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HomeMy WebLinkAboutBy-law 3946/92 THE CORPORATION OF THE TOWN OF PICKERING BY-~A_.WNO. 3946/92 _ Being a by-law to authorize the execution of a Release and Discharge of the Subdivision Agreement respecting Plan 40M-1309, Pickering. WHEREAS, pursuant to the Planning Act R.S.O. 1990, Chap. P. 13, s.51, or a predecessor thereof, The Corporation of the Town of Picketing and Maylar Construction Limited entered into an Agreement dated July 4, 1983, Notice of which was registered on March 15, 1984 as Instrument No. LT198707, respecting the subdivision and development of Plan 40M-1309, 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 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 Agreement dated July 4, 1983, Notice of which was registered March 15, 1984 as Instrument No. LT198707, between Maylar Construction Limited and The Corporation of the Town of Picketing, respecting the subdivision and development of Plan 40M- 1309, Picketing. 2. Schedule A hereto forms part of this By-law. BY-LAW read a first, second and third time and finally passed this 23rd day of March, 1992. Wayne Arth~rs('(Vlayor ~ Bmce Tayl~~''~ TOWN OF PICKERtNG APPROVED AS TO FORM LEGAL L.3 [ RELEASE AND DIS~kR0~ WHEREAS the Agreement dated JuDy 4, 1993, Notice of which was registered March 15, 1984, in the Land Registry Office for the Land Titles Division of Durham (No. 40) as Instrument No. LT198707, between, MAYLAR CO_NSTRUCTION LIMITILD_ hereinafter referred to as the "Company" - and - THE CORPQ_RATION OF TIlE TOWI5[~ hereinafter referred to as the "Town", provided for the subdivision and development of lands affected hereby; and WHEREAS the terms and couditions 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 1-39, inclusive, Blocks 40-51, Plan 40M-1309, 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 Pickering, Ontario this 23rd day of March, 1992. THE CORPORATION OF THE TOWN OF PICKERING Wayne Axlhurs, Mayor BmceTaylor, Clerk TOwN PICKERING APPROVED AS TO FORM LEGAL DEPT.