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THE CORPORATION OF THE COUNTY OF ESSEX <br /> BY-LAW NUMBER 57-2012 <br /> BEING A BY-LAW TO AUTHORIZE A SINGLE <br /> RESIDENTIAL TAX RATE FOR MUNICIPAL <br /> PURPOSES FOR THE MUNICIPAL CAPITAL <br /> FACILITY FOR AFFORDABLE HOUSING <br /> LOCATED ON LANDS KNOWN <br /> MUNICIPALLY AS 448 SIMCOE STREET, <br /> AMHERSTBURG <br /> WHEREAS Section 110(l) of the Municipal Act, 2001 provides <br /> that the council of a municipality may enter into agreements for the <br /> provision of municipal capital facilities by any person; <br /> AND WHEREAS Section 110(6) of the Municipal Act 2001, <br /> provides that the council of a municipality may pass by-laws <br /> exempting property, or a portion of it, from taxation for municipal and <br /> school purposes on which municipal capital facilities are located; and <br /> AND WHEREAS paragraph 18 of section 2 of Ontario Regulation <br /> 603/06, as amended, prescribes municipal facilities for municipal <br /> housing project facilities as eligible municipal capital facilities; <br /> AND WHEREAS at its meeting of September 11, 2006, Council <br /> authorized the execution of an agreement with the City of Windsor <br /> pursuant to the Canada-Ontario Affordable Housing Program to <br /> support the application by Great Lakes Properties (aka 1741059 <br /> Ontario Ltd.) (herein, the "Housing Provider") to develop 16 residential <br /> units for property located at 448 Simcoe Street, and more particularly <br /> described in Schedule "A"(herein, the"' Subject Premises"); <br /> AND WHEREAS the Council of the Town of Amherstburg, through <br /> the passing of By-law 2010-15, A by--law to authorize the signing of a <br /> development agreement, has approved the exemption of property <br /> taxes for a period of 5 years; <br /> AND WHEREAS at its meeting of September 10th, 2012, the <br /> Council of the Town of Amherstburg enacted their By-law 2012-87, <br /> authorizing a single residential tax rate for lower tier municipal <br /> purposes for the municipal capital facility for the Subject Premises. <br /> NOW THEREFORE the Council of the County of Essex hereby <br /> enacts as follows: <br /> 1. Sixteen residential units on the Subject Premises shall be <br /> assessed at a single residential tax rate for County purposes <br />