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HomeMy WebLinkAboutBy-law No. 2010-070 THE CORPORATION OF THE MUNICIPALITY OF BAYHAM BY-LAW NO.2010-070 A BY-LAW TO AUTHORIZE THE EXECUTION OF AN AGREEMENT BETWEEN THE MUNICIPALITY OF BAYHAM AND HER MAJESTY THE QUEEN IN RIGHT OF ONTARIO AS REPRESENTED BY THE MINISTER OF ENERGY AND INFRASTRUCTURE AND MINISTER OF AGRICULTURE, FOOD AND RURAL AFFAIRS TO AMEND AN AGREEMENT REGARDING THE INFRASTRUCTURE STIMULUS FUND WHEREAS the Municipality of Bayham received funding support under the Infrastructure Stimulus Fund program for the Carson Line Bridge project; AND WHEREAS the Municipality entered into the required Infrastructure Stimulus Fund Contribution Agreement, as authorized by By-law 2009-107; AND WHEREAS the Ministry of Agriculture, Food and Rural Affairs has increased the amount of advance funding available under the program, subject to completion of an amending agreement; AND WHEREAS the Council of the Corporation of the Municipality of Bayham is desirous of entering into the said Amending Agreement; THEREFORE THE COUNCIL OF THE CORPORATION OF THE MUNICIPALITY OF BAYHAM ENACTS AS FOLLOWS: 1. THAT the Mayor and Administrator be and are hereby authorized and directed to execute the Amending Agreement attached hereto as Schedule "A" and forming part of this by-law between the Municipality of Bayham and Her Majesty the Queen in Right of Ontario for the provision of funding under the Infrastructure Stimulus Fund. 2. THAT this by-law shall come into full force and effect upon final passing. READ A FIRST, SECOND AND THIRD TIME AND FINALLY PASSED THIS 15th'DAY OF JULY 2010. aa� \ s �'S A x . _..fir „ � ,r .f-� - — A4R CL RK WHEREAS an Agreement, dated 10/26/2009 the "Agreement"), was executed by the THE CORPORATION OF THE MUNICIPALITY OF BAYHAM and HER MAJESTY THE QUEEN IN RIGHT OF ONTARIO, AS REPRESENTED BY THE MINISTER OF ENERGY AND INFRASTRUCTURE AND THE MINISTER OF AGRICULTURE, FOOD AND RURAL AFFAIRS (referred to as "Ontario" and as "OMAFRA" in the latter case); AND WHEREAS section 17.10 of the General Terms and Conditions of the Agreement provides for written amendments to the Agreement; NOW THEREFORE, effective immediately, the parties hereby agree to amend the terms and conditions of the Agreement as follows: Schedule A - General Terms and Conditions, Section 4.4 (Financial Assistance Advanced) is amended by striking out "25%" in both instances and substituting "30%" in their place. All other terms and conditions of the Agreement remain in full force and effect, mutatis mutandis. THE CORPORATION OF THE MUNICIPALITY OF BAYHAM v1.yAx) o NAME: L t�,n e r� l3AT TITLE: 1r-),y ..c- a_of v NAME: L Y,d& M ; ant ATE TITLE: CJ-e r k ONTARIO: NAME: Martin Bohl DATE TITLE: Director, Rural Community Development Branch