4167 To enter into an agreement with Performance Communites Realty IncTHE CORPORATION OF THE TOWN OF TILLSONBURG
BY-LAW NUMBER 4167
BEING A BY-LAW to enter into an agreement with Performance Communities Realty Inc.,
for the provision of allowing the front-end Developer to recover the costs associated with
the installation of an oversized storm sewer main on Dereham Drive.
WHEREAS The Town of Tillsonburg is desirous of entering into an agreement with
Performance Communities Realty Inc. for the provision of reimbursing the Developer
118,882.75 (plus HST) for the installation of an oversized storm sewer main on Dereham Drive
from the benefitting land owners.
NOW THEREFORE THE MUNICIPAL COUNCIL OF THE CORPORATION OF THE TOWN OF
TILLSONBURG ENACTS AS FOLLOWS:
1. THAT the agreement attached hereto forms part of this by-law.
2. THAT the Mayor and Town Clerk are hereby authorized to execute the attached Front -End
Agreement between Performance Communities Realty Inc. and the Corporation of the
Town of Tillsonburg.
3. AND THAT this By-law shall come into full force and effect on the day of its passing.
READ A FIRST AND SECOND TIME THIS 22ND DAY OF JANUARY, 2018.
READ A THIRD AND NAL TIME AND PASSED THIS 22ND DAY OF JANUARY, 2018.
C
ayor — Stephen Molnar
Town Clerk — Donna Wilson