Being a by-law authorizing the execution of that certain agreement dated the 1st day of February, 1968, between Beatrice Kelly, of the City of North Bay, and the Corporation of the City of North Bay, pertaining to an encroachment of the building situate on the North-Easterly one-half of lot no. 155, on the southerly side of McIntyre street, as shown on registered plan no.10, for the City of North Bay