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BYLAW - Declare as Surplus and Sell Municipal Lands 55 Eric T Smith Way - 20150428 - 571315THE CORPORATION OF THE TOWN OF AURORA By-law Number 5713-15 BEING A BY-LAW to declare as surplus and sell municipal lands (55 Eric T. Smith Way). WHEREAS section 5(3) of the Municipal Act, 2001, S.O.2001, c. 25, as amended (the "Act") states that a municipal power, including a municipality's capacity, rights, powers and privileges under section 9 of the Act, shall be exercised by by-law unless the municipality is specifically authorized to do otherwise; AND WHEREAS The Corporation of the Town of Aurora (the "Town") is the owner of the lands described on Schedule "A" attached hereto and forming part of this By-law (the "Lands"); AND WHEREAS the Town does not require the Lands for municipal purposes and deems it necessary to declare as surplus and sell the Lands; AND WHEREAS the Town has entered into an Offer to Purchase Agreement respecting the sale of the Lands (the "Offer"), which Offer is conditional on the enactment of the applicable by-law to convey the Lands; AND WHEREAS the Council of the Town enacted By-law Number 4255-01.A on May 8, 2001, being a By-law to provide procedures with respect to the sale of municipal land, which provisions with respect to the sale of the Lands has been adhered to; NOW THEREFORE THE COUNCIL OF THE CORPORATION OF THE TOWN OF AURORA ENACTS AS FOLLOWS: THAT the Lands be and are hereby declared as surplus. 2. THAT the sale of the Lands be and are hereby approved in accordance with the recommendations set out in Closed Session Report No. PL15-014 as adopted by Council on February 10, 2015. 3. THAT a copy of this By-law be registered on title to the Lands in the appropriate Land Registry Office. 4. THAT this By-law shall come into full force and effect upon final passage hereof. READ A FIRST AND SECOND TIME THIS 28t`' DAY OFAPRIL, 2015. READ A THIRD TIME AND FINALLY PASSED THIS 2e DAY OF APRIL, 2015. Approved as to Form Bj LegatServices signature_ MV1a Date: Apt; I Z3, 20 15 Lam• � _�. STEPHEMAJIUYCK9. TOWN CLERK By-law Number 5713-15 SCHEDULE "A" Page 2 of 2 All and singular those certain parcels or tracts of land and premises situate, lying and being in the Town of Aurora, in the Regional Municipality of York and being composed of Lot 6, Plan 65M-4324, and Part Block 11, Plan 65M-4324, Town of Aurora, Regional Municipality of York, having an area of approximately 4.97 acres, and being all of PIN 03642-3450 (LT) and part of PIN 03642-3455 (LT).