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HomeMy WebLinkAboutBy-law 3341/89 THE CORPORATION OF THE TOWN OF PICKERING BY-LAW NO. 3341/89 Being a by-law to authorize the execution of a Release and Discharge of the Subdivision Agree- ment respecting Plan M-1025 Pickering. WHEREAS, pursuant to the Planning Act, 1983, S.O. 1983, c.1, s.50, or a predeces- sor thereof, The Corporation of the Township of Picketing and Rockport Holdings Limited and Eastcan Holdings Limited, carrying on business under the firm name and style of Brock Developments entered into an Agreement dated December 10, 1973, Notice of which was registered on April 16, 1975 as Instrument No. LTD2691, respect- ing the subdivision and development of Plan M-1025 Pickering; WHEREAS The Corporation of the Town of Pickering is the successor to The Corpo- ration of the Township of 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 Dis- charge, in the form attached hereto as Schedule A, of the Agreement dated December 10, 1973, Notice of which was registered April 16, 1975, as Instru- ment No. LTD2691, between Rockport Holdings Limited and Eastcan Holdings Limited, carrying on business under the firm name and style of Brock Develop- ments and The Corporation of the Township of Picketing, respecting the subdi- vision and development of Plan M-1025 Picketing. 2. Schedule A hereto forms part of this By-law. BY-LAW read a first, second and third time and finally passed this 18th day of Decem- ber, 1989. r~ice Taylor, Clerk RELEASE AND DISCHARGE WHEREAS the Agreement dated December 10, 1973, Notice of which was registered April 16, 1975 in the Land Registry Office for the Land Titles Division of Durham (No. 40) as Instrument No. LTD2691, between, Rockport ftoldings Limited and Eastcan Holdings Limited, carrying on business under the firm name and style of Brock Developments hereinafter referred to as the "Company" - and - THE CORPORATION OF THE TOWNSHIP OF PICKERING of which The Corporation of the Town of Pickerin~ is the successor 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 suc- cessors 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 1-133 inclusive, Blocks A-K inclusive, Jaywin Circle, Alwin Circle, Denmar Road, Plan M-1025 and all the units and common elements comprising Durham Condominium Plan No. 57, Town of Pickering, 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 18th day of December, 1989. THE CORPORATION OF THE TOWN OF PICKERING Wayne'/.~r(~rs, Mayor j / Biuce .Taylor,/~'Cle/'k