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HomeMy WebLinkAbout2002-120THE CORPORATION OF THE MUNICIPALITY OF CLARINGTON BY-LAW NO. 2002- 120 being a by-law to approve the exercise of an Option to Purchase of Part 1 on Plan 40R-13921 by the Municipality of Clarington WHEREAS at is meeting on June 24, 2002 Council approved the recommendations contained in Report #PSD-074-02 entitled "Option to purchase Future Detention Pond Site from Macourtice Developments Inc."; NOW THEREFORE the Council of The Corporation of the Municipality of Clarington enacts as follows: 1. THAT The Corporation of the Municipality of Clarington hereby approves the exercise of the Option to Purchase Part 1 on Plan 40R-13921 from Macourtice Developments Inc. in accordance with paragraph 2.16 of the Subdivision Agreement between the Municipality, Macourtice Developments Inc. and Canada Trustco Mortgage Company dated September 3, 1991 and registered in the Land Registry Office as Instrument No. NL34844. By-law read a first time this 24~" day of June 2002 By-law read a second time this 24~h day of June 2002 By-law read a third time and finally passed this 24"' day of June 2002 ~/1~(1 a _ ___ ,, John utton~Mayor _ = _'~ ~_ %_ - - - P,dtti arrie, nicipal Clerk