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2021-117 By-law to amend by-law 2003-007 beig a by-law to authorize the execution of a sewer responsibility agreement between the Townshp of Oro-Medonte and American Water Services Canada CorpThe Corporation of the Township of Oro-Medonte By-law No. 2021-117 A By-law to amend By-law 2003-007, being A By-law to Authorize the Execution of a Sewer Responsibility Agreement between the Township of Oro-Medonte and American Water Services Canada Corp. Whereas Section 23 of the Municipal Act, 2001, S.O. 2001, c.25, as amended, provides that a municipality may enter into an agreement with any person to construct, maintain and operate a sewage works; And Whereas Section 9 of the Municipal Act, 2001, S.O. 2001, c.25, as amended. Provides that 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. And Whereas the Council of The Corporation of the Township of Oro-Medonte did enact By-law 2003-007, Being a By-law to Authorize the Execution of a Sewer Responsibility Agreement between the Township of Oro-Medonte and American Water Services Canada Corp, on the 5ch day of February 2003; And Whereas Council of The Corporation of the Township of Oro-Medonte now deems it expedient to amend said agreement; Now Therefore the Council of the Township of Oro-Medonte hereby enacts as follows: 1. That the Mayor and Clerk are hereby authorize to execute the Assignment and Assumption Agreement and Consent to Assignment of Agreement dated October 2021 for the Sewer Agreement, said agreement attached hereto as Schedule "A" and forming part of this by-law. 2. This by-law shall take effect on the final passing thereof. By-law read a First, Second and Third time, and Passed this 291h day of October, 2021. The Corporation of the Township of Oro-Medonte Mavor. H.S. Hu es r" Cie , Y. Aubichon Schedule V" to 13y-Law No. , `\—� ASSIGNMENT AND ASSUMPTION AGREEMENT and CONSENT TO ASSIGNMENT OF AGREEMENT This Agreement and Consent are made as of the oW day of &L4k ,(. 2021, AMONG: SKYLINE INVESTMENTS INC., a corporation incorporated under the laws of the Province of Ontario (hereinafter called the "Assignor') OF THE FIRST PART; and- HSV GP INC., a corporation incorporated under the laws of the Province of Ontario, acting as general partner of HSV LIMITED PARTNERSHIP, a limited partnership formed under the laws of the Province of Ontario (hereinafter called the "Assignee') and - THE TOWNSHIP OF ORO-MEDONTE, (hereinafter called the "Township') OF THE SECOND PART; OF THE THIRD PART; WHEREAS the Township and American Water Services Canada Corp., entered into an agreement dated February 5, 2003 (the "Sewers Agreement') in respect of the construction and operation of certain Sewers. A copy of said Sewers Agreement is Schedule "A" to the 2008 Assignment Agreement, defined below and attached as Schedule "A"; AND WHEREAS American Water Services Canada Corp. subsequently changed its name to American Water Canada Corp.; AND WHEREAS American Water Canada Corp., the Assignor and the Township entered into an agreement dated July 10, 2008 to transfer American Water Canada Corp's interest in the Sewers Agreement to Skyline Utility Services Inc. (predecessor in interest to the Assignor) (the "2008 Assignment Agreement'), a copy of which is attached as Schedule "A"; AND WHEREAS the Assignee has agreed to purchase the Lands and Sewers from the Assignor and/or one of its affiliates, which purchase is expected to be completed on or around November 1, 2021; AND WHEREAS pursuant to section 13.1 of the Sewers Agreement, the Assignor is prohibited from transferring ownership of the Sewers to the Assignee without the prior written consent of the Township and pursuant to section 13.3 of the Sewers Agreement, the Assignee is required to enter into a similar agreement with the Township; AND WHEREAS the Assignor and the Assignee have requested that the Township agree to the transfer of the Sewers to the Assignee subject to execution of the within Agreement and, subject to receiving the benefit of the covenants and agreements of the Assignor and the Assignee hereinafter set forth, the Township has agreed to do so. NOW THEREFORE THIS AGREEMENT WITNESSETH that in consideration of the mutual covenants and agreements hereinafter contained and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by each of the parties hereto, the parties hereto agree as follows: 1. Recitals. The parties acknowledge and agree that the recitals hereto are true and incontrovertible, which recitals are hereby incorporated by reference. 2. Effective Date. The effective date of this Agreement and Consent shall be the date of registration of the transfer of the Lands to the Assignee (the "Effective Date'). 3. Assignment and Assumption. The Assignor hereby assigns, transfers, sets over and conveys its interest in the Sewers Agreement and the 2008 Assignment Agreement to the Assignee as of the Effective Date, to have and to hold such interest unto the Assignee, its successors and assigns, forever, subject to the terms hereof. The Assignee hereby accepts this written assignment as of the Effective Date, and covenants and agrees to assume all of the obligations of the Assignor under the Agreement arising with respect to the period from and after the Effective Date, and covenants to perform such obligations, from and afterthe Effective Date. 4. Assignor's Representations. The Assignor repeats and restates the representations and warranties contained in sections 2.1(a) and (b) of the Sewers Agreement. 5. Assignee's Representations. The Assignee hereby represents and warrants in favour of the Assignor and the Township that: (a) it is a corporation formed, validly existing and in good standing under the laws of the Province of Ontario, acting as general partner of HSV Limited Partnership, a limited partnership formed, validly existing and in good standing under the laws of the Province of Ontario, with full legal right, power and authority to enter into and perform its obligations under the Sewers Agreement, the 2008 Assignment Agreement and this Agreement and Consent; 2 (b) it has duly authorized the execution and delivery of this Agreement and Consent and this Agreement and Consent constitutes a legal, valid and binding obligation of the Assignee; and (c) on the Effective Date, it will be the legal and beneficial owner of the Sewers. 6. Township's Consent. The Township hereby consents to the transfer of the Sewers and to the assignment of the Sewers Agreement and the 2008 Assignment Agreement from the Assignor to the Assignee as and from the Effective Date, subject to the following terms and conditions: (a) this consent does not constitute a waiver of the necessity for consent to any further transfer of the sewers and Sewers Agreement; and (b) by giving its consent pursuant to this Agreement and Consent, the Township does not hereby acknowledge or approve any of the terms of this Agreement and Consent as between the Assignor and the Assignee except for the transfer of the Sewers and the assignment of the Sewers Agreement and the 2008 Assignment Agreement and except for any amendments to the Sewers Agreement and the 2008 Assignment Agreement agreed to by all of the parties hereto. 7. Township's Covenants. The Township hereby acknowledges, covenants and agrees with the Assignor and Assignee as follows: (a) section 2.2(c) of the Sewers Agreement is amended by deleting the words "section 65 of the Ontario Municipal Board Act, R.S.O. 1990, c. 0.28" and replacing them with "the Ontario Land Tribunal Act, 2021, S.O.2021, c.4, Sched. 6'; (b) the Township repeats and restates the representations and warranties contained in section 2.2 of the Sewers Agreement as amended by this section 7; (c) the Township repeats and restates the covenants and agreements contained in sections 4.1 (a) to (f) of the Sewers Agreement; and (d) the Township hereby releases the Assignor from its obligations under the Sewers Agreement and the 2008 Assignment Agreement arising with respect to the period from and after the Effective Date. 8. Acknowledgments and Amendments. (a) The parties confirm and agree that this Agreement and Consent and the assumption provisions contained herein constitute the agreement contemplated by section 13.3 of the Sewers Agreement. (b) The parties acknowledge and agree that the existing Certificate of Approval issued by the Ministry in respect of the Facility and Sewers can only be amended to denote the Assignee as the holder of the Certificate of Approval once title to the Sewers has been transferred to the Assignee; and the Assignor and Assignee 3 hereby undertake, covenant and agree to use commercially reasonable efforts to amend the Certificate of Approval as aforesaid forthwith after closing of the purchase and sale of the Lands and provide the Township with a copy of any acknowledgement or confirmation by the Ministry with respect to the transfer of the Certificate of Approval forthwith upon receipt of same. (c) The parties acknowledge and agree that the Assignor has provided the Township with cash in the amount of $50,000 as financial assurance for the Sewers in accordance with section 8(e) of the 2008 Assignment Agreement. The parties agree that this $50,000 will remain with the Township from and after the Effective Date, and will provide the required financial assurance for the Assignee from and after the Effective Date, without any action required by the Assignor, the Assignee or the Township to replace the financial assurance. The Township maintains the right to draw upon this cash amount at all times in accordance with the Sewers Agreement and the 2008 Assignment Agreement. The Township will return the financial assurance to the Assignee, and not the Assignor, when applicable, in accordance with the Sewers Agreement and the 2008 Assignment Agreement. If at any time after the Effective Date the Assignee provides the Township with a letter of credit in the amount of $50,000 in a form acceptable to the Township as replacement financial assurance pursuant hereto, then the Township shall promptly return the cash amount to the Assignee by certified cheque or bank draft. (d) Section 14.1 of the Sewers Agreement is hereby amended by deleting therefrom the notice information for the Assignor and inserting instead the following notice information for the Assignee: HSV GP Inc. 1101 Horseshoe Valley Road Comp. 10, RR #1 Barrie, Ontario, Canada L4M 4Y8 Attention: VP Operations and Development (e) The parties confirm and agree that all other terms of the Sewers Agreement and the 2008 Assignment Agreement remain in full force and effect, unamended. 