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13-23.; 63911 �,. • •, , WHEREAS Section 110(6) of the Municipal Act, 2001, as amended, 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 Corporation of the Municipal of West Elgin has entered into an agreement with the West Lorne Heritage Homes Not for Profit Corporation for the provision of a municipal capital facility, being a community centre, known as "the Hub" for the provision of health services, and WHEREAS the Municipal of West Elgin has requested the County of Elgin to apply the tax ratio of 1 to the West Lorne Heritage Homes Not for Profit Corporation project. NOW • COUNCIL OF • •'A • OF • OF ELGIN HEREBY ENACTS AS FOLLOWS: 1. That the tax ratio of 1 shall apply to the West Lorne Heritage Homes Community Centre, known as "the Hub" located at 146 Munro Street in the former `pillage of West Lorne, now in the Municipality of West Elgin. 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 seal of the Corporation of the County of Elgin. 4. That this by -law shall be effective as of January 1, 2011. READ A FIRST, SECOND AND THIRD TIME AND FINALLY PASSED THIS 22 ND DAY OF OCTOBER 2013. _Mark onaId, Chief Administrative Officer. Cameron McWilliam, Warden.