HomeMy WebLinkAboutAdmin-6-96THE CORPORATION OF THE MUNICIPALITY OF CLARINGTON
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Meeting: COUNCIL
March 25 1996
Date:
Report #:
Subject:
REPORT
ADMIN. 6-96
File #:
Clarington Place Limited
Purchase of lands from the Municipality of Clarington
Recommendations:
File # to
Res. #
By -Law #
It is respectfully recommended that Council approve the following:
1. THAT Report ADMIN. 6-96 be received;
REPORT #2
2. THAT, subject to written concurrence of Clarington Place Limited to an
extension of the closing date being received by the Municipality prior to
March 31, 1996, the closing date of the Agreement of Purchase and Sale
between the Municipality and Clarington Place Limited which was authorized
by Council's approval of Report PD -58-95, be extended to April 30, 1996,
with the other terms and conditions of the Agreement remaining the same;
and
3. THAT Clarington Place Limited be advised of Council's decision.
REPORT:
We are enclosing herewith a letter from the Municipal Solicitor in connection
with the Agreement pertaining to Clarington Place Limited and the Municipality
of Clarington, which we believe you will find self-explanatory.
We would recommend that Council approve the following resolution:
THAT, subject to written concurrence of Clarington Place Limited to an
extension of the closing date being received by Municipality prior to
March 31, 1996, the closing date of the Agreement of Purchase and Sale
between the Municipality and Clarington Place Limited which was authorized
by Council's approval of Report PD -58-95, be extended to April 30, 1996,
with the other terms and conditions of the Agreement remaining the same.
Respectfully submitted,
W. H. Stockwell,
Chief Administrative Officer
WHS : not
enc.
RECYCLED PAPIER.
. PAPER RECYCLE
��
DENNIS C. HEFFERON
BARRISTER & SOLICITOR
March 20 1996
Mr. W. H. Stockwell
Chief Administrative Officer
Municipality of Clarington
40 Temperance Street
Bowmanville, Ontario L1C 3A6
Dear Mr. Stockwell:
Re: Clarington Place Limited
Purchase of lands from the Municipality of Clarington
Your file L 0 7. CL
Telephone (416) 363-2443
Facsimile (416) 363-2448
Suite
2600
130 Adelaide
Street West
TORONTO,
ONTARIO
M5H
3P5
TDX Box 119
At the meeting of Council on December 11 1995, the closing date for the above
transaction was extended to March 31, 1996. At that time, the Ontario Municipal
Boards's Order implementing Official Plan Amendment 56, applicable to the
Bowmanville West Main Central Area by enacting By -Law #94-16 applicable to
Clarington Place Limited' s land holdings on Highway #2 had not been issued. The
Board's Order was issued on February 23, 1996. Since that time, two other
Agreements have been prepared and currently are being settled with Clarington
Place Limited's solicitor, Mr. Ronald Worboy. These are an amendment to the
Servicing Agreement between the Municipality and Clarington Place Limited dated
May 24, 1994 and a Development Agreement.
I hope that these Agreements will be executed by the parties and the necessary
securities deposited with the Municipality within the next three weeks. However,
it would be prudent to ask Council at its next meeting to authorize the extension
of the closing date of the above transaction to April 30, 1996.
I recommend that Council be asked to pass the following resolution at its next
meeting:
THAT, subject to written concurrence of Clarington Place Limited to an
extension of the closing date being received by Municipality prior to
March 31, 1996, the closing date of the Agreement of Purchase and Sale
between the Municipality and Clarington Place Limited which was authorized
by Council's approval of Report PD -58-95, be extended to April 30, 1996,
with the other terms and conditions of the Agreement remaining the same.
YIni
truly,
D C. Heff n