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BYLAW - Acquire Lands Minto Communities Inc - 20111122 - 538311THE CORPORATION OF THE TOWN OF AURORA By-law Number 5383-11 BEING A BY-LAW to acquire lands for municipal purposes (Minto Communities Inc.). WHEREAS Section 5(3) of the Municipal Act, 2001, S.O. 2001, c.25, as amended (hereinafter the "AcF) states that a municipal power, including a municipality's capacity, rights, powers and privileges under section 9 of the Act, shall be exercised by by-law unless the municipality is specifically authorized to do otherwise; AND WHEREAS The Corporation of the Town of Aurora deems it necessary and expedient to acquire for municipal purposes 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 and Minto Communities Inc. entered into an Offer to Sell Agreement dated November 9, 2011, respecting the Town's purchase of the Lands (hereinafter the "Offer"), which Offer is conditional on the enactment of the applicable by-law to acquire the Lands; NOW THEREFORE THE COUNCIL OF THE CORPORATION OF THE TOWN OF AURORA ENACTS AS FOLLOWS: THAT the purchase of the Lands for municipal purposes be approved in accordance with the recommendations set out in Closed Session Report No. CA011-019 as considered by General Committee on the 1st day of November, 2011, and adopted by Council on the 8th day of November, 2011. 2. THAT the Mayor and Clerk be authorized to execute all documents and ancillary agreements as may be required to give effect to the purchase of the Lands. 3. 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 22ND DAY OF NOVEMBER, 2011. READ A THIRD TIME AND FINALLY PASSED THIS 22ND DAY OF NOVEMBER, 2011. App vved,u togarn & caam BSernw S+Bnuewrc-116 ��t� 2ou ,_ ®off • i •. JOHN D.AXAyCH, TOWN CLERK. By-law 5383-11 SCHEDULE"A" Page 2 of 2 All and singular those certain parcels or tracts of land and premises situate, lying and being in the Town of Aurora, in the Regional Municipality of York and being composed of: Firstly, Block 150, Plan 65M-3678 PIN 03642-0945(LT) Secondly, Block 151, Plan 65M-3678 PIN 03642-0946 (LT)