elgin have commenced discussion around another joint application for this project. The HSWS is stackable with the CHIF grant if we are successful with both, which will decrease the amount payable by Bayham to this important rehabilitation. It also increases the odds of being awarded funding for this project if we are only successful with one of the two programs. The HSWS also encourages joint applications between multiple eligible applicants. Bayham, Malahide and Central Elgin all qualify as eligible. Malahide staff have volunteered to lead the application process as the PBASWSS administering municipality. Bayham and Central Elgin will be providing integral support to ensuring application completeness. As a key component of the application, staff from each participating municipality are seeking a Letter of Support from their respective councils for the application. It is expected the PBASWSS Board of Management will also be considering this request at their June 18, 2025 meeting. Staff note that each municipality is allow to submit only one application under the HSWS program. If Bayham chooses to submit a joint application with Malahide and Central Elgin as a part of the PBASWSS Board of Management, the submission would be counted as our only application. Staff recommend that Council support an application to the HSWS for the rehabilitation of the 7- kilometre stretch of the PBASWSS transmission main, and that the Mayor prepare and sign a Letter of Support to that effect. STRATEGIC PLAN 3.2: Quality of Governance > To continually demonstrate financial responsibility to the community. Initiative(s): Actively seek and apply for grants to support operational and capital projects 3.3: Quality of Governance > To strategically engage in partnerships, joint ventures and other collaborative activities that leverage the Municipality’s resources and capabilities in order to achieve enhanced efficiencies and benefits for the community and its residents. Initiative(s): Not applicable RECOMMENDATION 1. THAT Report CAO-27/25 re Letter of Support – Health and Safety Water Stream (HSWS) be received for information; 2. AND THAT the Council of The Corporation of the Municipality of Bayham supports Bayham’s participation in a joint application to the Health and Safety Water Stream (HSWS) for the rehabilitation of the Port Burwell Area Secondary Water Supply System’s transmission main on Nova Scotia Line; 3. AND THAT the Mayor be authorized to prepare and sign a Letter of Support from Bayham for the HSWS application. Respectfully Submitted by: Thomas Thayer, CMO, AOMC Chief Administrative Officer REPORT CAO TO: Mayor & Members of Council FROM: Thomas Thayer, Chief Administrative Officer DATE: June 5, 2025 REPORT: CAO-28/25 SUBJECT: SITE PLAN AGREEMENT – 1708804 ONTARIO INC. (O/A TITO’S PIZZA) – 6231 PLANK ROAD, VIENNA (APPLICATION NO. SPA-04/25) BACKGROUND At its February 6, 2025 meeting, Council adopted By-law No. 2025-008, Site Plan Control By- law for the Municipality of Bayham. The CAO’s delegated authority is assigned under Section 6(1) of By-law No. 2025-008. On May 9, 2025, a Site Plan Control Application was submitted by 1708804 Ontario Inc., operating as Tito’s Pizza, requesting a Site Plan Agreement for the property known municipally as 6231 Plank Road in Vienna. The application was deemed completed by Planning staff on May 23, 2025. DISCUSSION Site Plan Control was required due to a change of use in an existing structure in the Central Business District “C1” zone in Vienna. The intent of the Site Plan application was to pave the abutting parking lot; confirm lot drainage