HomeMy WebLinkAbout08 022 Municipal Infrastructure Investment Initiative
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THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE
BY-LAW
NO. 2008 - 022
BEING A BY-LAW TO AUTHORIZE THE SUBMISSION OF AN APPLICATION
TO THE ONTARIO INFRASTRUCTURE PROJECTS CORPORATION ("OIPC")
FOR FUNDING FROM THE MUNICIPAL INFRASTRUCTURE INVESTMENT
INITIATIVE FOR A NEW ELIGIBLE CAPITAL PROJECT OF THE
CORPORATION OF THE MUNICIPALITY OF KINCARDINE, AND TO
APPROVE THE EXPENDITURE OF FUNDS ON SAID ELIGIBLE CAPITAL
PROJECT
WHEREAS the Municipal Act, 2001, S.O. 2001, c. 25, as amended, provides that
a municipal power shall be exercised by by-law unless the municipality is
specifically authorized to do otherwise;
AND WHEREAS the Province of Ontario has recently announced an investment
of $300 million dollars for municipal infrastructure as a one-time grant for eligible
municipal infrastructure initiatives to Ontario municipalities and Local Service
Boards;
AND WHEREAS on behalf of the Province of Ontario, OIPC will be administering
the Municipal Infrastructure Investment Initiative available to Ontario municipalities
and Local Service Boards for the purposes of new eligible municipal infrastructure
initiative projects;
AND WHEREAS it is now deemed to be expedient to authorize, for municipal
purposes of the Municipality of Kincardine, the new capital project described in
column (2) of Schedule "A" attached hereto and forming part of this By-law in the
amount of the estimated expenditure set out in column (3) of Schedule "A";
AND WHEREAS OIPC has invited eligible Ontario municipalities and Local
Services Boards desirous of obtaining funding pursuant to the Municipal
Infrastructure Investment Initiative in order to meet capital expenditures in
connection with a new eligible capital project to apply to OIPC for such funding by
completing and submitting an application through the form provided by OIPC;
AND WHEREAS the Municipality has submitted an Application to OIPC to request
funding in respect of the Project;
NOW THEREFORE the Council of The Corporation of the Municipality of
Kincardine enacts as follows:
1.
The Council of the Municipality hereby confirms, ratifies and approves the
completion, by the Treasurer, of an Application and the submission by such
authorized official, of an Application, duly executed by such authorized
official, to OIPC for the funding of the Project in connection with the
Municipal Infrastructure Investment Initiative in the maximum aggregate
principal amount of $1 ,075,000.00.
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Municipal Infrastructure Investment Initiative By-law
By-law No. 2008 - 022
2.
Construction of the Project in the amount of the respective
Estimated Expenditure set out in column (3) of Schedule "A" is
hereby approved and authorized;
(b) anyone or more of the Mayor or CAO are hereby authorized to
conclude contracts on behalf of the Municipality for the construction
of the Project in accordance with the Municipality's usual protocol;
(a)
(c) anyone or more of the Mayor or CAO are hereby authorized to
submit to OIPC or the Minister of Public Infrastructure Renewal on
behalf of the Municipality such reports or other documents regarding
the Project as may be requested in connection with the Municipal
Infrastructure Investment Initiative;
(d) where applicable, the Engineer of the Municipality will forthwith
make such plans, profiles and specifications and furnish such
information as in the opinion of the Engineer is necessary for the
construction of the Project;
(e)
where applicable, the construction of the Project shall be carried on
and executed under the superintendence and according to the
direction and orders of such Engineer; and
(f) the Engineer, or such other official of the Municipality charged with
the management of the Project shall report semi-annually to the
Council of the Municipality on the status of the Project.
3. The Council of the Municipality hereby confirms that the Funding will be
applied and shall be used exclusively for financing the Project eligible
under the Municipal Infrastructure Investment Initiative as set out in
Schedule "A" to this By-law and for no other purposes.
4. That By-law No. 2008-018 is hereby repealed.
5. This By-law takes effect on the day of passing.
6. This by-law may be cited as the "Municipal Infrastructure Investment
Initiative By-law".
READ a FIRST~ND time this 13th day of February, 2008.
. ~~ 8~ iv"""jjDctQoQQ
or Clerk J
READ a THIRD time and FINALLY PASSED this 13th day of February, 2008.
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Municipal Infrastructure Investment Initiative By-law
By-law No. 2008 - 022
Schedule "A"
(1 )
(2)
Proiect Name
Description of Eliqible
Capital Work
A 6-room multi-use addition
to the Kincardine Recreation
Centre including, a fitness
centre, computer facilities
and a Seniors club room
As well as architectural fees.
Davidson
Centre Addition
(3)
Estimated
Expenditure
$2,150,000.00
(4)
Grant Amount
$1,075,000.00