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HomeMy WebLinkAboutKIN 98 027 Sign Paymnt-Thompson '. · ~ · · THE CORPORATION OF THE TOWN OF KINCARDINE BY-LAW BY-LAW NUMBER 1998 - 27 OF THE CORPORATION OF THE TOWN OF KINCARDINE A BYLAW TO AUTHORIZE THE SIGNING OF A PAYMENT PARKING BY-LAW AGREEMENT WITH LEANNE THOMSON & PETER HUMBLE WHEREAS the Council for The Corporation of the Town of Kincardine deems it advisable to enter into a payment in lieu of parking agreement with Leanne Thomson & Peter Humble; NOW THEREFORE the Council for The Corporation of the Town of Kincardine ENACTS as follows: 1. That The Corporation of the Town of Kincardine enter into a payment in lieu of parking agreement with Leanne Thomson and Peter Humble in consideration of the sum of Three Thousand Five Hundred Dollars ($3,500.00) of the Town granting a reduction of seven (7) parking spaces. 2. That the mayor and clerk be authorized to sign on behalf of The Corporation of the Town of Kincardine, the agreement with Leanne Thomson & Peter Humble which is attached to this by-law and to affix the Town's Corporate seal as and when required. 3. This by-law shall come into full force and effect on it final passing. 4. This by-law may be cited as the Harbour Street Grille Payment in Lieu of Parking Agreement By-law". READ a FIRST and SECOND time this 4th day of June, 1998. READ a THIRD time and FINALLY PASSED this 4th day of June, 1998. fb~~~ t<.~, , Mayo("" - a .- ~ .' -"',,, ~'.,- ," -~-: This PAYMENT IN LIEU OF PARKING AGREEMENT made this 4th day of June, 1998. BETWEEN: THE CORPORATION OF THE TOWN OF KINCARDINE Hereinafter called the "Town" of the first part, -AND- LEANNE THOMSON AND PETER HUMBLE hereinafter called the "Owner" of the second part, WHEREAS the lands described in Schedule "A" are registered in the name of Leanne Thomson and Peter Humble; AND WHEREAS as a condition precedent to the Town approving a Site Plan and the issuing of a building permit, an agreement regarding parking facilities is required; NOW THEREFORE THIS AGREEMENT WITNESSETH THAT in consideration of approval of the plans for the development on subject parcel ofland by the Town and sum of ONE DOLLAR ($1,00), the receipt of which is hereby acknowledged, the Owner for himself and for all successors in title, HEREBY AGREES with the Town as follows: 1. The Owner shall pay to the Town of the sum of Three Thousand Five Hundred Dollars ($3,500) in consideration of the Town granting a reduction of seven ( 7 ) parking spaces on the land referred to in Schedule "A" attached hereto. The basis on which the payment of Three Thousand Five Hundred Dollars ($3,500) has been calculated is set out in Schedule "B" attached hereto., 2. The word "Owner" and the words "he" or "his" where used in this Agreement and in addition to its accepted meaning, shall mean and include an individual, an associate, a partnership or incorporated company construed as including the plural, and whenever the masculine is used herein it shall be construed as including the feminine. 3. This Agreement shall enure to the benefit of and be binding upon the parties hereto and their respective successors and assigns. .. ./2 ~ . . a a tit - " Page 2 Payment in Lieu of Parking Agreement IN WITNESS WHEREOF the Town has hereto affixed its corporate seal attested by the hands of its mayor and clerk this 4th day of June, 1998, The Owner has hereunto set their hands and seals this 4th day of June, 1998. SIGNED, SEALED AND DELIVED in the presence of THE CORPORATION OF THE TOWN OF KINCARDINE: i1 .~ Ma~I~~tt~~ '>, -: ..:: . ; ,,;. :- .:;.. ~~..- -...~, ~ ., 'k?brn.\, ~;2:':;( Clerk - Rosaline Graham LEANNE THOMSON AND PETER HUMBLE: ~Wrwv-- ~ Leanne Thomson ~ Witness - ..' - a e - . SCHEDULE "A" Schedule for Description 217 Harbour Street ALL AND SINGULAR that certain parcel of land and premises situate lying and being in the Town of Kincardine, in the County of Bruce, and Province of Ontario and more particularly described as Part Lot 2, Plan 77 and being Part 1 on Reference Plan 3R-4461. ~ ~ ';"-e ""' . .. - - ~ ~> SCHEDULE"B" In 1989 the Town of Kincardine's staff calculated the cost of purchasing and developing a parking space complete with an asphalt surface, storm drainage and street light to be $3,500 per lot. Council established a lesser rate of $1,500 per lot for any business in the CI Zoned area of the Town in 1991. Council established in 1998 rate of $500 per space for any conversion of residential to commercial within a CI Zone, -- ~~CO"~-~ ~. ---.--.:;:, ;;.;.....: . ...... ., " .. .",. :~<.,. " , ".". .:. ",,','1' <;, ",,' I): . . " ,~. .... . ~" , "':"1 " " ,...... ,"" ".,' ''''''',' '.' .' ..'-'. .;' -'...., " " " a ...... , " " " " , ' .:.. 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