HomeMy WebLinkAboutKIN 89 044 Development Agree
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THE CORPORATION OF THE TOWN OF KINCARDINE
BY-LAW 1989-44
A BY-LAW TO AUTHORIZE THE EXECUTION OF A DEVELOPMENT
AGREEMENT WITH GLEN-CO. HOLDINGS INC. CONCERNING PART
OF LOT 2, THE WHOLE OF LOTS 3 TO 12, AND PART OF LOT
13, WEST SIDE OF PARK STREET, TOWN OF KINCARDINE
WHEREAS the Council for The Corporation of the Town of Kincardine
deems it expedient to enter into an agreement with Glen-Co.
Holdings Inc. concerning the property described as Lots 2 to 13,
west side of Park Street, Plan 61, Town of Kincardine and being
more particularly described as Parts 2 to 18, Reference Plan 3R-
2253. ¡
NOW THEREFORE the Council for The Corporation of the Town of
Kincardine ENACTS as follows:
1. The mayor and clerk are hereby authorized to execute, on
behalf of The Corporation of the Town of Kincardine, the
attached agreement with Glen-Co. Holdings Inc. concerning
the property described as Part of Lot 2, the whole of Lots 3
to 12, and Part of Lot 13, west side of Park Street, Plan
61, Town of Kincardine and being more particularly described
as Parts 2 to 18, Reference Plan 3R-2253.
2. The clerk is hereby authorized to register this agreement
against the subject property.
3. This by-law shall come into full force and effect upon its
final passage.
READ a FIRST and SECOND TIME this 6th day of
¡~¡JJldii?v
Mayor
READ a THIRD time and FINALLY PASSED this ~t day of ~eprêmbßr ,
1989. -
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DEVELOPMENT AGREEMENT
between
THE CORPORATION OF THE TOWN OF KINCARDINE
- and -
GLEN-CO. HOLDINGS INC.
- and -
LURGAN HOLDINGS LIMITED
Dated this 21st day of
September, 1989.
TOWN OF KINCARDINE
707 Queen Street
Kincardine, Onto
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THE CORPORATION OF 'I'HE l'OWlJ OF KÅ’CARDINE
DEVELOPMENT AGREEMENT
THIS AGREEMENT made in quadruplicate this 21st day of Sept.1989.
BET WEE N:
GLEN-CO. HOLDINGS INC.
LURGAN HOLDINGS LIMITED
hereinafter called the "Owner",
of the First Part,
- and -
THE CORPORATION OF THE TOWN
OF KINCARDINE
hereinafter called the "'I'own",
of the Second Part,
WHEREAS the Owner wishes to develop a portion of Park Street in
the Town of Kincardine in order to service lands adjacent to the
said street for residential purposes. The said adjacent lands
are described in Schedule "A" attached to this Agreement;
AND WHEREAS the said portion of Park Street is that portion of
the Park Street road allowance between Kincardine Avenue and
Albert Street in the Town of Kincardine as shown on Plan 61 in
the Town of Kincardine (hereinafter referred to as Park Street);
AND WHEREAS the development of this street was a condition of
severance for the adjacent lands owned by Glen-Co. Holdings Inc;
AND WHEREAS the development of this street is necessary for the
development of other adjacent lands owned by Lurgan Holdings
Limited;
AND WHEREAS the Town is prepared to permit the Owners to develop
this portion of Park Street provided that they execute this
agreement and meet its obligations and provided that Glen-Co.
Holdings Inc. execute a severance agreement concerning the lands
they own Adjacent to the said Park Street;
NOW THEREFORE THIS AGREEMENT witnesseth that in consideration of
other good and valuable consideration and the sum of TWO DOLLARS
($2.00) of lawful money of Canada, now paid by each of the
parties hereto, (the receipt whereof is hereby acknowledged) the
parties hereto covenant, promise and agree with each other as
follows:
1. LIST OF SCHEDULES ATTACHED'
The following schedules are attached to and form part of
this Agreement:
Schedule "A":
Description of Lands adjacent to Park Street,
(herein called "the Lands").
Schedule "B":
Development,
(herein called "the
and ¡Jþ
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Plan of
Plan").
Schedule "C":
Design
Criteria
Engineering
Specifications.
Schedule "D":
'I'ime Limits
Construction Schedule:
Completion of Works.
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2.
