HomeMy WebLinkAboutBy-law 5400/98THE CORPORATION OF THE TOWN OF PICKle, RING
BY-LAW NO. 5400/98
Being a by-law to reflect an amendment to the purchaser
and purchase price set out in By-law 5364/98 respecting
the sale of lands being Part of Lot 33, Range 3, B.F.C.,
Pickering, designated as Parts 5, 6 and 7, Plan 40R-8386
(now designated as Parts 1 and 2, Plan 40R-18415), now
designated as surplus lands by the Town of Pickering.
WHEREAS, The Town of Picketing on April 3, 1995 passed By-Law 4592/95 to establish procedures
to regulate the sale of Municipal Real Property pursuant to section 193(2) of the Municipal Act, R.S.O.
1990 c.M.45, as amended;
AND WHEREAS by Resolution No. 116/98, the Council of The Corporation of the Town of Picketing
declared the lands being that Part of Lot 33, Range 3, B.F.C., Picketing, designated as Parts 5, 6 and 7,
Plan 40R-8386 as surplus to the needs of The Corporation of the Town of Picketing;
AND WHEREAS The Corporation of the Town of Pickering desired to sell parts of those surplus lands
to the respective owners of the abutting lands;
AND WHEREAS at a Special Meeting of Council held August 4, 1998, Council was advised that the
name of one of the purchasers and the purchase price set out in draft By-law 5364/98 should be revised;
AND WHEREAS By-Law 5364/98 was passed prior to the amendments being made to the by-law.
NOW THEREFORE, the Council of The Corporation of the Town of Picketing HEREBY ENACTS AS
FOLLOWS:
By-law 5364/98 is hereby amended to read as follows:
Those lands lying and being in the Town of Picketing, in the Regional Municipality of Durham
legally described as Part of Lot 33, Range 3, B.F.C., Picketing, and being more particularly set
out as Part 1, Plan 40R-18415 shall be sold to Buena Vista Homes Limited, in accordance with
By-Law 4592/95;
Those lands lying and being in the Town of Picketing, in the Regional Municipality of Durham
legally described as Part of Lot 33, Range 3, B.F.C., Picketing, and being more particularly set
out as Part 2, Plan 40R-18415 shall be sold to Royal Holdings Canada Limited, in accordance
with By-Law 4592/95;
That the total sale price for Parts 1 and 2 shall be the sum of $68,000 plus the Town's actual
costs for advertising and appraisal fees.
The sale of the lands described as Part of Lot 33, Range 3, B.F.C., Picketing, designated as Parts
1 and 2, Plan 40R-18415 shall be conditional upon the Purchaser agreeing to immediately
convey to the Town/Region any easement(s) required for sewer or other municipal purposes to
The Corporation of the Town of Picketing/The Regional Municipality of Durham in a form
acceptable to the Town Solicitor. The easement(s) shall be conveyed immediately following the
closing of the sale transaction and prior to the registration of any encumbrances on the lands, at
no cost to the Town of Picketing or to the Regional Municipality of Durham."
BY-LAW read a first, second and third time and finally passed this 19th day of October, 1998.
RE9805
Bruce Taylor, Clerk