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BYLAW - Sale of Lands - 19890628 - 311489BY-LAW NUMBER 3114-89 OF THE CORPORATION OF THE TOWN OF AURORA BEING A BY-LAW to approve the sale of certain lands from the Corporation of The Town of Aurora to Bruce Gregory Mclellan and Patricia Helen Wagner Mclellan (collectively hereinafter called "Mclellan"). WHEREAS, by virtue of an agreement entered into between 554048 Ontario Limited, St. Andrew's ~ollege, Vanguard Trust of Canada Limited, CCB Mortgage Investment Corporation, and The Corporation of The Town of Aurora pursuant to Section 50 (6) of the Planning Act S.O. 1983, which is registered in the Land Registry Office for the Land Titles Division for York Region Number 65 as Instrument Number LT192788 (hereinafter called the "Agreement") and the Transfer/Deed of Land registered in the said Land Registry Office as Instrument Number LT196333, the Corporation of the Town of Aurora is now seized and possessed of the lands described as Part of Parcel 158-1, Section 65M-2258, being Part of Lot 158, Plan 65M-2258, designated as Parts 3 and 4, Plan 65R-13171, Town of Aurora, Regional Municipality of York (hereinafter called the "Lands"); AND WHEREAS the Agreement requires that the Lands be conveyed to the Owner, as defined in the Agreement, if they are not required for road and/or service connections; AND WHEREAS the Owner, as defined in the Agreement, has consented in writing to the sale of the Lands to Mclellan; AND WHEREAS, this Corporation has agreed to sell the Lands to Mclellan, retaining an easement for servicing purposes over a portion thereof; AND WHEREAS, by virtue of Section 50 (10) of the Planning Act, S.O. 1983, this Corporation is empowered to dispose of the Lands at any time; NOW THEREFORE, the Municipal Corporation of The Town of Aurora hereby enacts as By-law Number 3114-89, of the Corporation of The Town of Aurora, the following: 1. THAT the Lands designated as Parts 3 and 4, Plan 65R-13171, are, save and except easement rights over Part 3, no longer required by this Corporation for municipal purposes. 2. THAT the Lands be sold to Mclellan for a consideration equal to this Corporation's leg a 1 , real estate appraisal and other admi ni strati ve costs as determined by this Corporation's Clerk. 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 disposition of the Lands to Mclellan. READ A FIRST AND SECOND TIME THIS 14thDAY OF June ' 1989. READ A THIRD TIME AND FINALLY PASSED THIS 28th DAY OF June ' 1989. !/~