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HomeMy WebLinkAbout2002-198 THE CORPORATION OF THE MUNICIPALITY OF CLARINGTON BY-LAW 2002-198 being a by-law to authorize the execution of a Memorandum of Agreement and a Minute of Settlement with Ontario Power Generation Inc. WHEREAS negotiations to settle assessment appeals by Ontario Power Generation Inc. and the Municipality of Clarington respecting Darlington Nuclear Generation Station for the years 1999, 2000 and 2001 as well as the taxation implications for 2002 have been successfully concluded, 1. THAT the Mayor and the Municipal Clerk are authorized to execute as Memorandum of Agreement on behalf of the Municipality with Ontario Power Generation Inc. to settle assessment appeals and taxation implications for the years 1999, 2000, 2001 and 2002 respecting Darlington Nuclear Generation Station. 2. THAT the Mayor and Municipal Clerk and authorized on behalf of the Municipality of Clarington to execute a Minute of Settlement with Ontario Power Generation Inc. to be filed with the Assessment Review Board to implement the aforesaid settlement. By-law read a first and second time this 2nd day of December, 2002 By-law read a third time and finally passed this 2nd day of December, 2002 John Mutton, Mayor a i a_r , unicipal Clerk