3699 To authorize the Sale of certain lands to 1767006 Ontario Inc.THE CORPORATION OF THE TOWN OF TILLSON BURG
BY-LAW NUMBER 3699
A BY-LAW to authorize the Sale of certain lands to 1767006 Ontario 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 Tillson burg is desirous of selling
certain lands described as Taylor Lane on Registered Plan 578, in the Town of
Tillson burg, County of Oxford.
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;
AND WHEREAS 1767006 Ontario Inc. has made a written offer to purchase
these lands at the Purchase Price of $12,512.00 plus HST.
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 Tillson burg do authorize the conveyance of
lands shown on schedule A attached hereto and described as Taylor Lane on
Registered Plan 578, in the Town of Tillson burg, County of Oxford, at the
purchase price of $12,512.00, plus HST and all applicable disbursements and
legal costs;
2. THAT the Mayor and Clerk be hereby authorized to execute on behalf of The
Corporation of the Town of Tillson burg the Agreement of Purchase and Sale
and to take such steps and execute such documents under the seal of the
Corporation as may be necessary to affect such a 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 28th DAY OF January, 2013.
READ A THIRD AND FINAL TIME AND PASSED THIS 11th DAY OF February 2013.
Ma/}:!jd
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Clerk -Donna Wilson
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THE BEARINGS ARE ASTRONOMIC AND ARE REFERRED TO
CO-ORDINATE SYSTEM FOR REGISTERED PLAN No. 500 FOR
THE TOWN OF TILLSONBURG.
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