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By-law No. 1998-037 CORPORATION OF THE TOWNSHIP OF BAYHAM BY-LAW NO. 98-37 BEING A BY-LAW TO AUTHORIZE THE MAYOR AND CLERK TO EXECUTE A LEASE AGREEMENT BETWEEN THE MUNICIPALITY AND TALISMAN ENERGY INC. FOR THE LEASE OF A PORTION OF THE LANDS DESCRIBED AS PLAN 12 PART 1 11R- 990 E/S CHATHAM STREET, VILLAGE OF PORT BURWELL, MUNICIPALITY OF BAYHAM, COUNTY OF ELGIN WHEREAS pursuant to the Short Forms of Leases Act, the Landlord and Tenant Act and Amendments, Talisman Energy Inc. have offered to lease property leased by the Municipality from 345990 Ontario Limited for the purpose of laying out and welding small diameter pipe to be pulled out into the lake as part of their ongoing work on Lake Erie; AND WHEREAS the Council of the Corporation of the Municipality of Bayham and Talisman Energy Inc. have reached an agreement setting out the terms and conditions of the lease. THEREFORE THE COUNCIL OF THE CORPORATION OF THE MUNICIPALITY OF BAYHAM ENACTS AS FOLLOWS: 1. THAT the Agreement attached hereto and forming part of this By-law between the Corporation of the Municipality of Bayham and Talisman Energy Inc_ setting out the terms and conditions for Talisman Energy Inc. to lease a portion of the lands leased by the Municipality from 345990 Ontario Limited composed of Plan 12 Part 1 11R-990 E/S Chatham Street, in the Village of Port Burwell, Municipality of Bayham, County of Elgin and more specifically identified on Schedule "B" to the Agreement 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. READ A FIRST AND SECOND TIME this 30th day of APRIL, 1998. 1T MAYO CLERK READ A THIRD TIME AND FINALLY PASSED this 30th day of APRIL, 1998. ‘e.,4y1-46\r'dTh MAYOII L11 RK