9. General. (a) It is understood and agreed that all capitalized terms and expressions when used in this Agreement and Consent, unless otherwise defined, have the same meaning as ascribed to them in the Sewers Agreement and the 2008 Assignment Agreement. (b) The Assignee and the Township agree that amendments to this Agreement may have to be made if required to reflect changes to Provincial legislation or policy E regarding the operation, maintenance or funding of sewage treatment works and related facilities. (c) This Agreement and Consent shall be governed by and construed in accordance with the laws of the Province of Ontario and the laws of Canada applicable therein. (d) The Assignor and the Assignee shah, at their expense, promptly execute such further assurances with respect to the Sewers Agreement and the 2008 Assignment Agreement as the Township reasonably requires from time to time. (e) This Agreement and Consent may be executed in any number of counterparts and by different parties in separate counterparts, each of which when so executed shall be deemed to be an original and all of which taken together shall constitute one and the same agreement. (f) This Agreement and Consent shall enure to the benefit of the parties hereto and their respective successors, personal representatives, executors and permitted assigns, and shall be binding upon the parties hereto and their respective successors, personal representatives, executors and permitted assigns. IN WITNESS WHEREOF the parties hereto have executed this Agreement and Consent as of the date above first written. SKYLINE INVESTMENTS INC. (Assignor) Per: i Name: Robert Waxman Title: CFO Per: Name: Title: I/We have the authority to bind the Corporation. 5 HSV GP INC., acting as general partner of HSV LIMITED PARTNERSHIP I (Assignee) Per: Name: / Mu`- FrPc� Title: Freb; 464 Per: Name: Title: I have the authority to bind the Corporation. THE TOWNSHIP OF ORO-MEDONTE (Township) Per: Name: Title: Per: Name: Title: I/We have the authority to bind the Corporation. HSV GP INC., acting as general partner of HSV LIMITED PARTNERSHIP (Assignee) Per: Name: Title: Per: Name: Title: I have the authority to bind the Corporation. THE TOWNSHIP OF ORO-MEDONTE (Township) Per: Name: VN. Title: Per: Name: Title: Cam'% I/We have the authority to bind the Corporation. SCHEDULE"A" 2008 ASSIGNMENT AGREEMENT See attached. W S LEGALk07443 9\0003 8\2873 8 1 OM ASSIGNMENT AND ASSUMPTION AGREEMENT and CONSENT TO ASSIGNMENT OF AGREEMENT This Agreement and Consent are made as of the //d' day of July, 2008, AMONG: AMERICAN WATER CANADA CORP., a corporation incorporated under the laws of the Province of Ontario (hereinafter called the "Assignor") OF THE FIRST PART; -and- SKYLINE UTILITY SERVICES INC., a corporation incorporated under the laws of the Province of Ontario (hereinafter called the "Assignee") and - THE TOWNSHIP OF ORO-MEDONTE, (hereinafter called the "Township") OF THE SECOND PART; OF THE THIRD PART; WHEREAS the Township and American Water Services Canada Corp., now the Assignor, have entered into an agreement dated February 5, 2003 (the "Sewers Agreement') in respect of the construction and operation of certain Sewers, a copy of which is attached as schedule "A'; AND WHEREAS the Assignee has purchased the hands from the Assignor and the Horseshoe Valley Resort from Horseshoe; AND WHEREAS the Assignor would continue to operate the Facility and Sewers in accordance with the operating agreement entered into between the Assignor and Assignee as of the Effective Date (as such term is defined below); 2 AND WHEREAS pursuant to section 13.1 of the Sewers Agreement, the Assignor is prohibited from transferring ownership of the Sewers to the Assignee without the prior written consent of the Township and pursuant to section 13.3 of the Sewers Agreement, the Assignee is required to enter into a similar agreement with the Township; AND WHEREAS the Assignor and the Assignee have requested that the Township agree to the transfer of the Sewers to the Assignee subject to execution of the within and, subject to receiving the benefit of the covenants and agreements of the Assignor and the Assignee hereinafter set forth, the Township has agreed to do so. NOW THEREFORE THIS AGREEMENT WITNESSETH that in consideration of the mutual covenants and agreements hereinafter contained and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by each of the parties hereto, the parties hereto agree as follows: 1. Recitals. The parties acknowledge and agree that the recitals hereto are true and incontrovertible, which recitals are hereby incorporated by reference. 2. Effective Date. The effective date of this Agreement and Consent shall be the date of registration of the transfer of the Lands from the Assignor to the Assignee (the "Effective Date"). 3. Assignment and Assumption. The Assignor hereby assigns, transfers, sets over and conveys its interest in the Sewers Agreement to the Assignee as of the Effective Date, TO HAVE AND TO HOLD such interest unto the Assignee, its successors and assigns, forever, subject to the terms hereof. The Assignee hereby accepts this written assignment and covenants and agrees to assume all of the obligations of the Assignor under the Agreement, and covenants to perform such obligations, from and after the Effective Date. 4. Assignor's Covenants and Representations. The Assignor repeats and restates the representations and warranties contained in sections 2.1(a) and (b) of the Sewers Agreement.. 5. Assignee's Covenants. The Assignee hereby represents and warrants in favour of the Assignor and the Township that: a) it is a corporation duly organized, validly existing and in good standing under the laws of the Province of Ontario, with full legal right, power and authority to enter into and perform its obligations under the Sewers Agreement and this Agreement and Consent; and b) it has duly authorized the execution and delivery of this Agreement and Consent and this Agreement and Consent constitutes a legal, valid and binding obligation of the Assignee. Township's Consent. The Township hereby consents to the transfer of the Sewers and to the assignment of the Sewers Agreement from the Assignor to the Assignee as and from the Effective Date, subject to the following terms and conditions: a) this consent does not constitute a waiver of the necessity for consent to any further transfer of the sewers and Sewers Agreement; and b) by giving its consent pursuant to this Agreement and Consent, the Township does not hereby acknowledge or approve any of the terms of this Agreement and Consent as between the Assignor and the Assignee except for the transfer of the Sewers and the assignment of the Sewers Agreement itself and except for any amendments to the Sewers Agreement agreed to by all of the parties hereto. Township's Covenants. The Township hereby acknowledges, covenants and agrees with the Assignor and Assignee as follows: a) the Township repeats and restates the representations and warranties contained in section 2.2 of the Sewers Agreement; a) the Township repeats and restates the covenants and agreements contained in sections 4.1(a) to and including (f) of the Sewers Agreement; b) the Township hereby releases the Assignor from its obligations under the Sewers Agreement; and c) in consideration of the assumption of the Sewers Agreement by the Assignee, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by the Township, the Township hereby releases and forever discharges the Assignor and its directors, officers, employees, agents, representatives, shareholders, subsidiaries, successors and assigns (collectively, the "Releasees") of and from all covenants, obligations, liabilities, agreements, claims, debts, demands, actions, duties, suits, accounts, indemnities, claims over liability and causes of action of any kind or nature whatsoever which the Township ever had, now has or which the Township hereafter can, shall or may have against the Releasees, or any of them, for or by reason of any cause, matter or thing whatsoever relating to the Sewers Agreement (collectively, the "Liabilities"), which Liabilities are hereby assumed by the Assignee. 