Development of land in connection with highway improvements
59 Development of land in connection with highway improvements
In this section, development includes the erection, construction, alteration, or demolition of a building or work.
Where a corporation is satisfied that, for promotion of the public interest, it is desirable that certain development in connection with highway improvements should be carried out on land adjacent to, or in the vicinity of, land used or to be used as a local highway, or that that land should be used only for certain purposes, it may make arrangements for the carrying out of that development or for ensuring that the land is used for those purposes or not for other purposes.
For the purposes of this section, a corporation may acquire land and may enter into and carry out agreements with the owner of land with respect to the use or development of the land.
Without prejudice to the generality of the provisions of subsection (2), an agreement under this section may contain – such a covenant as is referred to in section 60; provisions for the dedication of land as a highway; and provisions for the grant of any such estates or interests as are referred to in section 61.
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