3627 To authorize the Sale of certain lands on Cedar Street to Ricks Carpet LimitedTHE CORPORATION OF THE TOWN OF TILLSONBURG
BY-LAW NUMBER 3627
A BY-LAW to authorize the Sale of certain lands on Cedar Street to Rick's Carpet
Limited.
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 is desirous of selling
certain lands being 60 Cedar Street, Town of Tillsonburg, County of Oxford.
AND WHEREAS Rick's Carpet Ltd. have made a written offer to purchase these
lands at the Purchase Price of $600,000.00.
BE IT THEREFORE ENCACTED by the Council of The Corporation of the Town
of Tillsonburg as follows:
1. THAT the Council of the Town of Tillsonburg do authorize the conveyance of
lands described as 60 Cedar Street, in the Town of Tillsonburg, County of
Oxford, at the purchase price of $600,000.00;
2. THAT the Mayor and Clerk be hereby authorized to execute on behalf of The
Corporation of the Town of Tillsonburg such documents to give effect to this
conveyance.
3. That this by-Law shall come into full force and effect upon the date of
enactment.
READ A FIRST AND SECOND TIME THIS 25th DAY OF June, 2012.
READ A THIRD AND FINAL TIME AND PASSED THIS 9th DAY OF July, 2012.
Mayor -kjqhn Lessifr
Clerk - Donna Wilson