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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