INSTALLATION OF SERVICES
2.1 General
The Owne r shall des ign, cause to be constructed and
installed at his own expense and in good workmanlike manner
to the standards of the Town, all municipal services shown
on the Plan to the standards outlined in Schedule "C".
2.2 Construction by Tender
The services to be constructed on Park Street as shown
on the Plan shall be constructed under a tender called by
and awarded by the Town provided that before any tender is
awarded by the Town that the Town has first received an
irrevocable letter of credit as provided for in this
Agreement and that the Owner has paid for all costs of
advertising and other costs incurred in the tender process.
2.3 utilities
The Owner shall enter into such additional agreements
as may be necessary with the Kincardine Public Utilities
Commission, for installation or payment for water supply
services and an electrical distribution system, street-
lighting and necessary appurtenances to service the lands
and such other matters as the authority properly requires.
The Town shall not be obligated to issue any building
permits until provided with confirmation by the authority
that the agreements provided for by this clause have been
entered into or other satisfactory arrangements have been
made.
The Owner shall enter into such agreements as may be
necessary with the Bruce Municipal Telephone System, for
installation or payment for telephone services and necessary
appurtenances to service the lands and such other matters as
the authority properly requires. 'fhe 'I'own shall not be
obligated to issue any building permits until provided with
confirmation by the authority that the agreements provided
for by this clause have been entered into or other
satisfactory arrangements have been made.
The Owner shall enter into such agreements as may be
necessary with Kincardine Cabie T.V. Ltd., for installation
or payment for cable t.v. services and necessary
appurtenances to service the lands and such other matters as
the service properly requires. The Town shall not be
obligated to issue any building permits until provided with
confirmation by Kincardine Cable T.V. Ltd. that the
agreements provided by this clause have been entered into or
other satisfactory arrangements have been made.
2.4 Provision If Work Not Satisfactory
In the event the Owner fails to undertake the works
covered by this Agreement or fails to proceed expeditiously
or fails to undertake the works in accordance with the
specifications and requirements of this Agreement, then,
upon the Town Engineer giving seven (7) days written notice Áð~JJ
by prepaid registered mail to the Owner, the Town through f'./lW
its employees, agents or contractors may without further tlL-
notice enter upon the lands and proceed to supply all
materials and to do all the necessary inspection and works ~A~
in connection with the works, including the repair or -/P-P'
reconstruction of faulty work and the replacement of J:)S
materials which are not in accordance with plans or ~
specifications and to chargc the cost thereof, together with~
the cost of engineering, to the Owner. It is understood and~
agreed that upon such entry by the Town on the said lands, ~
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any monies placed on deposit with the Town to ensure
completion shall be forfeited by the Owner and shall be
applied towards the cost of any work undertaken by the Town,
and in addition to all other remedies it may have at such
time, the town may refuse to issue further building permits
until such remedial work has been completed and until such
payment has been made to the Town for such services that
have been completed and are yet to complete. Such entry
shall not be deemed as acceptance or assumption of the
works.
2.5 Consulting Engineer
The Owner shall employ a registered Professional
Engineer (hereinafter called the Owner's Engineer) to assume
responsibility for the design of the municipal services
required by this Agreement. Upon completion of the
installation of such services, the Owner's Engineer shall
provide, on a form acceptable to the Town, a Certificate of
Completion stating that services have been installed in
conformance to the plans reviewed by the Town Engineer and
in conformance to any certificates of approval from the
Ministry of the Environment.
2.6 Plans and Specifications
(a) Plans of Proposed Services
The Owner shall submit to the Town Engineer three sets
of profiles, detail drawings, specifications and, if
required, calculations for the installation of all the
required services. Such submission shall be in compliance
with the standards and specifications of the Town.
(b) Grading Plan
The Owner shall submit to the Town Engineer three sets
of an overall grading plan for the Park Street road
allowance. This plan shall specifically show existing and
proposed grades for all lot corners, block corners and
centre lines of roads. I t shall also i nd icate exis tin']
ditches, natural watercourses and filled land.
(c) Review and Approval
The Town Engineer shall:
(i) review the submissions with reasonable
dispatch
(ii) communicate to the Owner any corrections
requisite for such compliance and,
(d)
(iii)subject to any requisite corrections, endorse
his approval on the three sets of plans and
specifications, retain one set for inspection
purposes, return the other set to the Owner
and submit on set to the Town's manager of
public works.
