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Home My WebLink About04 022 land sale tarr e e e e THE CORPORATION OF THE MUNICIPALITY OF KINC INE BY-LAW NO. 2004 - 22 BEING A BY.LAW TO AUTHORIZE THE SAL OF LAND TO TERRENCE AUBREY RANDALL T R (Inverhuron, Lot 3-4, Victoria E-5) WHEREAS Section 268 of the Municipal Act, 2001, S.D. 2 01, c. 25, as amended, provides for procedures for the sale of lands decl red surplus by municipalities; AND WHEREAS the Municipality of Kincardine has declared as s rplus to its needs those lands described as Invernuron, Lot 3-4, Victoria E-S, Municipality of Kincardine (former Township of Bruce) in the County of Bruce; AND WHEREAS Terrence Aubrey Randall Tarr wishes to pur hase from the Municipality of Kincardine those lands described as Inverhuron, ot 3-4, Victoria E-S, Municipality of Kincardine (former Township of Bruce) in the County of Bruce, being more particularly described on the Agreement of Pur hase and Sale attached to this By-law as Schedule "A"; NOW THEREFORE the Council for The Corporation of the Municipality of Kincardine ENACTS as follows: 1. That the Mayor and CAD. be authorized to execute such documents, on behalf of The Corporation of the Municipality of Kincardin ,as they may deem advisable to convey the lands described on Sched Ie "A" attached hereto, to Terrence Aubrey Randall Tarr. The sale price for the said lands shall be twenty-three thousand four hundred dollars ($23,400.00). 2. 3. This transaction is subject to the conditions outlined in th Agreement of Purchase and Sale attached to this By-law as Schedule" '; and, that fifty per cent (50%) of the net proceeds from this sale be redited to the Kincardine Economic Development Fund; and fifty per ce t (50%) of the net proceeds from this sale be credited to the Municipali of Kincardine Capital Reserve Fund. .../2 e e e e Inverhuron, Lot 3-4, Victoria E-S, (Tarr) Land Sale BY-LfW By-Law No. 2004 - 22 I Page2of2 ! ! , , 4. This by-law shall come into full force and effect upon its finpl passage. 5. This By-law may be cited as the "Inverhuron, Lot 3-4, ViC~Oria E-S, (Tarr) Land Sale By-law". i ! READ a FIRST, SECOND and THIRD TIME and DEEMED TO Bf PASSED this 25th day of February, 2004. ~((, A- Mayor./" ~- CI rk 003 ..... v........ rAA ..,LlhHfQIlUIU .I/Io...~, ....... V 'ill ~ AJN~AKUJNH .' . " RIDLU IUN~INB 1;J0oz -'~ AGHI'DI1Z.~aL5f'u @) Ii .............. ., ...'rep'll!l~~~'1..I~~r.:z. ..,.. ,. ., -. .._fo~_ .. ... -. .. ............ .~II!1!cJ~~~~~~. " .. .., _" .. .... . .Itloo'-"-"" PIlCP/!IlrIi ...--....- .. .......~~.~~.~........... ...........~. ..~. ...Nul. ., ..J~.n.~~.,... - .'...,.... .." ..........,......... .~I~I~~1?f.~~.. ............ , 11M" '.. ......... .".......,. ~ .. . .. .. .. .. .. .. "" .. .. .. .. _........."'.~vr. ~ I...... .~' . . I .. .." ... lII.reDI"_artdr.valty~_ ........... ,~~'.~~~,~~~~T~jp.".Ii!"'/~~~'!\"!'f~.... ........... , .. .. 'e" .." .." ................ .;..;.~;'...."""""".~~""'"'''''' .... ~ ........ ~.. ."'').__.lfJ.. ............ .~~~t;I~~Wff!J"'D~D.. .... .DoIaosFONl .., ~O~.O. n. L- l ,.~. '11 .1il~~"1-1 ., .', -., .~~.~. .. ...... o.lIoro(CDN'.. . .. !Il!OII!.G. ., . I ,I .... .,41,tt"',.,.w.""r ...... - -. .~.~~.d,....."~,,~.......,, ."!.W!.._.-.dIlIII ...p1.llour -....-.m_fo__IMn:l...._.......... """"Iifoojh..__.. P"f.... -..ro.r-: .,,..10 PItY the IHII8nce of tile pure,.... ~ S&dlJect to edJUSlmerds. 1ft call tit by cerII1I'ed MeqYe. r on tile IlOfIIJIIIUDlI of Ws 1rWnucIIan. III candltIonll lift'" I:DCl pm F......1I'y 1" ~ upon tile sqyw obtaIn'n, at hili ..,.,.. ... approvels for 1he ~ of imp,."....1IIIfII for hi. uns ltIItI of IlII enll...ce from the .... failing which. tbill III shallllecam. ""n and wJcI 8IIcl tII8 sUyer's """ ult shalf .. I1ItImIed Co hfm In lUlL T1IIs conditiorJ Is In.'Ud for... benefit at Iha Buyer ....1NI1.. walVlld IIy blm ae his .... GpfIcm lIII/lMt tile lime pedocIaJ'ovwed. M\ · S~e- ~ It J1IIIln end ..__ by ... ,.,.. fIIat munlolJM/ ..., will b1I llVlInsb'. at 1IJe k.t Ii... Ilt 11 ..net .., ., ~~~ Is 8ubJect.. lIuftllllpal 8y.I.8w apfIf'IW;d. on or befont FeIlNaly 24(21104, ~ ,.,.I0Il, th's 1Ilflr-.....t nlln 8lUI YOId Mill !be Bupfa depaaIt elHlII be relum... 10 Ii'" in fun. Thill condition Is '"duded for of the Seller Ilftd m8y be watJI!CI1Iy tdIn lit hl& sola _Dr! WIthin the time period .nowed. . . -8. - .-.-' -- - .7____...;....~ ~':-.... ..tI~hwDfennfaI""'ofthll~ 1t'CII1Il1D Nane \,................. ................................... ~ ..'~ ~....... I.......... II...................................... .. .. .. ~ ....... ~ . .. .. .. .. .. .. .. . . .. .. .. .. .. .. .. .. .. .. .. .. ~ . .. .. .. .. .. .. .. .. .. . .. .. .. .. .. .. . .. .. .. .. .. .. .. .. .. .. .. .. .. . .. .. .. .. .. . .. .. .. 1lICI._. 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'... / ~'''/ / ./ '.. -'''~ ....,~-. I / j , v' , Steve MUJTaY Page 1 02/11/04 . 1. 2. 3. 4, 5. 6. . 7. 8. 9. 10. 11. 12, 13. . Municipality of Kincardine Surplus Lands Disposal Process Lot 3-4 Jordan Road Inverburon Roll # 41 08260 004 12002 January 2003 staff begins looking at potential properties for phase two of land sales. EDC members Jim Cameron and Councilor Barry Schmidt visit properties with staff. Valuations are completed by local real estate agent Sam Finnie in July, and title searches completed by Sam Farrell. EDC reviews the list of properties in August. Properties distributed to departments for comments to determine if they are surplus to the Municipalities needs. September council deems 7 properties surplus. OctoberlNovember properties are advertised in local papers as having been deemed surplus. November staff recommends not selling one property because it may be needed for future road expansion. A second property is on hold as it awaits Saugeen Valley Conservation Authority approval. At the December EDC meeting a random draw is held to determine which real estate agents will receive which properties, Agents begin to sign appropriate documentation to list properties. Agents lists subject property December 16th, 2003. For sale sign is placed on the property December 17th, 2003 and no offers will be signed back until after a 10 day period. Municipality signs agreement to sell February 9th, 2004.