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HomeMy WebLinkAboutBy-law 4215/93 THE CORPORATION OF THE TOWN OF PICKERING BY-LAW NO. 4215/93 Being a by-law to authorize the execution of a Release and Discharge of the Servicing Agreement, and amendment thereto, respecting parts of Lots 23 and 24, Concession 1, Pickering, designated as Parts 1-3, Plan 40R-9889 and Parts 1 and 2, Plan 40R-10571. WHEREAS, pursuant to the Planning Act, R.S.O. 1990, chapter P.13, section 51 and as a condition of the approval of Land Division Committee Applications LD496-7/86, Bramalea Limited and Armor Elevator Canada Limited (now 117884 Canada Inc.) entered into a Servicing Agreement with The Corporation of the Town of Picketing which Agreement is dated February 16, 1987 and registered on title on April 14, 1987 as Instrument No. D245947, as amended by the Agreement dated March 7, 1988 and registered on title on March 25, 1988 as Instrument No. D274767, respecting the development of parts of Lots 23 and 24, Concession 1, Pickering, designated as Parts 1-3, Plan 40R-9889 and Parts 1 and 2, Plan 40R-10571; and WHEREAS, the terms and conditions of that Agreement, as amended, 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 Schedules A and B, of: 1. an Agreement between Bramalea Limited and Armor Elevator Canada Limited (now 117884 Canada Inc.) and The Corporation of the Town of Picketing dated February 16, 1987 and registered on title on April 14, 1987 as Instrument No. D245947 respecting parts of Lots 23 and 24, Concession 1, Picketing designated as Parts 1-3, Plan 40R-9889; 2. an Amending Agreement between Bramalea Linaited and The Corporation of the Town of Picketing dated March 7, 1988 and registered on title on March 25, 1988 as Instrument No. D274767, respecting parts of Lot 24, Concession 1, Picketing, designated as Parts 1 and 2, Plan 40R-10571. Schedule A and B hereto form part of this by-law. BY-LAW read a fu:st, second and third time and finally passed this 3rd day of May, 1993. PICKERING APPROVED AS TO FORM Bruce Taylor, Clerk RTC375 LEG,aL DEPT. Schedule A R F.~ .RASE 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 BRAMALEA LIMITED AND ARMOR ELEVATOR CANADA LIMITED (now 117884 Canada Inc.) their successors and assigns, of and from all claims, demands, damages, actions or causes of action which may have arisen, are arising, or may arise as a result of or in any way related to an Agreement dated February 16, 1987 and registered April 14, 1987 as Instrumem No. D245947, between THE CORPORATION OF THE TOWN OF PICKERING and BRAMALEA LIMITED AND ARMOR ELEVATOR CANADA LIMITED (now 117884 Canada Inc.) conceming those parts of Lots 23 and 24, Concession 1, Picketing, designated as Parts 1-3, Plan 40R-9889. IN WITNESS WHEREOF The Corporation of the Town of Picketing has hereunto afftxed its corporate seal attested by its properly authorized officers this 3rd day of May, 1993. SIGNED, SEALED & DELIVERED THE CORPORATION OF THE TOWN OF PICKERING Wayne Arthurs, Mayor Bruce Taylor, Clerk Schedule B R F.I .EASE 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 BRAMALEA LIMITED its successors and assigns, of and from all claims, demands, damages, actions or causes of action which may have arisen, are arising, or may arise as a result of or in any way related to an Amending Agreement dated March 7, 1988 and registered May 25, 1988 as Instrument No. D274767, between THE CORPORATION OF THE TOWN OF PICKERING and BRAMALEA LIMITED concerning those parts of Lot 24, Concession 1, Pi. ckering, designated as Pans 1 and 2, Plan 40R-10571. IN WITNESS WHEREOF The Corporation of the Town of Pickering has hereunto affixed its corporate seal attested by its properly authorized officers this 3rd day of May, 1993. SIGNED, SEALED & D~LIVERED THE CORPORATION OF THE TOWN OF PICKERING Wayne Anhurs, Mayor Bruce Taylor, Clerk The Town of Pickering IBram. alea Limited & P_rmor Elevator Canada Limited (now 1178S4 Canada Inc.) LEGAL SERVICES DEPARTMENT[ - Pa~t of Lots 23 and 24, Concession 1 - ~elease of Servicinq Aoreen~mt ,