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HomeMy WebLinkAboutBRU 87 030 release with Bi-Ax THE CORPORATION OF THE TOWNSHIP OF BRUCE BY-LAW NO. 87-30 BEING A BY-LAW to enter into an agreement. WHEREAS the Planning Act 1983, Chapter 1, Section 6, authorizes that a ftunicipality may enter into subdivision purposes. 50, Subsection agreements :for NOW THEREFORE the Council o:f The Corporation o:f the Township o:f Bruce enacts as :follows: (1) That the Head o:f Council and Clerk be and are hereby authorized to sign a Certi:ficate and Release in respect to the lands purchased by BI-AX International :from Boiler Beach Park Li8ited, pursuant to Schedule "A" :forming part o:f this by-law. (2) This by-law shall be e:f:fective on the date o:f third and :final reading thereo:f. By-law introduced and read a First time this SECOND day o:f JULY, 1987. By-law read a Second time this SECOND day o:f JULY, 1987. By-law read a Third ti8e and :finally passed, signed, sealed and numbered 87-30 this SECOND day o:f JULY, 1987. ~ ¡~m~ REEVEI' -. SEAL .~ ~ ',- / _..- "..----., --. THE CORPORATION OF THE TOWNSHIP OF BRUCE PAGE 2 - SCHEDULE "A" BY-LAW NO.: 87-30 SCHEDULE "A- CERTIFICATE AND RELEASE KNOW ALL "EN BY THESE PRESENTS that The Corporation o:f the Township o:f Bruce hereby certi:fies that all payments, covenants, obligations and agre..ent. contained in certain agreements between The Corporation o:f the Township o:f Bruce and Boiler Beach Park Limited, inso:faras the lands described in Schedule "A" hereto, have been made and per:formed at the date hereo:f and The Corporation o:f the Township o:f Bruce does hereby remise, release and :forever discharge the owner, its successors and assigns, and the said lands o:f and :from all manner o:f actions, causes o:f action, debt., dues, accounts, bonds, covenants, contracts, claims, and demands whatsoever which against the said owner, The Corporation o:f the Township o:f Bruce, had, now has, or which its successors and assigns or any o:f them hereina:fter can, shall or may have :for or by reason o:f Agreement dated the 28th day o:f April, 1987, and notice o:f which was registered in the Land Registry O:f:fice, Land Titles Division o:f Bruce (No.3) as number 16633. Provided that this release shall not discharge the obligations contained in Sections 4, 18, 19, 25, and 38 o:f the said Agreement. IN WITNESS WHEREOF The Corporation o:f the Township o:f Bruce has hereunto a:f:fixed its corporate seal attested by the hands o:f its duly authorized o:f:ficers in that behal:f. THE CORPORATION OF THE TOWNSHIP OF BRUCE Per: Reeve . Clerk -e THE CORPORATION OF THE TOWNSHIP OF BRUCE PAGE 3 BY-LAW NO. 87-30 SCHEDULE -.- Part o:f Lot 1, Plan 3R-4077, in Plan 3"-113, the Township designated as Part 1 on Re:ference o:f Bruce, in the County o:f Bruce.