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HomeMy WebLinkAboutKIN 93 013 Agree - Rental Sign '. . THE CORPORATION OF THE TOWN OF KINCARDINE BY-LAW BY-LAW NO. 1993-13 A BY-LAW TO AUTHORIZE THE SIGNING OF AN AGREEMENT FOR THE RENTAL OF SPACE FOR A HIGHWAY SIGN. WHEREAS the Council for The Corporation of the Town of Kincardine deems it advisable to enter into a rental agreement for a highway; 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 an agreement with Malvin Dahmer to rent space for a highway sign, located on Malvin Dahmer's property. 2. That the mayor and clerk be authorized to sign, on behalf of The Corporation of the Town of Kincardine, the agreement with Malvin Dahmer 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 upon its final passage. 4. This by-law may be cited as the "Dahmer Sign Agreement By-law" . READ a FIRST and SECOND time this 4th day of March, 1993. READ a THIRD time and FINALLY PASSED this 18th day of March, 1993. ~p~ Mayor · '. ... ... " This AGRBBIIBII'r made this la-It... day of March, 1993. BETWEEN: THE CORPORATION OF THE TOWN OF KINCARDINE hereinafter called the "Town" of the First Part, -and- MALVIB DABMBR herinafter called "DAhmer" of the Second Part. WBBRBAS the Town wishes to advertise its presence using field signage; AND WBBRBAS Dahmer is willing to provide billboard space for a sign promoting the Town of Kincardine; ROW TBERBFORB THIS AGRBBMBIIT WITlÅ’SSETB THAT in considera- tion of the premises and mutual promises and covenants hereinafter contained, the parties hereby agree as follows: 1. type sign Kincardine Part of Lot The Town shall make use of a billboard located on Dahmer's property located in Township, and more commonly known as East 23, Concession 1, N.D.R. 2. The Town agrees to pay $350 per year due on the 31st day of March for the exclusive use of the sign. 3. The term of this agreement shall run from the date of signing until the 31st day of December 1995, with an option to renew for a further period of three years. 4. Dahmer shall not to obstruct the visibility of the sign. 5. Dahmer shall maintain the area surrounding the sign. 6. shall erect a new sign on the property and shall be responsible for its maintenance and The Town the Town upkeep. 7. The old sign shall remain the exclusive property of Dahmer. 8. This Agreement binding on administrators, hereto. shall enure to the benefit of and be the respective heirs, executors, successors and assigns of the parties IN WITRBSS WBBREOF the Town has hereto affixed its corporate seal attested by the hands of its mayor and clerk this Jpl't-- day of March, 1993. Malvin Dahmer has hereunto set his hand this ~day of March, 1993. SIGNED, SEALED AND DELIVERED in the presence of ) ) THE CORPORATION OF THE TOWN ) OF KINCARD~" : ¡ ~..~;~____~__n"",.¿/". ... "'""*~ ) De '.:--'= ) Mayor - Charles:::W. Hâ¡m :-~ ~ ) -' '- '- ':: :~.~-:;~,~-'" " ~n=,.,/:f/ ~)~T"'" _ ~"-:~:.:..;.. ......".... ~.."8b41 .... .......... .,...,....... o MALVIB DAHMER Der: ~ /J~ Malvin Dahmer ,J -'--'