HomeMy WebLinkAboutBy-law 3849/91THE CORPORATION OF THE TOWN OF PICKERING
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Being a by-law to authorize the execution of a Release
and Discharge of the Subdivision Agreement respecting
Plan 40M-1366, 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 Rulor Development Limited entered into an Agreement dated
July 3, 1984, Notice of which was registered on December 11, 1985 as Instrument No. LT254480,
respecting the subdivision and development of Plan 40M- 1366, Picketing; 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 July 3, 1984, Notice of which was
registered December 11, 1985 as Instrument No. LT254480, between Rulor Developments
Limited and The Corporation of the Town of Picketing, respecting the subdivision and
development of Plan 40M-1366, Pickering.
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.
RELEASE ANDDISCHARGE
WHEREAS the Agreement dated July 3, 1984, Notice of which was registered December 11, 1985, in
the Land Registry Office for the Land Titles Division of Durham (No. 40) as Instrument No. LT254480,
between,
RULOR DEVELOPMENTS LIMITED
hereinafter referred to as the "Company"
THE CORPORATION OF THE TOWN OF PICKERLNG
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 1-23, Blocks 24 and 25, Plan 40M-1366, 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 O,¢
PlCKERING
APPROVED