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HomeMy WebLinkAboutKIN 89 110 Ld Sale - R.Benbow . . THE CORPORATION OF THE TOWN OF KINCARDINE BY-LAW BY-LAW NO. 1989 - 110 LARD SALE TO RODNEY MARK BERBOW BY-LAW WHEREAS the Rodney Mark Benbow has submitted an Offer to Purchase for the land hereinafter described and more particularly described in the Offer to Purchase attached hereto as Schedule "An; ROW THEREPORE the Council for The Corporation of the Town of Kincardine BRACTS as follows: 1. The mayor and clerk are hereby authorized to execute such documents as they may deem adviseable to convey such lands to Rodney Mark Benbow as it may direct in accordance with said Offer to Purchase attached as Schedule "An. 2. The lands referred to consist of Part of Lot 27, east side of penetangore Row, Town of Kincardine, County of Bruce. 3. The purchase price for the said land shall be Three Thousand Nine Hundred Dollars ($3,900.00). 4. The short name for this by-law shall be the "Land Sale to Rodney Mark Benbow By-lawn. 5. This by-law shall come into full force and effect upon the date of its final passage. READ a FIRST and SECOND time this 2nd day of November, 1989. jlÆ11/ da9Jdu.,u Mayor READ a THIRD time and FINALLY PASSED this 20th day of N~v~mber 1989. /(kJd J~U~/ Mayor '-'.. ~- ' -- ",-->,' " - - :,'" "' AMENDED Jut v '98' DV1: "DURHAM CO.lIMIY£O F_No,UIJ . OFFER TO PURCHASE AGREEMENT OF PURCHASE AND SALE I/OO(Rodney. Marl<. Benbow, .......... ollhe.. ...To.wn. ..01. ..Kincardine, mE. . cQR~QRI\ TI QN .OF . mE TQWf:I. Qf .K! /:IC.l\RO¡ /:IE ............, ........... ............. ,........... . . . . (as PurchBSefJ having Inspecled the Property hereby agree 10 and with ......................... . . . . . . . . .. .............. (os Vend",). through nO~. ~.~.~ ~~. ~.~.~ ~ ~ ~.~ .~~ ~~.~.~ ~~. -~.~ ~ ~ ~.~.~.~ ~ ~.~.~.~ ~~. ~.~ ~ ~~.~ ~~ ~ ~.~.~.~~~. ~.~.~ ~~.~.~.~ ~ ~.~.~.~- -Agent lor Ve""'" .Chase 811 and singulBl' the p'emlses sltuBte d6)(IXI.._. ,.. ., _ ......... ..)l:MI(.. ............... .... Town.orKi ncard.i nE!,,,CCJlIntyof. .Bruce.................q lH6i!oKif¡){. ................... ............... ........... . . . . . . . . . . . . . . ....... . (here4n called "the Property") h.vlng ~~ ('77Ø(ta2;areatohfaff[txjfc¡~teol!"'p~l!n~ox:e~w~ 'HHH .....!iquarefeet. .... mare ar Ies.. being pan..o.o.,o.n...eIJ6KIi>.... ....) ~~IIJI'I6I( IK... Regi.Ie'ed In Ihe land Regl.try Olnce Bruce. (Np. .3), .W(ll kertQn, . and ..b.e.i ng. .l1\Qre .p.(lrticul. ar ly.. des.cribed Pn. Schedu 1 e "A" attached hereto and out! i ned in red ., 'he price 0' sum 01 . THREE THOUSAND· NINE· HUNDREO-----·-------------------------..· DoIIars($.3.900..QO. .. 'oItow", . FI fTY .~~ -~~~~~~- ~ ~~.~~.~~~~--~~~ ~-- ~-.~~::~. ~.~~ ~::~~~~ ~~~~~ ~~::~.