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BYLAW - Aquisition of Lands - 19890921 - 313889BY-LAW NUMBER 3138-89 OF THE CORPORATION OF THE TOWN OF AURORA BEING A BY-LAW to authorize the acquisition of lands for Municipal purposes. WHEREAS the lands being Parts 1 and 16 on Plan 65-13645 are required for municipal purposes; AND WHEREAS it is desirable for the orderly development of Parts 2, 3, 4, 15, and 17 on Plan 65R-13645 to enter into a pre-Development Agreement with the owners, Gordon Schmidt and Elizabeth Schmidt; NOW THEREFORE the Council of the Corporation of the Town of Aurora enacts as follows: 1. The Mayor and Clerk are authorized to complete the purchase of Parts 1 and 16 on Plan 65R-16345 from Gordon Schmidt and Elizabeth Schmidt at a purchase price of $500,000.00 per acre in accordance with the terms of the Agreement attached hereto as Schedule "A". 2. The Mayor and Clerk are authorized to execute the pre-Deve 1 opment Agreement attached hereto as Schedule "B" dated the 22nd day of September 1989. READ A FIRST AND SECOND TIME THIS 21st DAY OF SEPTEMBER, 1989. '-\. READ A THIRD TIME AND FINALLY PASSED THIS 21st DAY OF SEPTEMBER, 1989. J I, LAWRENCE ALLISON, DEPUTY CLERK OF THE CORPORATION OF THE TOWN OF AURORA, DO HEREBY CERTIFY THE FOREGOING TO BE A TRUE COPY OF BY -LAW 3138-89, DULY PASSED BY THE COUNCIL OF THE SAID CORPORATION ON THE 21st DAY OF SEPTEMBER, 1989. DATE: -------SIGNED:-------