BYLAW - Authorize tax Arrears Extension Agreement - 20000523 - 417500F'.~ .
THE CORPORATION OF THE TOWN OF AURORA
By-law Number 4175-00.F
BEING A BY-LAW to
authorize the execution of a
tax arrears extension
agreement ..
WHEREAS Section 8 of the Municipal Tax Sales Act, R.S.O. 1990, Chap. M.60, as amended
authorizes the Council of a local municipality to execute a tax arrears extension agreement;
AND WHEREAS Section 8 of the Municipal Tax Sales Act, R.S.O. 1990, Chap. M.60, as
amended provides that the Council of a local municipality may by by-law authorize an agreement
with the owner of such land to extend the period of time in which the cancellation price payable
on the land is to be paid;
AND WHEREAS the Municipal Council of the Corporation of the Town of Aurora has
registered on the 18th day of May, 1999, a Tax Arrears Certificate against the land described in
Schedule "A" attached hereto and forming part of this by-law;
AND WHEREAS the Municipal Council of the Corporation of the Town of Aurora deems it
necessary and expedient to enter into a Tax Arrears Extension Agreement with Patricia Eileen
Brace.
NOW THEREFORE THE MUNICIPAL COUNCIL OF THE CORPORATION OF THE
TOWN OF AURORA ENACTS AS FOLLOWS:
1. THAT the Corporation of the Town of Aurora enter into an Agreement with Patricia
Eileen Brace, the owner (or spouse of the owner) of the land described in Schedule "A"
to extend the time period in which the cancellation price payable on this land is to be paid
beyond May 18, 1999.
2. THAT said Agreement be in substantially the same form and contain the same terms and
conditions as set out in Schedule "B" attached hereto and forming part of this by-law.
3. THAT the provisions of this By-law shall come into force and take effect upon third
reading thereof.
READ A FIRST AND SECOND TIME THIS 23'a DAY OF May, 2000.
READ A THIRD TIME AND FINALLY PASSED THIS 23'a DAY OF May, 2000.
B. PANIZZA, TOWN CLERK