~::::::.::.::::~. Do/Ia.. ($. .50 ,00 ......) cash or cerllfled cheque to the said ....JCtIendor on this date 8S. depNlt 10 be held tn trust pending comptetion 01' othef terminallon of this Agreemenl. end 10 be cf"dUed 0" .ccounl 01 pu.chese money on closing. .nd coven.... promise end "9'" to pay the ba 1 ance of the purchase pri ce in cash or by certified cheque subject to the usual adjustments to the solicitor for the vendor on closing. The purchaser understands that the purchase price represents only the vendor's cost of acquisition of the subject property and its costs of disposition. This offer is conditional upon the Council for The Corporation of the Town of Kincardine passing a by-law to authorize the sale of the property. The purchaser ~grees to accept full responsibility for and pay for any and all additional costs involved.il,l_có"'P-leting this transaction including, without limiting the generality of the foregòjp9,.:(I~~ðQditional survey costs, reference plan costs and purchaser's legal fees and exp!!nses. -"':> : - . - . ' -- , -,-- ".. .,:":::::-,:- ...... -::'".:/.'-". -- .' "'........ -~ ""';:./7 -;.::':: ~::~:~~,..-" .,. ,." The Vendor represents and warrants thai during the period of his occupancy of the Property and. 10 the best of his knowtedge, prlof thereto. no building on the property has been insulaled wilh UTea formaldehyde roam Insulation, This warranty she, survtve completion of this transaclton. ~~"KMM~"~NKK~~~~ '""~)I_~ (_)lOt~ )oI<1!I«"*_,.""'*IOMOI\IIØ(N)o'*"M~JtI (~~""1Ik ThiS Ofl., ,hell be '..vocable by Ih. Purch.se, un'Hl.1.:. 59. .. P.M. on the . H .. . . H' . ... ... . . . H!t.h. .. . day 01. . .. ..... JIP;Qb.er, .. 1989. . ....r which lime. If nol accepted. this Offer shall be nuN and vokJ and lhe deposit relurned 10 the Purchaser wIIhouIlnleresl Of deduction, PRQV1DEO lhe lit Ie Is QOOd and Iree from at! encumbrønces, except as aforesaid, and excepI kIcat rales and mk1OI' easemenll lor hydro. ge9. 'øfephone Of &ke services 10 lhe Properly; said title 10 be examined by the Purchaser et hI9 own eXl)Ønse. end the Purcheser 00110 CAlI b Ihe produclion of øny UtIe deed. ebstrllCt 01 II lie, SUfVey. proof Of evidence of tille, other Ihßf1lhose in Vendor's possessk:Jn Of under his contror: and proYkled the same hRve been compRed wIIh.1he Purchaser 10 BCCepllhe Property sutJtecllo Municipal require men Is, Including bulkMng and zonfng by·laws. minor eøsements as 8bove-menUoned, end 10 ."1I~""4 and COV8f18n11 thai run with the land, . 1989 The PU<ch.s.r 10 be .lIowed .unt 11.. Oct.. . .27, ___M)O~~r 10 Invesl""'lelhe litle., his own ._. and II within 'hal lime h. shall furnish the Vendor In writing wllh any valid objection 10 the 11118, Of to any outs landing MunIcipal work orders or deßclency notIce9 Bffecling the Property. or non-«IfTIPMance wilh zoning by".WS. Of that Ihe present use of lhe Property may not be Iawluny conlfnued, or Ihal the buildings on the Property mAY noI be Insured 89aln" rl,k 0' lire, which the Vendor shall be unabl(J or UI,wmtng to remove or COfrecl, and which lhe Purcheser win not walve,lhts Agreemenl shall, notwIthslend;ng any Intsrmedløte 8cl, or negotiations, be null 8nd void And the deposit money relurned to the Purchaser without Interest or deducdon, and lite Vendor and the Agenl shaH not be Nab Ie for MY costs or damages. Save as to any ,,~I d oblecllon so made within such time. the Purchaser 8haI be conclusively deemed 10 have BCCepled lhe lilte of lhe Vencb to the