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BYLAW - Declare Surplus Sell Lands 40 EricTSmith Way 180 Goulding Ave - 20151124 - 578015THE CORPORATION OF THE TOWN OFAURORA By-law Number 5780-15 BEING A BY-LAW to declare as surplus and sell municipal lands (40 Eric T. Smith Way/180 Goulding Avenue). 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 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 Number4255-01.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: 1. THAT the Lands be and are hereby declared as surplus. 2. THAT the sale of the Lands be and is hereby approved in accordance with the recommendations set out in Closed Session Report No. PL15-079 as adopted by Council on September 29, 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 on the date of final passage hereof. READ A FIRST AND SECOND TIME THIS 24th DAY OF NOVEMBER, 2015. READ A THIRD TIME AND FINALL Y PASSED THIS 24th DAY OF NOVEMBER, 2015. Approvedas to Form #4_'6E100REY DAWE, MAYOR By. LegalServices A(ot, Date: -- N". 3, Z ►5 STEPHN IJI!A. HUYCKE, TOWN CLERK By-law Number 5780-15 Page 2 of 2 SCHEDULE "A" 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 1, Plan 65M-4324, save & except Part 1 on 65R-35666, designated as Part 17 on Plan 6511-35964, Town of Aurora, Regional Municipality of York, being all of PIN 03642- 4026 (LT), having an area of approximately 2 acres, more or less.