HomeMy WebLinkAboutBy-law 5096/97BY-LAW
REPEALED BY
REPEALS .
AMENDED BY
AMENDS
DISPOSITION
THE CORPORATION oF THE TQWN OF P][CKERING
By.LAW NO. $096/97
Being a by-law to authorize the execution of a Release of
an Agreement as it affects that Part of Lot 31, Concession
l, Picketing, now designated as Parts 1 and 2, Plan 40R-
16806.
WHEREAS, it is necessary to remove t¥om title an Agreement between the Town and Cougs
Investments Ltd. dated November 28, 1994 and registered December 2, 1994 as Instrument No. LT
704369 as it relates to the lands now described as that Part of Lot 31, Concession 1, Pickering,
designated as Parts I and 2, Plan 40R-16806',
NOW THEREFORE, the Council of the Corporation of the Town of Picketing HEREBY ENACTS AS
FOLLOWS:
1. The Mayor and Clerk are hereby authorized to execute a Release of an Agreement dated
November 28, 1994 and registered December 2, 1994 as it relates to the lands described as that
Part of Lot 31, Concession I, Picketing, designated as Part I and 2, Plan 40R-16806.
BY-LAW read a first, second and third time and finally passed this 15th day of September~ 1997.
·
Bruce Taylor, Clerk
SCH~'DULE "A"
RELEASE
In consideration of the sum of Two Dollars ($2.00) paid to it, receipt of which is hereby by it
acknowledged,
THE CORPORATION OF THE TOWN OF PICKERING
hereby releases and forever discharges
COUGS INVESTMENTS LTD.
his 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 a Development Agreement regislered as Instrument No. LT704369 on December 2, 1994,
between
THE CORPORATION OF THE TOWN OF PiCKER1NG
and
COUGS INVESTMENTS LTD
insofar as it relates to those parts of Lot 3 I, Concession 1, Pickering, designated as Parts 1 and 2, 40R-
16806.
IN WITNESS WHEREOF The Corporation of the Town of Pickering has hereunto affixed its corporate
seal attested by its properly authorized officers this 15th day of September, 1997.
SIGNED, SEALED & DELIVERED
THE CORPORATION OF THE TOWN OF PICKERING
Wayne Arthurs, Mayor
Bruce Taylor, Clerk
The TownofPickerlng - Partial Release of Dev. Agreement
LEGAL SERVIC~ DEPARTMENT - Part Lot 31, Concession 1, Pickerin~
- Files: D9403/18T-88O74 (P.5)