BYLAW - Declare Surplus Sell Portion 95 Allaura Blvd - 20110329 - 531711THE CORPORA T/ON OF THE TOWN OF AURORA
By-law Number 5317-11
BEING A BY-LAW to declare as
surplus and sell municipal lands
(southern portion of 95 Allaura
Boulevard).
WHEREAS The Corporation of the Town of Aurora is the -owner of the lands described
on Schedule "A" attached hereto and forming part of this By-law (hereinafter the
"Lands");
AND WHEREAS The Corporation of the Town of Aurora does not require the Lands for
municipal purposes and deems it necessary to declare as surplus and sell the Lands;
AND WHEREAS The Corporation of the Town of Aurora and ASL Properties Ltd.
entered into an Offer to Purchase Agreement dated February 15, 2011, respecting the
sale of the Lands (hereinafter the "Offer'), which Offer is conditional on the enactment
of the applicable by-law to convey the Lands;
AND WHEREAS the Council of The Corporation of the Town of Aurora enacted By-law
Number 4225-01.A on May 8, 2001, being a By-law to provide procedures with respect
to the sale of municipal land, which provisions with respect to the sale of the Lands has
been adhered to;
NOW THEREFORE THE COUNCIL OF THE CORPORATION OF THE TOWN OF
AURORA ENACTS AS FOLLOWS:
THAT the Lands be declared surplus.
2. THAT the sale of the Lands be approved in accordance with the
recommendations set out in Closed Session Report No. ADM11-004 as
considered by General Committee on the 22"d day of March, 2011, and adopted
by Council on the 29th day of March, 2011.
3. THAT the Mayor and Clerk be authorized to execute all documents and ancillary
agreements as may be required to give effect to the sale of the Lands.
4. THAT a copy of this By-law be registered on title to the Lands in the appropriate
Land Registry Office.
5. THAT the provisions of this By-law shall come into full force and effect upon final
passage hereof.
READ A FIRST AND SECOND TIME THIS 29TH DAY OF MARCH, 2011.
READ A THIRD TIME AND FINALLY PASSED THIS 29T" DAY OF MARCH, 2011.
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