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2011-141 Exchange of Landsfi r' s A. e;' d�, � A By-law to Exchange the lands described as Part Lot 20, Concession 5, (Part of PIN 58545 -0155 (LT)), designated as Part 6, Plan 51 R- 37993, (geographic Township of Oro), Township of Oro- Medonte, County of Simcoe For The lands described as Part Lot 20, Concession 5, (Part of PIN 58545 -0154 (LT)), designated as Part 2, Plan 51 R- 37993, (geographic Township of Oro), Township of Oro- Medonte, County of Simcoe for Municipal Purposes WHEREAS Section 270 of the Municipal Act, 2001, S.O. 2001, c.25, as amended, authorizes a Council of a municipality to sell or otherwise dispose of land in accordance with policies adopted and maintained by the municipality in respect thereof; AND WHEREAS Council passed By -law No. 2007 -083 on the 18th day of July, 2007, being a By -law to establish a policy /procedure with respect to the sale and other disposition of land; AND WHEREAS Council has determined that the lands described as Part Lot 20, Concession 5, (Part of PIN 58545 -0155 (LT)), designated as Part 6, Plan 51 R- 37993, (geographic Township of Oro), Township of Oro - Medonte, County of Simcoe are no longer required for municipal purposes and has by resolution declared the lands to be surplus to the needs of the municipality; AND WHEREAS Council is desirous in acquiring the lands described as Part Lot 20, Concession 5, (Part of PIN 58545 -0154 (LT)), designated as Part 2, Plan 51 R- 37993, (geographic Township of Oro), Township of Oro - Medonte, County of Simcoe, for municipal purposes and has agreed with the owner of those lands to exchange those lands with those designated as Part 6, Plan_ 51 R- 37993; AND WHEREAS the proposed by -law came before Council of The Corporation of the Township of Oro - Medonte for consideration at its meeting on the 7th day of September, 2011, and at that time Council received no notice of objection to the proposed exchange of land from any party; NOW THEREFORE the Council of the Township of Oro - Medonte hereby enacts as follows: Authorization for Dispostion - Council does hereby authorize the conveyance of the lands described as Part Lot 20, Concession 5, (Part of PIN 58545 -0155 (LT)), designated as Part 6, Plan 51 R- 37993, (geographic Township of Oro), Township of Oro- Medonte, County of Simcoe, to the registered owner of the abutting lands as follows and that the title to the transferred lands merge with those lands owned by the respective abutting owner: Registered Owner Cumming, Paul Eric Cumming, Laurie Jean Owner's Lands PIN #58545 -0154 (LT) Part Lot 20, Concession 5 (Oro) designated as Parts 1, 2, 3 and 4, Plan 51 R- 37993 Lands to be Transferred Part of PIN #58545 -0155 (LT) To Owner Part Lot 20, Concession 5 (Oro) designated as Part 6, Plan 51 R -37993 Upon registration of the Transfer, the respective owners be required, at their sole expense, to bring an Application under The Land Titles Act, R.S.O. 1990, as amended, to consolidate the parcel with their abutting property to one Property Identifier Number. 2. Sale Price and Consideration — In accordance with By -law No. 2007 -083, as amended, Council hereby sets the sale price for the lands described as Part Lot 20, Concession 5, (Part of PIN 58545 -0155 (LT)), designated as Part 6, Plan 51 R- 37993, (geographic Township of Oro), Township of Oro - Medonte, County of Simcoe, at "nil'. 3. Acquisition of Land for Municipal Purposes — Council does hereby authorize the acquisition of the lands described as Part Lot 20, Concession 5, (Part of PIN 58545 -0154 (LT)), designated as Part 2, Plan 51 R- 37993, (geographic Township of Oro), Township of Oro - Medonte, County of Simcoe, for municipal purposes, in exchange for those lands set out to be transferred in Paragraph 1 herein. 4. Purchase Price and Consideration - In accordance with By -law No. 2007 -083, as amended, Council hereby sets the purchase price for the lands described as Part Lot 20, Concession 5, (Part of PIN 58545 -0154 (LT)), designated as Part 2, Plan 51 R- 37993, (geographic Township of Oro), Township of Oro- Medonte, County of Simcoe, at "nil'. 5. Execution of Documents — The Mayor and Clerk are hereby authorized to sign all documents to carry out the intent of this By -law. SECOND BY-LAW READ A FIRST, R D TIME, AND PASSED DAY IF - - LUEAMM AM