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10/25/2016 (2) xA yy Litig CRY Dr. ►CANADA N�q FALLs The City of Niagara Falls, Ontario Resolution October 25, 2016 No. 30 Moved by Councillor Pietrangelo Seconded by Councillor Morocco WHEREAS The Bank of Nova Scotia requires The Corporation of the City of Niagara Falls to execute a Guarantee of the indebtedness and liability of Niagara Falls Hydro Holding Corporation, to the said bank; THEREFORE BE IT RESOLVED THAT The Corporation of the City of Niagara Falls execute, under its corporate seal, a Guarantee in favour of The Bank of Nova Scotia on the said Bank's regular form, whereby The Corporation of the City of Niagara Falls guarantees the indebtedness and liability of Niagara Falls Hydro Holding Corporation, to the said Bank. Carried Unanimously AND The Seal of the Corporation be hereto affixed. D AN IOR A JAMES M. DIODATI CITY CLE K MAYOR