and slopes; and, identify snow storage, parking spaces, flow of traffic and a garbage receptacle location on the property. Staff reviewed the complete application with no concerns noted in respect of Municipal policies and practices. There were no concerns noted by Elgin County in respect of the existing access onto Plank Road. The Site Plan Agreement was executed by all parties on May 30, 2025. As the CAO is the delegated authority for Site Plan Control approval, this information is provided for informational purposes only. STRATEGIC PLAN Not applicable. ATTACHMENTS 1.Site Plan Control Application – 1708804 Ontario Inc. (o/a Tito’s Pizza), 6231 Plank Road, Vienna 2.Agreement between The Corporation of the Municipality of Bayham and 1708804 Ontario Inc. (o/a Tito’s Pizza), 6231 Plank Road, Vienna RECOMMENDATION 1.THAT Report CAO-28/25 re Site Plan Agreement – 1708804 Ontario Inc. (o/a Tito’s Pizza) – 6231 Plank Road, Vienna (Application No. SPA-04/25) be received for information. Respectfully Submitted by: Thomas Thayer, CMO, AOMC Chief Administrative Officer THE CORPORATION OF THE MUNICIPALITY OF BAYHAM BY-LAW NO. 2025-043 A BY-LAW TO AUTHORIZE THE EXECUTION OF AN AGREEMENT BETWEEN THE MUNICIPALITY OF BAYHAM AND RBC ROYAL BANK FOR THE PROVISION OF BANKING SERVICES WHEREAS the Council of the Corporation of the Municipality of Bayham is desirous of entering into an agreement for provision of banking services. THEREFORE THE COUNCIL OF THE CORPORATION OF THE MUNICIPALITY OF BAYHAM ENACTS AS FOLLOWS: 1. THAT the Mayor and Treasurer be and are hereby authorized to execute the Agreement between the Municipality of Bayham and RBC Royal Bank for the provision of banking services; 2. AND THAT this by-law shall come into full force and effect on the 1st day of June, 2025. READ A FIRST, SECOND AND THIRD TIME AND FINALLY PASSED THIS 5TH DAY OF JUNE, 2025. ______________________ ___________________ MAYOR CLERK Megan Causyn Relationship Manager, Commercial Financial Services Royal Bank of Canada 121 Broadway Street Tillsonburg, Ontario, N4G 3P7 519-842-6944 May 29, 2025 Edward Ketchabaw The Corporation of the Municipality of Bayham 56169 Heritage Line Straffordville, Ontario, N0J 1Y0 Dear Edward; Re: Negotiated Deposit Interest Rates and Service Fees Royal Bank of Canada (“RBC”) is currently providing the The Corporation of the Municipality of Bayham (Municipality of Bayham) the services listed in Schedules “A” and “B” attached. The current pricing and interest rates for these services expired on April 30, 2025. RBC would be pleased to continue to provide these services for an additional 5 years, commencing on June 01, 2025 and ending on May 31, 2030. Our proposal is based on your historical 12-month average account balances and levels of activity, as well as the expectation that these will continue. Should the average account balances and/or levels of activity vary by more than 20% from current levels on a 12-month basis, either party shall have the right to request amendments to this pricing and interest agreement. Each of the Municipality of Bayham and RBC has the right to terminate this agreement upon 90 days’ prior written notice to the other party. Termination shall not affect the rights, obligations, and/or remedies of each party hereto accrued to the date of termination notwithstanding the termination provision set out in the Schedule “A” Deposit Interest Agreement attached. This agreement amends, terminates, and replaces all prior agreement(s) between RBC and the Municipality of Bayham with respect to the pricing and rates of the services listed in Schedules “A” and “B” only. This agreement does not replace any agreement the Municipality of Bayham may have with RBC with respect to any other subject matter which continue to apply. Any new services introduced during the proposed new term will be negotiated separately and will be considered supplemental hereto. PAGE 2 In addition to the services currently being used, we will continue to introduce alternative banking solutions to the Municipality of Bayham that have the potential to further reduce administrative costs, improve efficiencies and minimize the risk of potential exposure to fraudulent activity. We would like to thank you for choosing RBC to be your provider of banking services. We value your business and look forward to our continued relationship. If you have any questions, do not hesitate to contact me. Please provide your agreement to and acceptance of our offer by signing below and initialing Schedules “A” and “B”. Return a copy of this agreement to RBC at the address set out above. Yours truly, Royal Bank of Canada By: Megan Causyn Relationship Manager, Commercial Financial Services Accepted and Agreed by: THE CORPORATION OF THE MUNICIPALITY OF BAYHAM Per: Name: Title: Per: Name: Title: Please note the information contained in this letter agreement is confidential information of RBC and you are not permitted to share it with any person without our prior written consent. PAGE 3 The Corporation of the Municipality of Bayham Effective June 01, 2025 SCHEDULE “A” DEPOSIT INTEREST AGREEMENT Deposit Interest Arrangement This interest arrangement applies to the following CAD Account(s): Existing Arrangement The deposit interest arrangement calculates interest on the average monthly balance (AMB) in the Account, using the average Royal Bank Prime (RBP) as a reference rate. Interest is calculated on the interest-bearing balance at a rate of RBP - 1.76%. The arrangement is not changing. Definitions "Account" means each current account, CAD or USD, referenced in this Schedule "A" "Average Monthly Balance" or "AMB" is the average of the daily closing credit balances for the month. "Interest Bearing Balance" or "IBB" is the gross balance less compensating balance and/or float if applicable. "Royal Bank Prime" or "RBP" is the annual rate of interest announced by us from time to time as a reference rate then in effect for determining interest rates on Canadian Dollar commercial loans in Canada. The average RBP is determined each month by dividing the aggregate daily RBP for the month by the number of days in that month. All interest rates herein are annual interest rates. All interest calculations herein are simple interest calculations. Terms and Conditions For arrangements that use either the RBP, USBR or USTBR as a reference rate, interest is paid directly to your account on the second business day of each month, backdated to the first. All reference rates are available upon request and are posted in our branch and/or on our website. Unless otherwise expressly indicated herein, we may change the interest rate(s) indicated above, including, without limitation, any reference rate(s) used to calculate such interest rate(s), at any time by providing you with at least thirty (30) days’ prior notice. We may also at any time, at our sole discretion and upon at least thirty (30) days’ prior notice, charge interest on deposits to the Account(s). Transit #:Account #: 05102 1011923 05102 1010685 PAGE 4 Unless we agree otherwise in writing, you confirm and agree that funds deposited into the Account(s) are not being invested on behalf of any third party, and do not belong to and are