The Township of Hornepayne has formed a Municipal Services Corporation (MSC) - Hornepayne Housing Corporation (HHC) - with the intent to improve housing within the community and to ensure sufficient housing is available to support community needs and demand for accommodations. The initial project for the newly developed MSC will be the acquisition of the Parkview Apartment Complex from the Hornepayne Economic Development Corporation (HEDC). This process will include transferring ownership of the units into a newly created MSC, which will be the basis for future development of residential housing in the community.

What is a Municipal Services Corporation (MSC)?
A MSC is a corporation whose shares are owned by a municipality, or a municipality and one or more other public-sector entities. A MSC can only provide a system, service or thing that the municipality could provide. MSCs are required to receive permission from a municipality to operate in its geographic boundaries.

What gives the Township the authority to create a MSC?
The Township can create a MSC under the provisions of the Municipal Act, section 203 and Ontario Regulation 599/06 Municipal Services Corporations.

What Control will Council have over the MSC?
The Township would retain complete and full ownership of the corporation.
In addition to being the sole shareholder of the MSC, 2 members of Council will be voting members of the MSC's Board and as such will be active participants in the decision-making process.

What is the required process for creating a MSC?
Ontario Regulation 599/06 requires municipalities to complete the following steps before creating an MSC:
• Develop a business case study for the proposed MSC
• Consult with the community about the plan to create the proposed MSC
• Adopt and maintain policies with respect to the transfer of assets

Hornepayne Housing Corporation (HHC):

logoREPOST: An Opportunity to Make a Huge Impact!

Seeking Application for Board of Directors For the newly established

Hornepayne Housing Corporation (HHC)

The Township of Hornepayne is seeking (3) Board Directors for our newly formed Municipal Services Corporation, the Hornepayne Housing Corporation (HHC).

The Board will play a key role in articulating the strategic direction of HHC and ensure the Hornepayne Housing Corporation is governed with excellence and vision.

The deadline for Expressions of Interest is March 26th, 2021 at 12 Noon.

We request that applicants provide the following:

• Letter/Email providing an overview of experience and qualifications relating to the Board of Directors Criteria and Core Competencies (maximum of two pages PDF);
• Why you feel that you would be a good Director for the newly formed HHC and what you can bring to the table.

Submissions will be reviewed to ensure eligibility as outlined in the HHC By-Laws and recommendations will then be presented to Municipal Council for appointment to the Board.

The new Board will be announced at the Regular Council Meeting on March 31st,
2021. That is the official commencement of the term for the appointed Board members.

HHC Board of Directors Position Description
HHC Vision & Mission
HHC Objectives
HHC By-Laws
MSC Business Case

Please submit Expressions of Interest to:
Stacey Rendell, Economic Development Officer
Township of Hornepayne
A205 - 220 Front St., P.O. Box 370
Hornepayne, ON P0M 1Z0 Tel: (807) 632-1978
Email: edo.hpayne@bellnet.ca

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