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4322 To Amend By-Law 3639 To Appoint TrusteesTHE CORPORATION OF THE TOWN OF TILLSONBURG BY-LAW4322 A BY LAW, To Amend By-Law 3639, To Appoint Trustees to those Trusts Esta lished by The Corporation of The Town of Tillson burg and to repeal By-Law 3896. WHE EAS the Council of the Town of Tillsonburg passed By-Law 3639 on August 13, 2012, to define Municipal Trust Funds and to Appoint Trustees to those Trusts; AND HEREAS the Council of the Town of Tillsonburg passed By-Law 3896 on April 13, 2015, to amend By-Law 3639 and to Appoint Trustees to those Trusts Established by the Town until December 31, 2014; AND HEREAS the Council of the Town of Tillsonburg deems is necessary to amend By- law 639 and to repeal By-Law 3896; NOW THEREFORE BE IT RESOLVED THAT the Council of The Corporation of the Town of Till onburg enacts as follows: 1. THAT Schedule A to By-Law 3639 be amended and that Schedule A attached hereto becomes part of that By-Law as if written therein; 2. THAT By-Law 3896, passed April 13, 2015 is hereby repealed in its entirety; 3. THAT this by-law comes into full force and effect upon the day of passing. A FIRST AND SECOND TIME THIS 24th DAY OF JUNE, 2019. ND FINAL TIME AND PASSED THIS 24th DAY OF JUNE, 2019. BY-LAW4322 SCHEDULE A -TRUST & APPOINTMENTS T NAME: Annandale House Trust PUB IC TRUSTEES (AS APPOINTED BY COUNCIL): Robe Marsden e MacKeigan TER OF APPOINTMENT: Four Years (end of Council Term) MAN ATE/TERMS OF REFERENCE: To re eive, maintain, control and use donations for the restoration, refurbish, development and romotion of Annandale House. Dona ions received herein shall be deposited into this trust account and may be invested in such ecurities as a trustee may invest in under the Trustee Act, and the earnings derived from he investment of such monies form part of the trust fund. Trust es to determine the disbursement of the funds, to focus on the restoration and devel pment of Annandale House. TRU TEE NAME: Cemetery Maintenance Trust PUB IC TRUSTEES (AS APPOINTED BY COUNCIL): Jam s Murphy Jim ayes OF APPOINTMENT: Four Years (end of Council Term) ATE/TERMS OF REFERENCE: To receive, maintain, control and use donations for the g neral maintenance and upkeep of Tillson burg Cemeteries. Don tions received herein shall be deposited into this trust account and may be invested in such securities as the trustees may invest in under the Trustee Act, and the earnings deriv d from the investment of such monies form part of the trust fund. Trust es to determine the disbursement of the funds, to focus on the general maintenance and are of the grounds of the Tillson burg Cemetery. TRU TEE NAME: Cemetery Trust (Perpetual Care) PUB IC TRUSTEES (AS APPOINTED BY COUNCIL): Jam s Murphy Jim ayes TER OF APPOINTMENT: Four Years (end of Council Term) MAN ATE/TERMS OF REFERENCE: To receive, maintain, control and use donations for the p rpetual care of Tillson burg Cemeteries. Don tions received herein shall be deposited into this trust account and may be invested in such securities as the trustees may invest in under the Trustee Act, and the earnings deriv d from the investment of such monies form part of the trust fund. Trust es to determine the disbursement of the funds, to focus on the continuous, everl sting care of Tillsonburg Cemeteries. TRU ,TEE NAME: Cemetery Trust (Pre-Paid) PUB .IC TRUSTEES (AS APPOINTED BY COUNCIL): Jami s Murphy Jim I ayes TER n OF APPOINTMENT: Four Years (end of Council Term) MANDATE/TERMS OF REFERENCE: To receive and holds funds in trust for pre-paid cem1 tery services. The ~emetery Pre-Paid revenues were collected from Cemetery customers for pre-paid servi ;es up until 2014. They are no longer being collected as pre-paid services are not bein! offered by the Tillsonburg Cemetery. TRU ;TEE NAME: Community Trust PUB~IC TRUSTEES (AS APPOINTED BY COUNCIL): Ann _oker Erin 3etty TER II OF APPOINTMENT: Four Years (end of Council Term) MAIi DATE/TERMS OF REFERENCE: To receive, maintain, control and use donations for com nunity designated purposes. Don: tions received herein shall be deposited into this trust account and may be invested in such securities as the trustees may invest in under the Trustee Act, and the earnings deri, ~d from the investment of such monies form part of the trust fund. Trus ees to determine the disbursement of the funds, to focus on community purposes such as h ,ritage designations, disaster relief, fire safety, parades, festivals, theatre and so on. TRU ;TEE NAME: Parkland Trust PUB .IC TRUSTEES (AS APPOINTED BY COUNCIL): Rosi mary Dean Susc n Saelans TER ill OF APPOINTMENT: Four Years (end of Council Term) MA~ DATE/TERMS OF REFERENCE: To receive, maintain, control and use donations for park and purposes. Dom tions received herein shall be deposited into this trust account and may be invested in such securities as the trustees may invest in under the Trustee Act, and the earnings deri, ed from the investment of such monies form part of the trust fund. Trus ees to determine the disbursement of the funds, to focus on the care and maintenance of Ti Ison burg parklands to ensure a high standard and the continued beautification of Tills1 nburg parks. TRU TEE NAME: Scholarship Trust PUB IC TRUSTEES (AS APPOINTED BY COUNCIL): Larry Scanlan Matt choltz OF APPOINTMENT: Four Years (end of Council Term) ATE/TERMS OF REFERENCE: To receive, maintain, control and use donations for rship awards. Don tions received herein shall be deposited into this trust account and may be invested in such securities as the trustees may invest in under the Trustee Act, and the earnings deriv d from the investment of such monies form part of the trust fund. Trust es to determine the disbursement of the funds to focus on choosing a suitable recip ent of a scholarship. TRU TEE NAME: J.L. Scott Mclean Legacy Trust PUB IC TRUSTEES (AS APPOINTED BY COUNCIL): Jane Ann Mclean Walt r Kleer TER OF APPOINTMENT: Four Years (end of Council Term) MA DATE/TERMS OF REFERENCE: To receive, maintain, control and use don tions for the construction of the Outdoor Recreation Pad. Donations received here n shall be deposited into this trust account and may be invested in such securities as th trustees may invest in under the Trustee Ace, and the earnings derived from the inve tment of such monies form part of the trust fund. Trus es to determine the disbursement of the funds to focus on the construction of a new outd or refrigerated ice pad/basketball court facility in Memorial Park, the refrigeration of the f cility and improvements to the facility.