Approvals
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The Owner shall obtain the approval of the Saugeen
Valley Conservation Authority, the Ministry of the
Environment and any government authority wh~ch is required ~~
in respect to the installation of any municipal services/~
contemplated by this Agreement pr ior to the approval by the f)5
Town Engineer and the commencement of construction. ~
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(e) As-Constructed Drawings
When services are completed and prior to acceptance of
said services, the Owner shall provide the Town with one
mylar copy of as-constructed drawings thereof which shall
detail such matters as roads, water, sewers and other
utilities. Individual service connections shall be outlined
on a separate plan for each service.
2.7 Authority to Inspect
The Owner agrees to permit the Town Engineer or his
agents to enter on the lands at any time to inspect the work
and, if necessary, to make emergency repairs, at the Owner's
expense. Such entry and repairs shall not be deemed to be
an acceptance of the services or an assumption by the Town
of any liability.
2.8 Use of Services by the Municipality
The Owner agrees that the services constructed may be
used, prior to acceptance by the Town, for the purpose for
which they are designed. Such use shall not constitute
acceptance of the services and shall not relieve the Owner
of any of his obligations.
2.9 Relocation of Existing Services or Repairs'
The Owner agrees to pay the cost of relocating and
repairing any existing services where such relocation or
repa~r is maåe necessary by reason of the construction of
the services required by this Agreement, and pay to adjust
the grade of all manholes, catch basins, water service
boxes, valves, hydrants and valve chambers as may be
required by the Town Engineer.
2.10 Qualitative or Quantitative Tests
The Town Engineer may have qualitative or quantitative
tests made of any materials which have been or are proposed
to be used in the construction of any services required by
this Agreement and the costs of such tests shall be paid by
the Owner.
2.11 Blasting
The Owner agrees that no blasting will be undertaken
without the written consent of the Town Engineer.
2.12 Damage
The Owner agrees to indemnify the Town for the cost of
damage done to curbs, water service boxes and other services
on existing streets or on any easements during construction
and building by anyone other than the 'I'own.
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2.13
The Town agrees to pay towards the cost of the
municipal services in the amount of the estimated additional
cost for the oversizing of the watermain from 6" to 12".
This cost shall be established by the Town's engineer after
the tender is accepted.
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3.
MAINTENANCE AND REPAIRS DURING CONSTRUCTION
3.1 Roads Within the Plan
The Owner agrees to pay for all road maintenance,
including dust treatment and grading, until the roads have
their final surface.
3.2 Snowplowing and Sanding
The Owner shall agree to provide, at its expense, snow
removal with respect to all roads on the Plan until the
second coat of asphalt is applied. In the event the Owner
wishes the Town to provide the aforesaid snow removal, the
Owner shall hold the Town harmless with respect to any
damage that may occur as a result of said snow removal. ~he
Owner further agrees to provide to the Town, the latter's
actual cost of said snow removal together with a fifteen
(15%) percent administration fee. Prior to the '¡'own
providing the snow removal services as aforesaid, the Owner
will pay to prepare the road, service and ramp watervalves,
catch basins and manholes, as may be required by the Town.
3.3 Sewers
The Owner agrees to maintain the storm sewers and
catch-basins until final acceptance and to clean the
sanitary sewers if any material is deposited therein other
than ordinary domestic waste. Maintaining the storm sewers
and catch-basins includes filtering against excessive
sedimentation. Prior to final acceptance, the Owner agrees
to clean all catch-basins and manholes and flush all sewers
with hydraulic flushers to the satisfaction of the Town
Engineer.
3.4 Care of Access Roads and Other Services
All access roads and all appurtenances on road
allowances giving access to Park Street shall be maintained
in good condition during construction and, if damaged,
restored by the Owner. The Owner agrees to apply oil or
calcium to the access roads, as needed and in sufficient
quantities to prevent dust problems.
3.5 Dumping and Removal of Debris or Fill
The Owner agrees neither to dump nor to permit to be
dumped any fill or other debris on nor to remove or permit
to be removed any fill from any public lands, other than for
the actual construction of the roads in or abutting the
subdivision, without the written consent of the authority
having jurisdiction.
