3305 To authorize the submission of an applicant to the Ontario infrastructure projects corporation for the funding from the municipal infrastructure investment initiative for a new eligable capital project of the coporation of the town of TillsoTHE CORPORATION OF THE TOWN OF TILLSONBURG
BY-LAW NUMBER 3305
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
TOWN OF TILLSONBURG (THE ``MUNICIPALITY"), AND TO
APPROVE THE EXPENDITURE OF FUNDS ON SAID ELIGIBLE
CAPITAL PROJECT;
WHEREAS the Municip al Act, 2001 (Ontario), as amended, (the "Act") provides that
a p
municipal ower shall be exercised by by-law unless the municipality is specifically authorized to
p
do otherwise;
AND WHEREAS the Province of Ontario has recently announced an investment of
$p
300 million dollars for municipal infrastructure as a one-time grant for eligible municipal
infrastructure Initiatives to Ontario municipalities and Local Services Boards;
AND WHEREAS on behalf of the Province of Ontario, OIPC will be administering
Infrastructure Investment Initiative available to Ontario municipalities and Local
the Municipal.
Services Boards for thep � u oses of new eligible municipal infrastructure initiative projects,
AND WHEREAS it is now deemed to be expedient to authorize for the municipal
pure Municipality purposes of the Munici alit the new capital project described in column (2) of Schedule "A" (the
"Project"') attached hereto and fortning part of this By-law ("Schedule "A") 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 p
ive in order to meet capital expenditures in connection with a new eligible capital project to
apply to by b
OIPC for such funding completing and submitting an application through the
forth
provided by OIPC (the "Application");
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 TOWN OF
TILLSONBURG ENACTS AS FOLLOWS:
1The Council Municipality y ncil of the Munici alit hereby confirms, ratifies and approves the completion by
.
Treasurer of an Application and the submission by such authorized official of an
the Ti ca pl
Appy y
Application, dui executed b 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 $2,572,666 (the "Funding").
-2-
(a)
2 -
(a) 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) any one or more of the Mayor and Clerk 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;
(c) any one or more of the Mayor and Clerk 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;
(c) 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. This By-law takes effect on the day of passing.
ENACTED AND PASSED this I I'll day of February, 2008.
PHEN MOLNAR - MAYOR
MIC14AEL CRAVES - CLERK
Schedule "A"
to By -Law Number 3305
C) (3)
Project Name Description of Eligible Capital Estimated
Work Expenditure
Quarterline Road Reconstruct Quarterline Road X318591000
From North Street to 800 m
south of Baldwin street to an
urban standard.
(4)
Grant Amount
$2,572,666