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HomeMy WebLinkAboutBy-law 3267/89 THE CORPORATION OF THE TOWN OF PICKERING BY-LAW NO. 326789 Being a by-law to authorize the execution of an Agreement to amend the Subdivision Agreement respecting the development of Block 56, Plan 40M-1480, Picketing (Sandbury Building Corpo- ration). WHEREAS, pursuant to section 50(6) of the Planning Act 1983, S.O. 1983, c. 1, The Corporation of the Town of Pickering entered into a Subdivision Agreement dated June 15, 1987, with Sandbury Building Corporation respecting Plan 40M-1480, which Agreement requires an amendment to provide for the development of Block 56, Plan 40M-1480, Picketing; NOW THEREFORE, the Council of The Corporation of the Town of Pickering HEREBY ENACTS AS FOLLOWS: 1. The Mayor and Clerk are hereby authorized to execute an Agreement in the form attached hereto as Schedule A to amend the Subdivision Agreement dated June 15, 1987, between Sandbury Building Corporation and The Corporation of the Town of Picketing respecting Plan 40M-1480, in order to provide for the development of Block 56, Plan 40M-1480, Pickering. BY-LAW read a first, second and third time and finally passed this 2nd day of Octo- ber, 1989. Wayne Ar/O(urs, Mayor / BrQce Tay/Iror,/Clerk TOWN OF PICKERING APPROVED LEGAL DIEPT. THE CORPORATION OF THE TOWN OF PICKERING BY-LAW NO. 326~89 Being a by-law to authorize the execution of an Agreement to amend the Subdivision Agreement respecting the development of Block 56, Plan 40M-1480, Pickering (Sandbury Building Corpo- ration ). WHEREAS, pursuant to section 50(6) of the Planning Act 1983, S.O. 1983, c. 1, The Corporation of the Town of Picketing entered into a Subdivision Agreement dated June 15, 1987, with Sandbury Building Corporation respecting Plan 40M-1480, which Agreement requires an amendment to provide for the development of Block 56, Plan 40M-1480, Picketing; NOW THEREFORE, the Council of The Corporation of the Town of Pickering HEREBY ENACTS AS FOLLOWS: 1, The Mayor and Clerk are hereby authorized to execute an Agreement in the form attached hereto as Schedule A to amend the Subdivision Agreement dated June ]5, 1987, between Sandbury Building Corporation and The Corporation of the Town of Picketing respecting Plan 40M-1480, in order to provide for the development of Block 56, Plan 40M-1480, Picketing. BY-LAW read a first, second and third time and finally passed this 2nd day of Octo- ber, 1989. Wayni Ar/th'urs, Mayor /'Brfice Tay~or,/Clerk TOWN OF PICKERING APPROVED LEGAL DEPT. SCHEDULE A THIS AGREEMENT made this 2nd day of October, 1989. BETWEEN: SANDBURY BUILDING CORPORATION hereinafter called the "Sandbury" OF THE FIRST PART, - and - THE CORPORATION OF THE TOWN OF PICKERING hereinafter called the "Town" OF THE SECOND PART. WHEREAS, Sandbury is the owner of Block 56, Plan 40M-1480, Pickering, which Block is designated as a future development block in the Agreement dated June 15, 1987, between Sandbury and the Town, Notice of which was registered August 21, 1987, as Instrument No. LT344761; and. WHEREAS, Block 56, Plan 40M-1480, may now developed in accordance with the deci- sion dated July 27, 1987, of the Ontario Municipal Board, and the documents ap- proved therein; NOW THEREFORE, THIS AGREEMENT WITNESSETH, that in consideration of the Town lifting the future development restrictions on Block 56, Plan 40M-1480, Pickering, Sandbury agrees with the Town as follows: 1. The lands affected by this Agreement hereinafter called the "Lands") is Block 56, Plan 40M-1480, Picketing. 2. In this Agreement, the term "Subdivision Agreement" means the Agreement dated June 15, 1987, between Sandbury and the Town, Notice of which was registered August 21, 1987, as Instrument No. LT344761. 3. This Agreement and everything herein contained shall enure to the benefit of and be binding upon the Parties hereto, their successors and assigns. 4. (1) Section 4(1) of Schedule A of the Subdivision Agreement is hereby deleted. (2) Section 4(2) of the Subdivision Agreement is hereby amended by deleting from the first line thereof the phrase "in accordance herewith". IN WITNESS WHEREOF, Sandbury and the Town have hereunto affixed their seals attested to by the hands of their proper authorized officers. SIGNED, SEALED AND DELIVERED SANDBURY BUILDING CORPORATION THE CORPORATION OF THE TOWN OF PICKERING Wayne Arthurs, ~layor Bruce Taylor, Clerk PLAN -: The Town of Piclmrin[ LEGAL DEPARTMENT Candbury Bu~idSng 2orporatSon - Plan 40~-1480, Pickering - Future Developmen~Block 56