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HomeMy WebLinkAbout01 107 agree tripartite medical e - e e TIlE CORPORATION OF THE MUNICIPALITY OF KINCARDINE BY-LAW NO. 2001 - 107 A BY-lAW TO AUTHORIZE THE SIGNING OF AN AGREEMENT WITH THE KINCARDINE & AREA PHYSICIANS AND THE MUNICIPALITY OF THE TOWNSHIP OF HURON-KIN lOSS WHEREAS the Council for The Municipality of Kincardine deems it advisable to enter into an Agreement with the Municipality of the Township of Huron-Kinloss to participate with the Kincardine & Area Physicians in backing the Line of Credit for the Community Medical Clinic. NOW THEREFORE the Council for The Corporation of the Municipality of Kincardine ENACTS as follows: 1. That the Corporation of the Municipality of Kincardine enter into an agreement with the Municipality of the Township of Huron-Kinloss and the Kincardine & Area Physicians in backing the Line of Credit for the Community Medical Clinic. 2. That the Mayor and CAO be authorized to sign, on behalf of The Corporation of the Municipality of Kincardine, the Agreement with the Municipality of the Township of Huron-Kinloss and the Kincardine & Area Physicians attached to this by-law and to affix the corporate seal as and when required. 3. This By-law shall come into full force and effect upon its final passage. 4. This By-law may be cited as the "Tripartite Agreement, By-law". READ a FIRST, SECOND, and THIRD time and DEEMED TO BE PASSED this 29th day of August, 2001. ~. - -- ., .' .. '=' . September 10, 2001 COMMUNITY MEDICAL CLINIC TRIPARTITE AGREEMENT Be it resolved that the following conditions for financing a $50,000.00 Line of Credit for the Community Medical Clinic are as noted: 1. The municipalities of the Township of Huron-Kinloss and the Municipality of Kincardine agree to participate with the Kincardine and Area Physicians in backing the $50,000.00 Line of Credit. 2. The Line of Credit will be financed by the Municipality of Kincardine with both interest and capital to be repaid from joint fundraising efforts. 3. In the event that fund raising efforts fail to repay the Line of Credit, the following obligations shall be borne by the three signatory parties: a) Kincardine and Area Physicians to pay $7,000.00 from their medical education fund. b) The Township of Huron-Kinloss to then fund 30% of the balance of funds outstanding. c) The Municipality of Kincardine to fund 70% of the balance of funds outstanding. 4. The policies of the Municipality of Kincardine are to be followed with respect to both the Committee's funds and actions. 5. All funds from the Kincardine line of credit shall be paid back upon the expiry of a 12-month period (August 8, 2001 to August 8, 2002). if-/f) /%/ Date f Kincardine J2~ Dr. Susan Boron, on behalf of Kincardine & Area Physicians Mun' . ality of Kincardine Date ~f¡ /6;// c:;, i! /- I~ s- / Date .J at- ~,? '"'1D ^^4 CAO John deRosenroll -----,---- --- -_-0 -.-.___ Township oUturon-Kinloss , . ¡ ~Cff 1% Date /4'~' Mayor"§'tuart Reavie ~(Jr ÚJ/O( Date ~ Administrator Mary Rose Walden