13-18COUILT"T OF-EL-Mil
By-Law No. 13-18
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MUNICIPAL CAPITAL FACILITY PURSUANT TO SECTION 110 OF THE
WHEREAS the Corporation of the City of St. Thomas is designated as the
Consolidated Municipal Service Manager for the CMHC-Ontario New Affordable Housing
Program; and
WHEREAS the City of St. Thomas has enacted Municipal Housing Facilities By-law
No. 80-2005; and
WHEREAS the City of St. Thomas has entered into an agreement with Walter
Ostojic and Sons General Construction Ltd. for the provision of affordable housing; and
WHEREAS the Walter Ostojic and Sons General Construction Ltd. is the registered
owner of the property described in Schedule "A" attached hereto and forming part of this
by-law; and
WHEREAS Section 110(9) of the Municipal Act, 2001, S.O. 2001, c.25, as
amended, provides that if a municipality designated as service manager under the Social
Housing Reform Act, 2000, has entered into an agreement under Section 110 with respect
to housing capital facilities, any other municipality that has not entered into an agreement
under Section 110 with respect to capital facilities and contains all or part of the land on
which the capital facilities are or will be located may exercise the power under Section
110(6) with respect to the land and the capital facilities; and
WHEREAS Section 110(6) permits a municipality to exempt from taxation for
municipal and school purposes for capital facilities where an agreement to provide
municipal capital facilities has been entered into, subject to the notice provisions,
limitations and requirements set out in the Municipal Act; and
WHEREAS the Town of Aylmer has requested the County of Elgin to apply the tax
ratio of 1 to the Walter Ostojic and Sons General Construction Ltd. project.
NOW THEREFORE the Municipal Council of the Corporation of the County of Elgin
enacts as follows:
1. THAT the tax ratio of 1 shall apply to the Walter Ostojic project, as described in
Schedule "A" attached hereto and forming part of this by-law.
2. THAT this tax ratio shall apply to taxation raised for municipal purposes as of the
effective date of the first supplementary or omitted assessment notice on the property as
issued by the Municipal Property Assessment Corporation pursuant to the Assessment Act
and shall apply as long as the Facility Agreement is in good standing and not in default.
3. THAT the Warden and the Chief Administrative Officer, or alternate, are authorized
and directed to execute all documents necessary in that behalf and to affix thereto the sea[
of the Corporation of the County of Elgin.
READ A FIRST, SECOND AND THIRD TIME AND FINALLY PASSED THIS 24 T" DAY OF
M a-rk— &-Mc Cameron McWilliam,
Chief Administrative Officer. Warden.
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