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3255 To authorize the sale of land to Future Transfer Co Inc.BY-LAW NUMBER 3255 OF THE CORPORAT/ON OF THE TOWN OF T/LLSONBURG 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 oftlie Town of Tillsonburg has agreed to sell certain lands of approximately 6.5 acres, being Part I and Part Lot 1613, Plan 500 more particularly described as Part I on referenceplan 41 R-8019, as described in the Agreement of Purchase and Sale dated 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. THA'r the Council of the Town of Tillsonburg does hereby authorize the conveyance of lands of approximately 6.5 acres, being Part I and Part Lot 1613, Plan 500 more particularly described as Part I on reference plan 41 R-8019, as described in the A" Agreement of Purchase and Sale dated March 27, 2007 attached as Schedule' " to this by-law; 2. THAT the Mayor and Clerk be hereby authorized and instructed to perforin 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 25th DAY OF June, 2007. READ A THIRD AND FINALI"IME AND PASSED THIS 25"' DAY OF June, 2007. MAYOR -Stephen Molnar CLERK -Michael Graves