HomeMy WebLinkAboutBy-law No. 2004-004 THE CORPORATION OF THE
MUNICIPALITY OF BAYHAM
BY-LAW NO.2004-004
BEING A BY-LAW TO AUTHORIZE THE MAYOR AND
CLERK TO EXECUTE A LEASE AGREEMENT BETWEEN
THE CORPORATION OF THE MUNICIPALITY OF
BAYHAM, THE CORPORATION OF THE TOWN OF
TILLSONBURG AND 768340 ONTARIO LIMITED FOR
THE LEASE OF PART OF LANDS DESCRIBED AS
CONCESSION 1-9, PARTS 1-5, 11R6476 AND PART 1,
11R6477, IN THE MUNICIPALITY OF BAYHAM, BEING
THE PART WITHIN LOT 128, CONCESSION N.T.R., IN
THE MUNICIPALITY OF BAYHAM, COUNTY OF ELGIN
WHEREAS the Corporation of the Municipality of Bayham is a joint owner with the
Corporation of the Town of Tillsonburg of lands described as Concession 1-9, Parts 1-5,
11R6476 and Part 1, 11R6477, in the Municipality of Bayham;
AND WHEREAS the Councils of the Corporation of the Municipality of Bayham and the
Corporation of the Town of Tillsonburg are desirous of leasing a portion these jointly owned
lands to 768340 Ontario Limited;
AND WHEREAS the Councils of the Corporation of the Municipality of Bayham and the
Corporation of the Town of Tillsonburg deem it necessary and expedient to enter into a lease
agreement with 768340 Ontario Limited to lease the portion of the subject lands abutting lands
owned by 768340 Ontario Limited;
THEREFORE THE COUNCIL OF THE CORPORATION OF THE MUNICIPALITY
OF BAYHAM ENACTS AS FOLLOWS:
1. THAT the Agreement attached hereto as Schedule "A" and forming part of this By-law
between the Corporation of the Municipality of Bayham, the Corporation of the Town of
Tillsonburg and 768340 Ontario Limited is hereby approved;
2. THAT the Mayor and Clerk be hereby authorized to execute the attached agreement
marked as Schedule "A" on behalf of the Corporation of the Municipality of Bayham.
READ A FIRST, SECOND AND THIRD TIME AND FINALLY PASSED this 8th day of
January,2004.
AO
MAYO CLERK