HomeMy WebLinkAboutKIN 91 028 Agree - Ontario Ltd
THE CORPORATION OF THE TOWN OF KINCARDINE
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BY-LAW
BY-LAW NO. 1991-28
A BY-LAW TO AUTHORIZE THE SIGNING OF AN AGREEMENT WITH 719265
ONTARIO CONCERNING PARKING FACILITIES IN THE TOWN OF KINCARDINE
WHEREAS the Council for The Corporation of the Town of
Kincardine deems it expedient to enter into an agreement with
719265 Ontario concerning parking facilities.
NOW THEREFORE the Council for The Corporation of the Town
of Kincardine ENACTS as follows:
1. The mayor and the clerk are hereby authorized to execute,
on behalf of The Corporation for the Town of Kincardine,
an agreement with 719265 Ontario for payment in lieu of
parking.
2. This by-law shall come into full force and effect upon
its final passage.
3. This by-law may be cited as the "719265 ontario Payment
in lieu of Parking Agreement By-law".
READ a FIRST and SECOND time this 9th day of March, 1991.
J7W1d !J œ~fjJ
Mayor
READ a THIRD time and FINALLY PASSED this 21st day of March,
1991.
JjYM!d IJ ~9Idu7\.
Mayor
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Document General
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(1) RegIIIry 0
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Land T..... 0 (2) Page 1 of 5
Block property
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Additional:
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PA)~~ftt 18 lieH ei Pa~kiAg
under~Section 39(4) The Planning
Act
Agreement
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Dollars S
New Property Identifiers
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=""10 0
All and singular that certain parcel or
tract of land and premises situate, lying and
being in the Town of Kincardine, County of
Bruce and being composed of Part of Lot 1,
West Side of Queen Street, If, in the
Town of Kincardine, County of Bruce, now
designated as Part 1 on Reference Plan 3R-5243
together with a right-of-way over part of
Said Lot 1, now designated as Part 2 on Referen (
Plan 3R-5243.
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(a) Radalcrtption
New E.....m
PlanlSkatch
i (b) Schedule for:
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Additional
Parties 0 Other D
(e) ThII Doc_ __ .._:
Payment in lieu of Parking Agreement attached as Schedule 'A'.
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(t) ThIa DOCUIIIent ....... to Inatrument numbar(.)
Continued on Schedule 0
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(10) Par Y(I9a) (Sat out Statua or I_I . ~.>.
NaIÌMI(~) SIgnature(I) '-.. \ D~te of Si~natureD
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(11) Addreaa
or8~ 707 Queen Street, Kincardine, Otnario N2Z 1Z9
(12) Party(Ias) (Set out Statua or In_)
Nama(I) Slgnature(l)
Date of Signature
Y M D
719265 ONTARIO INC.
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«31 Addms
for ........
(14) Municipal AcIchsa of PIoper\y
Queen Street, (814)
Kincardine, Ontario
(11) Document Fftpared by:
Ronald R. Shaw,
Clerk-Administrator
Town of Kincardine
707 Queen Street,
KINCARDINE, Ont
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Fees and Tax
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NtnVsome and Gilbert" Limited
"nrm T.F1:\:t~ (1 "Ii!n
April. 1985
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Page 2
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This aaDRRMRNT made this 21st day of March, 1991.
BETWEEN:
THE CORPORATION OF THE TOWN OF KINCARDINE
hereinafter called the "Town"
of the First Part,
-and-
719265 ONTARIO INC.
hereinafter called the "owner"
of the Second Part.
WHEREAS the lands described in Schedule "A" are registered
in the name of 719265 Ontario Inc. .
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 as required;
NOW THEREFORE THIS AGPRRIfRN'r WITNESSETH THAT in
consideration of approval of the plans for the development
on subject parcel of land by the Town and sum of ONE
($1.00) DOLLAR, the receipt of which is hereby admitted,
the owner for himself and for all successors in title,
HEREBY AGREES with the Town as follows:
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1. The Owner shall pay to the Town the sum of Nine
Thousand Dollars ($9,000) in consideration of the Town
granting a reduction of six(6) parking spaces on the
land referred to in Schedule "A" attached hereto. The
basis on which the payment of Nine Thousand Dollars
($9,000) 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
whenever the singular is used herein it shall be
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
biDding upon the parties hereto and their
successors and assigns.
of and be
respective
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Page 2
Page 3
parking Agreement
IN WITHESS WBERBOF the Town has hereto affixed its
corporate seal attested by the hands of its mayor and clerk
this 21st day of March, 1991. The owner has hereunto set
their hands and seals this 90"'- day of ~~.~ , 1991.
SIGNED, SEALED AND DELIVERED )
in the presence of )
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THE CORPORATION OF THE TOWN
OF KINCARDINE
Æ .,",.
Il» d ð.~'--"'-'-
Mayor - Donna A<"7:~ son ~
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719
IO INC.
Pres]. en ~~
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Page 4
SCHEDULE 'A'
Part of Lot 1, West side of Queen street, I in the
Town of Kincardine in the county of Bruce. ¡(Jç ~~Ø"Gb 4""'/ ß~ b
QX)(¡......-GOJy C~¡¡)L'
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Page 5
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SCHEDULE 'B'
In 1989 the Town of Kincardine's staff calculated the cost
of purchasing and developing a parking lot 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 C1 Zoned area of the
Town in 1991.