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3956 To authorize a Memorandum of Understanging between the Town of Tillsonburg and MAP (Manufacturig Acceration Program)THE CORPORATION OF THE TOWN OF TILLSONBURG BY-LAW NO. 3956 A BY-LAW to authorize a Memorandum of Understanding between the Corporation of the Town ofTillsonburg and MAP (Manufacturing Acceleration Program) Program Canada WHEREAS pursuant to Section 9 of the Municipal Act, 2001, S.O. 2001, C.25, a municipality has the capacity, rights, powers and privileges of a natural person for the purpose of exercising its authority under this or any other Act; WHEREAS the Town of Tillsonburg is interested in entering into collaboration with the MAP (Manufacturing Acceleration Program) Program Canada for the development of an export oriented, manufacturing cluster of excellence in Tillsonburg and area; WHEREAS the collaboration proposes to support the improved competitiveness of local businesses, thereby supporting the long term job creation and investment attraction initiatives of the municipality; AND WHEREAS the Corporation of the Town of Tillsonburg deems it necessary and expedient to enter into a Memorandum of Understanding with MAP (Manufacturing Acceleration Program) Program Canada. THEREFORE the Council of the Town of Tillson burg enacts as follows: 1. THAT the Memorandum of Understanding attached hereto as Schedule "A" forms part of this By-law; 2. THAT the Mayor and Clerk be hereby authorized to execute the attached Memorandum of Understanding marked as Schedule "A" on behalf of the Corporation of the Town of Tillsonburg. This By-Law shall come into force and take effect immediately after the final passing hereof. READ A FIRST AND SECOND TIME THIS 13th day of October, 2015. READ A THIRD AND FINAL TIME AND PASSED THIS 13th day of October, 2015. ~ Town Clerk-Donna Wilson -1 ~-