HomeMy WebLinkAbout02 114 agree thompson sign
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THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE
BY-LAW
NO. 2002 -114
BEING A BYLAW TO AUTHORIZE THE SIGNINiG OF AN
AGREEMENT WITH
KEN THOMPSON FOR THE PROVISION OF BILLBOARD SPACE
WHEREAS the Council for The Corporation of the Municipality of Kincardine
deems it advisable to enter into a Agreement with Ken Thompson for the
provision of billboard space for a sign promoting the Municipality;
NOW THEREFORE the Council for The Corporation of the Municipality of
Kincardine ENACTS as follows:
1. The Corporation of the Municipality of Kincardine enter into an Agreement
with Ken Thompson for the provision of billboard space for a sign,
promoting the Municipality, on Thompson's property located in the
Township of Huron-Kinloss, and more commonly known as Lot 35,
Concession 5 (former Township of Huron) for a five year term computed
from the 1st day of July 2001 and thenceforth ensuing to be fully completed
and ended on the 30tft day of June 2006.
2. The Mayor and Clerk be authorized to sign, on behalf of The Corporation
of the Municipality of Kincardine the Agreement with Ken Thompson
attached to this by-law and to affix thereto the corporate seal as and when
required.
3.
That this By-law shall come into full force and effect upon its final
passage.
4. This By-law may be cited as the "Thompson Sign Agreement, By-law".
READ a FIRST, SECOND and THIRD time AND DEEMED TO BE PASSED this
7th day of August, 2002.
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Clerk -
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This AGREEMENT made this ,'rI-- day of ell h~" ~\.,.. ,2002.
BETWEEN:
THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE
Hereinafter called the "Municipality"
of the First Part,
-and-
Ken Thompson
Hereinafter called the "Thompson"
of the Second Part.
WHEREAS the Municipality wishes to advertise its presence using field signage;
AND WHEREAS Thompson is willing to provide billboard space for a sign promoting
the Municipality:
NOW THEREFORE THIS AGREEMENT WITNESSETH THAT in consideration of the
premises and mutual promises and covenants hereinafter contained, the parties hereby
agree as follows:
1. The Municipality shall make use of a billboard type sign located on Thompson's
property located in the Township of Huron-Kinloss, and more commonly known as
Lot 35, Concession 5 (former Township of Huron).
2. The Municipality agrees to a five year term computed from the 1st da~ of July, 2001
and thenceforth ensuing to be fully completed and ended on the 30 day of June,
2006. The Municipality agrees to pay $500.00 per year plus G.S.T. Payment of
$1,000.00 plus G.S.T. to be paid during September, 2002; further payments of
$500.00 plus G.S.T. due on the 1st day of July, for the years: 2003, 2004, and 2005.
3. This Contract may be terminated within 90 days written notice by either party.
4. Thompson shall not obstruct the visibility of the sign.
5. Thompson shall maintain the area surrounding the sigh.
6. The Municipality shall be responsible for the sign's maintenance, upkeep, and
M.T.a. permit(s), if required.
7. This Agreement shall ensure to the benefit of and be binding on the respective
heirs, executors, administrators, successors and assigns of the parties hereto.
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Thompson Agreement
Page 2 of 2
IN WITNESS WHEREOF the Municipality has hereto affixed its corporate seal attested
by the hands of its mayor and clerk this ì'" day of G l>~t ,,~v ,2002 and
Ken Thompson has hereunto set his hand this 6th day 0 August ,2002.
SIGNED, SEALED AND DELIVERED
in the presence of
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en Thorf!pson' / Date
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Rosaline Graham, Clerk
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