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HomeMy WebLinkAboutBy-law 3816/91THE CORPORATION OF THE T02~i~F~I~K.~J~ 3816/91 Being a by-law to authorize the execution of a Release and Discharge of the Subdivision Agreement respecting Plan 40M-1562, 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 Pickerlng and Bramalea Limited entered into an Agreement dated May 6, 1985, Notice of which was registered on November 8, 1985 as Instrument No. LT250601, respecting the subdivision and development of Plan 40M- 1362, Pickering; and 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 Pickering 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 May 6, 1985, Notice of which was registered November 8, 1985 as Instmment No. LT250601, between Bramalea Limited and The Corporation of the Town of Pickering, respecting the subdivision and development of Plan 40M-1362, Picketing. 2. Schedule A hereto forms part of this By-law. BY-LAW read a first, second and third time and finally passed this 16th day of September, 1991. Wayne ~Mqhurs, Mayb'3 ~ Br~ce Taylor, ~rk c/ TOWN CF PICKERING APPROVED RELEASE AN_D~DISCHAR~t_E WHEREAS the Agreemem dated May 6, 1985, Notice of which was registered November 8, 1985, in the Land Registry Office for the Land Titles Division of Durham (No. 40) as Instrument No. LT250601, between, ~Rd~MALEA LIMITED_ hereinafter referred to as the "Company" THE CORPORATION OF THE TOWN OF PICK.EKING hereinafter refer~ed 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 Agreements. THIS RELEASE AND DISCHARGE affects the lands described as: Lots 1-105, inclusive, and Blocks 106-110, inclusive, Plan 40M-1362, Town of Pickering, Regional Municipality of Durham. IN WITNESS WHEREOF the Town has hereunto affixed its corporate seal, attested to by its properly authorized officers. DATED at Picketing, Ontario this 16th day of September, 1991. THE CORPORATION OF THE TOWN OF PICKERING Wayne Arthurs, Mayor Brace Taylor, Clerk TOWN OF PICKERING APPROVED AS TO FORM LEGAL DEPT.