HomeMy WebLinkAboutBy-law 2741 BY-LAW NUMBER 2741
A BY-LAW OE THE CORPORATION OF THE TOWNSHIP OF PICKERING TO PERMIT
THE CORPORATION TO ENTER INTO AN AGREEMENT OF SALE OF CERTAIN
TOWNSHIP INDUSTRIAL LANDS TO SATOK INDUSTRIAL DEVELOPMENTS LIMITED.
WHEREAS the Township of Pickering is the Owner of part of Lot 20,
~-~'~, Broken Front Concession in the Township of Picketing, shown
on plan attached hereto;
AND WHEREAS the Township desires to. sell Lots 6, 7, 12, and 13 ~hown
on the said plan to "Satock Industrial Development Limited" here-
inafter called "Satok";
THEREFORE the Municipal Council of the Corporation of the Township of
~lckerzng ENACTS AS FOLLOWS:
1. THAT the Township enter into an agreement with Satok to sell the
said lands at the rate of $3,000.00 per acre, on such terms and
conditions as the Reeve and Clerk deem advisable, including the
taking back of a purchase money mortgage for part of the purchase
price, but it is to be a condition of the said agreement, that it is
to be subject to the approval of the Department of Municipal Affairs
and, if necessary, the Ontario Municipal Board.
2. THAT the Reeve and Clerk are hereby authorized to negotiate and
do all acts and execute all documents necessary to carry out the
aforesaid sale of the said lands.
BY-LAW read a First and Second time this 10th day of December, 1962.
BY-LAW read a Third time and PASSED this 10th day of December, 1962.
Reeve
Clerk
BY-LAW NUMBER 2 7 ~ 1
A BY-LAW OF TltE CORPORATION OF THE TOWNSHIP OF PICK£RINC~ TO PERMII
THE CORPORATION TO ENTER INTO AN ACREEMENT OF .~ALE OF CERTAIN
TOWNSHIP INDUSTRIAL LANDS TO SATOK INDUSTRIAL DEVELOPMENTS LIMITED.
WHEREAS the Township of Picker~n~ is the Owner of part of Lot 20,
~'~, Broken Front Concession in the Township of Picketing, shown
on plan attached hereto;
AND WHEREAS the Township desires to sell Lots 6, 7, 12, an,~ 13 whown
dh the s~d plan to "Satock Industrial Development Limited" here-
inafter called
THEREFORE the Municipal Council of the Corporation c~ the Township of
Pickerln~ EMACTS AS FOLLOWSt
1. THAT the Township entem in~o an a~reemsnt with Satok ~o sell the
said lands at the rate of $3,000.00 per acre, on such terms and
conditions as the Reeve and Clerk deem advJmable, jncludinp the
takinR back of a purchase money ~, omt~a~e for part of the pumchase
price, but it is to be a condition of the ~aJd agmeement, that Jt is
to be subject to the appmovaI of the Depamtmsnt of Municipal Affairs
and, Jf necessary, the Ontario MunlcJpal Boamd.
2. THAT the Reeve and Clemk are hereby authomlzed to negotiate and
do ail acts and execute all documents necessam¥ to carmy out the
aforesaid sale of the said lands.
BY-LAW mead a First and Second time this 10th day of Decembem, 1962.
BY-LAW read a Third time and PASSED this 10th day of December, 1962.
BY-LAW NUM BER 2 7 q 1
^ ~Y-LAW OF THE CORPORATION OF T}iE TOWNSHIP OF PICKERIN~ TO PF~MIT
THE CORPORATION TO ENTER INTO AN AC~EEME~.~T OF SALE OF CERTAIN
TO%4NS~-~IP INDUSTRIAL LA~DS TO SATOK INDUSTRIAL DEVEI. O~MENTS LIMITED.
WHEREAS the Township of PickerinC i~ the Owner of part of Lot 20,
~, Broken Front Concession in the Township of Picketing, shown
on plan attached hereto;
AND WHEREAS The Township desires to sell Lots 6, 7. 12, and 13 ~hown
6'~-The--S:~i-~inafter calledPlan"saTok"~° "Sa~ock~ Industrial Development Limited" bore- ~k
THEREFORE the Municipal Council of th~ Corporation of th, Township of
~i6'~'~-~ EMACTS AS FOLLOWS~
1. T}~T the Township enter into an a~reement with Satok to sell the
said lands at the rate of $3,000.00 per acre, on ~uch terms and
condftJons as the Peeve and Clerk deem adv~mable, includjn~ the
takin~ back of a purchase money m ert~a~e for ~art of the purchase
p~ce, but ~t ~s to be a condition of the said af..~eement, that Jt
to be sub,eot to the approval of the Department of Municipal Affafrs
and, ~f necessary, the Ontario Municipal Board.
2. THAT the Reeve and Clerk are hereby authorized to neFotiate and
do all acts and execute all document~ necessary to carry out the
aforesaid ~ale of the sa~d lands.
BY-LAW ~ead a First and ~eeond ti~e this 10th day of December, 1962.
BY-LAW read a Third time and PASSED this 10th day of December, 1962,