8. Acknowledgments and Amendments. a) The parties confirm and agree that this Agreement and Consent and the assumption provisions contained herein constitute the agreement contemplated by section 13.3 of the Sewers Agreement. b) The parties confirm and agree that the Assignee is not one of the Developers and, hence, all the terms of the Sewers Agreement pertaining to the Developers, the Development, the Adult Community are hereby deleted mutatis mutandis. c) The parties confirm and agree that the Trunk Sewer Extension have been constructed, that all terms and conditions of the Sewers Agreement pertaining to the said construction have been complied with (including without limitation the issuance of the certificates referred to in sections 1.1(e) and 1.1(f) of the Sewers Agreement and such other covenants contained in sections 2.1(c), 2.1(d), 3.1(a), 3.1(b), 3.1(c), 3.1(e), 3. ] (f), 3.1(g), 3.1(h), 3.2, 3.4 and 6.2 of the Sewers Agreement) and that all such provisions pertaining to the said construction are hereby deleted mutatis mutandis. For greater certainty, all of the terms and conditions pertaining to the operation and maintenance of the Trunk Sewer Extension and/or the construction, operation and maintenance of the Sewers contained in such sections shall remain in full force and effect, unamended. d) The parties acknowledge and agree that the existing Certificates of Approval issued by the Ministry in respect of the Facility and Sewers can only be amended to denote the Assignee as the owner of the Lands once title to the Lands has been transferred to the Assignee; and the Assignor and Assignee hereby undertake, covenant and agree to use commercially reasonable efforts to amend the Certificates of Approval as aforesaid forthwith after closing of the purchase and sale of the Lands and to provide the Township with copies of the amended Certificates of Approval forthwith upon receipt of same. e) The parties acknowledge and agree that the Assignor has provided the Township with a certified cheque or bank draft in the amount of $50,000 as financial assurance for the Sewers in accordance with section 3.1(e) of the Sewers Agreement. Concurrently with the execution of this Agreement and Consent by the Assignor and the Township, respectively, the Assignor shall provide the Township with a replacement certified cheque in the same amount and the Township shall return the certified cheque of the Assignor to the Assignor. f) Section 1.1(p) of the Sewers Agreement is hereby amended by deleting therefrom the words "service agreement with the Developer or AWS, respectively;" and inserting in their stead the words "service agreement or otherwise;". g) The Sewers Agreement is hereby amended by deleting therefrom the first sentence of section 13.1. h) Section 14.1 of the Sewers Agreement is hereby amended by deleting therefrom the notice information for the Assignor (AWS) and inserting instead the following notice information for the Assignee: 1101 Horseshoe Valley Road Comp. 10, RR #1 Barrie, Ontario, Canada L4M 4Y8 Attention: VP Operations and Development Fax: 705.835.2149 i) The parties confirm and agree that all other terms of the Sewers Agreement remain in full force and effect, unamneded. 9. General. a) It is understood and agreed that all capitalized terms and expressions when used in this Agreement and Consent, unless otherwise defined, have the same meaning as ascribed to them in the Sewers Agreement. b) The Assignee and the Township agree that amendments to this Agreement may have to be made if required to reflect changes to Provincial legislation or policy regarding the operation, maintenance or funding of sewage treatment works and related facilities. c) This Agreement and Consent shall be governed by and construed in accordance with the laws of the Province of Ontario and the laws of Canada applicable therein. d) The Assignor and the Assignee shall, at their expense, promptly execute such further assurances with respect to the Sewers Agreement as the Township reasonably requires from time to time. e) This Agreement and Consent may be executed in any number of counterparts and by different parties in separate counterparts, each of which when so executed shall be deemed to be an original and all of which taken together shall constitute one and the same agreement. f) This Agreement and Consent shall enure to the benefit of the parties hereto and their respective successors, personal representatives, executors and permitted assigns, and shall be binding upon the parties hereto and their respective successors, personal representatives, executors and pennitted assigns. IN WITNESS WHEREOF the parties hereto have executed this Agreement and Consent as of the date above first written. AMERICAN WATER CANADA CORP., ��7� / (Assignor) Per: v e:.l ft`riy L. Mchttyre� Title: Vice President Per: Name: Title: I/We have the authority to bind the Corporation. SKYLINE UTILITY SERVICES INC. (Assignee) Per: Name: Title: I have the authority to bind the Corporation. THE TOWNSHIP OF ORO-MEDONTE (Township) Per: Name: Title: Per: Name: Title: I/We have the authority to bind the Corporation. Legqal'3542868 t 037423-00010 Agreement with AW S and Township - sewers revised July 9 0800c (84032 bytes)) 0 f) This Agreement and Consent shall enure to the benefit of the parties hereto and their respective successors, personal representatives, executors and permitted assigns, and shall be binding upon the parties hereto and their respective successors, personal representatives, executors and permitted assigns. IN WITNESS WHEREOF the parties hereto have executed this Agreement and Consent as of the date above first written. AMERICAN WATER CANADA CORP., Per: Name: Title: (Assignor) Per: Name: Title: I/We have the authority to bind the Corporation. SKYLINE UTILITY SERVICES INC. (Assignee) Per: Name: Par, AmanV Title: CC'� I have the authority to bind the Corporation. THE TOWNSHIP OF ORO-MEDONTE (Township) Per: Name: Title: Per: Name: Title: I/We have the authority to bind the Corporation. r, f) This Agreement and Consent shall enure to the benefit of the parties hereto and their respective successors, personal representatives, executors and permitted assigns, and shall be binding upon the parties hereto and their respective successors, personal representatives, executors and permitted assigns. IN WITNESS WHEREOF the parties hereto have executed this Agreement and Consent as of the date above first written. AMERICAN WATER CANADA CORP., Per: Name: Title: (Assignor) Per: Name: Title: I/We have the authority to bind the Corporation. SKYLINE UTILITY SERVICES INC. (Assignee) Per: Name: Title: 1 have the authority to bind the Corporation. THE TOWNSHIP OF ORO-MEDONTE (Township) Per: 10-1/ in .S. ughes Title: Mayo Per- 'a �u las Irwin Title: Clerk I'We have the authority to bind the Corporation. SCHEDULE A See attached. THIS AGREEMENT made ihia7 da � 1vo23 Y of-dacwar'Y, zvn'a• BETWEEN: THE TOWNSHIP OF ORO MEDONTE (herein called the "Township") OF THE 'FIRST PART - and - AMERICAN WATER SERVICES CANADA CORP. previously known as Azurix North America (Canada) Corp. (herein called "AWS") OF THE SECOND PART WHEREAS AWS owns, operates and manages water and wastewater assets, offers water -related services and develops and manages water resources worldwide; AND WHEREAS AWS has certain property rights in certain lands described and depicted in Schedule "A" hereto (the "Lands"), on which is or will be located sewage conveyance facilities more fully described in Schedule "B" hereto (the "Sewers"); AND WHEREAS Horseshoe Resort Corporation ("Horseshoe") and other developers, including specifically Laurel view Homes Inc. (collectively with Horseshoe, the "Developers") own certain lands in close proximity to the Lands, on which Horseshoe has developed a resort, Including hotel, restaurant and oondominium facilities (the "Development") and the Developers intend to further develop a residential site entailing an adult lifestyle facility (the "Adult Community"); AND WHEREAS AWS is currently providing sewage treatment to the Development and the Developers require the service to be increased, as a result of the addition of the Adult Community; AND WHEREAS AWS and Horseshoe have entered, or will enter, into an agreement (the "Contractj for the construction of, inter alia, an addition to the current sewage treatment facility (the "Facility"), which addition shall include a trunk sewer extension to the Sewers (the "Trunk Sewer Extension") and the operation, maintenance and repair of the Facility and Sewers once completed; AND WHEREAS the Township Will only support the further development of the Adult Community based on the construction and operation of the Sewers and the continued operation Of the Facility by AWS; AND WHEREAS the Ministry has issued, and will from time to time issue, an amendment to the Certificate of Approval for the Facility to incorporate the Sewers, a copy of which is attached hereto as Schedule "Co. 1 K%Construclion a Operating AgreementslANA Enpineerina%oro•MeConte TOW3hipl$%WerMRA-Jan 17,03•Flnal.dOC Zoo Id 3ZHO(law-OHO 