2011-140 Acquisition of LandsVILTUIT =_6
A Sy -law to Authorize the Acquisition of
Lands described as Part Lot 20, Concession 5, (Part of PIN 58545 -0154 (LT)),
designated as Part 3, Plan 51 R- 37993, (geographic Township of Oro),
Township of Oro - Medonte, County of Simcoe for Municipal Purposes
WHEREAS Section 9 of the Municipal Act, 2001, S.O. 2001, c.25, as amended,
provides that a municipality has the capacity, rights, powers and privileges of a natural
person for the purpose of exercising its authority under this or any other Act;
AND WHEREAS Section 224 of the Municipal Act, 2001, S.O. 2001, c.25, as amended,
provides that it is the role of Council to ensure that administrative policies, practices and
procedures and controllership policies, practices and procedures are in place to
implement the decisions of council;
AND WHEREAS Council of The Corporation of the Township of Oro - Medonte is
desirous in acquiring additional lands for municipal purposes;
NOW THEREFORE the Council of the Township of Oro - Medonte hereby enacts as
follows:
1. 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 3, Plan 51 R- 37993, (geographic Township
of Oro), Township of Oro - Medonte, County of Simcoe, for municipal purposes.
2. Consideration — The owners of the lands described as Part Lot 20, Concession 5,
(Part of PIN 58545 -0154 (LT)), designated as Part 3, Plan 51 R- 37993,
(geographic Township of Oro), Township of Oro - Medonte, County of Simcoe,
shall convey the aforementioned lands to The Corporation of the Township of
Oro - Medonte, for which the owners shall be issued an Official Receipt for Income
Tax Purposes, by the Township, pursuant to the Income Tax Act, R.S.C., 1985,
c. 1, for the donation of the aforementioned lands, at the rate of $4,000.00 per
acre.
3. Execution of Documents — The Mayor, Clerk and Treasurer are hereby
authorized to execute all documents necessary to carry out the intent of this By-
law.
BY-LAW READ A FIRST, SECOND AND THIRD TIME, AND PASSED THIS 7 TH DA
OF P 0
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