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HomeMy WebLinkAboutBy-law 3749/91THE CORPORATION OF THE TOWN OF PICKERING BY-LAW NO. 3749/9 1 Being a by-law to authorize the execution of a Release and Discharge of Subdivision Agreement LT188263 respecting Plan 40M-1282, Pickering. WHEREAS, pursuant to the Planning Act, 1983, S.O. 1983, c.1, s.50, or a predecessor thereof, The Corporation of the Town of Picketing and Bramalea Limited entered into an Agreemem dated May 16, 1983, Notice of which was registered on October 27, 1983 as Instrument No. LT188263, respecting the subdivision and development of Plan 40M-1282, Picker'mg; and WHEREAS the terms and conditions of that Agreement have been complied with to the satisfaction of the Town; NOW THEREFORE, the Council of The Corporation of the Town of Pickering HEREBY ENACTS AS FOLLOWS: The Mayor and Clerk are hereby authorized to execute a Release and Discharge, in the form attached hereto as Schedule A, of the Agreement dated May 16, 1983, Notice of which was registered October 27, 1983 as Instrument No. LT188263, between Bramalea Limited and The Corporation of the Town of Pickering, respecting the subdivision and development of Plan 40M-1282, Picketing. 2. Schedule A herew forms part of this By-law. BY-LAW read a first, second and third time and finally passed this ' 18~thtay of June, 1991. RELEASE AND DISCHARGE WHEREAS the Agreement dated May 16, 1983, Notice of which was registered October 27, 1983, in the Land Registry Office for the Land Titles Division of Durham (No. 40) as Instrument No. LT188263, between, BRAMALEA LIMITED hereinafter referred to as the "Company" _THE CORPORATION OF THE TOWN OF PICKERING hereinafter referred to as the "Town", provided for the subdivision and development of lands affected hereby; and WHEREAS the terms and conditions of that Agreement have been complied with to the satisfaction of the Town with respect to the lands affected hereby; THE TOWN HEREBY remises, releases and forever discharges the Company, its successors and assigns, from any and all liabilities, actions, causes of action, debts, claims or demands of any kind whatsoever which the Company may have been, is, or may become subject to pursuant to the provisions of the Agreement. THIS RELEASE AND DISCHARGE affects the lands described as: Blocks 1 to 15, inclusive, Plan 40M-1282, Town of Picketing, Regional Municipality of Durham. IN WITNESS WHEREOF the Town has hereunto affixed its corporate seal, attested to by its properly authorized officers. DATED at Pickering, Ontario this4q~fi day of June, 199/. THE CORPORATION OF THE TOWN OF PICKERING Wayne Arthurs, Mayor Brace Taylor, Clerk