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<br />By-law # 26-2009 <br />Page 4 <br /> <br />2.5 VALUATION NOT REQUIRED <br /> <br />A Valuation of Real Property will not be required for the following classes of <br />Real Property or type of transaction provided the purchaser is not a mmlUfacturing <br />business or other industrial or commercial enterprise; <br /> <br />2.5.1 closed County Roads if sold to the owner of Real Property abutting the <br />closed County Road; <br /> <br />2.5.2 Real Property formerly used for railway lines if sold to an owner of Real <br />Property abutting the former railway; <br /> <br />2.5.3 Real Property that does not have direct access to a highway if sold to the <br />owner of Real Property abutting thereto; <br /> <br />2.5.4 Real Propelty repurchased by an owner III accordance with the <br />Expropriations Act; <br /> <br />2.5.5 Real Property sold under section 107 (general power to make grmlts) and <br />108 (small business assistance) of the Municipal Act, 2001; <br /> <br />2.5.6 Real Property sold to any municipality; <br /> <br />2.5.7 Real Property sold to a Local Board; <br /> <br />2.5.8 Real Property sold to a school board; <br /> <br />2.5.9 Real Property sold to a conservation authority; <br /> <br />2.5.] 0 Real Property sold to the Crown in right of Ontario or Canada or their <br />agenCIes; <br /> <br />2.5.11 0.3 metre reserves or reserves of such other size which were acquired for <br />road purposes or by a plmming approval or decision; <br /> <br />2.5.]2 any Real Property that is exempt by Regulation made by the Minister of <br />Municipal Affairs and Housing; or <br /> <br />2.5.13 any other Real Property which County Council in it's discretion <br />determines a Valuation is mmecessary, subject to the requirement to <br />obtain fair market Value from a manufacturing business or other industrial <br />or commercial enterprise. <br />