BEING A BY-LAW TO AUTHORIZE THE EXECUTION OF AN AGREEMENT OF PURCHASE AND SALE DATED THE 26TH DAY OF JUNE, 2003 BETWEEN THE CORPORATION OF THE CITY OF NORTH BAY AND DALRON CONSTRUCTION LIMITED (FOR THE SALE OF PART OF LOT 21, CONCESSION "D", PARTS 1, 2 AND 16 ON PLAN 36R-10780).