16-2017 SWIFT Agreement - Laserfiche WebLink

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County of Essex The Corporation of the County of Essex By -Law Number 16-2017 A By-law to Authorize the Execution of an Agreement between the Corporation of the County of Essex and Southwestern Integrated Fibre Technology Inc. (SWIFT) Whereas Southwestern Integrated Fibre Technology Inc. (hereinafter referred to as "SWIFT"), a not-for-profit, non -share capital corporation incorporated under the laws of Canada, has been formed and mandated by the Western Ontario Wardens' Caucus ("WOWC") to facilitate the construction and interconnection of an ultra -high-speed, open access fibre optic network (the "SWIFT Network") throughout the regions of southwestern Ontario, Caledon and Niagara (the "Regions"); And Whereas the SWIFT Network is intended to enhance the prosperity and overall well-being of communities within the Regions by subsidizing private Telecom Service Providers' ("TSPs") network infrastructure costs so they may provide service to residents, businesses, public service organizations, First Nations and other user groups and ultimately provide equitable access to ubiquitous fibre optic infrastructure; And Whereas the SWIFT Network will be built and operated by the TSPs, owned by the TSPs (subject to any conditions of the federal and provincial funding described below), and overseen by SWIFT; And Whereas the estimated initial costs of the SWIFT Network are $269 million, which will be funded in accordance with the terms and conditions set out in the SWIFT Agreement, attached hereto: Now therefore the Council of the Corporation of the County of Essex hereby enacts as follows: 1) That the Warden and the Clerk of the Corporation be and they are hereby authorized to execute the Agreement between the Corporation of the County of Essex and SWIFT, a copy of which is attached hereto, and affix the Corporate Seal thereto.