Regular Council Meeting

the Village of Point Edward Council approves the recommendation of the Lambton Area Water Supply System(LAWSS) to request Municipal support, as a guarantor, in order for LAWSS to secure the debt financing needed in 2024 to undertake a rehabilitation of LAWSS' 90ML resevoir located at the West Lambton Pumping Station; and THAT the Village of Point Edward provide LAWSS with a letter of support upon receipt of a draft debt agreement up to the amounts being indicated and for execution in the fourth quarter of 2024; and THAT the Village of Point Edward's debt allocation amount of approximately $86,000 to be funded by Village reserves.

the water consumption rates and service charges be increased by 5%, and THAT the sewage rate fee for residential and commercial be increased by 10%, and THAT the reserve fee be increased from $0.75 to $1.13 per cubic meter, and THAT $150,000 come from Village Capital and THAT $63,536.00 come from the water reserve, and THAT $63,536.00 come from emergency reserves in order to balance the 2024 budget and THAT the Environmental Services Budget for 2024 be approved subject to these changes.

Council adjourn to regular Council meeting.

the request for exemption to the fence by-law be approved.

By-Law 01 of 2024, Being a By-Law to Confirm the Resolutions of Point Edward Council which were adopted up to and including January 9, 2024, be READ a FIRST, SECOND and THIRD TIME and FINALLY PASSED on this day, January 9, 2024.

the Council Meeting be adjourned until the next regularly scheduled meeting or at the call of the Chair at such time as a Special Council Meeting is held.

THAT the Village of Point Edward Council approves the recommendation of the Lambton Area Water Supply System(LAWSS) to request Municipal support, as a guarantor, in order for LAWSS to secure the debt financing needed in 2024 to undertake a rehabilitation of LAWSS' 90ML reservoir located at the West Lambton Pumping Station; and THAT the Village of Point Edward provide LAWSS with a letter of support upon receipt of a draft debt agreement up to the amounts being indicated and for execution in the fourth quarter of 2024; and THAT the Village of Point Edward's debt allocation amount of approximately $86,000 to be funded by Village reserves.

THAT the water consumption rates and service charges be increased by 5%, and THAT the sewage rate fee for residential and commercial be increased by 10%, and THAT the reserve fee be increased from $0.75 to $1.13 per cubic meter, and THAT $150,000 come from Village Capital and THAT $63,536.00 come from the water reserve, and THAT $63,536.00 come from emergency reserves in order to balance the 2024 budget and THAT the Environmental Services Budget for 2024 be approved subject to these changes. Regular Council Meeting Minutes: January 09, 2024 3

THAT Council adjourn to regular Council meeting.

THAT the request for exemption to the fence by-law be approved.

THAT By-Law 01 of 2024, Being a By-Law to Confirm the Resolutions of Point Edward Council which were adopted up to and including January 9, 2024, be READ a FIRST, SECOND and THIRD TIME and FINALLY PASSED on this day, January 9, 2024.

THAT the Council Meeting be adjourned until the next regularly scheduled meeting or at the call of the Chair at such time as a Special Council Meeting is held.