By-law to Authorize a Subdivision Agreement (Mountaincroft)

BY-LAW Number: 
2016-027
Summary: 

BEING A BY-LAW TO AUTHORIZE THE EXECUTION OF A SUBDIVISION AGREEMENT FOR “MOUNTAINCROFT SUBDIVISION PHASES 4, 5 & 6” BETWEEN LOTCO II LIMITED, THE CORPORATION OF THE TOWN OF COLLINGWOOD AND ROYAL BANK OF CANADA


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BL2016-027 Mountaincroft Subdivision Agmt_Phases 4-6.pdf165.07 KB
 
WHEREAS Section 51(26) of the Planning Act, R.S.O. 1990, c. P.13, delegates authority to local municipal councils for matters within their jurisdiction to enter into agreements thereunder;
 
NOW THEREFORE THE COUNCIL OF THE CORPORATION OF THE TOWN OF COLLINGWOOD HEREBY ENACTS AS FOLLOWS:
 
1.    THAT the Mayor and Clerk be hereby authorized to execute a Subdivision Agreement for “Mountaincroft Subdivision Phases 4, 5 & 6” between Lotco II Limited, the Corporation of the Town of Collingwood and Royal Bank of Canada, attached hereto as Schedule “A”;
 
2.    THAT this by-law shall come into full force and effect on the date of final passage hereof at which time all by-laws that are inconsistent with the provisions of this by-law and the same are hereby amended insofar as it is necessary to give effect to the provisions of this by-law.
 
ENACTED AND PASSED this 25th day of April, 2016.
 
 
 
____________________________
                                                                                                MAYOR
 
 
                                                                                                ____________________________
                                                                                                CLERK
 
 
 
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BL2016-027 Mountaincroft Subdivision Agmt_Phases 4-6.pdf165.07 KB