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BYLAW - Acquire Lands Lebovic and Revlis - 20120925 - 545812THE CORPORATION OF THE TOWN OF AURORA By-law Number 5458-12 BEING A BY-LAW to acquire lands for municipal purposes (Lebovic Enterprises Limited and Revlis Securities Limited). WHEREAS Section 5(3) of the Municipal Act, 2001, S.O. 2001, c.25, as amended (hereinafter the "Act') 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 Lebovic Enterprises Limited and Revlis Securities Limited entered into an Agreement of Purchase and Sale dated July 20, 2012, 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. CAOI2-013 as considered by General Committee on the 17th day of July, 2012, and subsequently adopted by Council on the 17th day of July, 2012. 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 25T" DAY OF SEPTEMBER, 2012. READ A THIRD TIME AND FINALLY PASSED THIS 25T" DAY OF SEPTEMBER, 2012. CINDY JANZEN, DEPUTY CLERK as to form byte alServkes stg„eure 271, D,ta By-law 5458-12 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 Parcel 7-1, Section 65M-2718; Block 7, Plan 65M-2718 (PIN 03641-0379 (LT)) Secondly Parcel 8-1, Section 65M-2718; Block 8, Plan 65M-2718 (PIN 03641-0380 (LT)) Thirdly Parcel 11-1, Section 65M-2718; Block 11, Plan 65M-2718, Parts 1 and 5, Plan 65R- 13467 (PIN 03641-0378 (LT)) Fourthly Part Lot 84, Concession 1, Whitchurch; Parts 2 and 6, Plan 65R-13467 (PIN 03641-1095 (LT)) Fifthly Parcel 84-5, Section W1; Part Lot 84, Concession 1; Part 6, Plan 65R-14776, (AW) (PIN 03641-1043 (LT))