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3253 To authorize the sale of land to Future Transfer Co Inc.BY-LAW NUMBER 3253 OF THE CORPORAT/ON OF THE TOWN OF TILLSONBURG A BY-LAW to authorize the sale of land to Future Transfer Co Inc. 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,; AND WHEREAS The Corporation of the Town of Tillsonburg has agreed to sell certain lands of approximately 0.82 acres, being Part of Lots 1615 and 1616, Plan 500 more particularly described as Part L, 2 and 3 on reference plan 41 R-8031, as described in the Agreement of Purchase and Sale attached as Schedule "A" to this by-law; AND WHEREAS the Council of the Corporation of the Town of Tillsonburg has determined that the said lands are surplus to the needs of the Corporation and should be sold; NOW THEREFORE the Council of the Town of Tillsonburg enacts as follows: 1. THAT the Council of` the Town of Tillsonburg does hereby authorize the conveyance of lands of approximately 0.82 acres as described as being Part of Lots 1615 and 1616, Plan 500 more particularly described as Part 1, 2 and 3 on reference plan 41 R-8031, as described in the Agreement of Purchase and Sale dated March 27th, 2007 attached as Schedule "A" to this by-law; 2. THAT the Mayor and Clerk be hereby authorized to execute on behalf of the Corporation of the Town of Tillsonburg, all documents required to implement the conveyance of lands. READ A FIRST AND SECOND TIME THIS 25th DAY OF June, 2007. 10 1 ND FINAL TIME AND PASSED THIS 25"' DAY OF June, 2007. MAY0IZ-Stephen Molnar CLERK -Michael Gra\,cs