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BYLAW - Sale of Land - 19680108 - 177468·' BY-LAW NUMBER 1774-68 OF TilE MUNICIPAL CORPORATION OF THE TOWN OF AURORA A BY -LAW TO AUTHORIZE THE SALE OF THE PROPERTY, PART OF LOT 105 AND . LOT 104 REGISTERED PLAN 246 :CONTAINING 14 ACRES MORE OR LESS. WHEREAS THE MUNICIPAL ACT, R.S.O. 1960, CHAPTER 249, SECTION 335, PROVIDES IN PART THAT A MUNICIPAL COUNCIL MAY SELL LAND. AND I{HEREAS IT IS DEEMED EXPEDIENT TO NOW SELL THAT PART OF LOT 105 AND LOT 104 PLAN 246 , AURORA. NO\? THEREFORE THE COUNCIL OF THE CORPORATION OF THE TOWN OF AURORA ENACTS AS FOLLOWS: 1. THAT PART OF LOT 105 AND LOT 104, PLAN 246, TOWN OF AURORA BE AND THE SAME IS HEREBY SOLD TO MRS. BELA HERSKOVITS AT A PRICE OF THIRTY-FIVE THOUSAND DOLLJ\RS ($35,000.00). 2. THAT THE TOWN OF AURORA SHALL RECEIVE ON CLOSING NOT LATER THEN THE FIRST DAY OF MARCH, 1968, A SUM OF THIRTY-FIVE HUNDRED DOLLARS ($3,500.00) IN ADDITION TO THE FIVE HUNDRED ($500.00) DEPOSITED WITH THE OFFER TO PURCHASE AND THIRTY-FIVE HUNDRED DOLLARS ($3,500.00) PAYABLE ON MAY 1ST. 1968 AND THE BALANCE TO BE PAYABLE ON OR BEFORE DECEMBER 31ST. 1968 TO-GETHER vliTH EIGHT PER CENT (8%) INTEREST THEREON. ir' 3. THAT THE MAYOR AND CLERK BE AUTHORIZED TO SIGN ANY AGREEMENT FOR SALE, DEED, CONVEYANCES, MORTGAGE, DECLARATIONS OR ANY OTHER MATERIALS NECESSARY TO EFFECT THE SALE OF THE SAID PROPERTY. READ A FIRST AND SECOND TIME THIS y ~DAY OF~ ,1968. Y'f_ --~~~-------------CLERK READ A THIRD TIME AND FINALLY PASSED THIS yl!nAY OF rr , 1988. ~:~--~' MAYOR ----~L--CLERK