30 diHsxmo.t 01v:ZT L00Z-OT-AWN AND WHEREAS the Developers have or will enter into contracts with certain persons for the phased -in construction of the Community Sewers, as described in Schedule "W' hereto; AND WHEREAS the Township will require, as a condition of the subdivision approval the transfer of ownership of the, Community Sewers from the Developers to AWS on a phased - in process once the Community Sewers are constructed, commissioned and the maintenance period has expired and the Township has assumed the Sewers; AND WHEREAS depending upon the development of the area around the Adult Community, the Town Sewers, as described in Schedule 'U' hereto may be constructed to provide sewage to such town residents; AND WHEREAS the Township does not wish to construct, own or maintain the Town Sewers once constructed and intends to transfer ownership of the Town Sewers to AWS on a phased -in process once the Town Sewers have been constructed, commissioned and the maintenance period has expired and the Township has assumed the use of the Sewers; NOW THEREFORE for good and valuable consideration, the sufficiency and receipt of which is hereby acknowledged, and the mutual covenants contained herein, the parties agree as follows: ARTICLE 1. DEFINITIONS AND INTERPRETATION 1.1 As used in this Agreement, in addition to those words and phrases already defined herein, the following words and phrases mean: a) "Adult Community" means the approximately 600 residential units to be built by the Developers intended to be an adult lifestyle facility located east of Oro- Medonte Third Line and south of Highland Drive, Oro-Medonte, Ontario; b) `Arbitration Act" means the Arbitration Act, S.O. 1991, c.17, as amended or replaced from time to time; c) "AWS" means American Water Services Canada Corp, an Ontario corporation, previously known as Azurix North America (Canada) Corp.; d) "Certificate of Approval" means an approval issued under the authority of the Ontario Water Resources Act, the Environmental Protection Act, the Ministry or other any applicable provincial legislation relating to the operation or functioning of the Facility and the Sewers, or a portion thereof, as it may be amended, revised or reissued from time to time; e) "Certificate of Maintenance and Final Acceptance" means a certificate issued by the Township upon the recommendation of the Township Engineer confirming that the Sewers constructed by the Developer, in accordance with the terms of the applicable subdivision agreement, have been satisfactorily completed and maintained by the Developer during the two-year (2) maintenance period, and issuance of the said certificate following a CCTV inspection and any remedial works carried out at the developer's cost, shall constitute final acceptance and assumption of the Sewers by the Township; 2 HAOMMOti00 & Opereting Agre9:nentMANA Eeglneeriog%Oro-Medonte TmmshipySgworMRAJan 19,03•Final.doe E00'd 211NOGN-OHO d0 dIHSNDiOZ Oir:Zt LOOZ-OT-AVW "Certificate of Substantial Completion and Acceptance" means a certificate issued by the Township upon the recommendation of the Township Engineer confirming that the Sewers to be installed by the Developer under the provisions Of the applicable subdivision agreement, have been substantially completed in accordance with plans and specifications reviewed and accepted by the Township Engineer. The issuance of a Certificate of Substantial Completion and Acceptance shall not constitute an assumption of the Sewers by the Township; g) "Certified Cheque" means the certified cheque provided by AWS and issued in favour of the Township to secure the operation, maintenance and management of the Sewers in accordance with the terms and conditions of this Agreement; h) "Community Sewers" has the meaning set out in Schedule 'B" hereto; "Contract" means that agreement to be executed between AWS and Horseshoe for the construction of the Trunk Sewer Extension and the continued operation, maintenance and repair of the Facility and Sewers; "Condominium Act" means the Condominium Act 1998, S.O. 1998, c. 19, as amended or replaced from time to time; k) "Construction Lien Act" means the Construction Lien Act, R.S.O. 1990, c. C.30, as amended or replaced from time to time; "Deficiency" means any breakdown or malfunction of the Sewers that would cause them not to function and provide the service required by the residents of the Adult Community, that would cause them not to comply with the requirements of the Certificate of Approval and/or is a detriment to the Township and public property, public health or the environment; m) "Developers" means Horseshoe and such other developers who are responsible from time to time for the development of the Adult Community; n) "Development" means the resort, including hotel, restaurant, time-share and condominium facilities as may be developed by Horseshoe and the Developers from time to time; o) "Director" means the director appointed by the Minister of Environment under the Environmental Protection Actor the Ontario Water Resources Act; p) "End Users" shall mean those residents of the Adult Community or such other residents of the Township who will receive and pay for sewage services from the operation of the Facility and the Community Sewers between such residents or the Town Sewers, respectively, pursuant to a service agreement with the Developer or AWS, respectively; q) "Environmental Protection Act" means the Environmental Protection Act, R.S.O. 1990, c. EA 9, as amended or replaced from time to time; "Facility" means the existing sewage treatment facility owned by AWS and servicing the Development; 3 'Ift0onstruction & Operating Agr6enlenWANA Engineoring\Oro-Medonte Tomshi"GwWMRA•Jan 17,03-Final.doc 400'd 3,LNOU14-OHO d0 81HSNMOJ. 06:2t LOOZ-OI-1tvbi s) "Fund" means the replacement and reserve fund to be established by AWS, into which the Fund Allocation shall be deposited for the purpose of financing Replacement and Reserve Costs; t) "Fund Allocation" means that portion of Revenue allocated by AWS to be deposited into the Fund, as defined in Article 7.1 herein, in any given year, based on the Replacement and Reserve Costs; u) "Horseshos" means Horseshoe Resort Corporation, an Ontario corporation, which owns the Development; v) "lands" means the real property owned by AWS, as described and depicted in Schedule "A" hereto; w) "Ministry" means the Ministry of the Environment for the Province of Ontario or any other agency designated by either the province of Ontario or the Ministry of the Environment to act on its behalf; x) "Municipal Act" means the Municipal Act, R.S.O. 1990, c. M.45, as amended as it existed on December 31, 2002; y) "Municipal Act, 2001" means the Municipal Act, 2001, S.O. 2001, c. 25, which comes into force on January 1, 2003, and any regulations to beenacted in respect thereof; Z) "Municipal Responsibility Agreement" means the agreement between the Township and AWS dated September 1, 2001 providing for the responsibilities of each of the Township and AWS in respect of the Facility; aa) "Ontario Water Resources Aar' means the Ontario Water Resources Act, R.S.O. 1990, c. OAO, as amended or replaced from time to time; bb) "Planning Act" means the Planning Act, R.S.O. 1990, c. P.13, as amended or replaced from time to time; cc) "Replacement Costs" means the estimated costs for replacing the Sewers, , including the associated inspection and maintenance of the Sewers and any mechanical or electrical elements of the pumping station that may require repair in any given year, as set out in Schedule "D" hereto; dd) "Revenue" shall mean the monies collected by Horseshoe and/or AWS (or such other party as AWS may designate from time to time) from the End Users for the provision of sewage services through the operation of the Facility and the Sewers by AWS, which shall ultimately be paid to AWS by Horseshoe and/or the End Users pursuant to the terms of the Contract or those contracts that AWS shall have directly with the End Users; ee) "Sewers" means the original trunk sewer, the Trunk Sewer Extension, the Community Sewers and the Town Sewers, all as more particularly described in Schedule "B" hereto; 4 HAConst Wion & Operating AgrsemonwANA EnoineeringlOro•Modoree Township•,SowerMRAJan 17.03-Final.doe 900'd HIN003W-080 dO dIHSNMOt OttZi LOOZ-OT-AYW ff) "Town Sewers" has the meaning set out in Schedule r'B" hereto: gg) "Township" means the Township of Oro-Medonte; hh1 "Trunk Sewer Extension" means the trunk sewer extension to the Sewers to be built by AWS, as more particularly defined in Schedule "B" hereto; and ii) "Trustee" means the treasurer appointed by the Township, from time to time, to manage the financial matters of the Township. 1.2 The division of this Agreement into articles and sections is for convenience of reference only and shall not affect the interpretation or construction of this Agreement. 