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HomeMy WebLinkAbout2007-087 THE CORPORATION OF THE MUNICIPALITY OF CLARINGTON BY-LAW NO. 2007-087 being a By-law to authorize the Mayor and the Municipal Clerk on behalf of the Municipality of Clarington to execute partial releases of and any necessary acknowledgements and directions respecting certain agreements and a release of the obligations of Halloway Holdings Limited respecting a portion of Uptown Avenue as it was planned to be extended westerly from Clarington Boulevard WHEREAS at its Special Meeting on April 23, 2007, Council of the Municipality of Clarington approved Report #PSD-48-07 and the recommendations contained therein; AND WHEREAS this By-law is passed to implement the provisions of paragraph 8 of the Principles of Understanding between the Municipality of Clarington and Halloway Holdings Limited dated March 1, 2006. NOW THEREFORE the Council of The Corporation of the Municipality of Clarington hereby enacts as follows: 1. THAT the Municipality of Clarington hereby releases Halloway Holdings Limited from its obligations to dedicate land to the Municipality for and to construct at its cost the extension of Uptown Avenue westerly from Clarington Boulevard pursuant to the Servicing Agreement between the Municipality and Willsonia Industries Limited and Clarington Place Limited dated May 23, 1994, as amended by the First Amending Agreement between the Municipality, Clarington Place Limited and Willsonia Industries Limited dated April 30, 1996, and as further amended by the Second Amending Agreement between the Municipality, Halloway Holdings Limited dated June 13, 2003. 2. THAT the Mayor and the Municipal Clerk, on behalf of the Municipality of Clarington, are authorized to execute a further partial release of the Agreements referred to in section 1 if required by Halloway Holdings Limited or Home Depot Holdings Inc. 3. THAT the Mayor and the Municipal Clerk on behalf of the Municipality of Clarington are hereby authorized to execute partial release of Instrument No. D472409 as amended by Instrument Nos. D540060 and L T970915, and Instrument No. DR228472 as each may have been further amended, as they apply to the lands more particularly described in Schedule 1 attached to and forming part of this By-law. 4. THAT the Mayor and the Municipal Clerk on behalf of the Municipality of Clarington are also authorized to execute any necessary acknowledgement and direction such that the partial releases referred to in sections 1 and 3 of this By-law may be registered on title to the lands referred to in Schedule 1 hereto. By-Law read a first time this 23,d day of April 2007. By-Law read a second time this 23,d day of April 2007. By-Law read a third time and finally passed this 23,d day of April 2007. Schedule 1 Firstly: Part of Lot 16 Concession 1 in the Regional Municipality of Durham (formerly Geographic Township of Clarington), designated as Part 1 on Plan 40R-24257, being the whole of PIN 26613-0106 Secondly: Part of Lot 16 Concession 1 in the Regional Municipality of Durham (formerly Geographic Township of Clarington), designated as Parts 2, 3 and 4 on Plan 40R-24257, being Part of PIN 26613-0103 Thirdly: Part of Lot 16 Concession 1 in the Regional Municipality of Durham (formerly Geographic Township of Clarington), designated as Parts 10 and 11 on Plan 40R-24257, being Part of PIN 26613-0107 Fourthly: Part of Lot 16 Concession 1 in the Regional Municipality of Durham (formerly Geographic Township of Clarington), designated as Part 12 on Plan 40R-24257, being Part of PIN 26613-0035 Fifthly: Part of Lot 16 Concession 1 in the Regional Municipality of Durham (formerly Geographic Township of Clarington), designated as Parts 15 and 16 on Plan 40R-24257, being Part of PIN 26613-0034 Sixthly: Part of Lot 16 Concession 1 in the Regional Municipality of Durham (formerly Geographic Township of Clarington), designated as Parts 19, 20 and 21 on Plan 40R-24257, being Part of PIN 26613-0033