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2004/01/19 The City of Niagara Falls, Ontario Council Chambers No. O1 January 19, 2004 Moved by Alderman WING Seconded by Alderman DIODATI WHEREAS, the Province of Ontario is providing the municipality of Niagara Falls a Community Reinvestment Fund (CRF) allocation; and, WHEREAS the intended use of the CRF allocation is for the benefit of property taxpayers; and, WHEREAS the Council of the municipality of Niagara Falls does recognize that they are directly accountable to property taxpayers for their use of the CRF allocation; and, NOW, THEREFORE, let it be resolved that the municipality of Niagara Falls intends to use the 2004 CRF allocation for the benefit of property taxpayers; and, FURTHERMORE, THAT the municipality of Niagara Falls does accept the 2004 CRF allocation in accordance with the statements, terms and conditions required by the Ministry of Municipal Affairs and Housing. AND the Seal of the Corporation be hereto affixed. Carried Unanimously R. T. (TED) SALCI MAYOR