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BYLAW - Land Aquisition Terra - 20040713 - 455904LTHE CORPORATION OF THE TOWN OF AURORA By-law Number 4559-04.L BEING A BY-LAW to authorize the acquisition of land described as Part of Lot 87, Plan 246 (Terra Aurora Inc.) WHEREAS Section 5(3) of the Municipal Act 2001, S.O. 2001, c.25, as amended requires the Council of a municipality to pass by-laws to exercise a municipal power; AND WHEREAS the municipal Council of the Corporation of the Town of Aurora deems it necessary and expedient to acquire certain lands from Terra Aurora Inc. for municipal purposes in exchange for the conveyance of certain lands to Terra Aurora Inc. subsequently approved through the enactment of By-law 4560-04.L; NOW THEREFORE THE MUNICIPAL COUNCIL OF THE CORPORATION OF THE TOWN OF AURORA ENACTS AS FOLLOWS: 1. THAT those certain lands (the "Lands") as described in Schedule "A" attached hereto are required for the purposes of the Corporation of the Town of Aurora. 2. THAT Council does hereby authorize the acquisition of the lands described on Schedule "A" hereto from Terra Aurora Inc. on the terms and conditions set out in Town of Aurora Report ADM04-016. 3. THAT the Mayor and Clerk are hereby authorized to execute all documentation required in connection with the acquisition thereof. 4. 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 13TH DAY OF JULY, 2004. READ A THIRD TIME AND FINALLY PASSED THIS 13TH DAY OF JULY, 2004 . ...-··--· By-law No. 4559-04.L Page2 SCHEDULE "A" All and singular the following lands and premises situated in the Town of Aurora, Regional Municipality of York: Part of Lot 87, Plan 246 Designated as Part 3 On Reference Plan 65R-27176