HomeMy WebLinkAboutBy-law 2220/86THE CORPORATION OF THE TOWN OF PICKERING
BY-LAW NO. 2220/86
Being a By-law to authorize the execution of an
Agreement of Purchase and Sale to Spinoni Devel-
opments Limited for the acquisition of approxi-
mately 113 metres of a future road allowance in
Lot 20, Concession 1, Pickering. (LD 11/86)
WHEREAS, pursuant to the provisions of section 193 of the Municipal Act, R.S.O.
1980, chapter 302, the council of a municipal corporation may pass a by-law for the
acquisition of lands required for the purposes of the municipal corporation;
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 an Agreement of Pur-
chase and Sale in the form attached hereto as Schedule A for the acquisition
from Spinonl Developments Limited for approximately 113 metres of future road
allowance in Lot 20, Concession 1, Picketing. (LD 11/86)
BY-LAW read a first, second and third time and finally passed this 5th day of May,
1986.
TOWr~ oF
PICI~Eq:NO
' APFROVE~)
I.EGAL DE~'~
SCHMDULE A th
Toronto
AGREEMENT OF PURCHASE AND SALE
SPINONI DEVELOPMENTS LTD.
NO ~.¢.£NT ................................................................................................................................................................................................................. t~, lottowte,~
~ PLAN ATTACHED H~RETO nt., TOWN ~, o~ PICKERING
~ ~w~ ............. ~..;~.~¥...... ~ ......................................... ~ ;.~ ...............................................................................
) ~,~ ~ m m ~ ~ Qm~ ~.~. ~O) ml ~ ~m ~ ~m m m~ ~I ~.~ ~ ~)~ ~ m m~ SlC~ ~ ~I.. ~m. ~mlm ~ ~ ~ ~ m~ ~ ~ l~Om m m ~ ~mm~ U~m~m~ ~D)))~ ~l ). ~m ~m
THE RECEIPT OF WHICH IS HEREBY ACKNOWLEDGED,
VENDOR AGREES TO discharge any mortgages, liens or other encumbrances registered against
the property on or before closing at his own expense either from the poceeds of the sale
or by solicitors undertaking.
VENDOR TO PROVIDE the Purchaser as soon as possible after acceptance of this offer, with
Transfer/Deed of land for the subject lands.
THE PURCHASER AND VENDOR ACKNOWLEDGE that the said lands are being conveyed in compliance
with the requirements of section 6 (2) Page 4 of Development Agreement registered as
LT 103035,
Vendor ]~ A~ ~/)~ 86
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~A RT 2
~ART I
PART 4--.
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