01-2000MasterSuretyAgreement - Laserfiche WebLink

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THE CORPORATION OF THE COUNTY OF ESSEX BY-LAW g01-2000 A BY-LAW TO AUTHORIZE THE EXECUTION OF A MASTER SURETY AGREEMENT BETWEEN CGU INSURANCE COMPANY OF CANADA, THE ESSEX-WINDSOR SOLID WASTE AUTHORITY, THE CORPORATION OF THE CITY OF WINDSOR AND THE CORPORATION OF THE COUNTY OF ESSEX WHEREAS the Corporation of the County of Essex, the Corporation of the City of Windsor and the Essex-Windsor Solid Waste Authority are required to enter into a Master Surety Agreement, a copy of which is attached hereto, made in favour of CGU Insurance Company Canada (hereinafter referred to as "the Surety"), protecting the said Surety in connection with their assuming suretyship as more fully described therein; AND WHEREAS the said Master Surety Agreement has been or will be accepted by the said Surety upon the warranty of the Council of the Corporation of the County of Essex that the Corporation has such an interest in said suretyship as to empower it to make said Master Surety Agreement; NOW THERFORE the Council of the Corporation of the County of Essex enacts as follows: THAT the Warden and the Clerk be and they are hereby authorized to execute and deliver on behalf of the Corporation of the County of Essex the said Master Surety Agreement, and that the acts of said officers of this Corporation who may have already executed and delivered said Master Surety Agreement are hereby ratified and confirmed as the acts of this Corporation. THAT the aforesaid warranty that the Corporation of the County of Essex has such an interest in said suretyship as to empower it to make said Master Surety Agreement be, and it is hereby ratified and confirmed as the warranty of this Corporation. 3. This by-law shall come into force and take effect on the 19th day of January, 2000. 1~t Reading - January 19th, 2000 2nd Reading - January 19th, 2000 3rd Reading - January 19th, 2000