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<br />THE CORPORATION OF THE COUNTY OF ESSEX <br /> <br />BY-LAW NUMBER 07 - 2009 <br /> <br />A BY-LAW AUTHOIUZING THE ALLOCATION OF <br />FUNDS TO THE CORPORATION OF THE TOWN <br />OF LAKESHORE IN ACCORDANCE WITH <br />SECTION 6 OF THE AGREEMENT WITH THE <br />ASSOCIATION OF MUNICIPALITIES OF <br />ONT AIUO FOR THE TRANSFER OF FEDERAL <br />GAS TAX REVENUES UNDER THE NEW DEAL <br />FOR CITIES AND COMMUNITIES MADE AS OF <br />DECEMBER 21, 2005 <br /> <br />Capitalized terms used in this By-Ialv and not defined belo\v shall have the <br />meanings ascribed to them in the Municipal Funding Agreement. <br /> <br />WHEREAS TIle Corporatiol1 of tIle County of Essex (tIle "Upper-tier <br />Municipality") llas elltered iIlto tIle agreell1el1t with TIle Association of Mllnicipalities of <br />01ltario ("AMO") for tIle tratlsfer of federal gas tax revellues ullder tIle l1ew deal for <br />ci~ies illld COll1111ll1lities made as of Decel11ber 21,2005 (tIle "Municipal Funding <br />Agreement"); <br /> <br />AND WHEREAS Seetioll 6.1 of tIle Municipal Fllllding Agreement provides that <br />AMO will allocate tIle Funds to Recipients on a per capita basis wit11 allocatiolls nlade on <br />a 50:50 basis to Upper Tier Mlmicipalities and Lower Tier Mlll1icipalities, wllere tIley <br />exist; <br /> <br />AND WHEREAS Section 6.2 oftlle Mllllicipal Fl1l1diIlg Agreell1ent fl1rtller <br />provides tllat wllere a Reeipiel1t decides to allocate FUllds to anotller Eligible Recipient it <br />mllst be dOlle by by-law. TIle by-law nlust be passed and Sllbmitted alIDllally to AMO on <br />or before MarcIl 31st. TIle by-law will identify tile Eligible Recipiellt atld the amount of <br />Flu1ds tIle Eligible Recipiellt is receiving for that Municipal Fiscal Year; <br /> <br />AND WHEREAS Subsection 6.2.a. of the Municipal FUlldillg Agreenlent fllrther <br />provides tllat ill tIle case of a Recipient trallsferring Funds tIle Recipient is still required to <br />submit all Arul11al Expelldinlre Report as per Subsections 7.1.a., c. and f. of the Municipal <br />FUllding Agreenlellt. The Eligible Recipiellt is responsible for all otller provisions of <br />Sections 7.1 alld 7.2 oftlle MUllicipal Fllnding Agreelnent; <br /> <br />AND WHEREAS tIle Upper-tier MWlicipality constitlltes a Recipient llnder tIle <br />MUllicipal Funding Agreelnent and tIle Upper-tier Mllllicipality Ilas il1dicated tllat it is <br />willing to allocate 10.37% of the Funds traJlsfelTed by AMO to tIle Upper-tier <br />Mtmicipality, to TIle Corporatioll of tIle Town of Lakesllore (tIle "Eligible Recipient") in <br />accord81lce witll Sectiol1 6.2 of tIle Mllllicipal Fllllding Agreenlent, 11lore specifically on <br />