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HomeMy WebLinkAboutBy-law No. 2014-058 THE CORPORATION OF THE MUNICIPALITY OF BAYHAM BY-LAW NO. 2014-058 A BY-LAW TO AUTHORIZE THE EXECUTION OF A FUNDING AGREEMENT BETWEEN HER MAJESTY THE QUEEN IN RIGHT OF ONTARIO as represented by the Minister of Rural Affairs ("MRA") AND THE MUNICIPALITY OF BAYHAM REGARDING THE RURAL ECONOMIC DEVELOPMENT (RED) PROGRAM WHEREAS the Municipality of Bayham is desirous of proceeding with the Economic Development Initiatives and Opportunities Plan; AND WHEREAS the Ministry of Rural Affairs has approved funding for such project in an amount not to exceed $30,000 under the Rural Economic Development Fund; AND WHEREAS the Parties wish to proceed with the required Agreement; NOW THEREFORE THE COUNCIL OF THE CORPORATION OF THE MUNICIPALITY OF BAYHAM ENACTS AS FOLLOWS: 1. THAT the Mayor and Clerk be and they are hereby authorized and directed to execute the Agreement attached hereto as Appendix "A"and forming part of this by-law between the Municipality of Bayham and Her Majesty The Queen In Right Of Ontario, as represented by the Minister of Rural Affairs; 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 MAY 2014. MA OR CLERK