HomeMy WebLinkAbout98-46 THE CORPORATION OF THE MUNICIPALITY OF CLARINGTON
BY-LAW NUMBER 98-46
being a By-law to authorize the Release of an Agreement with 812716 Ontario Limited
and the Corporation of the former Town of Newcastle, now the Municipality of Clarington,
for the development of Plan of Subdivision 40M-1740.
The Council of 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 Corporation's seal,
an Agreement between 812716 Ontario Limited and the said Corporation.
2. THAT the Mayor and Clerk are hereby authorized to accept, on behalf of the
Municipality, the said conveyances of lands required pursuant to the aforesaid
Agreement.
BY-LAW read a first time this 9th day of March 1998•
BY-LAW read a second time this 9th day of March 1998.
BY-LAW read a third time and finally passed this 9th day of March 1998.
MAYOR
`..
CLERK
RELEASE
THIS INDENTURE made (in triplicate) this day of 1998.
BETWEEN:
THE CORPORATION OF THE MUNICIPALITY OF CLARINGTON
hereinafter called the "Corporation"
OF THE FIRST PART
- and -
812716 ONTARIO LIMITED
hereinafter called the "Owner"
OF THE SECOND PART
WHEREAS the Owner entered into a Subdivision Agreement with the Corporation
registered in the Registry Office for the Land Titles Division of Newcastle (No. 10) on the
22nd day of September 1993, as Instrument No. LT654120 which Subdivision Agreement
affects the lands more particularly described in Schedule "A" attached hereto;
AND WHEREAS the Owner has satisfied all the terms and conditions contained in the said
Subdivision Agreement with respect to the property described in Schedule "A';
AND WHEREAS the Corporation has agreement to release the Owner from the above
referred to Subdivision Agreement as same affects the lands described in Schedule "A"
attached hereto;
NOW THEREFORE in consideration of the sum of TWO
($2.00) dollars
now paid by the Owner to the Corporation, the receipt of which is hereby acknowledged the
Corporation does hereby release and forever discharge the Owner, their successors and
assigns, all of the property described in Schedule "A" attached hereto from the burden of
the hereinbefore recited Subdivision Agreement as set out in Instrument No. LT654120,
with the exception of the Owner's responsibility for drainage as provided therein and the
Owner's acceptance of the conditions for applying for building permits as provided therein.
IN WITNESS WHEREOF the Corporation has hereunto affixed its corporate seal duly
attested to by the signatures of its proper officers duly authorized in that behalf.
THE CORPORATION OF THE
MUNICIPALITY OF CLARINGTON
MAYOR
CLERK
DESCRIPTION
SCHEDULE "A"
ALL AND SINGULAR that certain parcel or tract of land and premises situate, lying and
being in the Municipality of Clarington, in the Regional Municipality of Durham and
Province of Ontario, and being composed of Parcels
Plan 40M-1740