not for the benefit of any third party (“Third Party Funds”). If we have not agreed in writing, you agree to advise us should any Third Party Funds be deposited into any Account and we reserve the right, at our discretion and without notice, to pay interest at a rate or rates different than the rate(s) indicated above, for such periods of time as we may choose at our discretion, on any Third Party Funds that are deposited into the Account(s). You agree to advise us by (i) 10:00 a.m. Pacific Time if your Account is located in Pacific or Mountain time zones; or (ii) 11:00 a.m. Eastern Time if your Account is located in any other time zone, on the same business day of any fluctuations that would cause your end of day balance to increase or decrease by CAD/ USD (based on currency of the Account) twenty-five million dollars ($25,000,000.00) or more (“Fluctuations”). We reserve the right, at our discretion and without notice, to pay interest at a rate or rates different than the rate(s) indicated above, for such periods of time as we may choose at our discretion, on any funds that were deposited into the Account(s) as a result of Fluctuations, whether advised or not. Should it be necessary to use a different rate or rates, then the amount of interest to be paid will be determined by multiplying the revised rate or rates by the amount of funds that were deposited into the Account(s) as a result of the Fluctuations (or the amount of any remaining funds, if a portion of the funds have been withdrawn) for the number of days that such funds (or remaining funds) remain in the Account(s). We reserve the right, at our discretion and without notice, to pay interest at a rate or rates different than the rate(s) indicated above on an amount equal to the difference between any funds that were withdrawn from the Account(s) as a result of unadvised Fluctuations and CAD/USD (based on currency of the Account) twenty-five million dollars ($25,000,000.00) (“Difference”). Should it be necessary to use a different rate or rates, then the amount of interest to be paid on the Difference will be determined by multiplying the revised rate or rates by the amount equal to the Difference for one day. We may at any time, at our discretion and without notice, refuse any deposit to any Account, impose a cap on the amount of funds in any Account, or refuse to process any instruction, Instrument, request, communication, or other document, for any reason in accordance with our policies, procedures, or guidelines. This agreement is in addition to any other services we may have with you concerning the Account(s). This agreement constitutes a service material or service agreement under the Master Client Agreement for Business Clients, Financial Services Agreement, or the Business Services Agreement, as applicable (each, a “Master Agreement”) between you and us. All provisions of the Master Agreement apply to this agreement as if they were contained in this agreement, unless expressly excluded or modified herein. If there is any inconsistency between the Master Agreement and this agreement, this agreement will prevail to the extent of any inconsistency for this deposit interest arrangement. These arrangements commence on June 01, 2025, and supersede and replace any prior arrangements for the payment of interest on your Account(s). Unless otherwise expressly indicated herein, we may terminate or change any part of these arrangements at any time by providing you with notice at least thirty (30) days’ prior to the effective date of termination or the change. “We", "us", and "our" means Royal Bank of