Source: https://www.newmarket.ca/LivingHere/Pages/Planning%20and%20development/Planning%20Applications/Current%20Applications/Clocktower%20Application/Ontario-Municipal-Board-Hearing---Clock-Tower-Application.aspx
Timestamp: 2019-06-18 19:58:25
Document Index: 698860640

Matched Legal Cases: ['art 3', 'arts 1', 'arts 2', 'art 4', 'arts 1', 'arts 1', 'art 4']

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Section 21 of the Minutes of Settlement referenced the completion of various tasks by the Town and MSC Inc. in order to resolve the OMB and Newmarket Superior Court matters. The Town is pleased to announce that those steps have now been completed. The various land exchanges contemplated under the Minutes of Settlement have been registered on title to the Town and MSC Inc. lands. The documents to be registered, exchanged and filed under the Minutes of Settlement are listed below with links to each document:
​Reference Plan 65R-37958 (“the Plan”), deposited on title to the Town and MSCI lands on July 25, 2018
​The land titles documents registered on August 7, 2018, which convey (i) Part 3 of the Plan from the Town to MSCI, (ii) Parts 1, 6 and 7 from MSCI to the Town and (iii) to the Town an easement over Parts 2 and 3 to access the Town-owned lands at Part 4. To allow those registrations to occur, also attached is the partial discharge of the mortgage of 889436 Alberta Ltd. against Parts 1, 6 and 7 also registered on title on August 7, 2018.
​The notice of abandonment of the Superior Court action, together with the signed versions of the consents for filing purposes. At the time of posting this update, these documents are being filed with the Superior Court office in Newmarket
​The letter dated May 18, 2018, from the Town’s treasurer to MSCI confirming placement of $100,000 into a reserve fund
​The land titles document registered August 7, 2018, conveying from the Town to MSCI an access easement to the rear of the MSCI lands via Parts 1, 5, 7, 8 and 12 of the Plan
​The notice of the option agreement for MSCI to obtain Part 4 of the Plan, as registered on title to the Town and MSCI lands on August 7, 2018
​The letter dated May 2, 2018, to the LPAT confirming that Heritage By-Law 2013-51 now applies to the MSC Inc. lands and confirming withdrawl of the appeals
The LPAT (formerly the OMB) has issued a Order rescinding its prior order issued on August 19, 2014 and confirming that the Lower Main Street South Heritage Conservation District By-law 2013-51 now applies to the Main St. Clock Inc. lands.
Letter from LPAT confirming withdrawal of the appeals
Order issued August 10, 2018
Prior Order issued August 19, 2014
In accordance with the Minutes of Settlement between the Town and Main Street Clock Inc. (“MSCI”), MSCI has recently applied for funding through the Community Improvement Plan (“CIP”) Incentive Program. MSCI has also begun some work on the buildings and has publicly announced its intention to put its properties up for sale. Legal and Procurement Services Report 2019-46 puts each of these developments into context and provides some more information about what exactly is contemplated for these properties.