1.3 The following schedules, which are attached hereto and may be amended from time to time to incorporate any additions or modifications to the description of the Sewers as they are built and the Certificate of Approval or the Fund to accommodate the modifications to the Sewers, together with all provisions therein, are hereby made a part of this Agreement as fully and for all purposes as would be the case if they were set out in the text of this Agreement as covenants and agreements: Schedule "A" — Legal description of the Lands Schedule "B" — Description of the Sewers Schedule "C" — Certificate of Approval for the Facility and the Sewers Schedule "D" — Fund 1.4 The masculine gender shall include the feminine and neuter genders, and vice versa, the word "person" shall include firms and corporations and the singular number shall include the plural, and vice versa. ARTICLE 2. REPRESENTATION AND WARRANTIES 2.1 AWS hereby represents and warrants as follows: a) it is a corporation duly organized, validly existing and in good standing under the laws of the Province of Ontario, with full legal right, power and authority to enter into and perform its obligations under this Agreement; b) it has duly authorized the execution and delivery of this Agreement and this Agreement constitutes a legal, valid and binding obligation of AWS, enforceable against it in accordance with its terms; c) it has or will acquire an easement to the golf course and the club house owned by Horseshoe and located on the Development, for the purpose of accessing the Facility and the Sewers; and d) it is either the legal and beneficial owner of the Lands or has acquired or will acquire an easement or licence to the Lands owned by Horseshoe and an easement or licence over the Township property, in which the Sewers are or may be located. 5 MACOmtructnn & Operating AgreenentsWNA EngineeringtOro•Medonte T0MShip)SewerMRA-Jan 17,03•Finel.doe 900'd 91NOGN-Ot0 30 dlHSNAOS Ot:Z1 LOOZ-OI-AHN 2.2 The Township hereby represents and warrants as follows: a) A is a municipal corporation duly organized, validly existing and in good standing under the laws of the Province of Ontario, with full legal right, power and authority to enter into and perform its obligations under this Agreement; b) it has duly authorized the execution and delivery of this Agreement and this Agreement constitutes a legal, valid and binding obligation of the Township, enforceable against it in accordance with its terms; c) it has obtained all approval, authorization, order or consent of, or declaration, registration or filing with, any governmental authority that is required for the valid execution and delivery by the Township of this Agreement, including any approval required pursuant to section 65 of the Onfario Municipal Board Act, R.S.O. 19%, c. 0. 28; and d) it has or will enact any by-laws necessary pursuant to section 210.1 of the Municipal Act necessary to give effect to this Agreement. ARTICLE 3. DUTIES AND RESPONSIBILITIES OF AWS 3.1 AWS covenants and agrees that it shall: a) construct the Trunk Sewer Extension according to current acceptable engineering practices and operate, maintain, and if necessary, repair and/or replace all or pan of the Sewers after they are constructed in accordance with the operating standards and the terms and conditions contained herein; b) prepare, at its own cost, all plans, specifications, profiles, contours, and other engineering material, drawings and data required in the opinion of the Township, acting reasonably, in respect of the construction of the Trunk Sewer Extension and shall submit such plans, specifications, profiles, contours and other engineering material, drawings and data to the Township for approval; c) obtain, at its own cost, any and all approvals and licenses required in connection with the Trunk Sewer Extension and its operation; d) obtain the financial assurance for the Sewers in the form of the Certified Cheque, which amount shall be equal to Fifty Thousand dollars ($50,000); e) not commence any work on the construction of the Trunk Sewer Extension nor operate the Sewers until it has received a Certificate of Approval in respect of such construction or operation and the Township's approval to commence the operation, provided that the Township shall act reasonably and promptly in providing such approval; f) prepare a contingency plan for sewage haulage in the event of a Deficiency that results in a type of failure of the Sewers that requires haulage of sewage; 8 HACO 1, wtlon & Operehng AoreemenMANA Englneenng�Oro•Modonte Towneht%SOWWRA-An 17,03-Flnal.doe L00'd 51H0Q3W-0H0 d0 dIHS001 06:ZT LOOZ-OT-AYW g) prepare and provide to the Township, a copy of all reports, including any plans or specifications contained therein, in respect of the operation and maintenance of the Sewers or required to be provided to the Ministry, from time to time; and h) provide to the Township, a copy of any and all documents submitted to the Ministry including, but not limited to, an operation and maintenance manual and a sludge disposal program, and a copy of any and all field orders, work orders or compliance documents issued by the Ministry, in respect of the operation and maintenance of the Sewers. 3.2 AWS acknowledges and agrees that the design and Construction of the Trunk Sewer Extension and the operating standards of the Sewers will be those upon which a Certificate of Approval and any orders or other requirements imposed under the Environmental Protection Act or the Ontario Water Resources Act are based, by the Ministry or together with such additional requirements as the Township may reasonably impose pursuant to any authority within its jurisdiction and responsibility. The parties agree that the Township may impose any of the terms of this Agreement as conditions for the approval of any Certificate of Approval or other approval issued by the Ministry or under the Planning Act or the Condominium Act and AWS shall not object to or otherwise appeal the imposition of such terms as conditions to arty such approval or Certificate of Approval issued to AWS. 3.3 AWS shall not add to, alter or extend the Sewers without advising and providing the Township with a copy of any and all such additions, alterations or extensions. In the event AWS makes any changes to the Sewers, AWS shall provide to the Township Certified updated "as built" plans. AWS shall obtain all approvals, permits and certificates required under applicable law prior to effecting any such addition, alteration or extension. 3.4 AWS further acknowledges and agrees that all materials to be supplied hereunder with respect to the Trunk Sewer Extension shall be in accordance with Ontario Provincial Standards or appropriate design guidelines and 9 no materials are specified in any particular case, then the same shall be of good quality and appropriate in design and Construction for the Trunk Sewer Extension, and shall be subject to the approval of the Township acting reasonably. 3.5 Nothing contained herein shall limit the obligation of AWS to continue to provide reports to the Ministry in respect of the Sewers, and AWS shall be solely responsible for providing such reports to the Ministry. ARTICLE 4. DUTIES AND RESPONSIBILITIES OF THE TOWNSHIP 4.1 The Township covenants and agrees that it shall: a) set up a mechanism to advise any customers of the Sewers, who may inadvertently call the Township regarding complaints or issues related to the services provided by AWS that any such complaints or matters relating to the service provided by AWS, should be directed to:Jeff Trudeau at 905.572-5905; b) review within fifteen (15) days of receipt all capital expenditure plans prepared and provided by AWS in respect of the Sewers; 7 14ACOnstruction 6 Operating AgreemenfMANA Eng1neerirgl0ro-Medonte Townshlp\SewerMRAJan 17,03-Final.da 1300'd BSHOO2W-080 10 dIHSHMOI 09:ZT LOOZ-OI-AVW c) ensure that AWS has the opportunity to inspect the Sewers at the time of installation and the ability to confirm that the Sewers are all built in accordance with prevailing standards; d) transfer to AWS any and all warranties for the Sewers that the Township obtains from those Developers who have constructed the Sewers and assist AWS where necessary to enforce any such warranties; e) use its best efforts within its jurisdiction, to enact a by-law allowing AWS and/or Horseshoe to collect water and/or sewage fees from the Township residents, which shall also provide an enforcement mechanism by which AWS can have remedies for non-payment of such fee and shall assist where possible with enforcement; and assume responsibility for the operation of - the Sewers in the event of an Operating Default under the Municipal Responsibility Agreement in which case the Township shall be entitled to call In and utilize the Certified Cheque and monies from the Fund pursuant to Article 7 herein. ARTICLE S. THIRD PARTY ENGINEER 5.1 For the purposes of monitoring the Sewers and providing comments on and approval of reports prepared by AWS, the Township may, in its sole discretion, retain an engineer (the "Township Engineer") to perform the following: a) monitor the construction of the Trunk Sewer,Extension by AWS and provide to the Township a certificate that the construction of the Trunk Sewer Extension has been completed in accordance with the Certificate of Approval; b) monitor the operation of the Sewers on an annual basis to -confirm compliance with the provisions of the Certificate of Approval; c) review any and all Rectification Plans (as defined below) proposed by AWS for any Deficiency which may arise during the term of this Agreement in respect of the condition or operation of the Sewers; b) review and approve all requests for Replacement and Repair Costs exceeding the threshold, as set out in section 7.5; and d) review any and all capital expenditure plans in, respect of the Sewers prepared by AWS and submitted to the Township. 