4. ACCEPTANCE OF WORKS
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4.1 Final Acceptance
After all construction of the services outlined on the
plan and in Schedule "c" to this Agreement, the Owner's
Engineer shall issue to the ~own Engineer a Certificate
recommending final acceptance. The Town Engineer shall then
complete the final inspection of those services. At the
first reasonable opportunity following such final inspection
of the services and any requisite corrections, which ~
inspection shall not be unreasonably delayed, the Town
Cngineer shall recommend to Council final acceptance of the :;
services and Council shall pass the necessary resolution
accepting the services and assuming the maintenance thereof.~
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4.2 Staging of Acceptance
The inspections and final acceptance of services shall
be effected in ~he following stages for the purposes of
construction and final acceptance of the services:
Stage I - all underground services including water, hydro,
cable T.V. and telephone.
- granular road sub-base
- all grading required before the issuance of a
building permit including all road allowances.
- granular road base
- all other above ground services not in Stage II
Stage II - concrete curb and gutter
- base and final course of asphalt road paving
- seeding or sodding of boulevards
- all other items of municipal servicing which
were not completed in Stages I.
5. DRAINAGE, LANDSCAPING AND DESIGN
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5.1 Grade Control
Notwithstanding any of the provisions of this Agreement
to the con'trary, the Owner shall: Complete the drainage
system including all grading, ditches, swales, watercourses,
ponds, drains, pipes, sewers, manholes, catch basins,
service connections, apparatus and equipment to service all
the lands within the Plan and adjacent thereto as required
by and according to the drawings, plans, reports and
specifications approved by the Town Engineer. The Owner
shall ma~ntain the complete drainage system, including
clearing any blockage, until it is finally accepted by the
'¡'own. The '¡'own may connect or authorize connections into
the said drainage system but such connections shall not
constitute acceptance of the drainage system by the ~own.
5.2 'I'opsoil
The Owner agrees that no topsoil shall be removed from
the lands on the Plan, without the written consent of the
Town. Where it becomes necessary to temporarily remove any
topsoil, it shall be stock-piled anõ replaced on the
boulevards to a depth of no less than 15 centimetres over
the entire area not covered by buildings, driveways or paved
areas. If the existing topsoil on the site is not
sUfficient, additional topsoil will be supplied by the Owner
to maintain the required depth over the area.
5.3 Landscaping
(a) Sodding & Seeding
( i)
The Owner shall ensure that sod or seed is
placed on the unpaved portions of all road
alLowances after all roads, walks, and curbs,
are completed.
(ii)
Sodding only, as opposed to seeding, shall be
employed where, in the opinion of the Town
Engineer, it is warranted on account of
topography, soil conditions or drainage.
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(iii)
Sod shall be local No. 1 nursery sod. Seed
shall be a mixture of No. 1 perennial grass
seeds compatible to the area; rate of spread
to be as directed cy supplier.
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(iv) Sodding and seeding shall be maintained by
the Owner until well established.
5.4 Survey Bars
The Owner shall replace all survey bars removed during
the construction to the satisfaction of the Town Engineer.
ADI-iINISTRA'l'ION
6.1 Serving of Notices
Unless otherwise specified in this Agreement, any
notices required under the provisions of this Agreement
shall be given by prepaid registered mail or by personal
delivery to the following persons at the following
addresses:
~o THE MUNICIPALITY:
Clerk
The Corporation of the Town of
Kincardine
707 Queen Street
Kincardine, Onto
N2Z 1 Z9
TO THE OWNER:
Glen-Co. Holdings Inc.
c/o Dave Small
355 Princes Street
Kincardine, Ontario
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Lurgan Holdings Limited
c/o Mike Snobelen
R. R. jI 1
Ripley, ontario
NOG 2RO
The Owner shall supply the clerk of the Town with any
changes in Ownership and/or address. The Town must then
send any notices to new Owner and/or address.
6.2 Owner's Liability
Until any service or work herein provided for is
accepted by the Town, the Owner agrees to indemnify and save
harmless the Town from all actions or suits which may arise
either directly or indirectly by reason of the work done or
the materials supplied by any of the parties to this
Agreement pursuant to any of the provisions of this
Agreement.
7. FINANCIAL PROVISIONS
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7.1 Processing Fee
The Town acknowledges payment of the sum of one
thousand dollars ($1,000.00) to be credited toward
processing and administrative fees.
