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HomeMy WebLinkAboutBy-law No. 2001-043 CORPORATION OF THE MUNICIPALITY OF BAYHAM BY-LAW NO.2001-43 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. 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 Lake Erie as part of their ongoing work; 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 as Schedule"A" 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, Registered Plan 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" attached hereto and forming part of this By-law is hereby approved. 2. THAT the Mayor and Clerk be hereby authorized to execute the said Agreement. 3. THAT this Agreement shall come into full force and effect upon the date of its enactment. 4. THAT this By-law and Agreement shall be registered in the Land Registry Office for the Registry Division of Elgin No. 11. READ A FIRST, SECOND AND THIRD TIME AND FINALLY PASSED THIS 3rd DAY OF MAY,2001. " MAYOR CLERK