PfOJ'EIl1y. The Vendor hereby cons en Is to the municipality reieestng 10 the purchaser detail of .. outsIøndIng MunIcIpal work orders or delk:lency nolfces aHectlng the Property. .A9'..men, shan b. c""",,"'ad on '" be""" ,he ......... .3.1s~........... day 01....... .Oc;~~~.er,......... t9!!9.. on Which d.,e YII08U' poss...1on ollh. . rty Is to be given 10 the Purchaser unless otherwise provfded for herein. compfellon 01 sele 8" buildings and eQUlpmenl on the Property 8haI be and rem81n 81 the rfBk of !he Vendor until closing and the Vendor wm hold øl pofIcfes ollnsUfanc8 e ected on 'he Property and the proceeds lhereol In tmsI for the partin hereto. as th~r tnletesls may 1ppeBt'. In the 8Y9nI of damage 10 lhe SAid bufIdIngs and equipment before the compfellon o} this tr8nstlClfon, the Purchaser shall hl!JV8the right to elecl to lake such proceeds and compIeIø the purchase, Of cancel thfs Agreement whereupon lhe Purcheser shen be en lit led '0 'he rei urn, wllhoullnlefftt Of deducHon. of an moneys theretofore peId on ec:count of this purchase. Nðè'I(OOMHMMI)$)(r)(ðttc fIt~"fI. 'axes. ÞlþtoeMX",", and sf local Improvemenls and waler rele9 to be prapornoned end allowed to the dale 01 compIeUon of sale. Transfer/Deed 10 be prepared 81 the expense of lhe Vendor In elorm eccepteble to lhe Purchsser's SoficItor,... if e Charge/Mortgage Is to be given back. same 10 be prepared al the expense of lhe Purchaser on a form accepts" to the Vendor's Solicitor. The TrMsfer / Deed to be given to the Purchaser she. contain . !lletemenl completed by the Vendor end the Vendor's SoIcfIor pursuant to ~Non "9(218) of the Planntng Acl, 19~3. ThiS Agreement shan be effective to create 8n interest in ,he real p= onty II the ~ land dM9Ion provfsfonø of the Planning Act are COl. i agrees. .1 his axpan... to comply wI,h such provisions and 10 pr dIIIgenIIy !he B ] JIIc.1ion lor .uch compIIano.. J wilh. ønd lhe Vendor The Vendor, on or before complellon, wilt produce evidence 'Þal he Is not now, and upc:Jn cnmplellon will not be. a ..non....esldent person" within lhe meaning and for the purposes of Section 116 of the Income Tax Acl of Canada or If he is 8 "non.,esIdenI penon" wMlluly ccmpty with Ihe proytsfonl!l of Sectkm "8of the said Acl ",lor tocnmplelkJn, fnvpr' The Affidavft of RMkfence and 01 Vø1ue of Ihe Consldet'BUon requked under the bod Transfer Tax Act shan be prepared by the Porchøser. If 'the Spouse of Ihe Vendor has noI execuled this Agreemenl. the Vendor '""resenll and WBmIntI thai Ihe compfetlon of this lransacllon wi. noI conIravene Ihe ptovlslons of lhe Family Law Ac'. 1988. this Orter, when 8CC8Pted. shalf constfltlle B binding contract of purehBSe end lale. end time In all respectl shill be of the essence of IhIs Agreement. h Is ag<.ed 1ha1'he'. Is no ,,,,,,esen'BIton. warr.nty. 00II","181 agreemant or condltl.n .ReeIIng!hls Agreement or ,he Property or OU > >OIIed hereby 0"",, lhen.. e""",_ heral. In wrlllng. A!tY lender of doc:umenl1 or money hereunder m!JY be made upon lhe Vendor or Purchaser or upon ,he Solicitor acllng for the party on whom lender Is dellred, IInd n lhãl be sufftcfenllhll 8 negotlabté certified cheque be lendered Inllead of cash. Each pMly 10 PRY lhe COlli 01 registration 1100 laxes on his own documenII. This Offer and Its acceptance to be ,eBel with BIt chllng9S of gender or nufnber required by the conlext r DATED .,..Klnc.an!i."e....Q"t¡¡rJ.Q........ ..~.....'....................:.. ..1hIa ......../.1~....daYOI... ..."t9ß9. . IN WITNESS WHEREOF.. .............have hereunlo set...... ..... . hood ......nd .eel. .......... ....... """Pù~"~"""""·""". ............. ......................... ¡;ùfòh8ò.""'" ................... (AlII. Seal) llWE. hereby aecepllhe lIbove Oller and Its terms. and covenanl. promise and agrea to Ind with the above-named PurehBe8r 10 duly carry out lhe same on the terms and oondRlon. aboY. men'loned. end. h.reby BOOBp1'h. depoall 01'.. 5Q ..0.0........ .... )I,¡(~1IiiI)I oI6KXXXXXJlorr~J6KIM¡lIe\ 'Io rll l (,.__)(ð(XXXXX~JIMd(IIØ(~MHMXòIo1fo1(~N""*Ii:J616M1i11AA1)(d1I11~~*M ~~~~/<!f.I(~~~ OØI!I; I MIO ( IO O_IJ!> ("~X .. " ,., , , ' , I·' , ..,. (~»KOIt(YIMJ( (~t!>\I_ÍØOK, (M)I, (lIIac~Ð¥¥M~U~,QO,g. fS:trtbðUfaboYeIfDOf~' DATED AT. J<j!1ç¡¡r~j.ne.,. .()l,1t~ri.o . ......!hIs .......I4.t':::............dayof ..j)~.............19.B~. IN WITNESS WHEREOF. . . . .w.e Per: - . SIGNED. SEAlED AND DELIVERED In the presence of: -........ . (AlII. Se.~ , . ' , ................. ..:: IAltI. Seal) ~ . . . . ::: I her"'y .cknowledge "c.1p! 01 a .Igned copy of 1hI. .ooepted AgI........ 01 Purchase and Sale. .............................. ................."'.:'.;,:,_......i2.....:~~~. S..~ Spous. 01 ,he V~~.,>.,......:~ " ",- ,.,..~_."':..:".:.-:- -:-"~_:,~,..,.., I hBfeby acknovdedge ,eoeIpI 01 a signed copy oí'liii. êòoapted Agreement 01 P_andSela. ¡VendOr} ........... . Date. . . . . . . . . . . . . . ............... ..(P'tirdiiiOii...... ........De....................... ·¡vei.dorl ...... Dale ................' .........................................;....081.................... (P""""'''') . 707 Queen Street, _.... . fill ·lZ9··················· 519-396-346B TaI.phone No.......................... Kin.cardine, Ontario ............. _:. ~~~. ~~~~~ango~~. .R.o'y ... .Ki .n~ a.~.d.i. ~e.!.. ~~t. ad 0 519-396-7377 . Telephone No.................................... .................. v.ndOf·.SoIIcflorTe.d..~i.l.s()~1 281 'O.u.r~i\I11..S~re.e.t. P.O,. .Bo)(. 8~.. ~inc;¡¡r:di .ne,. O.n~(lr.i.o.. ~2.Z.. .2X~..... 519-396-3807 _..SoI1cflor............. ..................................,. .......................................,.................................. :Þ Ii) :D m m ~ 0 ~ m z "1\ þ -f "1\ I 0 !II "1\ -f ß " 0 c d i :D " r ~ c :D :Þ ~ en , m ~ ¡; :Þ Z m 0 en :Þ r- m ------- ï a. . ... <Ø . . . SCHEDULE "A" TO AN AGREEMENT OF PURCHASE AND SALE BETWEEN THE CORPORATION OF THE TOWN OF KINCARDINE, AS VENDOR, AND ROONEY MARK BENBOW, AS PURCHASER JJlltW M.Of.,.I.19N -------- -- a, ,"6UI CRUetS 1101:10 I Yi"'~ jSJMH1mS ~ _ Zr z 'z N ., oN 0 · œ ~ · . ¡O. I ~ N - . <> " g ~. ". ~ ''', ~ ~ ; , ; ¡¡ .~ . ;; ~ · Z ~ :, i .. · . ~ ". ~ ~ .. ; ; ;;¡ r ~ § .. . " . ... .. . · f .. 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