HomeMy WebLinkAboutKIN 73 3002 Purchase of Land
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THE OGBPORATION OF THE TOWN OF KINC INE
HY~LAW HO. 3002
A By-law concerting the purchase of he
lands described in ScheduJ.e "A".
WHEDASthØ Town of Kincardine is buying th said. lands for
$6',OOO.QO.
AND WHEREAS part of the purchase price is t be ac~ounted
for by the giving of a promissory note.
HOW THEREFORE the Council of the Corporatio of ,the Town
of Kincardine enacts as follows:'
.
1. As part of the purchase price of the sa d lands, the
Oorporation of the Town of Kinc~rdine s 11 deliver
to Huron Rid.ge Limited a promissory not for $53,000.00
without'interest and paya~le on the 31s à4yof
January, 1974.
2. The Mayor and. Treasurer on behalf of th CorporatiGn
of the Town of Kincardine are authorize to sign a
promissory note to that effect and to a fix the seal
of theCGrporation thereto.
3. This by-law is effective from the final passing
thereof.
READ a first and, second time this
1973. .
READ a third time and finally passed this
of October, 1973.,
Itth
day of October,
40th
day
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SCHEDULE "A".
ALL and Singular 1;.ha1o certain parcel or tract
,
premises, situate, lyj,ng and being in the Town
;I.n the County of Bruce and Province of Ontario
composed of
FI1lSTLY, Lots Humber Eight (8), Nine (9), Ten ( 0) and'+
Eleven (11) on the East side of..H¥!,on-Terrace reet 1n the
Town of Kincardine, according to Plan 61 for t, said. Town
of Kincardine but subject to the existTing eas nt in favour
of Ontario Water ResourQ.eS OOllllllission;
land. and
r lCincard::!.nfi1,
d.being
.
SBOOHDLY, Lot Number One, a subdivision of Lot
Thirteen on the east side of Huron Terrace Str
Town of Kincardine, all as shown on Plan 61 fo
Town of KÙ)Card;l.ne;
'l'HIRDLY, the portion of Lot Humber Two, a Bubd'
Lots Thirteen, Fourteen and Fifteen on the eas
Huron Terrace Street in the Town of Kincardine,
of.the bOundary be1;ween original Lots NumbWrs
Fourteen on the east side of Huron Terrace Str
said-Town of Kinca1'dþ.e". all shown on Plan 61
Town Q:f,KincarcUne¡.
he Huron
. lying
d the west
By-law No.
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li'OURTHLY, all the right, title and int;.erest of
Ridge Limited in that portion of Russell Strée
between the east side of Huron T~ce Street
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s:tde of'the Penet&n¡øre River, all accordingt
, '
949 of the Town of Kincardine regist;.ered in th Registry
Office for the Regi$try Division of the County of Bruce on
May 18th, 1927 as No. 9900.
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