By-Law 2024-087 A By-Law to consent to sell Lot 1 in Van Norman Innovation Park from 2776807 Ontario Inc. to 2513484 Ontario Inc (2)THE CORPORATION OF THE TOWN OF TILLSONBURG
BY-LAW 2024-087
A BY-LAW to authorize the Town's consent to the sale of Lot 1 in the Van Norman
Innovation Park from 2776807 Ontario Inc. to 2513484 Ontario Inc.
WHEREAS the Town of Tillsonburg is desirous of waiving their rights to repurchase Lot
1 in the Van Norman Innovation Park as outlined in Schedule D to the Agreement of
Purchase and Sale between the Town and 2776807 Ontario Inc, thereby permitting the
assignment of the property to 2513484 Ontario Inc;
BE IT THEREFORE ENACTED by the Council of the Corporation of the Town of
Tillsonburg as follows:
1. That the authorization is hereby given for the resale of VIP Lot 1 from 2776807
Ontario Inc. to 2513484 Ontario Inc;
2. That the Mayor and Clerk be hereby authorized to execute any documents
required to effect this arrangement;
3. That this by-law shall come into force and take effect on the date it is passed.
READ A FIRST AND SECOND TIME THIS 12th day of AUGUST, 2024.
READ A THIRD AND FINAL TIME AND PASSED THIS 12th day of AUGUST, 2024.
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