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HomeMy WebLinkAboutBy-law 3972/92 T~tE~Q_RPORATION OF T!IE~TOWN QF PICKERIN~ B~f-LAW NO. 3972/92 Being a by-law to authorize the execution ora Release of the Agreement respecting Lot 92, Plan 350, Pickering (nog' Plan 40M-1392, Picketing). WHEREAS, it is necessary to remove from title an Agreement between Parcival Developments Limited and the Town dated July 6, 1981 and registered September 2, 1991 as Instrument Nmnber LT133375; 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 in the form attached hereto as Schedule A, of an Agreement dated July 6, 1981, Notice of which was registered September 2, 1991 as Instrument No. LT133375, between Parcival Developments Limited and The Corporation of the Town of Picker'mg, respecting Lot 92, Plan 350, Picketing (now Plan 40M-1392, Picketing). 2. Schedule A hereto forms part of this By-law. BY-LAW read a first, second and third time and finally passed this 21 st day of April, 1992. aane ~or TOWN OF DICKERING APPROYED AS TO FORM LEGAL DEPT. RELE,a~_E_ In consideration of the sum of Two Dollars ($2.00) paid to it, receipt of which is hereby acknowledged, THE CORPORATION OF THE TOWN OF PICKER1NG hereby releases mid forever discharges PARCIVAL DEVELOPMENTS LIMITED its heirs, executors, administrators, 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 July 6, 1981 and registered as Instrument Number LT133375 on September 2, 1991, between THE CORPORATION OF THE TOWN OF PICKERING and PARCIVAL DEVELOPMENTS LIMITED concerning Lot 92, Plan 350, Pickering now comprising Lots 1-23, inclusive, Blocks 24 and 25, Dahlia Crescent and Maitland Drive, Plan 40M-1392, Picketing. IN WITNESS WHEREOF the Town has hereunto affixed its corporate seal, attested to by its properly authorized officers. SIGNED, SEALED AND DELIVERED THE CORPORATION OF THE TOWN OF PICKERING Wayne Arthurs, Mayor Brace Taylor, Clerk 16 ? The TownofPickering Lot 92, Plan 350, now Plan 40M-1392 LEGAL SERVICES DEPARTMENT Release of Agreement