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HomeMy WebLinkAboutBy-law No. 2007-072 THE CORPORATION OF THE MUNICIPALITY OF BAYHAM BY-LAW NO.2007-072 A BY-LAW TO AUTHORIZE THE EXECUTION OF AN AGREEMENT BETWEEN HER MAJESTY THE QUEEN IN RIGHT OF ONTARIO as represented by the Minister of Agriculture,Food and Rural Affairs and THE CORPORATION OF THE MUNICIPALITY OF BAYHAM WHEREAS Section 9 of the Municipal Act, 2001, S.O. 2001, c. 25, as amended, provides that a municipality has the capacity, rights, powers, and privileges of a natural person for the purpose of exercising its authority under this or any other Act; AND WHEREAS the Municipality of Bayham is undertaking a special project to document tangible capital assets and prepare a long-term asset management plan; AND WHEREAS the Municipality of Bayham applied wider the Canada-Ontario Municipal Rural Infrastructure Fund(COMRIF) for funding assistance for such project; AND WHEREAS the Council of the Municipality of Bayham is desirous of entering into an agreement with HER MAJESTY THE QUEEN IN RIGHT OF ONTARIO, as represented by the Minister of Agriculture, Food and Rural Affairs for the provision of funding support under the Canada-Ontario Municipal Rural Infrastructure Fund Program to the Municipality of Bayham. NOW THEREFORE THE COUNCIL OF THE CORPORATION OF THE MUNICPALITY OF BAYHAM ENACTS AS FOLLOWS: 1. THAT the Mayor and Clerk be and are hereby authorized to execute the Agreement attached hereto as Schedule "A" and forming part of this by-law with HER MAJESTY THE QUEEN IN RIGHT OF ONTARIO, as represented by the Minister of Agriculture, Food and Rural Affairs and the Corporation of the Municipality of Bayham for participation in the Canada-Ontario Municipal Rural Infrastructure Fund Program. 2. AND 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 19TH DAY OF JULY 2007. 4t + \ MAYO CL RIS