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HomeMy WebLinkAboutBRU 90 007 dispostion lands sal THE CORPORATION OF THE TOWNSHIP OF BRUCE BY-LAW NO. 90-7 Being a by-law to authorize the disposition of lands by way of sale. WHEREAS Subsection 193(1) of the Municipal 302 gives the council of every corporation laws authorizing the sale of property no municipal purposes; Act, R.S.O. 1980, c. the power to pass by- longer required for AND WHEREAS the Corporation is the owner of Lot 1, on the west side of Albert Street, in the Townplot of Inverhuron, in the Township of Bruce, and the trustee-manager of The Bruce Municipal Telephone System has requested that the Corporation sell the lands for the use by the System for purposes of the System; AND WHEREAS the Council of the Corporation has determined that the subject land save for Part 7 on Plan 3R-1197 is no longer required for purposes of the Corporation; NOW THEREFORE BE IT ENACTED as a by-law of the Corporation that: 1. All of Lot 1, on the west side of Albert Street, in the Townplot of Inverhuron, in the Township of Bruce, save and except Part 7 on Plan 3R-1l97, be sold to and for the bene fit of The Bruce Municipal Telephone System; 2. The price to be paid shall be Fifteen Thousand {$15,000.00J dollars which sum shall be paid by certified cheque at the time of the delivery of the transfer; 3. All costs incurred by the Corporation, inclusive of surveying, legal and any other charges incurred by the Corporation, shall be paid in addition to the sum of Fifteen Thousand ($15,000.00); . 4. The Reeve and the Clerk be and they are hereby authorized to execute all documents and do all things necessary to complete the sale and transfer of the said lands at the price and upon the terms contained in this by-law. - -. -, - . -..-::.~~:-:-- THE CORPORATION OF THE TOWNSHIP OF BRUCE BY-LAW NO. 90-7 PAGE 2 By-law introduced and read a FIRST time this TWENTIETH day of FEBRUARY, 1990. By-law read a SECOND time this TWENTIETH day of FEBRUARY, 1990. By-law read a THIRD time and finally passed, signed, sealed, and numbered 90-7 this TWENTIETH day of FEBRUARY, 1990. Ð '^~ ú2.M.J ACTING C~~RK ¿~ REEVE - SEAL