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HomeMy WebLinkAbout94-119 REPEALED BY Cf5 -/')< BY-LAW #..;.....,;6... THE CORPORATION OF THE MUNICIPALITY OF CLARINGTON BY-LAW 94-119 being a By-law to authorize the execution of an Indemnity Agreement between the Municipality of Clar ington under which Schickedanz Bros . Limited agrees to Indemnify the Municipality of Clarington in respect of the collection and/ or payment to Schickedanz Bros. Limited of Contributions received from benefiting developers WHEREAS the Council of The Corporation of the Municipality of Clarington approved the recommendations contained in Report WD-44-94 for the execution of agreements between the Corporation of the Municipality of Clarington and Schickedanz Bros. Limited; NOW THEREFORE the Corporation of the Municipality of Clarington hereby enacts as follows: 1. THAT the Mayor and Clerk are hereby authorized to execute, on behalf of the Corporation of the Municipality of Clarington, and seal with the Corporate Seal, an Indemnity Agreement between the Municipality of Clarington under which Schickedanz Bros. Limited agrees to Indemnify the Municipality of Clarington in respect of the collection and/or payment to Schickedanz Bros. Limi ted of Contributions received from benefiting developers representing the lands described in attachment No. 5 to Report WD-44-04 and to accept payment of each contribution in full satisfaction of the Municipality's obligations under Paragraph 5.27 of Attachment *4 to Report WD-44-94 and Schedule "P" of the Subdivision Agreement with Schickedanz Bros. Limited dated July 18, 1989; 2 . THAT this agreement attached hereto as schedule "A" form part of this By-law. By-law read a first and second time this 18th day of July, 1994. By-law read a third time and finally passed this 18th day of July, 1994. .~/P) Mayor '...... Agreement ATTACHED TO BY- LAW 94 - 119 NOT AVAILABLE