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HomeMy WebLinkAboutBy-law 7628/18The Corporation of the City of Pickering By-law No. 7628/18 Being a By-law to Authorize the Execution of an Agreement with the Association of Municipalities of Ontario (Main Street Revitalization Initiative) Whereas the City of. Pickering wishes to enter into an Agreement with the Association of Municipalities of Ontario in order to participate in Ontario's Main Street Revitalization Initiative; Whereas the City of Pickering acknowledges that the funds received through the Agreement must be invested in an interest bearing reserve account until earliest of expenditure or March 31, 2020; Now therefore the Council of The Corporation of the City of Pickering hereby enacts as follows: 1. That the Mayor and City Clerk are hereby authorized to execute on behalf of The Corporation of the City of Pickering a Municipal Funding Agreement with the Association of Municipalities of Ontario for the transfer of Main Street Revitalization Initiatives funds, in the form attached as Schedule "A" to this By-law. 2. This By-law is to come into effect on the date of its passing. By-law passed this 25th day of June, 2018. Debbie Shields, City Clerk