HomeMy WebLinkAbout24 008 199 Lambton Street Agreement of Purchase and Sale By-lawTHE CORPORATION OF THE MUNICIPALITY OF KINCARDINE
BY-LAW
NO. 2024 — 008
Being a By-law to Authorize an Agreement of Purchase and Sale
with Paul David Emmerton, 199 Lambton Street
Whereas sections 8 and 9 of the Municipal Act, 2001, S.O. 2001, c. 25, as
amended, provide that the powers of a municipality under this or any other Act shall
be interpreted broadly so as to confer broad authority on the municipality to enable
the municipality to govern its affairs as it considers appropriate and to enhance the
municipality's ability to respond to municipal issues and has the capacity, rights,
powers and privileges of a natural person for the purpose of exercising its authority
under this or any other Act; and
Whereas the Municipal Act, 2001, S.O. 2001, Chapter 25 authorizes Council to
enter into Agreements and dispose of land; and
Whereas The Corporation of the Municipality of Kincardine owns the property being
Part of Lot 1, North of Lambton Street, Townplot of Penetangore, designated as
Part 1 on Reference Plan 3R10818, abutting 199 Lambton Street, Municipality of
Kincardine, Part of PIN 33311-0125(LT); and
Whereas the Council of The Corporation of the Municipality of Kincardine is
desirous of selling certain land owned by the Corporation which has been declared
surplus to the needs of the Corporation by way of Resolution #05/08/23 - 17 dated
May 8th, 2023.
Whereas Council of the Municipality of Kincardine passed a Sale and Disposition
of Land Policy ADMIN.03 for The Corporation of the Municipality of Kincardine on
the 5th day of July, 2023; and this sale conforms to the Policy, and
Whereas The Corporation of the Municipality of Kincardine wishes to sell the
property; now therefore be it
Resolved that the Council of The Corporation of the Municipality of Kincardine
enacts as follows:
1. That the Council of the Corporation of the Municipality of Kincardine hereby
authorizes the sale of land described as Part of Lot 1, North of Lambton
Street, Townplot of Penetangore, designated as Part 1 on Reference Plan
3R10818, 199 Lambton Street, Municipality of Kincardine, Part of PIN
33311-0125(LT).
2. That the Council of The Corporation of the Municipality of Kincardine
authorizes the Agreement of Purchase and Sale with 874697 Ontario Ltd.
dated 24th day of November, 2023.
3. That the sale price for the said lands shall be $16,000.00 and shall be
allocated towards Affordable Housing Reserve Fund.
4. That Part 1 on Reference Plan 3R10818, merge in title with 199 Lambton
Street.
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199 Lambton Street Agreement of Purchase and Sale By-law
By-law No. 2024 — 008
5. That the Mayor and Clerk be authorized to sign and execute, on behalf of
The Corporation of the Municipality of Kincardine, the Agreement of
Purchase and Sale with Paul David Emmerton and all other documents to
be executed and delivered by The Corporation of the Municipality of
Kincardine in connection therewith, and any other documents as required to
fulfill the intent of this By-law.
6. That this By-law shall come into full force and effect upon its final passage.
7. That this By-law may be cited as the "199 Lambton Street Agreement of
Purchase and Sale By-law".
Read a First, Second and Third Time and Finally passed this 10t" day of January,
2024.
Kenneth Craig
Signed with ConsignO Cloud (2024/01 /12) •
Verify with verifio.com or Adobe Reader.
Mayor
Jennifer Lawrie
Signed with Cofio.co Cloud be Reader.
Verify with verifio.com or Adobe Reader.
Clerk