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07-17 READ a READ a third first and second time and finally passed time this 1 ih this 1ih day of June 2007 day of June 2007 2 1. That the Warden and the Chief Administrative Officer are hereby authorized to sign a funding agreement and documentation, under certain terms and conditions, between the Corporation of the County of Elgin and Her Majesty the Queen in Right of Ontario, as represented by the Minister of Agriculture, Food and Rural Affairs, respecting the Asset Management Program Project of the Canada-Ontario Municipal Rural Infrastructure Fund Initiative. That this By-law shall come Into force and take effect upon its passing NOW THEREFORE hereby enacts as follows: the Municipa Council of the Corporation of the County of Elgin WHEREAS it is deemed necessary that the Corporation of the County of Elgin enact a by-law authorizing the Corporation to enter into an agreement with Her Majesty the Queen in Right of Ontario as represented by the Minister of Agriculture, Food and Rura Affairs, in order to participate in the COMRIF program WHEREAS funds have been allocated in the COMRIF portion; and the amount of $21 WHEREAS the Corporation of the County of Elgin has applied for funding under the Asset Management Program (AMP) Project of the Canada-Ontario Municipal Rural Infrastructure Fund (COMRIF) Initiative to assist with the new Public Sector Accounting Board standards and to undertake works related to addressing one or more of the following five stages of asset management: diagnostic, inspection, valuation, sustainability/ planning and financial model; and 006.00 representing NITIA TIVE" PROGRAM lAMP) PROJECT OF THE CANADA-ONTARIO MUNICIPAL RURAL A BY-LAW TO EXECUTE AN AGREEMENT UNDER THE ASSET MANAGEMENT BY-LAW No. 07-17 COUNTY OF ELGIN