March 28, 2008

The Corporation of The Town of Markham
101 Town Centre Boulevard,
Markham, ON L3R 9W3

RE: Municipal Infrastructure Investment Initiative (MIII)

Dear CAO/Treasurer:

As part of the government’s strategic commitment to supporting municipal infrastructure priorities announced in the 2007 Ontario Economic Outlook and Fiscal Review, I am pleased to advise you that The Corporation of The Town of Markham has been authorized to receive a one-time grant of $4500000 to be used for Markham Cycling and Pathway System - 2008. The approved funds will be transferred to your bank account by electronic funds transfer during the week of March 31, 2008.

There was a great deal of interest in the Municipal Infrastructure Investment Initiative (MIII). Your application was one of 462 that we received. The total project value of all the applications was more than $1 billion.

Please note the following reporting and accountability provisions that apply to this grant. These are the same provisions that were included in the terms and conditions that you accepted when you submitted your application for MIII funding.

• Funds may only be used for the purposes described in your MIII application.
• You must submit a report to the Ontario Infrastructure Projects Corporation (“Infrastructure Ontario”) describing how the funds were used and how the benefits of the project described in the MIII application have been achieved.
• The report must be submitted no later than March 31st of each year, commencing on March 31, 2009, and terminating March 31st of the year following the completion of the project.
• The report must be signed and certified by, in the case of municipalities, the Treasurer and Mayor, and in the case of Local Services Boards (LSBs), the LSB’s Chair and Secretary.
• The Province reserves the right to verify or audit, at the expense of the grant recipient, any information submitted for completeness and accuracy, and to ensure that the funds were used for the purposes intended.
• The Province reserves the right to recover up to the amount of funds provided, if it is determined that the funds provided were not used, or will not be used, for the intended purposes.

To assist you with the reporting back requirement described above, we have prepared a template. The template, along with more detailed instructions on how to complete it, will be posted on Infrastructure Ontario’s MIII web site during the month of April 2008.

If you wish, my colleagues or I would be pleased to consider participating in any public events that you may be planning with respect to this project, as a demonstration of our support for the Municipal Infrastructure Investment Initiative. Please do not hesitate to contact my office to discuss your request.

I wish The Corporation of The Town of Markham success with your project. I look forward to receiving additional information on how the above grant was used. If you have any questions regarding this matter, please contact the MIII help desk at 1-800-230-0937.

Yours sincerely,

David Caplan
Minister

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