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HomeMy WebLinkAboutKIN 96 068 Sale/Land -Mary Rose e e e -tt THE CORPORATION OF THE TOWN OF KINCARDINE BY-LAW BY-LAW NO. 1996-68 A BY-LAW TO AUTHORIZE THE SALE OF LAND TO MARY L. ROSE. WHEREAS Mary L. Rose wishes to purchase from the Town of Kincardine part of Goderich Street and Part of the Railway Reserve, in the Town of Kincardine, in the County of Bruce and being more particularly described as Parts 10 and 11 of plan 3R-6519; AND WHEREAS a portion of the said lands consist of part of the Goderich Street road allowance; AND WHEREAS the said portion of Goderich Street has been closed and stopped up by By-Law No. 1996-56 pursuant to Section 301 of the Municipal Act, R.S.O. 1990, Chapter M.45; NOW THEREFORE the Council for The Corporation of the Town of Kincardine ENACTS as follows: 1. The mayor documents described Rose. clerk are hereby authorized to execute such they may deem advisable to convey the lands Schedule "A" attached hereto to Mary L. and as on 2. The purchase price for the said lands shall be TWENTY-ONE THOUSAND FIVE HUNDRED DOLLARS ($21,500.00). 3. This by-law shall come into full force and effect upon its final passage. 4. This by-law may be cited as the "Land Sale to Rose By-Law" . READ a FIRST and SECOND time this 19th day of September, 1996. READ a THIRD time and FINALLY PASSED this 19th day of September, 1996 . ~~/....~ /' May r Clerk . . e . SCHEDULE nAn All and singular that certain parcel or tract of land lying, being and situate in the Town of Kincardine, County of Bruce, and described as Part of Goderich Street, Townplot of penetangore and Part of the "Railway Reserve", and more particularly described as Part 10 and Part 11 of Reference Plan 3R-6519. , e - . .- t> ," This AGREEMENT made in TRIPLICATE this 19th day of September, 1996; BETWEEN: THE CORPORATION OF THE TOWN OF KINCARDINE hereinafter called the "Town" of the First Part. -and- MARY L. ROSE hereinafter called the "Purchaser" of the Second Part. THIS AGREEMENT WITNESSES that the Purchaser shall purc~ase from the Town, free from encumbrances, the land and prem~ses part of Goderich Street and Part of the Railway Reserve, in the Town of Kincardine, in the County of Bruce and being more particularly described as Parts 10 and 11 of Plan 3R-6519 on the sketch annexed hereto as Schedule "A" (hereinafter called the "real property") on the terms and conditions set out below: L The purchase price of TWENTY-ONE ($21,500.00). of the real property shall be the sum THOUSAND FIVE HUNDRED DOLLARS 2. The purchase adjustments, completion. price shall be paid, subject to the usual by cash or certified cheque on the date of 3. The sale shall be completed on September 30th, 1996. 4. Vacant possession of the property shall be given to the Purchaser on the date of completion. 5. The title shall be good and free from all encumbrances, save and except for: (i) (ii) local rates; any registered restrictions or covenants that run with the land provided that such are complied with; (iii) any registered agreements with a municipality or a supplier of utility service including, without limitation, electricity, water, sewage, gas, telephone, or cable television or other telecommunication service, providing such have been complied with or security has been posted to ensure compliance and completion as evidenced by letter from relevant municipality or utility supplier; and (iv) utility adjacent any minor service to properties. easements for the supply the real property or of to The Purchaser shall accept the real property subject to municipal and other governmental requirements, including building and zoning by-laws, regulations and orders. .. .2 e . . 'IÞ Page 2 The Purchaser is to be allowed to the date of completion to investigate the title at its own expense. If within the time allowed for examining title, the Purchaser supplies the Town, in writing, with any valid objection to title, which the Town is unable or unwilling to remove, remedy or satisfy and which the Purchaser will not waive, this Agreement shall, notwithstanding any intermediate acts or negotiations, be null and void and the Town shall not be liable for any costs or damages. Save as to any valid objection so made within such time, the Purchaser shall be conclusively deemed to have accepted the Town's title to the real property. 7. The Purchaser shall not call for the production of any title deed, abstract, surveyor other evidence of title except such as are in the possession or control of the Town. The Town agrees that any existing survey shall be delivered to the Purchaser as soon as possible and prior to the last day allowed for examining title. 6. 8. The Deed or Transfer, save for the Land Transfer Tax Affidavit, to be prepared at the expense of the Town in a form acceptable to the Purchaser. 9. The Town shall produce evidence that it will not be, at the time of closing, a non-resident of Canada within the meaning of section 116 of the Income Tax Act, or, in the alternative, evidence that the provisions of said Section 116 regarding disposition of property by a non-resident person have been complied with at or before closing. 10. Any tender of documents or money hereunder may be made upon the Town or Purchaser or upon the solicitor acting for the party on whom tender is desired, and it shall be sufficient that a cheque certified by a chartered bank or trust company be tendered instead of cash. This agreement shall be effective only of Section 50 of the Planning Act, complied with. 12. This agreement shall constitute a binding contract of purchase and sale. 11. if the provisions as amended, are 13. Time in all respects shall be of the essence of this agreement. 14. This agreement shall enure to the benefit of and shall be binding upon the respective heirs, executors, administrators and assigns of the parties hereto. IN WITNESS WHEREOF the parties hereto have hereunto set their hands and seals. SIGHED, SEALED and DELIVERED in the presence of THE CORPORATION OF THE TOWN OF KINCARDINE ,~~~'~' ~r - Charles W. Mann " per 77~~J'/ Clerk - Maureen A.Couture, '_ - , MARY L. ROSE (Z . .~ Lh~ Witness \. '- ~~ cdL {~~. Mary R e , PLAN 3R-t5J'f REQUIRE THIS PLAN TO BE DEPOSITED UNDER THE REGISTRY ACT. RECEIVED AND DEPOSITED DATE J "~~ < 1'1" . JOHN C. WOOD 0NTARIO lAND SURVEYOR _ __JJ'r fl.£Ovp 0-,,· LAND REGISTRAR FOR THE REGISTRY DIVISION OF BRUCE NO.3 CAUTION: THIS PLAN IS NOT A PLAN OF SUBDIVISION WITHIN THE MEANING OF THE PLANNING ACT J J · · ~ · ¡ ~ - W · · u ~ u · 8 '" z 0 a:: :J :r: rr '" >- .. ;0 M « " wrr ~.. ¡:" D ... 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