Canada. "You" and "your" means each account holder to whom this document is addressed. "We", "us", and "our" means Royal Bank of Canada. "You" and "your" means each account holder to whom this document is addressed. PAGE 5 Initials: The Corporation of the Municipality of Bayham Effective June 01, 2025 SCHEDULE “B” BANKING SERVICE FEES ACCOUNTS AND SERVICES MONTHLY VOLUME CURRENT PRICE CURRENT TOTAL PROPOSED PRICE PROPOSED TOTAL CURRENT ACCOUNT (FL) ACC # 05102 1010685, 05102 1011923, 05102 1011956 # ELECTRONIC DEBITS 11 Waived Waived # ELECTRONIC DEPOSITS/CREDIT 314 Waived Waived # REGULAR CHEQUES/DEBITS 56 Waived Waived # REGULAR DEPOSITS/CREDITS 9 Waived Waived # ITEMS ON DEPOSIT 163 Waived Waived AMT OF CASH DEP-ATM Waived Waived AMT OF CASH DEP-IN BRANCH Waived Waived AMT OF CASH DEP-NIGHT DEPOSIT 24,998 Waived Waived # CHEQUES CERTIFIED Waived Waived # DEBIT TRANSFERS AUTO Waived Waived # DUPLICATE STATEMENTS Waived Waived # E-STATEMENT RETRIEVAL Waived Waived # INTERIM STATEMENTS Waived Waived # ITEMS DEPOSITED RTD 1 Waived Waived # MANUAL TRANSFERS Waived Waived # OL BKG ARCHIVE ITEMS Waived Waived # OL BKG COPY ITEMS Waived Waived # PAPER STATEMENTS WITH IMAGES Waived Waived # PAPER STATEMENTS WITHOUT IMAGES Waived Waived # REPRINT STATEMENT Waived Waived # STOP PAYMENT ORDERS - ASSISTED Waived Waived # STOP PAYMENT ORDERS - SELF SERVE Waived Waived # TRACE ARCHIVE ITEMS Waived Waived # TRACE ITEMS Waived Waived TOTAL CURRENT ACCOUNT $0.00 $0.00 ACCOUNTS AND SERVICES MONTHLYVOLUME CURRENTPRICE CURRENTTOTAL PROPOSEDPRICE PROPOSEDTOTAL PAPER STATEMENT FEE ACC # 0026110340001 (05102 1011923) PAPER STATEMENT FEE 1 Waived Waived TOTAL PAPER STATEMENT FEE $0.00 $0.00 ACCOUNTS AND SERVICES MONTHLY VOLUME CURRENT PRICE CURRENT TOTAL PROPOSED PRICE PROPOSED TOTAL RBC EXPRESS BAL REP OPTION 2 ACC # 3008558346930 (05102 1011923) # ACCOUNTS OTHER FI Waived Waived # ACCOUNTS RBC IN CANADA (tiered)Waived Waived # TRANSACTIONS OTHER FI (tiered)Waived Waived # TRANSACTIONS RBC CANADA Waived Waived CREDIT CARDS(1 free- $5.00 each additional)Waived Waived MONTHLY FEE (includes 5 accounts)1 $30.00 $30.00 $30.00 $30.00 TOTAL RBC EXPRESS BAL REP $30.00 $30.00 ACCOUNTS AND SERVICES MONTHLYVOLUME CURRENTPRICE CURRENTTOTAL PROPOSEDPRICE PROPOSEDTOTAL RBC EXPRESS ACCOUNT IMAGES ACC # 85583469301 (05102 1011923) DELIVERY / RETRIEVAL OF ITEM 1 Waived Waived TOTAL RBC EXPRESS ACCOUNT IMAGES $0.00 $0.00 PAGE 7 ACCOUNTS AND SERVICES MONTHLYVOLUME CURRENTPRICE CURRENTTOTAL PROPOSEDPRICE PROPOSEDTOTAL RBC EXPRESS ACC # 85583469301 (05102 1011923) AUTO DEPOSIT REGISTRATION 1 ALERTS - SENT $0.00 $0.00 MOBILE - MONTHLY FEE $0.00 $0.00 NEW TOKEN FEE $50.00 $50.00 SECURID TOKENS - MONTHLY FEE $5.00 $5.00 TOTAL RBC EXPRESS $0.00 $0.00 ACCOUNTS AND SERVICES MONTHLY VOLUME CURRENT PRICE CURRENT TOTAL PROPOSED PRICE PROPOSED TOTAL (PAP) - PERSONALLY APPROVED PAYMENTS (ACH DIRECT PAYMENT) (NG) (PC PAP) - PERSONALLY APPROVED PAYMENTS ACC # 8176420000, 8929320000 (05102 1011923) ACCOUNT MAINTENANCE FEE 2 Waived Waived BLOCKED FILES RECEIVED Waived Waived BULK MAINTENACE REQUESTS Waived Waived BULK MAINTENACE TRANSACTIONS Waived Waived CROSS BORDER MONTHLY FEE $10.00 $10.00 FILES RECEIVED 2 $5.00 $10.00 $5.00 $10.00 FILES SCHEDULED FOLLOW UP Waived Waived FILES UNSCHEDULED INPUT Waived Waived INVESTIGATIONS Waived Waived PAYMTS BY VOUCHER PYMTS ELECTRONIC (tiered)498 $0.055 $27.39 $0.055 $27.39 PYMTS HELD-ERROR Waived Waived PYMTS MAINTENANCE BY BANK Waived Waived PYMTS MAINTENANCE BY CLIENT Waived Waived PYMTS SENT TO USA (tiered)Waived Waived RE-PRESENTED PAYMENTS Waived Waived REPORT DATA FILES Waived Waived REPORT FORMATTED FILES 8 Waived Waived REPORT PAGES FAX LONG DIST OTHER Waived Waived REPORT PAGES FAX NORTH AMERICA Waived Waived REPORT PAGES PRINTED Waived Waived REPORTS OPTIONAL 2 Waived Waived RETURNED PYMTS 1 Waived Waived RETURNED PYMTS MANUAL POSTING Waived Waived TEST RUNS Waived Waived TOTAL P.A.P.