HomeMy WebLinkAboutBy-law 316/75THE CORPORATION OF THE TOWN OF PICKERING
BY-LAW NUMBER 31? -7-,'
Being a By-law to amend By-law
Number 4394/73 of the former Township
of Pickering which provided for the
sale of part of Lot 18, Range 3,
Broken Front Concession to
Orangebrook Developments Limited and
to repeal By-law Number 313/75.
WHEREAS By-law Number 4394/73 of the former Township of Pickering
authorized the sale of certain land to Orangebrook Developments Limited and
authorized the Reeve and Clerk to execute on behalf of the Corporation
of the former Township of Pickering a Deed conveying the land to
Orangebrook Developments Limited, more particularly described as
Part 1 on Reference Plan 40R-1065 filed in the Registry Office for the
Registry Division of the Region of Durham (hereinafter called the "land");
AND WHEREAS the Treasurer of Ontario and Minister of Economics and
Intergovernmental Affairs approved the sale of this property on
July 20th 1973, as required under section 122 of The Regional
Municipality of Durham Act, R.S.O. 1973, c. 78;
AND WHEREAS by a Deed dated the 21st day of June 1973 and registered
on the 27th day of July 1973 the former Corporation of the Township
of Pickering conveyed the land to Orangebrook Developments Limited,
as to an undivided 50% interest and Ballycroy Investments Limited,
as to the remaining 50% interest;
AND WHEREAS the conveyance to Orangebrook Developments Limited and
Ballycroy Investments Limited may not be valid for the reason that the
former Township of Pickering only had authority under By-law Number
4394/73 to sell to Orangebrook Developments Limited;
AND WHEREAS it is desirable to amend By-law Number 4394/73 to provide
the necessary and required authority to sell the land to the grantees
described in the Deed;
AND WHEREAS the Corporation of the Town of Pickering and the Regional
Municipality of Durham are the legal successors to the former
Corporation of the Township of Pickering and have the legal power
to amend By-law Number 4394/73.
NOW THEREFORE BE IT HEREBY ENACTED:
1. That By-law Number 4394/73 of the former Township of
Pickering be amended by repealing paragraphs 1 and 2
thereof and substituting the following therefor;
1. That that part of Lot 18, in Range 3,
Broken Front Concession, of the Township
of Pickering, as described in the Agreement
of Purchase and Sale dated May 10th 1973 be sold
to Orangebrook Developments Limited as to an
undivided 50% interest and Ballycroy Investments
Limited as to the remaining 50% interest,
in accordance with the terms and conditions
contained in the said Agreement of Purchase
and Sale.
2. That the Reeve and Clerk of the Township of
Pickering be and are hereby authorized and
instructed to execute, on behalf of the
Corporation of the Township of Pickering, a
Deed of the said lands to Orangebrook
Developments Limited as to an undivided
508 interest and Ballycroy Investments Limited
as to the remaining 50% interest.
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2. That this By-law shall in all respects be deemed to have
come into force and effect as of and from the 25th day
of June 1973.
3. By-law Number 313/75 be and the same is hereby repealed.
By-law read a first, second and third time and passed in open council
this i A day of Uj4yjjW , 1975.
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Mayor Administrator- erk