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HomeMy WebLinkAbout95-113 THE CORPORATION OF THE MUNICIPALITY OF CLARINGTON BY-LAW 95-113 Being a By-law to authorize the execution of an Agreement with the Royal Bank of Canada, its general contractor and the Municipality of Clarington. 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 Agreement for the completion of works under the Ashdale Subdivision Agreement permitting the Municipality of Clarington to assume the rights of Royal Bank of Canada under its construction contract with the general contractor for the completion of the works under the Ashdale Subdivision Agreement should Royal Bank of Canada default in completing such works as described in Report WD-37-95 . 2 . THAT the Agreement attached hereto as Schedule "A" will form part of this By-law. By-law read a first and second time this 17th day of July, 1995 . By-law read a third time and finally passed this 17th day of July, 1995 . Mayor eputy erk Agreement ATTACHED TO BY- LAW 95 - 113 NOT AVAILABLE