$37.39 $37.39 PAGE 8 ACCOUNTS AND SERVICES MONTHLYVOLUME CURRENTPRICE CURRENTTOTAL PROPOSEDPRICE PROPOSEDTOTAL PAYMENT DISTRIBUTION SERVICE (PDS) (ACH DIRECT DEPOSIT) (NG) PC - PAYMENT DISTRIBUTION SERVICES (PDS) ACC # 6894120000 (05102 1011923) ACCOUNT MAINTENANCE FEE 1 Waived Waived BLOCKED FILES RECEIVED Waived Waived BLOCKED FILES RECEIVED-PAYG Waived Waived BULK MAINTENANCE REQUESTS Waived Waived BULK MAINTENANCE TRANSACTIONS Waived Waived CROSS BORDER MONTHLY FEE $10.00 $10.00 FILES RECEIVED 4 $5.00 $20.00 $5.00 $20.00 FILES SCHEDULED FOLLOW-UP Waived Waived FILES UNSCHEDULED INPUT Waived Waived INVESTIGATIONS Waived Waived PYMTS ELECTRONIC-PAYG $0.85 $0.85 PAYMENTS ELECTRONIC (tiered)71 $0.055 $3.91 $0.055 $3.91 PYMTS HELD-ERROR Waived Waived PYMTS MAINTENANCE BY BANK Waived Waived PYMTS MAINTENANCE BY CLIENT Waived Waived PYMTS SENT TO USA (tiered)Waived Waived REPORT DATA FILES Waived Waived REPORT FORMATTED FILES 12 Waived Waived REPORT PAGES FAX LONG DIST OTHER Waived Waived REPORT PAGES FAX NORTH AMERICA Waived Waived REPORT PAGES PRINTED Waived Waived REPORTS OPTIONAL Waived Waived REPORTS OPTIONAL - PAYG Waived Waived RETURNED PYMTS Waived Waived RETURNED PYMTS MANUAL POSTING Waived Waived TEST RUNS Waived Waived TOTAL PDS $23.91 $23.91 ACCOUNTS AND SERVICES MONTHLY VOLUME CURRENT PRICE CURRENT TOTAL PROPOSED PRICE PROPOSED TOTAL E-COMMERCE SERVICES ACC # 855834693 (05102 1011923) KILOCHARACTERS (tiered pricing) 499 141 $0.21 $29.61 $0.21 $29.61 999 1499 2999 999999 Total 141 PAYABLES DIRECT SUPPORT FEE ADDITIONAL STUBS CHEQUE & STUBS (tiered pricing) CHEQUE ISSUANCE MONTHLY FEE COURIER FEE HANDLING COST MAILING FEE ADMINISTRATIVE SERVICES RECEIVABLES LINK SUPPORT FEE A/P LINK SUPPORT FEE RECEIVABLES DIRECT SUPPORT FEE EDI 821 FIN INFO REP SUPPORT FEE EDI 822 ACCT ANALYSIS SUPPORT FEE EDI 823 LOCK BOX SUPPORT FEE 3RD PARTY COLLECTION SUPPORT MONTHLY FEE TOTAL E-COMMERCE SERVICES $29.61 $29.61 PAGE 9 Initials: ACCOUNTS AND SERVICES MONTHLYVOLUME CURRENTPRICE CURRENTTOTAL PROPOSEDPRICE PROPOSEDTOTAL EDI PAYMENT RECEIVER ACC # 855834693 (05102 1011923) PAYMENTS 226 $0.45 $101.70 $0.45 $101.70 REMITTANCES (tiered pricing)881 $0.10 $88.10 $0.10 $88.10 RECEIVER FEE FAX SUPPORT FEE EMAIL SUPPORT FEE RECEIVER FEE TEL-INT BANKING TOTAL EDI PAYMENT RECEIVER $189.80 $189.80 THE CORPORATION OF THE MUNICIPALITY OF BAYHAM BY-LAW NO. 2025-044 A BY-LAW TO APPOINT A MUNICIPAL AUDITOR FOR THE MUNICIPALITY OF BAYHAM WHEREAS Section 296 (3) of the Municipality Act, 2001, S.O. 2001, c. 25, as amended provides authority for municipalities to appoint a municipal auditor for a term not to exceed five years; AND WHEREAS the Council of the Municipality of Bayham now deems it necessary to appoint an Auditor for the fiscal years 2025 to 2029 inclusive. THEREFORE THE COUNCIL OF THE CORPORATION OF THE MUNICIPALITY OF BAYHAM ENACTS AS FOLLOWS: 1. THAT Graham Scott Enns LLP Chartered Professional Accountants, Public License No. 1-18443, is hereby appointed as the Municipal Auditor for the Municipality of Bayham for the fiscal years 2025 to 2029 inclusive. 2. THAT this By-law takes effect on the day of passing. READ A FIRST, SECOND TIME AND THIRD TIME AND FINALLY PASSED THIS 5th DAY OF JUNE 2025. _____________________________ ___________________________ MAYOR CLERK