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16-26C, aazyi , 1: 1 II 1:011 0 T1 re-T&ITERNIM614191 WHEREAS Section 5(3) of the Municipal Act, S.O. 2001, Chapter 25 as amended grants municipal power to exercise its capacity, rights, powers and privileges by by-law; and, WHEREAS Section 8(1) of said Act confers broad authority to municipalities to gover its affairs as it considers appropriate; and, I WHEREAS Section 9 of said Act confers upon a Municipality the rights, powers and privileges of a natural person for the purpose of exercising its authority under this or any other Act: and, WHEREAS the Corporation of the County of Elgin deems it expedient to enter into funding agreement with Her Majesty the Queen in Right of Ontario as represented by the Minister of Agriculture, Food and Rural Affairs, through its Ontario Community Infrastructur Fund — Formula -Based Component (OCIF-Formula). I NOW THEREFORE the Municipal Council of the Corporation of the County of Elgin enacts as follows: I . THAT the Warden and Chief Administrative Officer be authorized and directed to enter into a funding agreement with Her Majesty The Queen in Right of Ontario as represented by the Minister of Agriculture, Food and Rural Affairs to accept funding under the Ontario Community Infrastructure Fund — Formula -Based Component (OCIF- Formula) - 2. THAT this by-law shall become effective once executed by both parties. READ A FIRST, SECOND AND THIRD TIME AND FINALLY PASSED THIS 18 TH DAY OF *CTOBER 2016. Mark'G,,WRonal�� Chief Administrative Officer. Bernie Wiehle, Warden.