5.2 AWS hereby covenants and agrees to reimburse the,Township for the costs associated with retaining the Township Engineer and performing the tasks herein, provided that such costs shall not exceed Two Thousand dollars ($2,000.00) in any given year and further provided that any amount not reimbursed to the Township for any given year up to the maximum amount, shall not carry over to any subsequent years as a benefit: or credit to the Township. Such amount shall be reimbursed annually up to the agreed amount of Two Thousand dollars ($2,000.00). 8 HACOMW000n A Opwating AgroomerVANA Engineering\pro•MBtlonte T"Mhip\SO MRAJen 17,03•Final.aw 600'd 3lmo(la1-OHO 140 dIHSHA01 Ot:ZT LOOZ-OT-Ayw 6.3 Each of the Township and AWS hereby acknowledges and agrees that the Township Engineer acts solely for and in the discretion of the Township in performing his duties hereunder and the Township Engineer shall not be required to report tojor act for the benefit of AWS. ARTICLES. OWNERSHIP, REPAIR, MAINTENANCE OR REPLACEMENT OF SEWERS 6.1 The parties acknowledge and agree that during construction of the Sewers, the respective Developers are the owners of the Sewers fc which they are responsible for constructing. The Township shall ensure that it has entered into agreements with the Developers, granting AWS a right to inspect and confirm thayjthe Sewers have been constructed in accordance with industry standards and providing AIyS an opportunity to require the Developers to rectify any deficiencies. The Township shall)) take all steps necessary to assist AWS in exercising such rights and to enforce such rights if necessary. 6.2 The Township shall not issue a Certificate of Subst the Developers, until such time as AWS has approved the readiness and acceptability for commission. The partle commissioning and transfer of ownership of the Sewers s nothing herein shall require the transfer of ownership of Upon the issuance of the Certificate of Maintenance and I immediately transfer ownership of the Sewers to AWS. 1 damage or claims in respect of the Sewers prior to its owns 6.3 In the event the Ministry determines that a Deficien< the Township in writing (the "Deficiency Noticel of the N Deficiency Notice shall include any order issued by the Minis intended plan of action for rectifying the Deficiency if ordere "Rectification Plan'), including the minimum and mm Rectification Plan shall be completed. AWS, at its own cost required under statute or by the MinIstry to rectify any suc Deficiency in accordance with the terms of the Rectiticatlo certify to the Township that all Deficiencies have been Rectification Plan. In the event AWS fails to rectify the Defii right to remedy the Deficiency itself, and AWS shall relmb such repairs. tial Completion and Acceptance to instruction of the Sewers and their acknowledge and agree that the 11 occur on a piecemeal basis and of the Sewers at the same time. aI Acceptance, the Township shall fS shall not be liable for any loss, hip thereof. exists AWS shall promptly notify ticulars of such Deficiency, which y to rectify the Deficiency or AWS to create one by the Ministry (the mum time period in which the shall obtain any and all approvals Deficiency and shall rectify such Plan and upon completion, shall rectified in accordance with the envy, the Township shall have the me the Township the cost of any 6.4 Notwithstanding any provision contained herein, the obligation of AWS to provide a Deficiency Notice does not preclude any obligation it may have to report such Deficiency to the Ministry or any other authority as required by law, and AWS j hall report the. occurrence of such Deficiency as required by the Ministry or any other authority. 6.5 If AWS, the Ministry or the Township determines that U e Deficiency is of a type that may cause a material danger to human health, the environment or real property owned by the Township, the Township may provide a copy of such Deficiency Notice to any public authority it deems appropriate and necessary to advise to ensure adequate protection of the public, environment or property from the effects of the Deficiency. ARTICLE 7. REPLACEMENT AND RESERVE FUND 7.1 AWS and the Township shalt be required, upon the assumption of the Community Sewers by the Township and subsequent transfer to AWS and for the term of this Agreement I 9 � H1constnxtion & Oporsting AgreemantsMA Eny1n08ring\0ro-Medonte Towrl$10 o"W R"an 17.03-Final.tloc OTO'd 31HOQ3W-080 dO dIHS0101 It:Zh LON-OT-AYW thereafter, to establish and maintain the Fund for the purpose of financing the costs of inspecting, maintaining, repairing and replacing the Sewers. The parties hereby acknowledge and agree that AWS shall subsidize the Fund throughout the term of this Agreement with the Fund Allocation. AWS hereby covenants and agrees to deposit any and all of the Fund Allocation collected by Horseshoe and/or AWS from the End Users and received by AWS from Horseshoe and/or the Developers into the Fund. The Fund shall include an annual capital replacement amount, for purposes of Sewer replacement at the end of an anticipated fifty (50) year fife. The amount required to be held in the Fund shall be adjusted, as and when required, to reflect the buildout rate of new Sewers, AWS shall ensure that the monies held in the Fund shall be held in an interest bearing account, which interest shall be added to the Fund. 7.2 AWS shall be required to maintain a sufficient amount of monies in the Fund to pay for the Replacement and Reserve Costs budgeted in any given year, as set out in Schedule "D" hereto for the term of this Agreement. The parties acknowledge and agree that the Fund Allocation deposited into the Fund in any given year may exceed or be less than the amount required for the Replacement and Reserve Costs for such year. The parties further acknowledge and agree that any surplus of the Fund Allocation deposited into the Fund and not expended In any given year, shall remain in the Fund and be carried forward to be applied to the Replacement and Reserve Costs for the following years. The parties acknowledge and agree that under no circumstance shall AWS be required to pay into the Fund monies other than the Fund Allocation. 7.3 AWS shall annually update the Replacement and Reserve Costs (the "updated estimate") and provide the Township Engineer with a copy of the updated estimate for its review and approval. In determining the updated estimate, AWS shall at a minimum take into consideration the actual cost paid to perform inspections and maintenance of the Sewers from the preceding year, the costs of any repairs or replacements made to the Sewers, the decreased lifespan of any of the Sewers, which may require early replacement, and any fluctuation in the market for the costs of maintaining the Sewers. AWS hereby covenants and agrees, in the case of those End Users who receive sewage service from the Community Sewers, to ensure that R the costs of services charged to such End Users, are sufficient to subsidize any increase in the Replacement and Reserve Costs resulting from the updated estimate. In the case of those End Users who receive sewage service from the Town Sewers, AWS shall advise the Township and the End Users at least thirty (30) days in advance, of the need and reason to increase the cost of such services to such End Users. 7.4 Each of the parties acknowledges and agrees that the amount required to be reserved in the Fund shall be adjusted from time to time to the extent that such reserve fluctuates up or down as a result of increased usage of the pumping station resulting from the number of Sewers constructed and commissioned for operation by AWS or others, changing costs, the updated estimate or other circumstances. 7.5 AWS is hereby authorized to withdraw monies from the Fund as required to pay for the Replacement and Reserve Costs and shall provide the Township with invoices evidencing such costs. Notwithstanding the foregoing, AWS shall notify the Township in writing once It has expended sixty percent (60%) of its annual Fund Allocation for such year. Upon receipt of any such notice, the Township or the Township Engineer shall, in its sole discretion, authorize, in writing AWS to utilize funds in excess of the sixty percent (600/6) threshold. In the event the actual Replacement and Reserve Costs in any given year are greater than the Fund Allocation for such year, arising from an extraordinary cost not otherwise anticipated by the parties, AWS shall directly pay for any such excess costs and shall be entitled to receive an adjustment or a 10 HAConstrucfion & Opwaang Agreements\ANA Engineering\OraModonte Townshlp\5ewerMRA•Jan 17,03-final.00c T TO'd SINOOSW—OHO 20 dlHSNMO1 TV:ZT LOOZ-OT—AVW credit to the Fund Allocation for the following year, equal to the amount of such excess overpayment by AWS.. 7.6 In the event that The Sustainable Water and Sewage Systems Act, S.O. 2002, c.29, or similar legislation requires an owner or operator of a water or sewer system to comply with certain regulations governing the accounting of the costs associated with operating such systems, including costs of replacement and maintaining a replacement fund, AWS and the Township shall comply with all applicable laws and regulations related thereto. This Agreement shall be amended, modified or replaced to conform to any such laws and regulations, at the time they come into effect. ARTICLE 8. ACCESS TO THE SEWERS 8A For purposes of inspecting the Sewers on an annual or bi-annual basis, conducting testing of the Sewers from time to time, and in cases of emergency, AWS hereby agrees to permit and facilitate the Township and/or the Township Engineer access to the Sewers during hours of operation upon the receipt of reasonable notice by AWS, provided that notice to AWS shall not be required in the case of an emergency necessitating access by the Township and/or the Township Engineer and further provided that AWS shall permit and facilitate immediate access to the Sewers in the case of an emergency. 