HomeMy WebLinkAboutBy-law No. 2010-109 THE CORPORATION OF THE
MUNICIPALITY OF BAYHAM
BY-LAW NO. 2010-109
A BY-LAW TO AUTHORIZE THE EXECUTION OF AN AGREEMENT
OF PURCHASE AND SALE WITH HYDRO ONE NETWORKS INC.
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 Act;
AND WHEREAS the Council of the Municipality of Bayham is desirous of conveying property to
Hydro One Networks Inc. for the purpose of expansion of its distribution station;
AND WHEREAS the Council of the Municipality of Bayham deems it necessary to approve an
Agreement of Purchase and Sale by by-law;
NOW THEREFORE THE COUNCIL OF THE CORPORATION OF THE
MUNICPALITY OF BAYHAM ENACTS AS FOLLOWS:
1. THAT the Council of the Municipality of Bayham hereby authorizes and directs the Mayor
and Clerk to execute the agreement in the form affixed hereto marked Schedule "A" and
forming part of this by-law, being a Agreement of Purchase and Sale between the
Corporation of the Municipality of Bayham and Hydro One Networks Inc.
2. AND THAT the Council of the Municipality of Bayham hereby authorizes and directs the
Mayor and Clerk to execute such documents as may be necessary to complete the said
Agreement of Purchase and Sale.
3. AND THAT this by-law shall come into full force and effect upon final passing.
READ A FIRST, SECOND AND THIRD TIME AND FINALLY PASSED THIS 2ND DAY
OF DECEMBER,2010.
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MAYOR CLERK