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HomeMy WebLinkAbout2015-059 The Corporation of the Municipality Of Clarington By-Law No. 2015-059 Being a By—law to authorize the execution of a tax arrears extension agreement pursuant to Section 378 of the Municipal Act, 2001. Whereas the Corporation of the Municipality of Clarington registered on the 17th day of July, 2014, a tax arrears certificate against the land described in Schedule "A" attached hereto and forming part of this By—law; And Whereas Section 378 of the Municipal Act, 2001 provides that after the registration of a tax arrears certificate and before the expiry of one (1) year following the date of the registration of the tax arrears certificate, a Municipality or Board may by By—law authorize an extension agreement with the owner of the land, the spouse of the owner, a mortgagee or a tenant in occupation of such land to extend the period of time in which the cancellation price in respect to the Owner's land is to be paid; And Whereas the statutory period within which such a By-law may be enacted has not elapsed; Now Therefore the Council of the Corporation of Municipality of Clarington enacts the following as a By—law: 1. That an agreement be entered into by the Corporation of the Municipality of Clarington with Bonita Antoinette Cunningham, the Owner(s)/Spouse/Mortgagee/Tenant of the land described in Schedule "A" to extend the time period in which the cancellation price payable on this land is to be paid on the terms and generally in the form of Schedule "B" attached to this By-law; 2. That the agreement be in substantially the same form and contain the same terms and conditions as set out in Schedule "B", a copy of which is attached hereto. 3 That the Director of Finance/Treasurer be and is hereby authorized and directed to enter into the agreement on behalf of the Corporation; 4. That this By—law shall come into force and take effect upon the final passing thereof. By-law passed on this 21 st day of September, 2015. , o jorian Fzr,s t e r 141 C. An e Greentree, Clerk By-law 2015VUL A By-law to Enter into an Extension Agreement Page 2 of 6 Schedule "A" To By-Law No. 2015-059 Description of the Land: Con 1 Pt Lot 22 i Confidential Schedule B to By-law 2015-059