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BYLAW - Purchace of Land (235 Edward) - 19880120 - 296888BY-LAW NUMBER 2968-88 OF THE CORPORATION OF THE TOWN OF AURORA BEING A BY-LAW to approve the purchase of certain lands from William Walter Wood for the establishment and carrying on of an industrial operation. WHEREAS, this William Walter Wood is now seized and possessed of the lands known municipally as 235 Edward Street, Aurora, Ontario, which are more particularly described as Lot 26, Registrar's Compiled Plan No. 10328 being Part Lot 77, Concession 1, Town of Aurora, The Regional Municipality of York (hereinafter called the "Lands"); AND WHEREAS, William Walter Wood has agreed to sell the Lands to this Corporation; AND WHEREAS, by virtue of Paragraph 210(50) of the Municipal Act, R.S.O. 1980, Chapter 302, this Corporation is empowered to acquire lands for municipal purposes and specifically to acquire 1 ands for the purposes of sites for the establishment and carrying on of industries and of or industrial operations and uses incidental thereto; AND WHEREAS, the Lands are to be acquired by this Corporation for the development of an industrial site; AND WHEREAS, this Corporation entered into an Agreement of Purchase and Sale made the 13th day of April, 1987 between The Corporation of the Town of Aurora, as purchaser, and William Walter Wood and Margaret Wood, as vendors, respecting the acquisition of the Lands; NOW, THEREFORE, the Municipal Corporation of the Town of Aurora hereby enacts as By-1 aw No. 2968-88 of The Corporation of the Town of Aurora the following: 1. That the Lands be acquired by this Corporation for the purpose of sites for the establishment and carrying on of industries and of industrial operations and uses incidental thereto; 2. That the Mayor and Clerk be authorized to sign and execute under the seal of The Corporation of the Town of Aurora the Agreement of Purchase and Sa 1 e made the 13th day of Apri 1, 1987 between this Corporation and William Walter Wood and Margaret Wood respecting the Lands; 3. That the Mayor and Clerk be authorized to sign and execute under the seal of The Corporation of the Town of Aurora all documents necessary to effect the acquisition of the Lands by this Corporation from William Walter Wood and Margaret Wood; and 4. That the provisions of this By-1 aw shall come into force and be effective upon final passage thereof. READ A FIRST AND SECOND TIME TH~L}~ ' 1988. 1£1;;d READ A THIRD TIME AND FINALLY PASSED THIS~', DAY MAYOR CL~