Selection of new site of school and acquisition thereof when owner consents

77. In case a new site is required the Director and the Commissioner shall, with the assistance of the Town Committee or Village Commission or Committee of Management concerned, proceed to select a suitable site for the establishment of school buildings, premises, playgrounds, yards, gardens or teachers’ dwellings, as the case may be, and upon the report of the Director of Medical Services or any Medical Officer deputed by him that the site is suitable from a sanitary point of view and if the owner of such site consents in writing to the acquisition of such site, the site shall at the instance of the Director be registered in the books of the District Lands Office as an elementary school site, and all right and title of the owner in and to the land, trees or buildings thereon shall thereupon cease and determine and the immovable property tax thereon shall from the day of registration be written off.