8.2 AWS hereby grants to the Township all necessary easements for the appropriate access and egress over and across the Lands for purposes of inspecting the Sewers and reasonable appurtenances thereto pursuant to section 8.1, AWS further agrees to do all acts or things necessary to ensure the access of the Township as may be required by the Township and/or the Township Engineer to inspect the Sewers. 6.3 The Township hereby grants to AWS all necessary licences for the appropriate access and egress over and across any lands or roadways of the Township on or under which the Sewers are located, for purposes of undertaking its responsibilities under Article 3 herein and providing any emergency services that may be required. The Township further agrees to do all acts or things necessary to ensure the access of AWS as may be required by AWS in order to undertake its responsibilities hereunder. 8.4 AWS hereby covenants and agrees to obtain from Horseshoe, or such other property owner, all necessary easements for the appropriate access and egress over and across any lands of Horseshoe, or such other property owner, on or under which the Sewers are located, for purposes of undertaking its responsibilities under Article 3 herein and providing any emergency services that may be required. ARTICLE S. COLLECTION OF FEES 9.1 The parties hereby acknowledge and agree that as a private service provider, AWS shall contract with Horseshoe. the Developers or such other party as it deems appropriate, for the collection of fees for those services provided to End Users from the community Sewers, and Horseshoe, the Developers or such other party as it deems appropriate, will be solely responsible for issuing invoices to such End Users and collecting all fees payable under such invoices. AWS shall be responsible for issuing invoices to and collecting all fees payable under such invoices directly from those End Users who receive services from the Town Sewers. Other than as required under section 4.1(e), the Township shall not be required to collect any 11 H:1ConstrucWn & Opomilmg AgroemenWANA Englneerini;; r Medorte TownahtpM@werMRA-Jan 17.03-FInel.doc ZTO'd 31NOMM-OHO 30 dIHSHM01 Tt:ZT LOOZ-OT-AVN such fees and shall have no role in the enforcement of remitting fees for services provided by AWS for either the Community Sewers or the Town Sewers. ARTICLE 10. INSURANCE 10.1 AWS shall, upon transfer of ownership of each of the Sewers from the Developers and the Township and throughout the term of this Agreement, at its sole cost and expense, self insure the Sewers for all major perils, including, fire and standard extended coverage, sprinkler leakages (where applicable), earthquake, flood and collapse. 10.2 The parties acknowledge and agree that any payments for claims arising from the operation of the Sewers, including sewer backup, are the sole responsibility of AWS. 10.3 In the event of damage to the Sewers for which a claim is made under the Township's environmental insurance coverage, the parties acknowledge and agree that the aforementioned insurance may be subject to a loss deductible clause and that any payments for claims arising from damage to the Sewers that fall within the deductible limit are the sole responsibility of AWS. ARTICLE 11. DEFAULT 11.1 A default (a "Default") shall be deemed to have occurred it any one or more of the following events occur: a) receipt by the Township of notice that AWS has ceased or threatens to cease to carry on business, whether such cessation of business be either voluntary or involuntary; b) receipt by the Township of notice of the impending insolvency of AWS; c) failure by AWS to meet its obligations to any third party that would affect the operation of the Sewers; and d) failure by AWS to remedy a Deficiency within the timeframe allocated by AWS to be remedied in the Rectification Plan pursuant to section 6.3 herein, which timeframe shall include any extensions granted or agreed to by the Township. 11.2 In the event of a Default the Township shall give written notice to AWS of the nature of the Default, and the timeframe, if applicable, within which AWS shall be required to remedy the Default. if AWS is unat)le to or fails to remedy such Default within the time frame and the manner required by the Township, the Township may, in its sole discretion, use the Certified Cheque, where possible to remedy such Default. Notwithstanding anything to the contrary, the Township acknowledges and agrees that it may not be entitled to assume responsibility for the operation of the Sewers in the event of a Default pursuant to section 11.1(c), and that such responsibility may be determined by a trustee in bankruptcy, 11.3. In the event an Operating Default, as defined in the Municipal Responsibility Agreement, which continues twenty-four (24) months beyond the timeframe within which AWS was required to remedy such default, AWS shall immediately upon demand by the Township, transfer ownership of the Facility and the Sewers to the Township, and do whatever acts as may be necessary to affect such transfer. In the event of such transfer, this Agreement shall terminate 12 HACOWWOWn q, Operating AgreemenIMANA Fngtn wtng\OraMedOme Towshlp\SBwerMRAJan 17,03-Final.mc ETO'd 81H003W-OHO do dIHSNFIOJ, TP:ZT LOOZ-OT-AVW and neither the Township nor AWS shall have any further obligation hereunder, with the exception of AWS's obligation pursuant to Article 12 herein. The transfer referred to herein shall also refer to any interest AWS may have in the Certified Cheque and the Fund. In addition, to the remedies provided herein, the Township shall have any and all remedies available to it under law for termination of this Agreement pursuant to a default. 11.4 In the event the Township is required to assume responsibility for operation of the Sewers pursuant to a Default under section 11.3 or otherwise obtains ownership of the Sewers, AWS shall assist and cooperate with the Township and/or its agents with effecting such assumption of operations or transfer of ownership, including but not limited to, providing: documentation and records relevant to the operation of the Sewers, employees and/or contractors to assist in operating the Sewers and unrestricted access to the Sewers. AWS shall also transfer to the Township the full amount of monies reserved in the Fund in accordance with Schedule "D', less any amounts expended on Replacement and Reserve Costs pursuant to Article 7 herein. AWS hereby covenants and agrees to continue to provide sewage service through the Facility, notwithstanding the assumption of operation by or transfer of ownership of the Sewers to the Township. ARTICLE 12_ INDEMNITY 12.1 AWS agrees to indemnify and shall keep indemnified and save harmless the Township from all loss, damage, cost and expense, claims, demands or actions of every nature and kind whatsoever, including death or injury, arising from or in consequence of the negligent maintenance or operation of the Sewers or any matter under this Agreement, whether such loss, damage, cost or expense, claims, demands or actions is sustained by the Township, AWS, or their several and respective employees, workmen, servants, agents or councilors or any other person. ARTICLE 13. TERMINATION 13.1 Unless earlier terminated as a result of an Operating Default, under the Municipal Responsibility Agreement or a Default, this Agreement shall remain in effect until such time as AWS transfers ownership or operations of the Sewers to another party and the Agreement referred to in section 13.3 below is executed. AWS shall not transfer ownership or operations of the Sewers to another parry without the prior written consent of the Township, which shall not be unreasonably withheld. 13.2 Either party may terminate this Agreement without cause upon twelve (12) months' advance written notice to the other party. In the event of such termination, AWS shall transfer ownership of the Town Sewers to the Township and AWS shall comply with its obligations as set out in section 11.5 herein. 13.3 Prior to any transfer of ownership or operation of the Sewers, AWS shall have provided the Township with thirty (30) days notice of such impending transfer and shall have advised the prospective owner or operator of this Agreement and its requirement to enter into a similar agreement with the Township and such similar agreement shall have been executed by the Prospective owner or operator and the Township. Notwithstanding the foregoing, nothing contained herein shall restrict AWS from effecting any changes in corporate ownership or structure and continuing Its obligations hereunder subsequent to any such change in corporate ownership or structure. 