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HomeMy WebLinkAboutBy-law 3723/91THE CORPORATION OF THE TOWN OF PICKERING BY-LAW NO. 3723/91 Being a by-law to authorize the execution of a Release and Discharge of the Subdivision Agreement respecting Plan 40M-1352, Pickering. WHEREAS, pursuant to the Planning Act, 1983, S.O. 1983, c.1, s.50, or a predecessor thereof, The Corporation of the Town of Picketing and Rockport Holdings Limited entered into an Agreement dated July 4, 1983, Notice of which was registered on July 17, 1985 as Instrument No. LT238121, respecting the subdivision and development of Plan 40M-1352, Picketing; mid WHEREAS the terms and conditions of that Agreement have been complied with to the satisfaction of the Town; NOW THEREFORE, the Council of The Corporation of the Town of Picketing HEREBY ENACTS AS FOLLOWS: The Mayor and Clerk are hereby authorized to execute a Release and Discharge, in the form attached hereto as Schedule A, of the Agreement dated July 4, 1983 Notice of which was registered July 17, 1985 as Instrument No. LT238121, between Rockport Holdings Limited mad The Corporation of the Town of Picketing, respecting the subdivision and development of Plan 40M-1352, Picketing. 2. Schedule A hereto forms part of this By-law. BY-LAW read a first, second and third time and finally passed this 3rd day of June, 1991. TOWN CF PICKERING APPROVED LEGAL DEPT.~ RELEASE AND DISCHARGE WHEREAS the Agreement dated July 4, 1983, Notice of which was registered July 17, 1985, in the Land Registry Office for the Land Titles Division of Durham (No. 40) as Instrument No. LT238121, between, ROCKPORT HOLDINGS LI_IVflTED hereinafter referred to as the "Company" THE CORPORATION OF THE TOWN OF PICKERING hereinafter referred to as the "Town", provided for the subdivision and development of lands affected hereby; and WHEREAS the terms and conditions of that Agreement have been complied with to the satisfaction of the Town with respect to the lands affected hereby; THE TOWN HEREBY remises, releases and forever discharges the Company, its successors and assigns, from any and all liabilities, actions, causes of action, debts, claims or demands of any kind whatsoever which the Company May have been, is, or May become subject to pursuant to the provisions of the Agreement. THIS RELEASE AND DISCHARGE affects the lands described as: Lots 1-33, inclusive and Blocks 34-36, inclusive, Plan 40M-1352, Town of Picketing, Regional Municipality of Durham. IN WITNESS WHEREOF the Town has hereunto affLxed its corporate seal, attested to by its properly authorized offioers. DATED at Picker'mg, Ontario this 3rd day of June, 1991. THE CORPORATION OF THE TOWN OF PICKERING Wayne Anhurs, Mayor Brace Taylor, Clerk TOWN CF PICKERING APPROVED i LEGAL DEPT.