HomeMy WebLinkAbout02 108 sale of land tatich
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THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE
R.
BY-LAW
NO. 2002 -108
BEING A BY-LAW TO AUTHORIZE THE
SALE OF LAND
TO BORO TATICH
WHEREAS Boro Tatich wishes to purchase from the Municipality of Kincardine
five residential building lots, former Village of Tiverton described as North side of
Elizabeth Street, Tiverton, Part 14, Part Lot 61, Plan 210, RP 3R 196, North Side
of Herbert Street, Tiverton, Part 21, Part Lot 59 King Street, Plan 210, RP 3R-
196, South side of Herbert Street, Tiverton, Part 26, Part Lot 59 King Street, Plan
210, RP 3R-196, West side Conquergood Street, Tiverton, Part 29, Part Lot 59
King Street, Plan 210, RP 3R-196, East side Conquergood Street, Tiverton, Part
46, Part Lot 59 King Street, Plan 210, RP 3R-196 Municipality of Kincardine, in
the County of Bruce;
NOW THEREFORE the Council for The Corporation of the Municipality of
Kincardine ENACTS as follows:
1. That the Mayor and CAO. be authorized to execute such documents, on
behalf of The Corporation of the Municipality of Kincardine, as may be
deemed advisable to convey the lands described on Schedule "A" attached
hereto, to Boro Tatich.
2. That the sale price for the said lands shall be forty thousand dollars
($44,000.00).
3. That the sale of these lands shall be subject to the conditions outlined in the
agreement of purchase of sale attached as schedule "A"; and, that fifty per
cent (50%) of the net proceeds from this sale be credited to the Kincardine
Economic Development Fund; and, fifty per cent (50%), of the net proceeds
from this sale be credited to the Municipality of Kincardine Capital Reserve
Fund.
4. That this by-law shall come into full force and effect upon its final passage.
5. That this By-law may be cited as the "Elizabeth, Herbert, Conquergood
Streets, Tiverto¡:1 (Tatich) Land Sale, By-law".
READ a FIRST, SECOND, and a THIRD time and DEEMED TO BE PASSED
this 7th day of August, 2002.
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OlttariO
_.,1 ~~te
A~1oD
Ontario Real Estate Association
AMENDMENT TO AGREEMENT
III
mwj.NI
BIIYI!vnNANT"
AND,
Boro Tatich
~LANDLORD',
íit A¡¡rèement of Purchase and Salel Agreement to lease between the Seller and Buyer, o><ocuted the,
, The Corporation oUhe Municipality of Kincardine,
27th
, day of
June
, "
2002
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_, concerning the property known os:_
See Schedule "A"
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as ~ particukJrly described in the aforementioned Agreement.
THE ~YÐ(S)/TENANT(s) AND SEUER(S)/lANDLORDIS HEREIN AGREE TO THE FOLLOWING AMENDMENTS TO THE AFOREMENTIONED AGREfMENT,
~I
Purohue Price: $40,000.00
Irrevocable Date:t June 28, 2002
Cl08lng Date: August 16, 2002
Reqlllsition Date: August 6, 2002
Final acceptance of this offer by the Seller Is conditional for a period of fourteen days from this acceptance upon
the .pproval of the Councii for the Corporation of the Municipality of Kincardine...
I_, J ~
_, rcihase Price: .'O,06ð.110 ~ I-J.I..j, 0 0 0 . . f (Ø
~1IIOC8ble Date: July 15, 2002
CI~ng Date: August 30, 2002
Reqlllsltlon Date: August 21, 2002
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Final acceptance of this offer by the Seller Is conditional until the 8th day of August, 2002, upon the approval of
the Çouncil for the Corporation of the Municipality of Kincardine...
For th,t purposes of this Amendment to Agreement, -Buyer" ¡ndudes Tenont, "Seller" includes landlord and "Agreement of Purchase and Sole" includes on
Ago~taLease.
Ttme ~ in all respects be of the essence hereof provided that the time for doing or completing of any molter provided for herein may be extended or
~ by an agreement in writing signed by SeUer and Buyer or by their respective solicitors who are hereby expressly appointed in 'this regard.
ALL OfHfR TERMS AND CONDITIONS IN THE AfOREMENTIONED AGREEMENT OF PURCHASE AND SALE TO REMAIN THE SAME.
~~~DANòDilÑERE1.i~m~.;.;,¡~ ' iN-"YrrÑ~';...h.;.,;¡?2th. . . . ~:;',;ha~d'a,;«(.èal~
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"." ,thi.", . 12th.", day of. ".,.,. .J/Ju!)' ...'(::~. .:,.:S.(,.~ 2...
IN WITNESS whereof I hove hereunto set my hand and seal: ,:y,_ _"'~ ...'" '"'. --31IiD)Ç:.
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The lhIersigned Spouse of the Seller hereby consents to the amelKlments hereinbefore set out.
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ACKNOWLEDGEMENT
I ocknow\edge receipt of my signed copy of this Amendment 10 Agl'Hment ond I
autholf- the Agent to foreward a copy to my solicitor.
I acknowledge rec$ipt of my signed copy of this Amendment to Agreement and I
authorize the Agent to forward a copy to my solicitor.
, DATE
¡.j -~~ iU-l;ofthe-MunldpelltyofÎ<Jncardlne .
, DATE
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~Soficitor,...
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Addrei!s. . . , , . . . . . , , . .
DATE,
6uyerfTenant)
Boro Tatich
.DAR
(BuyerfTenant)
Ad,.....
. , , Tel. No,( , L
Graham Mahood
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BU)'8I"sSolicitor
, . Tel. No.1. .I. . ,
Ted Wilson
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FAX No.
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Fonn No. 115 01101
RølMax IAIœ Lands &oily Ltd
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'<IV SCHEDULE "A' VARIOUS LOTS MUNICIPALITY OF KINCARDINE SALE DATED JUNE 24,
2002
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1. # 3, N.side Elizabeth Sl, Tiverton, part 14, pllot 61, plan 210, RP 3R 196, 1l0-feetX
82.5·feet, more or less
2. N. side ofHerbert Sl, Tiverton, part 21, pllot 59 King, plan 210, RP 3R-196, 75-feet
X 135-feet more or less
3. #2, S. side Herbert Sl, Tiverton, part 26, pllot 59 King, plan 210, RP 3R-196, 7S-feet
X 135-feet more or less
4. #15, W. side eonqurgood St., Tiverton, part 29, part lot 59 King Sl, plan 210, RP 3R-
196, 70-feet X 140-feet more orIess
5. #18, E. side Conquergood Sl, Tiverton, part 46, part lot 59 King Sl, plan 210, RP 3R·
196, 70-feetX 140-feetmoreorless