2007-013 Authorize the Submission of an application to the Ontario Infrastructure Projects Projects Corporation (OIPC) for funding from the Rural Infrastucture Investment InitiativeTHE CORPORATION OF THE TOWNSHIP OF ORO-MEDONTE
BY-LAW NO. 2007-013
A By-law to authorize the submission of an application to the Ontario
Infrastructure Projects Corporation (OIPC) for funding from the Rural
Infrastructure Investment Initiative
WHEREAS The Municipal Act, 2001, S.O. 2001, c.25, as amended, Section 11,
authorizes a municipality to pass by-laws with respect to highways;
AND WHEREAS on September 19, 2006 the Province of Ontario announced an
investment of $70 million dollars for rural infrastructure as a one time grant for rural
infrastructure initiatives to eligible Ontario municipalities;
AND WHEREAS on behalf of the Province of Ontario, OIPC will be administering the
Rural Infrastructure Investment Initiative to eligible Ontario municipalities for the
purposes of new eligible rural infrastructure initiative projects;
AND WHEREAS it is deemed to be expedient to authorize the new capital project
described in Schedule "A" attached hereto and forming part of this By-law in the amount
of the estimated expenditure set out on Schedule "A";
AND WHEREAS OIPC has invited eligible Ontario municipalities desirous of obtaining
funding pursuant to the Rural Infrastructure Investment Initiative to make application to
OIPC for such funding by completing and submitting an application on the form provided
by OIPC;
AND WHEREAS the Township of Oro-Medonte wishes to submit an application to
OIPC to request funding for the capital project described in Schedule "A";
NOW THEREFORE the Council of The Corporation of the Township of Oro-Medonte
hereby enacts as follows:
1. The Council of the Township of Oro-Medonte hereby confirms, ratifies and
approves the completion by the Treasurer of an application and the submission
by such authorized official of an application, duly executed by such authorized
official, to OIPC for the funding of the project described in Schedule "A" for the
purposes of the Rural Infrastructure Investment Initiative in the maximum amount
of $1,070,000.00;
2. Construction of the project described in Schedule "A" in the amount of the
estimated expenditure set out in Schedule "A" is hereby approved and
authorized;
3. The Council of the Township of Oro-Medonte hereby confirms that the funding
will be applied and shall be used exclusively for financing the project eligible
under the Rural Infrastructure Investment Initiative as set out in Schedule "A" to
this By-law and for no other purposes.
4. This by-law shall take effect on the final passing thereof.
BY-LAW READ A FIRST AND SECOND TIME THIS 24T" DAY OF JANUARY, 2007.
BY-LAW READ A THIRD TIME AND FINALLY PASSED THIS 24T" DAY OF
JANUARY, 2007.
THE CORPORATION OF THE TOWNSHIP OF ORO-MEDONTE
Mayor, H.S.
n
Schedule "A"
to By-law No. 2007-013 for
The Corporation of the Township of Oro-Medonte
Description of Eligible Estimated Grant
Capital Protect Expenditure Amount
Reconstruction of Line 3 -
20 Ridge Road to Highway 11 $1,070,000 $1,070,000