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3116 To authorize the sale of lands to Bill and Eleanor Furlong and to authorize the acquisition of certain lands.BY-LAW NO. 3116 A BY-LAW TO authorize the sale of lands to Bill and Eleanor Furlong and to authorize the acquisition of certain lands. WHEREAS pursuant to Section 8 of the Municipal Act,2001, S.O. 2001, C.25, a municipality has the capacity, rights, powers and privileges of a natural person for the purpose of exercising its authority under this or any other Act, WHEREAS the Corporation of the Town of Tillsonburg did close that part of Venison Street beginning at the east edge of Lot 1013, Plan 500, to the intersection and edge of Frank Street and Venison Street, being Part 1, on reference plan 41R-5513. WHEREAS the Corporation of the Town of Tillsonburg has agreed to sell certain lands, being Part of the closed portion of Venison Street described as Parts 1 and 3 on reference plan 41R-5647 to Bill and Eleanor Furlong in exchange for Part of Lot 1026, Plan 500 being Part 3 on Reference Plan 41R-7347. BE It THEREFORE ENACTED by the Council of the Corporation of Tillsonburg as follows: 1. THAT the Council of the Town of Tillsonburg does hereby authorize the conveyance of lands known as part of closed Venison Street being Parts 1 and 3 on reference plan 41R-5647, in the Town of Tillsonburg, in the County of Oxford, to Bill and Eleanor Furlong. 2. THAT Council of the Town of Tillsonburg does hereby authorize the acquisition of Part of Lot 1026, Plan 500 being Part 3 on reference plan 41R-7347 as consideration for the conveyance in Clause 1. 3. THAT the Mayor and Clerk are hereby authorized to execute, on behalf of the Corporation of the Town of Tillsonburg, all documents required to implement the conveyance of lands described in Clause 1 hereof. 4. THAT the Mayor and Clerk are hereby authorized to execute, on behalf of the Corporation of the Town of Tillsonburg, all documents required to implement the acquisition of lands described in Clause 2 hereof. Read a first and second time this 12th day of July, 2004. Read Zrat d finally passed this 12th day of July, 2004. ma - tephen Molnar jr j Clerk - M' a 1 Graves