13 M9Constrwhon & Operatlng AgreameM6WNA EngineennMOro•Medonte Townshlp%SOWMRA%lM 17M-Final.410c '610,d-KNOQSW-OZ10 30 d1ASK1101 14:ZT LOOZ-OT-AtlW 13.4 Upon the coming Into force of Municipal Act, 2001 and the enactment of regulations permitting the creation of municipal infrastructure corporations for the operation of water systems, sewers and sewage treatment plants, the parties agree to consider the benefits of creating and participating in such corporation, and I necessary, to amend or rescind this Agreement in consideration thereof. ARTICLE 14. GENERAL PROVISIONS 14.1 All notices, requests, demands or other communications by the terms hereof required or permitted to be given by one party to another shall be given in writing by personal delivery or by registered mail, postage prepaid, addressed to such other parry or delivered to such other party as follows: to the Township at: Box 100 Oro Station, ON LOL 2XO Attention: Township Cierk Fax: (705) 487-0133 to AWS at; 100 King Street West P.O. Box 57159, Jackson Station Hamilton, ON LSP 4X1 Attention: Fax: (905)521-9613 or at such other address as may be given by any of them to the others in writing from time to time and such notices, requests, demands or other communications shall be deemed to have been received when delivered, if facsimile transmission three (3) business hours after transmission, or, if mailed, three (3) days after the day following the day of the mailing thereof; provided that K any such notice, request, demand or other communication shall have been mailed and if regular mail service shall be interrupted by strikes or other Irregularities, such notices, requests, demands or other communications shall be deemed to have been received three (3) days after the day following the resumption of normal mail service. 14.2 The parties hereto shall sign such further and other documents, cause such meetings to be held, resolutions passed and by-laws enacted, exercise their vote and influence, do and perform and cause to be done and performed such further and other acts and things as may be necessary or desirable in order to give full effect to this Agreement and every part hereof. 14.3 The parties hereto acknowledge and agree that this Agreement shall be registered on title to the Lands and any existing encumbrances registered on title to the Lands shall be postponed In favour of the registration of this Agreement. 14.4 Time shall be of the essence of this Agreement and of every part hereof and no extension or variation of this Agreement shall operate as a waiver of this provision. 14.5 This Agreement constitutes the entire agreement between the parties hereto with respect to all of the matters herein and its execution has not been induced by, nor do any of the parties hereto rely upon or regard as material, any prior or concurrent representations or writings whatsoever not incorporated herein and made a part hereof. 14 H.1000struotw & 0peratng AgreementslANA Englnesringl0ro6Msdonte Townshlp%SewBrMRAJan 17,03-Final doc 9TO'd 81HOCISW-090 d0 dI14SHM01 T9:ZT LOOZ-OT-LVW 14.6 In the event that any provision of this Agreement shall, for any reason, be determined to be invalid, illegal or unenforceable in any respect, the parties hereto shall negotiate in good faith and agree as to such amendments, modifications or supplements of this Agreement, that to the maximum extent practicable in light of such determination, implement and give effect to the intentions of the parties as reflected herein, and the other provisions of this Agreement shall, as so amended, modified or supplemented, or otherwise affected by such action, remain in full force and effect. 14.7 This Agreement may be executed in counterparts and by fax, each of which counterpart shall be deemed an original, and all of which when executed and delivered, shall together constitute one and the same instrument. 14.8 Neither this Agreement nor any provision hereof maybe changed, modified, amended or waived except by written agreement executed by each party hereto. 14.9 This Agreement shall be construed in accordance with, and governed by, the laws of the Province of Ontario. 14.10 This Agreement and the covenants, provisions, conditions and schedules therein, shall enure to the benefit of and be binding upon the respective successors and assigns of each of the parties hereto. ARTICLE its. COSTS OF ADMINISTRATION 15.1 AWS hereby covenants and agrees to pay, in addition to the costs associated with the retention of the Township Engineer, to the Township, any and all reasonable costs associated with the negotiation and administration of this Agreement, including any and all costs charged to the Township for retaining legal counsel or other consultants, excluding the maximum amount allocated to the Township Engineer, to the maximum of ten thousand dollars ($10,000.00). For any amounts greater than such amount, the Township shall provide a copy of the invoice to AWS for its review and approval as to payment. IN WITNESS WHEREOF the parties hereto have duly executed this Agreement as of the date first written above. THE TOWNSHIP OF ORO-MEDONTE � Per: ` Y lf' Name: JNeil Craig .y i Title: Mayor .•. Per: Name: in n Penny g'k Title: Toyuashlp Gerk : Z AMERICAN WATER SERVICES CANADA CORP. Per, _ Name• :Y Title: ,�2451I>f'i Per. �� Name: MOIRA C. WALLACE Title: ASSISTANT SECRETARY 15 HAConStrucGon & Operating Agree•nentSMA Enginowing\Oro-Medwte T0M5h1p\SewerMRA•Jan 17,03-FimlAx 910'd KNOGEW-080 d0 dTHSHM01 Z9:ZT LOOZ-OT-M SCHEDULE"A" LEGAL DESCRIPTION OF THE LANDS Part of Parcel 1-3, Section 51-MED-3, in the Township of Oro-Medonte (formerly in the Township of Oro), in the County of Simcoe, designated as Part 1 on Pian 51 R-30017, being Part of the East Half of Lot 2, Concession 3 Part of Parcel 1-3, Section Med-3, in the Township of Oro-Medonte (formerly in the Township of Oro), I the County of Simcoe, designated as Part 2 on Plan 51R-27515, being Part of the East Half of Lot 2, Concession 3 Parcel 1-4, Section 51-0ro3, being composed of Part of Lot 1, Concession 4, designated as Parts 1, 2, and 4 on Plan 51R-15088, Township of Oro-Medonte (formerly in the Township of Oro), County of Simcoe, and Parcel 1-22, Section 51-Oro-3, being part of Lots 1 and 2, Concession 4, Pan of Lots 1 and 2, Concession 3, Part of the Original Road Allowance between Concessions 3 and 4 (Closed by By -Law No. 814 registered as Instrument No. 164818, designated as Part 3 on Plan 51 R-15088 and Parts 1, 3, 5, 6, 7, 8, 9, 10, 11, 12, 15, 24, 25, 26, 27, 28, 29, 30, $1, 32, 33, 34. 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47 and 48, Plan 51 R-28722, Township of Oro-Medonte (formerly Township of Oro), County of Simcoe The Remainder of Parcel 1-3, Section 51-Oro-3, being composed of Part of Lot 1, Concession 4, in the Township of Oro-Medonte (formerly in the Township of Oro), in the County of Slmcoe 16 HACanstruct,on & Operating AgreumemsWNA Engln6er1nMOro-Med0Me TomshOSOWeriiii 17,03-final.doc LTO"I alf(OQBW-080 dO dIHSNM01 Z4:Z1 d009-OT-I,N14 SCHEDULE"B" DESCRIPTION OF THE SEWERS • Original trunk sewer • Trunk Sewer Extension to be constructed • Phased -in construction of collector sewers, forcemain and pumping station to be located within the Adult Community and connected to the Facility (the "Community Sewers") • Additional collector sewers, forcemains and pumping Station, which may be constructed on lands owned by the Township within dose proximity to the Adult Community and connected to the Facility (the `Town Sewers") 17 H:\CAmUuction & Operating Agroemen "NA Englneedng\oro-MedoMe Townahip`sewerfdR"an 17,0*+ina1.dM BTO'd 3J,H0a3W-OHO d0 dIHS9M0,L Z6:ZT LOOZ-Of-AVW SCHEDULE"C" CERTIFICATE OF APPROVAL FOR THE SEWERS [to be provided once issued by the Ministry] 18 H:10onstr=ion d Operating AgreementsANA Engineedng\Oro-Medonte Tovmship\SewerMRAJan 17,08-Finel.doe 610'd 31NOQ3W-080 d0 dIHSNMOs Z4:2t LOOZ-Oi-.SL+W ozo•a Zaiot SCHEDULE"D" REPLACEMENT AND RESERVE COSTS The current configuration of the sewer does not include pumps, other rotating equipment or pumping stations (that degrade over time). The Replacement Fund Allocation is structured to include routine inspection and maintenance of the sewers and manholes, as well as replacement. Routine sewer maintenance is generally comprised of: • Camera inspection every five (5) years or as required • Annual inspection of manhole and frame condition • Local sewer flushing on an as required basis A contribution will be made to the Replacement Fund Allocation on an annual basis, to cover costs associated with the above, as follows: YEAR CO TRIBUTION I YEAR 1s Goo I CON1R!f rtON J _ 11 2 b�150 $s7f9 J I 12 $6,921 J 3 $5,305 13 4 $7129 1 5 $5,628 I 15 $7 5B3 J 6 $5.796 1 1 16 $7�goJ 7 $5,970 i 17 — $8,023 I 8 $6,149 I 18 $8,264 9 $6.334 1 19 1 $8,512 I I 10 1 $6,524 I f 20 1 $8,767 I 19 HAConst dOnL Opwaling AgrecmenbWNA BpnaennoOro-Medonle Tom6hlp\SeW6eMRA-Jar. 17M. Final.dac oz0•a 3ZNOa314-OHO aO d18SNAO.1 z6:zT zooz-01-AW