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HomeMy WebLinkAboutBy-law 4198/93 THE CORPORATION OF THE TOWN OF PICKER1NG 4198/93 BY-LAW NO. Being a by-law to authorize the execution of a Release and Discharge of the Development Agreement respecting Part Lot 47, Plan 1041, Picl~ering, designated as Parts 4 and 5, Plan 40R-11255 and Part Block M, Plan M-1057, Pickering, designated as Part 3, Plan 4OR-11255, WHEREAS, pursuant to the Planning Act, R.S.O. 1990, chapter P.13, section 51 and ~ a condition of the approval of Land Division Committee Application LD 727/87, Morley Bradbum and l~nore Bradbum entered into a l~velopment Agreement with The Corporation of the Town of Pickering which Agreement is dat,d February 6, 1989 and was registerext on title on March 2, 1989 as Instrument No. D305292 and March 3, 1989 as Instrument LT435942, respecting the development of Part Lot 47, Plan 1041, Pickefmg, designated as Pans 4 and 5, Plan 40R-11255 and Par~ Block M, Plan M-1057, Pickering, designated as Part 3, Plan 40R-11255; 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 Picketing HEREBY ENACTS AS FOLLOWS: 1. The Mayor and Clerk are hereby authorized to execute a Release and Discharge in the form attached hereto as Schedule A of the Development Agreement dated February 6, 1989, which was registered March 2, 1989 as D305292 and on March 3, 1989 as Instrument LT435942 between Morley James Bradbum and Lenore Christine Bradburn and The Corporation of the Town of Picketing insofar as that Agreement affects Part Lot 47, Plan 1041, Picketing, designated as Parts 4 and 5, Plan 40R~11255 and Part Block M, Plan M-1057, Pickering, designated as Part 3, Plan 40R-11255. 2. Schedule A hereto forms part of this by-law. BY-LAW read a first, second and third time and finally passed this 5th day of April 1993. RTC362 TOWN Off A?P ]OVED LEGAL DEi'T. Schedule A RELF~ASE In consideration of the sum of Two Dollars ($2.00) paid to it, receipt of which is hereby by it acknowledged, THE CORPORATION OF THE TOWN OF PICKERING hereby releases and forever discharges MORLEY JAMES BRADBURN and LENORE CHRISTINE BRADBURN their successors and assigns, of and from all claims, demands, damages, actions or causes of action which may have axisen, axe arising, or may arise as a result of or in any way related to an Agreement dated February 6, 1989 and registered as Instrument No. D305292 on March 2, 1989 and Instrument No. LT435942 on March 3, 1989, between THE CORPORATION OF THE TOWN OF PICKERING and MORLEY JAMES BRADBURN and LENORE CHRISTINE BRADBURN concerning that part of Lot 47, Plan 1041, Pickering, designated as Parts 4 and 5, Plan 40R-11255 and that part of Block M, Plan M-1057, Picketing, designated as Pa~ 3, Plan 40R-11255. IN WITNESS WHEREOF The Corporation of the Town of Pickering has hereunto aff'Lxed its corporate seal attested by its properly authorized officers this 22nd day of March, 1993. SIGNED, SEALED & DELIVERED THE CORPORATION OF THE TOWN OF PICKERING Wayne Anhurs, Mayor Brace Taylor, Clerk REL69 The Town of Pickerii I The Town of Picketing ]Bradburn, >~orley & Ignore LEGAL SERVICES DEPARTMENTI l~lease of Devel©~t Agreelr~nt