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HomeMy WebLinkAboutKIN 92 005 Investment Severance THE CORPORATION OF THE TOWN OF KINCARDINE . BY-LAW BY-LAW NO. 1992-05 A BY-LAW TO AUTHORIZE THE SIGNING OF A SEVERENCE AGREEMENT WITH INVESTMENTS AMPLIFIED AND THE KINCARDINE PUBLIC UTILITIES COMMISSION WITH RESPECT TO BLOCK 'A', PLAN M-34, TOWN OF KINCARDINE, COUNTY OF BRUCE. WHEREAS the Council for The corporation Kincardine deems it advisable to enter agreement with Investments Amplified Limited Public utilities Commission; of the Town of into a severance and the Kincardine NOW THEREFORE the Council for The Corporation of the Town of Kincardine ENACTS as follows: 1. That The Corporation of the Town of Kincardine enter into an agreement with Investments Amplified Limited and the Kincardine Public utilities Commission to sever Block "A", Plan M-34, in the Town of Kincardine, County of Bruce, into thirty-nine separate parcels. 2. That the mayor and clerk be authorized to sign, on behalf of The corporation of the Town of Kincardine, the agreement with Investments Amplified Limited and the Kincardine Public utilities Commission, which is attached to this by-law and to affix the Town's corporate seal as and when required. 3. This by-law shall come into full force and effect upon its final passage. 4. This by-law may be cited as the "Investments Amplified Severance Agreement By-law". READ a FIRST and SECOND time this 19th day of December, 1991. READ a THIRD time and FINALLY PASSED this 16th day of January, 1992. . ~ /~ ~/ /~~ £