WHEREAS pursuant to section 46 of the Regional Municipalities Act, R.S.O. 1990, Chapter R.8, as amended, the Regional Corporation has the sole responsibility of the supply and distribution of water in the regional area;

AND WHEREAS, under the provisions of section 11 (2) of the Municipal Act, S.O. 2001, c.25, as amended, the Council may pass by-laws respecting public utilities, under the jurisdiction of the Region;

AND WHEREAS, the Council of the Regional Corporation has, by Resolution 2004-257 on March 4, 2004, authorized the construction of a sanitary sewer in City of Mississauga, pursuant to section 1 of Ontario Regulation 119/03 – Local Improvement Charges – Priority Lien Status of the Municipal Act, S.O. 2001, as amended, under Project 04-2710, at a total cost of $368,202.14, hereinafter referred to as “the Works;”

AND WHEREAS, the Council of the Regional Corporation deems it desirable to impose a sanitary sewer frontage rate and connection charge on the owners of certain lands in the City of Mississauga, pursuant to section 2 of Ontario Regulation 119/03 – Local Improvement Charges – Priority Lien Status of the Municipal Act, S.O. 2001, c. 25, as amended;

NOW THEREFORE the Council of the Regional Corporation enacts as follows:

1. That the Regional Corporation shall construct the Works at a total cost of $368,202.14.
   
   
2. That the capital cost attributable to the abutting property owners, as outlined in Schedule “A” and attached hereto, is $235,446.40, which includes an imputed interest cost as certified by the Treasurer.
   
   
3. That the abutting owners’ share of the capital costs be recovered by the imposition of a sanitary sewer frontage rate and connection charge.
   
   
4. That the total cost of the works, being $368,202.14 shall be financed as follows:
   
   

   a) The amount of $132,755.74, being the Regional Corporation’s share of the total cost of the Works, shall be financed entirely by the Regional Corporation.

   b) The amount of $235,446.40, being the property owners’ share of the total cost of the Works shall be recovered by means of a special rate assessed against the owners of lands abutting the Works, as set out in Schedule “A” attached hereto, at a rate of $285 per metre of assessable frontage up to a maximum of 61 metres of assessable frontage per property, plus a mandatory connection fee of $1,550 per lot payable over fifteen (15) years, plus imputed interest, as certified by the Treasurer.
   

5. That an annual sanitary sewer frontage rate of $285 per metre to a maximum of 61 metres per lot, plus a mandatory connection fee of $1,550 per lot, payable over fifteen (15) years, plus imputed interest, as certified by the Treasurer, shall be imposed as due and payable on lots for which a deferred benefit accrues as soon as an immediate benefit is delivered.
   
   
6. That the property owners shall be given an opportunity to commute the sanitary sewer frontage rate and connection charge by advance payment at any time during the fifteen (15) year period.
   

READ THREE TIMES AND PASSED IN OPEN COUNCIL this 24th day of January, 2008.

Schedule “A” to By-law Number 8-2008