Salt Spring Island Housing Agreement Bylaw No. 429 - (167 Rainbow Road - Murakami Gardens)

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SALT SPRING ISLAND LOCAL TRUST COMMITTEE

BYLAW NO. 429
BEARER EEREREREREENEE THREE ERRATA ERE EREER ERR EERE EREEREREREREREEREEREEREEEREEREEERE RR EEREREEREERREREERERREREREREEEEERERER

A BYLAW TO AUTHORIZE A HOUSING AGREEMENT

BREREERERE ERE REE ER EEE ERE TI EEDA TREE TERE EEE ERR EERE EERE ERE RTARTA ATR AREER IRIS ERRATA

1. WHEREAS the Salt Spring Island Local Trust Committee is the Local Trust Committee
having jurisdiction on and in respect of the Salt Spring Island Local Trust Area, pursuant to
the Islands Trust Act;

AND WHEREAS Section 905 of the Local Government Act and Section 29 of the Islands
Trust Act permit the Local Trust Committee to enter into a housing agreement;

AND WHEREAS the Salt Spring Island Local Trust Committee wishes to enter into a
Housing Agreement;

NOW THEREFORE the Salt Spring Island Local Trust Committee enacts in open meeting
assembled as follows:

1. This Bylaw may be cited for all purposes as “Salt Spring Island Housing Agreement
Bylaw No. 429, 2008”.

2. Any one of the Trustees of the Salt Spring Island Local Trust Committee is
authorized to execute an agreement in the form attached to this Bylaw with Salt
Spring and Southern Gulf Islands Community Services Society.

3. If any provision of this Bylaw is for any reason held to be invalid by a decision of any
Court of competent jurisdiction, the invalid provision must be severed from the Bylaw
and the decision that such provision is invalid must not affect the validity of the
remaining provisions of the Bylaw.

2. Salt Spring Island Housing Agreement Bylaw No. 424, 2006 is repealed by this bylaw.

READ A FIRST TIME this a day of June , 2008
READ ASECOND TIME this 5" day of June , 2008
READ A THIRD TIME this 5h day of June , 2008
APPROVED BY THE EXECUTIVE COMMITTEE OF THE ISLANDS TRUST this

24" day of June , 2008
ADOPTED this day of July , 2008

SECRETARY i) CHAIRPERSON —

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SALT SPRING ISLAND LOCAL TRUST COMMITTEE

Housing Agreement

. &
THIS AGREEMENT DATED FOR REFERENCE THE Y DAY OF Jol,2008 is BETWEEN:

SALT SPRING AND SOUTHERN GULF ISLANDS COMMUNITY SERVICES SOCIETY
(Incorporation #S-1 1466)

and having its office at [address] 26% FulFird Crowes nd. } Salt Spr Tel Fi &C

(the “Owner’)

AND

SALT SPRING ISLAND LOCAL TRUST COMMITTEE
2™ Floor, 1627 Fort Street

Victoria, B.C. V8R 1HB

(the “Trust Committee”)

WHEREAS:

A.

The Owner is the registered Owner of those Lands situated at 167 Rainbow Road on Salt Spring
Island and legally described as Lot A Section 1 Range 3 East North Salt Spring Island Cowichan
District Plan 30218, commonly known as Murakami Gardens (the “Lands”);

The Lands have been rezoned by the Sait Spring Island Local Trust Committee by means of Sait
Spring Island Land Use Bylaw, 1999 Amendment No. 5, 2005 (Bylaw No. 412) to permit the
development of a 27-unit Community housing project on the Lands;

The Owner has obtained funding from the B.C. Housing Management Commission (BCHMC"), .
Canada Mortgage and Housing Corpor

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