7.2 Performance Guarantee Þ
Prior to the acceptance of any tender by the Town for
the .cons~<\.uf~t¡t.9n of any municipal servic~s, the Owner shall ¿¿¿,
dellverlan lrrevocable Letter of Credlt from a Chartered
Bank in a form and amount satisfactory to the Town Engineer ~
and the Owner in order to guarantee the completion of the .fl;
works referred to in this Agreement. It is agreed that the
amount of the Letter of Credit may be reduced or increased~
from time to time, subject to the approval of the Town _~
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Engineer in proportion to the works and services already
installed or constructed and subject to a review by the Town
Engineer of the remaining services to be completed.
Prior to the acceptance of services, and the release of
the performance guarantee, the Owner will post a maintenance
guarantee in the form of a Letter of Credit from a chartered
bank in the amount of ten percent (10%) of the value of the
work satisfactory to the Town Eng ineer. 'l'his letter of
Credit shall cover all defects in the construction of the
said works and services for a period of two (2) years from
the date of acceptance of the said works and services, all
in accordance with the requirements of Schedule "COO attached
hereto.
That the irrevocable Letters of Credit referred to in
this Section shall contain the following clause: "It is a
condition of the Letter of Credit that it shall be deemed to
be automatically extended without amendment from year to
year from the present or any future expiration date hereof,
unless at least 30 days prior to the present or any future
expiration date, we notify you in writing by registered mail
that we elect not to consider this Letter of Credit to be
renewable for any additional period."
7.3 Engineering Fees
The Owner shall pay a deposit on the ~own's engineering
fees for contract administration and supervision related to
this agreement prior to the acceptance of the tender for the
services as provided for in this agreement as follows:
eight percent (8%) of the projected contract amount.
After all Certificates of Final Acceptances required in
this Agreement have been accepted by the Town, any shortfall
in the actual engineering fees will be paid by the Owner to
the Town upon demand and any amount paid to the Town over
and above the Town's final engineering cost shall be
refunded to the Owner.
7.4 Interest on Overdue Accounts
The Owner shall pay interest to the Town at the rate of
15 percent per annum on all monies payable under this
Agreement which are not paid on the due dates, calculated
from the due dates to the date of payment.
7.5 Easements
'I'he Owner agrees to convey such easements to the 'l'own
as outlined in Schedule "r' as required by the Town, free
from any encumbrances, and any other further easements to be
shown on the approved Engineering Plans to be approved by
the Town Engineer for the purposes set out therein.
7.6 Reserves
The Owner agrees to terminate all dead ends and open
sides of road allowances created by the Plan in 0.30 metre 1M
reserves, as set out on the Plan and convey these and any
other 0.30 metre reserves in the Plan in fee simple, free
from encumbrances, to the Town.
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8.
MISCELLANEOUS PROVISIONS
8.1 Gender
The word "Owner", or the words "he" or "his" where used
in this Agreement, in addition to their accepted meanings,
shall mean and include an individual, an associate, a
partnership or an incorporated company. Wherever the
singular is used herein, it shall be construed as including
the plural, and wherever the masculine is used herein it
shall be construed as including the feminine, and vise versa
in all cases.
8.2 Authority
The Owner and the Town acknowledge that the supply of
any Town services to the lands which may be undertaken or on
behalf of the Town must first receive the approval, with
respect to certain of the Town services herein referred to,
of the Ministry of the Environment.
8.3 No Waiver
The failure of either the Town or the Owner to insist
upon the strict performance of the terms and conditions
hereof shall not constitute or be construed as a waiver or
relinquishment of either parties I rights to thereafter
enforce the same in accordance with this Agreement in the
event of a continuing or subsequent default on the part of
either party.
8.4 Severability
It is mutually agreed that in the event that any clause
or provision of this Agreement or any part thereof shall be
declared invalid, void or unenforceable by any Court having
jurisdiction, such invalidity shall not affect the validity
or enforceability of the remaining portions of this
Agreement unless the result would be manifestly inequitable
or unconscionable.
8.5 Street Signs
The Owner shall erect to the satisfaction of the ~own's
Manager of Public Works, street and traffic signs prior to
any building permits being issued.
8.6 Non-Performance
It is agreed between the parties hereto that no party
shall be held responsible ror damages caused by delay or
failure to perform its obligations hereunder when such delay
or failure is due to fires, strikes, floods, acts of God,
lawful acts of public authorities, or delays which cannot
reasonably be foreseen or provided against.
8.7 Complete Agreement
This Agreement when executed together with all
Schedules attached hereto as provided for by this Agreement I 4~j
shall constitute the entire Agreement between both parties~
and this Agreement may not be amended, modifieo or
terminated except in writing signed by the parties hereto.
