Council Special

That Council Agenda CL 7-2025, BE ADOPTED.

That Report PW 22-2025, dated May 1, 2025, respecting Update to Report PDS 24-2022 – Development Agreement for Regional Trunk Watermain Phase 1 and Streamside Sewer Pumping Station Upgrade in Smithville, Township of West Lincoln, BE RECEIVED and the following recommendations BE APPROVED: 1. That Council APPROVE an updated financial strategy for an Agreement with Marz Homes (Smithville West) Inc. for the installation of a Phase 1 Trunk Watermain and Streamside Sewage Pumping Station Upgrades to service the Northwest Quadrant Secondary Plan in Smithville whereby 3% interest will be paid annually on agreed upon costs to the Developer with reimbursement of costs to be fully satisfied in 2028, in alignment with when the Region had planned for these capital works; Special Regional Council Open Session Minutes CL 7-2025 May 1, 2025 Page 3 2. That the Regional Chair and Regional Clerk BE AUTHORIZED to execute this agreement in a form satisfactory to the Director, Legal and Court Services; and 3. That Report PW 22-2025 BE CIRCULATED to the Township of West Lincoln.

That Bill 2025-20, being a by-law to adopt, ratify and confirm the actions of Regional Council at its special meeting held May 1, 2025, BE NOW READ and DO PASS.