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HomeMy WebLinkAboutBy-law 4832/96 THE CORPORATION OF THE TOWN OF PICKERING BY-LAW NO. 4832/96 Being a by-law to authorize the execution of an Agreement between the Town of Pickering and Eastville Holdings Limited (The Brockstone) regarding the payment of development charges for Lot 19, Concession 1, Blocks' E, F and G, Plan M- 1024, Pickering. WHEREAS, section 9(8) of the Development Charges Act R.S.O. 1990 c. D.9 authorizes the Town to enter into agreements for the payment of development charges on dates later than the issuing ora building permit. AND WHEREAS, the Town desires to enter into an agreement with Eastville Holdings Limited regarding the timing of the payments of development charges on the proposed condominium development to be located on Block E, F and G, Plan M-1024. NOW THEREFORE, the Council of the Corporation of the Town of Pickering HEREBY ENACTS AS FOLLOWS: h The Mayor and Clerk are hereby authorized to execute an Agreement with Eastville Holdings Limited, prepared in a form acceptable to the Town's Solicitor which provides for the deferred payment of the Town's development charges on the Brockstone Condominium development in accordance with the schedule attached to this by-law. BY-LAW read a first, second and third time and finally passed this 6th day of August, 1996. Wayne Arthurs, Mayor C,r~,,.c Taylor, Clerk, TOWN C/ ~ File: C95006, C96001