HomeMy WebLinkAbout2007-090
THE CORPORATION OF THE MUNICIPALITY OF CLARINGTON
BY-LAW NO. 2007-090
being a By-law to authorize the execution of an Assumption
Agreement respecting the Stevens Road Extension Agreement
between the Municipality of Clarington, Halloway Holdings
Limited, Players Business Park Ltd. and West Diamond Properties
Inc. dated March 1, 2006
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 including the
recommendation that an Assumption Agreement be made between the Municipality, Home
Depot Holdings Inc. and Halloway Holdings Limited by which Home Depot assumes joint and
several liability to the Municipality under the Stevens Road Extension Agreement between the
Municipality, Halloway Holdings Limited, Players Business Park Ltd. and West Diamond
Properties Inc. dated March 1, 2006, as it applies by virtue of Home Depot Holdings Inc.'s
acquisition of the lands more particularly described in Schedule 1 hereto;
NOW THEREFORE the Council of The Corporation of the Municipality of Clarington hereby
enacts as follows:
1. THAT the Mayor and the Municipal Clerk on behalf of the Municipality of Clarington are
hereby authorized to execute the Assumption Agreement respecting the Stevens Road
Extension Agreement between the Municipality of Clarington, Halloway Holdings
Limited, Players Business Park Ltd. and West Diamond Properties Inc. dated March 1,
2006 as it applies by virtue of Home Depot Holdings Inc.'s acquisition of the lands more
particularly described in Schedule 1 attached to and forming part of this By-law, which
Assumption Agreement is attached to this By-law.
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"' day of April 2007.
JimA
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, Municipal Clerk
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