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HomeMy WebLinkAbout10 090 ISR Contribution AmendmentAgreement THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE KBT �W�Ci7 •�� %� (� / C/ L OF 0 BY -LAW NO. 2010 — 090 BEING A BY -LAW TO AMEND BY -LAW NO. 2009 -128 — BEING A BY -LAW TO AUTHORIZE THE SIGNING OF A CONTRIBUTION AGREEMENT (INFRASTRUCTURE STIMULUS FUND (ISF)) WHEREAS Sections 8 (1) and 9 of the Municipal Act, 2001, S.O. 2001, c. 25, as amended, provide that the powers of a municipality under this or any other Act • shall be interpreted broadly so as to confer broad authority on the municipality to enable the municipality to govern its affairs as it considers appropriate and to enhance the municipality's ability to respond to municipal issues and 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 with the passage of By -law No. 2009 -128 the Municipality of Kincardine entered into a contribution agreement with Her Majesty the Queen in Right of Ontario, as Represented by the Minister of Energy and Infrastructure (Ontario) and The Minister of Agriculture, Food and Rural Affairs (OMAFRA). AND WHEREAS Section 17.10 of the General Terms and Conditions of the Agreement provides for written amendments to the Agreement; AND WHEREAS effective immediately, the parties hereby agree to amend the terms and conditions of the contribution agreement; NOW THEREFORE the Council of The Corporation of the Municipality of • Kincardine ENACTS as follows: 1. That 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. 2. That the Mayor and Chief Administrative Officer be authorized and directed to sign and execute, on behalf of the Council of The Corporation of the Municipality of Kincardine, the amendment to the Contribution Agreement with Ontario and OMAFRA, attached hereto as Schedule "A" and any other such documents as required, and to affix the corporate seal of the Municipality of Kincardine. 3. That this By -law shall come into full force and effect upon receipt, by the Municipality of Kincardine, of a duly signed copy of the amended Contribution Agreement with the Province of Ontario. 4. This By -law may be cited as the "ISF Contribution Amendment Agreement • By -law ". Page 2 ISF Contribution Amendment Agreement By -Iaw By -Iaw No. 2010 - 090 READ a FIRST and SECOND TIME this 7 day of July, 2010. Mayor Clerk READ a THIRD TIME and FINALLY PASSED this 7 day of July, 2010. i. _AL. .o ayor Clerk • • • -' fp AtA Ministry of Agriculture, Ministere de ('Agriculture, 1-RE v'' r `. Food and Rural Affairs de ('Alimentation et r� des Affaires rurales • JuN Z i/r Ontario 4th Floor 4 stage 1 Stone Road West 1 Stone Road West ugt Guelph, Ontario N1G 4Y2 Guelph (Ontario) N1G 4Y2 ✓��C(1Y Tel: 519- 826 -3419 Tel.: 1- 866 - 306 -7827 Fax: 519- 826 -4336 Telec.: 519 826 -4336 Rural Community Development Branch June 21, 2010 John deRosenroll CAO The Corporation of the Municipality of Kincardine 1475 Concession 5 RR #5 Kincardine, ON, N2Z2X6 Dear John deRosenroll: I am pleased to inform you that the amount of advance funding available for Fiscal Year 2010/11 under your Infrastructure Stimulus Fund Contribution Agreement with Ontario will be increased from up to 25 to up to 30 per cent of the Eligible Costs that are expected to be incurred in that period. By signing the attachment (without making any amendments to it) and returning it by July 8, 2010, you will be agreeing to the revised terms and conditions of your Agreement. Sincerely, Martin Bohl Director Rural Community Development Branch o :,„ Good Things Grow in Ontario A bonne terre, bons produits fto 04'7 WHEREAS an Agreement, dated 10/26/2009 the "Agreement "), was executed by the THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE 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 KINCARDINE ow& 4 n •aso t NAME: n %1 t{-Ei. 1 EfJ ti TITLE: .r 1\_ 110 NAME: 1o\'w\ Af_ t 1 \ DAT TITLE: C y'1D ONTARIO: NAME: Martin Bohl DATE TITLE: Director, Rural Community Development Branch