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HomeMy WebLinkAboutBy-law 2459/87THE CORPORATION OF THE TOWN OF PICKERING BY-LAW NO.2459 /87 Being a by-law to authorize the execution of a Release of a Development Agreement respecting Lot 89, Plan 350, Picketing (Harvey Adelman, in trust). WHEREAS it is necessary to remove from title a Development Agreement between the Town and Harvey Adelman, in trust, dated June 7, 1982 and registered November 1, 1982 as Instrument No. LT156130; NOW THEREFORE, the Council of The Corporation of the Town of Pickering HEREBY ENACTS AS FOLLOWS: The Mayor and Clerk are hereby authorized to execute a Release in the form attached hereto as Schedule A, of a Development Agreement dated June 7, 1982 and registered November 1, 1982 as Instrument No. LT156130 respecting Lot 89, Plan 350, Picketing (Harvey Adelman, in trust). BY-LAW read a first, second and third time and finally passed this 4th day of May, 1987.  ~E'. Anders'o~, Mayor /Bruce Taylor, Cl~r~ :~ICKER~I'~, ,I APPROVED i RELEASE In consideration of the sum of Two Dollars ($2.00) paid to it, receipt of which is hereby by it acknowledged, THE CORPORATION OF THE TOWN OF PICKERING hereby releases and forever discharges HARVEY ADELMAN, in trust his 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 June 7, 198Z and registered as Instrument No. LT156130 on November 1, 1982, between THE CORPORATION OF THE TOWN OF PICKERING and HARVEY ADELMAN, in trust respecting Lot 89, Plan 350, Pickering. IN WITNESS WHEREOF The Corporation of the Town of Pickering has hereunto affixed its corporate seal attested by its properly authorized officers this 4th day of May, 1987. SIGNED, SEALED & DELIVERED THE CORPORATION OF THE TOWN OF PICKERING / ~nE. Ander son ,~Z/Mayor Bruce Taylor, Clerk THIS AGREEMENT made in triplicate this 7th day of June, 1982. BETWEEN : THE CORPORATION OF THE TOWN OF PICKERING hereinafter called the "Town" OF THE FIRST PART, - and - HARVEY ADELMAN, IN TRUST hereinafter called the "Owner" OF THE SECOND PART. WHEREAS the Owner is the owner in fee simple of Lot 89, Plan 350, Pick- ering and wishes to develop that lot for certain residential purposes; and WHEREAS the existing provisions of the Town's Fairport Community Rose- bank Neighbourhood Development Plan suggest that that lot should be used for road purposes and not for residential development; and WHEREAS the Owner and the Town have agreed that the development of that lot for residential purposes should be permitted subject to certain terms and conditions; NOW THEREFORE, THIS AGREEMENT WITNESSETH THAT, in consideration of the mutual covenants herein contained, and the sum of Two Dollars ($2.00) now paid by each Party to the other, receipt of which by each is hereby acknowledged, the Parties hereto agree as follows: The lands affected by this Agreement are those lands more partic- ularly described as follows: ALL AND SINGULAR that certain parcel or tract of land and premises situate, lying and being in the Town of Pickering, in the Regional Municipality of Durham and Province of Ontario, and being composed of all of Lot 89, according to a plan registered in the Registry office for the Registry Division of Durham (No. 40) as Plan 350. within ninety (90) days of the date of this Agreement, the Owner shall convey to the Town, free and clear of all encumbrances and at no cost whatsoever to the Town, that part of Lot 89, Plan 350, Pickering, designated as Part ~ on Plan 40R-7~, comprising the - 2 - westerly 30.48 metres of that lot, for the purpose of constructing thereon a portion of the northerly turning circle for a future north/south cul-de-sac public roadway, the exact location of which is yet to be determined. Within ninety (90) days of the date upon which the Town determines the exact location of the northerly turning circle for the above- mentioned north/south cul-de-sac public roadway, the Town shall reconvey to the Owner, free and clear of all encumbrances and at no cost to the Owner, that portion of Part ~ , Plan 40R-7~98, not required by the Town for such turning circle or any 0.3 metre reserves adjacent thereto, for the purpose of developing such re- conveyed portion for residential purposes. / The Town shall amend its Fairport Community Rosebank Neighbourhood Development Plan by deleting from the Rosebank Development Plan attached thereto, the proposed east/west roadway located on Lot 89, Plan 350, Pickering. 5. (1) The contents of Appendix "A" hereto illustrates the trans- actions referred to in sections 2 and 3, above, but does not form part of this Agreement. (2) The contents of Appendix "B" hereto illustrates the amendment referred to in section 4, above, but does not form part of this Agreement. 6. This Agreement, and everything contained herein, shall enure to the benefit of and be binding upon the Parties hereto, their respective heirs, executors, administrators, successors and assigns. IN WITNESS WHEREOF the Party of the First Part has hereunto affixed its corporate seal, duly attested by the hands of its proper authorized officers and the Party of the Second Part has hereunto affixed his hand and seal. SIGNED, SEALED & DELIVERED THE CORPORATION OF THE TOWN OF May6~ Ac.b n~ - PICKERING In the presence of TRUST , APPE, NDIX "A" N LANDS TO BE RECONVEYED TO OWNER 30, 8m .... ~-J I I 30.48m:\ I LOT 89 PLAN 350 LANDS TO BE CONVEYED TO TOWN LOT 89, PLAN 350, PICKERING NOT TO SCALE . _~PPEt,IDI× "B" :~osebank 3evelopment Plan / TO BE DELETED i i LEGITL [)EPJ~RT~,']EI~T FAIRPORT COMMUNITY ROSEBANK NEIGHBOURHOOD DEVELOPMENT PLAN - Rosebank Development Plan O~ OO O0 LEGEND [~ Special I~esk]n Precinct --- Neighbourhood Boundary -- Communil¥ ~ouf~d,qry ..... Municipal Bmmdar y Subject.properr) Town of Pickering Legal Department Harvey Adelman, in trust - Lot 89, Plan 350, Pickerin§