HomeMy WebLinkAboutBy-law 4571/95 THE CORPORATION OF TIlE TOWN OF PICKERIN~
DY-LAW NO, 4571/95
Being a by-law to authorize the execution of a Release q£ a
Subdivision Agreement and amendments thereto between the
Corporation of the Town of Pickering and Rulor
Developments Limited respecting that part of Lot 9, Plan
40M-1604, Pickering, designated as Part 5, Plan 40R-15426.
WHEREAS, pursuant to the predecessor of Planning Act, R.S.O. 1990, chapter P.I 3, section 51, The Corporation
of the Town of Pickering and Rulor Developments Limited entered into a Subdivision Agreement dated April 3,
1989, registered as Instrument Number LT454295, which was subsequently amended September 18, 1989 and
registered as Instrument Number LT464222 and further amended December 21, 1992, and registered as
Instrument Number LT640225; and
WHEREAS, certain terms and conditions of those agreements insofar as they relate to a portion of the lands are
no longer necessary and should therefore be removed from title.
NOW THEREFORE, the Council of The Corporation of the Town of Pickering HEREBY ENACTS AS
FOLLOWS:
I. The Mayor and Clerk are hereby authorized to execute a Release, in the form attached hereto as
Schedule A, of a Subdivision Agreement dated April 3, 1989, registered as Instrument Number
LT454295, between The Corporation of the Town of Picketing and Rulor Development Limited, as
amended by an Agreement dated September 18, 1989, registered as Instrument Number LT464222 and
further amended on December 21, 1992, registered as Instrument Number LT640225 insofar as they
relate to that part of Lot 9, Plan 40M-1604, Pickering, designated as Par~ 5, Plan 40R-15426.
BY-LAW read a first, second and third time and finally passed this 20th day of February, 1995.
1
L'?., L DJ--,~'f.
RELEASE
In consideration of the sum of Two Dollars ($2.00) paid to it, receipt of which is hereby by it acknowledged;
and
WHEREAS the Subdivision Agreement dated April 3, 1989, notice of which was registered June 20, 1989 in
the Land Registry Office for the Land Titles Division (No. 40) as Instrument No. LT454295, between,
THE CORPORATION OF THE TOWN OF PICKERING
hereinafter referred to as the "Town"
and
RULOR DEVELOPMENTS LIMITED
hereinafter referred to as the "Company"
as amended by Agreement dated September 18, 1989, notice of which was registered August 18, 1989 as
Instrument No. LT464222 and Agreement dated December 21, 1992, notice of which was registered May 25,
1993, as Instrument No. LT640225 provided for the subdivision and development of the lands affected hereby;
THE TOWN HEREBY remises, releases and forever discharges the Company, its heirs, executors,
administrators, successors and assigns, of and from all claims, demands, damages, actions or causes of action
which may have arisen, are arising, or may arise as a result of or in any way related to those agreements,
insofar as they relate to that part of Lot 9, Plan 40M-1604, Pickering, designated as Part 5, Plan 40R-15426.
IN WITNESS WHEREOF The Corporation of the Town of Pickering has hereunto affixed its corporate seal
attested by its properly authorized officers this 20th day of February, 1995.
SIGNED, SEALED & DELIVERED
THE CORPORATION OF THE TOWN OF PICKER1NG
Wayne Arthurs, Mayor
Bruce Taylor, Clerk
TOWN OF
i;,3 72 1:67,73
SUBJECT
The Town of Pickering Rulor Develol~ents Limited
LEGAL SERVICES DEPARTMENT - Pa~t Lot 9, Plan 40~-1604, Pickeri~g
- P~iease of Subdivsion Agre~nents
S~T ~lNO
LEGAL SERVICES DEPARTMENT - P~t 5, Pl~ 40R-15426