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HomeMy WebLinkAboutBy-law 4247/93 THE CORPORATION OF THE TOWN OF PICKERING BY-LAW NO, 4247/93 Being a by-law to authorize the execution of a Release and Discharge of the Subdivision Agreement respecting Plan 40M-1443, Pickering. WHEREAS, pursuant to the Planning Act R.S.O. 1990, Chap. P. 13, s.51, The Corporation of the Town of Picketing and $.F. Coughian Construction Co. Limited and 557351 Ontario Limited entered into an Agreement dated April 21, 1986, Notice of which was registered on January 14, 1987 as Instrument No. LT305629, respecting the subdivision and development of Plan 40M-1443, 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: 1. 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 April 21, 1986, Notice of which was registered January 14, 1987 as Instrument No. LT305629, between J.F. Coughlan Construction Co. Limited and 557351 Ontario Limited and The Corporation of the Town of Pickering, respecting the subdivision and development of Plan 40M-1443, Picketing. 2. Schedule A hereto forms part of this By-law, BY-LAW read a first, second and third time and finally passed this 21st day of June, 1993. Wayne Arthu s, Ma3;or' or, Clerk RTC405 TOWN OF APPRDVED AS 1'0 FORM RELEASE AND DISCHARGE WHEREAS the Agreement dated April 21, 1986, Notice of which was registered January 14, 1987, in the Land Registry Office for the Land Titles Division of Durham (No. 40) as Instrument No. LT305629, between, J.F. COUGHLAN CONSTRUCTION CO. LIMITED AND 557351 ONTARIO LIMITED hereinafter referred to as the "Company" THE CORPORATION OF THE TOWN OF PICKERING 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 1-10, inclusive, all on Plan 40M-1443, Town of Picketing, Regional Municipaiity of Durham. IN WITNESS WHEREOF the Town has hereunto affixed its corporate seal, attested to by its properly authorized officers. DATED at Pickering, Ontario this 21 st day of June, 1993. THE CORPORATION OF THE TOWN OF PICKERING Wayne Anhurs, Mayor Brace Taylor, Clerk RTC405