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HomeMy WebLinkAboutBy-law 4319/93 THE CORPORATION OF THE TOWN OF PICKERING ]~y-LAW NO. 4319/93 Being a by-law to authorize the execution of an agreement to amend the Development Agreement dated October 1, 1990, as amended May 19, 1992, between the Town and Canuck Green Holdings Limited respecting the development of a residential townhouse project on part of Lot 26, Range 3, Broken Front Concession, part of Block E, Plan M-17, and all of Block I, Plan M-17, Pickering) WHEREAS, pursuant to the predecessor of section 41 of the Planning Act, R.S.O. 1990, chapter P.13, The Corporation of the Town of Picketing and Canuck Green Holdings Limited entered into, (a) a Development Agreement dated October 1, 1990 (Notice of which was registered November 6, 1990 as Instrument No. LT525666), and (b) a Development Agreement Amending Agreement dated May 19, 1992 (Notice of which was registered June 9, 1992 as Instrument No. LT598251 ), respecting the development of Part Lot 26, Range 3, B.F.C., Part Block E, Plan M-17 and all of Block l, Plan M-17, Picketing; and WHEREAS that Development Agreement requires further amendment to reflect changes in the site planning of the project and to provide for the extension of the time limited for the completion of the project; NOW THEREFORE, the Council of The Corporation of the Town of Picketing HEREBY ENACTS AS FOLLOWS: 1. The Mayor and Clerk axe hereby aulhorized to execute a Development Agreemenl Amending Agreement, in the form attached hereto as Schedule A, amending further the Development Agreement dated October 1, 1990 between Canuck Green Holdings Limited and The Corporation of the Town of Picketing (Notice of which was registered on November 6, 1990 as Instrument No. LT525666), respecting the development of a residential townhouse project on part of Lot 26, Range 3, Broken Front Concession, part of Block E, Plan M-17, and all of Block I, Plan M-17, Picketing. BY-LAW read a first, second and third time and f'mally passed this 4th day of October, 1993. Brace Taylor, Clerk TOWN OF PICKER!NG APPROVED AS TO FORM LEGAL DEP%