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BYLAW - Sale of Land to Lucy - 19880824 - 301688BY-LAW NUMBER 3016-88 OF THE CORPORATION OF THE TOWN OF AURORA BEING A BY-LAW to approve the sale of certain lands to Lucy Construction Ltd. WHEREAS, this Corporation is now seized and possessed of the lands described as Parcel C-1, Section M-42 being the whole of block "C", Plan M-42, Town of Aurora, Regional Municipality of York Region (hereinafter called the "Lands"); AND WHEREAS, the Lands were acquired by this Corporation for nonpayment of municipal taxes pursuant to the provisions of the Municipal Affairs Act R.S.O. 1980, C.303 and Municipal Tax Sales Act S.O. 1984, C.48; AND WHEREAS, Lucy Construction Ltd. had an interest in the Lands prior to their acquisition by this Corporation and failed to exercise its right to redeem the Lands; AND WHEREAS, by virtue of Section 193 of the Municipal Act, R.S.O. 1980, Chapter 302, this Corporation is empowered to sell lands that are no longer required for municipal purposes; AND WHEREAS, the Lands are no longer required for municipal purposes; AND WHEREAS, this Corporation has resolved by Resolution #516 adopted July 29, 1987 to convey the Lands to Lucy Construction Ltd. for a consideration equal to the total of all taxes and charges owing with respect to the Lands and for the Corporation's legal costs related to the acquisition and conveyance of the Lands. NOW THEREFORE, The Muni ci pa 1 Corporation of The Town of Aurora enacts as By-law No. 3016-88 of the Corporation of the Town of Aurora the following: 1. THAT the Lands are no longer required for municipal purposes. 2. THAT the Lands be conveyed to Lucy Construction Ltd. for a consideration equal to the total of all taxes and charges owing with respect to the Lands and for the Corporation's legal costs related to the acquisition and conveyance of the Lands. 3. THAT the Mayor and Clerk be authorized seal of The Corporation of The Town necessary to effect the conveyance Corporation to Lucy Construction Ltd. to sign and execute under of Aurora all documents of the Lands by this 4. THAT the provisions of this By-law shall come into force and be effective upon final passage thereof. READ A FIRST AND SECOND TIME THIS 24 DAY OF August • 1988. READ A THIRD TIME AND FINALLY PASSED THIS 24 DAY OF August • 1988. J.