HomeMy WebLinkAboutBy-law 4252/93 THE CORPORATION OF THE TOWN OF PICKERING
BY-LAW NO, 4252/93
Being a by-law to authorize the execution of a Release
and Discharge of the Subdivision Agreement respecting
Plan 40M-1502, Pickering.
WHEREAS, pursuant to the Planning Act R.S.O. 1990, Chap. P. 13, s.51, The Corporation of the Town
of Pickering and Cougs Investments Ltd. entered into an Agreement dated August 4, 1987, Notice of
which was registered on December 3, 1987 as Instrument No. LT362562, respecting the subdivision and
development of Plan 40M-1502, Pickering; 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 August 4, 1987, Notice of which was
registered December 3, 1987 as Instrument No. LT362562, between Cougs Investments Ltd.
and The Corporation of the Town of Picketing, respecting the subdivision and development of
Plan 40M- 1502, 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 Arthursf, Mayor
,/~lmce Taylor, Clerk
RTC397
TOWN OF
PICKERING
APPROVED
.AS TO FORM
LEGAL DEPT.
RELEASE AND DISCHARGE
WHEREAS the Agreement dated August 4, 1987, Notice of which was registered December 3, 1987, in
the Land Registry Office for the Land Titles Division of Durham (No. 40) as Instrument No. LT362562,
between,
COUGS INVESTMENTS LTD;
hereinafter referred to as the "Company"
THI~ 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 140, inclusive, Plan 40M-1502, Town of Picketing, Regional Municipality of Durham.
IN WITNESS WHEREOF the Town has hereunto affixed its corporate seal, attested to by its properly
authorized officers.
DATED at Picketing, Ontario this 21 st day of June, 1993.
THE CORPORATION OF THE TOWN OF PICKERING
Wayne Arthurs, Mayor
Brace Taylor, Clerk
RTC397
40M- 13lB
PET~IA
The Town of Pickering Cougs Investments Ltd.
LEGAL SERVICES DEPARTMENT - Plan 40M-1502, Pickering
- Subdivision Canpletion and Release