BYLAW - Reconveyance of an Easement - 19871209 - 295487BY-LAW NUMBER 2954-87
OF THE CORPORATION OF THE TOWN OF AURORA
BEING A BY-LAW to authorize the
reconveyance of an easement and
amendments to covenants running with the
lands that relate to ·Parcel 80-15,
Section W-1
WHEREAS the Council of The Corporation of the Town of Aurora deems it
expedient to:
(1) reconvey to the owner of Parcel 80-15, Section W-1 (formerly
Parcel 80-4, Section W-1), being part of Lot 80, Concession 1,
designated as Parts 1, 2, 3 and 4 on Plan 65R-8786, Town of Aurora
("the 1 ands"), the easement over Parts 2 and 3, Plan 65R-8786
reserved by the Town in its Transfer to Cochrane-Dunlop Limited
dated May 26, 1986 and registered as Instruments LT 295612 and
LT 295613; and
(2) enter into an agreement with the owners of the lands to:
(a) amend the covenants contained in Schedule 1 A 1 on page 2 of
the said Transfer/Deed and expressed to be running with and
binding the said lands relating to sanitary sewer capacity to
permit buildings or structures to be erected upon the said
lands requiring a sanitary sewer capacity of up to 3,800
gallons per acre per day; and
(b) declare that the Town no longer has any option to repurchase
the said lands pursuant to paragraph 1 on page 5 of the said
Transfer No. LT 295612 and LT 295613 for failing to
complete the construction prior to April 1, 1988 of a
building for industrial use containing at least 100,000
square feet of building area.
NOW THEREFORE the Municipal Council of The Corporation of the Town of
Aurora enacts the following:
1. That the easement over Parts 2 and 3 on Plan 65R-8786, described
in Instruments LT 295612 and LT 295613, be reconveyed by way
of a release and abandonment of the said easement to the owner of
the lands;
2. That the Town enter into an agreement with the owners of the lands;
(a) amending the sewage covenant contained in Instrument Nos.
LT 295612 and LT 295613 to permit buildings or structures
to be erected upon the lands requiring a sanitary sewer
capacity of up to 3,800 gallons per day; and
(b) releasing and abandoning the option to repurchase the lands
which the Town has under paragraph 1 on page 5 of Instrument
Nos. LT 295612 and LT 295613.
t'
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3. That the prov1s1ons of this By-law shall come into force and be
effective on the date of registration of a transfer of the lands
to Maclean Hunter Limited or on January 1, 1988, whichever is
the earlier.
READ A FIRST AND SECOND TIME THIS 9~v OF , 1987.
READ A THIRD AND FINAL TIME AND PASSED THIS~AY OF~, 1987.
MAYOR