BEING A BY-LAW TO AUTHORIZE THE EXECUTION OF AN AMENDING SITE PLAN CONTROL AGREEMENT BETWEEN SILVER GLEN PRESERVE DEVELOPMENT CORPORATION, MERIDIAN CREDIT UNION AND THE CORPORATION OF THE TOWN OF COLLINGWOOD
WHEREAS Section 41 of the Planning Act, R.S.O. 1990, c. P.13, delegates authority to local municipal councils for matters within their jurisdiction for Site Plan Control Approval and to enter into agreements thereunder;
AND WHEREAS Silver Glen Preserve Development Corporation, Meridian Credit Unionand The Corporation of the Town of Collingwood (the Parties) entered into a Site Plan Control Agreement dated October 16, 2006 which was registered on title as Instrument No. SC498628 on November 16, 2006 over lands municipally known as 11745 Highway No. 26 West, Town of Collingwood, County of Simcoefor a 185-unit residential condominium townhouse development, one accessory private recreational facility, a stormwater management facility, and a sanitary sewer pumping station;
AND WHEREAS the Parties entered into an Amending Site Plan Control Agreement dated July 27th, 2009 which was registered on title as Instrument No. SC760106 on August 19th, 2009 to permit further phases of the condominium townhouse development and to modify the footprint and design of the proposed units;
AND WHEREAS the Parties entered into a second Amending Site Plan Control Agreement dated May 30th, 2016 (the “Second Amending Site Plan Control Agreement”) which was registered on title as Instrument No. SC1311264 on June 10th, 2016 to permit the construction of the remainder of the condominium development, Phases F and G, with modified footprints and designs;
AND WHEREAS the Parties have agreed to further amend the Site Plan Control Agreement;
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 aa Amending Site Plan Control Agreement for the development commonly known as Silver Creek Preserve, located on land municipally addressed as 11745 Highway 26 West, Collingwood betweenSilver Glen Preserve Development Corporation, Meridian Credit Unionand The Corporation of the Town of Collingwood, affixed 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 26th day of September, 2016.