3868 To authorize the Sale of land (253 Broadway) to Rego Management and 228495 Ontario IncTHE CORPORATION OF THE TOWN OF TILLSONBURG
BY-LAW NUMBER 3868
A BY-LAW to authorize the sale of land (253 Broadway) to Rego Management and 228495 Ontario Inc.
WHEREAS pursuant to Section 8 and 9 of the Municipal Act, 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, known
municipally as 253 Broadway, Lot 944 and part Lot 945, Plan 500, and more particularly described as
Parts 4 and 5, Plan 41 R-6262, subject to a joint access easement on Part 4 to Rego Management and
228495 Ontario;
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;
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
known municipally as 253 Broadway, Lot 944 and part Lot 945, Plan 500, and more particularly
described as Parts 4 and 5, Plan 41 R-6262.
2. THAT Schedule "A" being the agreement of purchase and sale for the said lands dated January
14, 2015 form part of this by-law as if written and incorporated herein.
3. AND THAT the Mayor and Clerk be hereby authorized and instructed to perform all acts and
take such steps and execute such documents under the seal of the Corporation as may be
necessary to effect such a conveyance of said land.
READ A FIRST AND SECOND TIME THIS 12TH DAY OF JANUARY, 2015.
READ A THIR AND FINAL TIME AND PASSED THIS 12TH DAY OF JANUARY, 2015.
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Clerk-Donna Wilson