8.8
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Further Documents
The parties shall execute and deliver all documents and
perform all further actions that may be reasonably necessary~
under the provisions of this Agreement. ~
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8.9 Compliance with Law and Standard Practices
The Owner shall perform its obligations hereunder in
compliance with any and all applicable federal, provincial
and local laws, rules and regulations, in accordance with
sound engineering and safety practices, and in compliance
with any and all reasonable rules of the Town relative to
the Premises.
8.10 Indemnification of Municipality
'l'he Owner, on behalf of itself, its successor and
assigns in title, shall indemnify the ~own and the Town
Engineer against all actions, suits, causes of action,
claims and demands whatsoever which may arise either
directly or indirectly by reason of the Owner undertaking
this development.
8.11 Soil Conditions
The Owner acknowledges and agrees that any Town
approvals, including (without restricting the generality of
the foregoing) zoning, subdivision and site plan approvals
do not verify or confirm the adequacy of soil conditions and
the Owner accepts responsibility for soil conditions,
including soil contamination and agrees to comply with The
Environmental Protection Act anò other legislation and the
Owner agrees to indemnify and save the Town harmless from
all actions or claims relating to soil conditions on the
subject lands.
8.12 Compliance with Law
Nothing in this Agreement exempts the Owner or anyone
claiming by or through or under it from compliance with any
by-law of the 'I'own or any statu'te or Regulation of Ontario
or any other law nor exempts it from any liability accruing
to it as the Owner of the lands.
8.13 The Owner hereby agrees that its obligations pursuant
to this Agreement are joint and several so that the Town
may, in its sole discretion, enforce the provisions therof
against either Glen-Co. Holdings Inc. or Lurgan Holdings
Limited, or both.
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BENEFIT AND BURDEN
IT IS DECLARED AND AGREED that this Agreement and the covenants,
provisions, conditions and schedules herein shall enure to the
benefit of and be binding on the respective heirs, executors,
administrators, successors or assigns of each of the parties
hereto.
IN WITNESS WHEREOF the Corporate seals of the Owner and the Town
are hereunto affixed under the hands of their proper signing
officers in that behalf.
SIGNED, SEALED AND DELIVERED
in the presence of
THE CORPORATION OF THE
TOWN OF KINCARDINE
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GLEN-CO. HOLDINGS INC.
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LURGAN HOLDINGS LIMITED
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Approved & Authorized by
By-law No. 1989-44
enacted the 21st day
of September , 1989
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SU1BLULJ;; .. A"
Description O~ ~a¡laS
GL¡;;i~-CO. UOLDHJGS we. LAl.DS
ALL AND SIuGULAR tnat certain parcel or tract oi Land and
premises situate, iying and being in the '~O'in 0:': Kincaroine,
Councy at bruce ~nd being composed of Part of Lot ~, all OL Lots
3 to 12 inclusive, and Part of Lot 13, west side of Park Street,
i.'lan ,,1 ano being more parcicularly described as Parts ;¿ - 13
inclusive of Reference Plan 3~-2253.
LURGAl¡ HOLDll,GS LH.I'.'ED LAilDS
p.LL ¡Ù~D SIrjGULAR that certain parcel or tract 01 land and
premises situate, lYLng and being in the '¡'own of KLncaraLn.:=,
C:ounty of Bruce and bein':) com¡;:osed of 1-'arj.~ L01:S 13, 1 ,; and 15 and
Part of Park Lot lG, east of Park StreC1: dn¿ Part of Park .Lot 1,
north ot Kincdruine Avenue, Pian Gl and being more particularly
described as ~act 1 on Re~erence Plan 3R-~f¡82.
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SCHEDULE "D"
Construction ScheóuLe
'ár.1e Li11li ts for COIn?l.etion of ¡Iorks
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Oatermains t Se~lCr::3, curbS, \JaJ..k\'.l~YS, :êencing / secdins,
sodding, tree 2Lancing, granul.ar base and base course of not
aspha,i1:: shaLl. be compl.eted not l.a::er than 'C'W years f rom the
da'te of 1:ùis agreemeùt.
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final course oj: hot asphalt shall be corapl.etcd not later
than tllO years from the base course 0:[ asphûlt and not prior
\.:0 one year ¡ rom the basc co~rsc OJ: ¿s9iJalt.
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