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BYLAW - Aquisition from The Queen (Chamber of Commerce) - 20010717 - 429601LTHE CORPORATION OF THE TOWN OF AURORA By-law Number 4296-01.L BEING A BY-LAW to authorize the execution of a cost-sharing agreement and acquisition of land described as Part of Lot 75, Concession 1, E. Y.S. from Her Majesty the Queen. WHEREAS Section 191 of the Municipal Act, R.S.O. 1990, as amended, authorizes the Council of a local municipality to pass by-laws for the acquisition of land for the purposes of the municipal corporation; AND WHEREAS the municipal Councilofthe Corporation of the Town of Aurora deems it necessary and expedient to acquire certain lands for municipal purposes and enter into a Cost Sharing Agreement with respect to the decommissioning of wells located on the lands and connection of the Provincial buildings located on the North-west corner of Yonge and Bloomington Streets; NOW THEREFORE THE MUNICIPAL COUNCIL OF THE CORPORATION OF THE TOWN OF AURORA ENACTS AS FOLLOWS: 1. THAT Council does hereby authorize the acquisition of the lands described on Schedule "A" hereto from Her Majesty the Queen, in right of Ontario, as represented by the Chair of the Management Board of Cabinet on the terms and conditions set out in Town of Aurora Report ADM01-023. 2. THAT the Mayor and Clerk are hereby authorized to execute a Cost Sharing Agreement with Her Majesty the Queen, in right of Ontario, as represented by the Chair of the Management Board of Cabinet on the terms and conditions set out in Town of Aurora Report ADM01-023. 3. THAT the Mayor and Clerk are hereby authorized to execute all documentation required in connection with the acquisition thereof. 4. THAT provisions of this By-law shall come into force and take effect upon third reading thereof. READ A FIRST, SECOND AND THIRD TIME THIS 17m DAY OF JULY '2001. B. TOWN CLERK By-law No. 4296-0l.L Schedule "A" All and singular the following lands and premises: Part of Lot 75 Concession 1, E.Y.S. Designated as Part 1 On Reference Plan 65R-5164 Town of Aurora Regional Municipality of York Page2