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3386 To enter into a settlement agreement with the County of Oxford.THE CORPORATION OF THE TOWN OF TILLSONBURG BY-LAW NUMBER 3386 A BY-LAW to enter into a settlement agreement with the County of Oxford. WHEREAS The Town of Tillsonburg is desirous of entering into an agreement with the County of Oxford to settle outstanding accounts representing costs associated with solid waste customer service and enforcement. THEREFORE the Council of the Town of Tillsonburg enacts as follows: THAT the settlement agreement attached hereto forms part of this by-law; 2. THAT the CAO be hereby authorized to execute the attached settlement agreement on behalf of the Corporation of the Town of Tillsonburg. READ A FIRST AND SECOND TIME THIS 13th DAY OF October, 2009. READ A THIR , ND FINAL MAYOR -Stephen Molnar a CLERK -Michael Graves TIME AND PASSED THIS 13th DAY OF October, 2009. SETTLEMENT AGREEMENT BETWEEN: County of Oxford (Hereinafter called the "County") AND: The Corporation of the Town of Tillsonburg (Hereinafter called the "Town") Whereas the Town and the County hereby agree to settle outstanding accounts representing costs associated with solid waste customer service and enforcement; And Whereas the Town agrees to pay to the County the sum of $149,296.09 for the settlement of the outstanding amounts totalling $298,592.17. The parties hereto agree as follows: 1. The Town acknowledges and agrees that the County has not and is not hereby assuming any liability or obligation to the Town in connection with costs incurred by the Town in association with solid waste enforcement, either in the past or in the future. The payment contemplated by this Agreement is made on the express understanding that it is made without any admission of responsibility or liability by the County to make any payments whatsoever to the Town for costs incurred by the Town for purposes of solid waste enforcement. 2. The Town will make payment to the County in the amount of $149,296.09, representing 50% of the total amount of $298,592.17 that the Town has withheld from water and waste water revenues transferred to the County as identified on Schedule "A" attached hereto. 3. The Town acknowledges that solid waste customer service will be paid by the County to the Town, beginning in 2008, in accordance with Section 11.07 of the Waste and Recycling Collection Agreement, entered into between the parties hereto on December 12, 2008, authorized by County of Oxford By-law No. 4963- 2008. 4. The Town hereby releases any future claim against the County for collection of the remaining 50% of total amounts outstanding as agreed hereto. 5. The County hereby releases any future claim against the Town for collection of the remaining 50% of total amounts withheld from past water and wastewater revenues as agreed hereto. IN WITNESS WHEREOF, as duly authorized parties have hereto set their hands and seals. COUNTY OF OXFORD Signature Name and title of person signing Date THE CORPORATION OF THE It_-Q1V BU RG law Signature Name and title of person signing Date SCHEDULE "A" TO SETTLEMENT AGREEMENT LISF OF TOTAL AMOUNTS OUTSTANDING Customer Service 2002 $ 56, 362.00 Customer Service 2003 667521-00 Customer Service 2004 767622.00 Customer Service 2005 21, 878.00 Customer Service 2006 21, 942.00 Customer Service 2007 21,435.00 Waste Enforcement 2003 67065.31 Waste Enforcement 2004 97183.83 Waste Enforcement 2005 57717.17 Waste Enforcement 2006 61862.40 Waste Enforcement 2007 61003.46 Total Amount $2981592.17