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Home My WebLink AboutKIN 89 109 Ld Sale Kin Cable TV . . THE CORPORATION OF THE TOWN OF KINCARDINE < fl(~4 .~ BY-LAW BY-LAW RO. 1989 - 109 LAND SALE TO KIRCARDIRB CABLB T.V. LIMITBD BY-LAW WBBRBAS Kincardine Cable T.V. Limited has submitted an Offer to Purchase for the land hereinafter described and more particularly described in the Offer to Purchase attached hereto as Schedule "A"¡ ROW THBRBFORB 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 Kincardine Cable T.V. as it may direct in accordance with said Offer to Purchase attached as Schedule "A". 2. The lands referred to consist of Part of Lots 1 and 2, north side of Bruce Avenue, Town of Kincardine, County of Bruce. 3. The purchase price for the said land shall be Nine Thousand Four Hundred Dollars ($9,400.00). 4. The short name for this by-law shall be the "Land Sale to Kincardine Cable T.V. Limited By-law". 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 Novem er, 1989. dud ð 9i/:;hv Mayor READ a THIRD time and FINALLY PASSED this 20th day of November 1989. d~ ¿fLßj¿~ Mayor . . - - - ..,- -.-..- .- . '. AUENœD./UlY 1_ ~ 1M: . DURHAM CO.ltMl11iD Form No. 118 OFFER TO PURCHASE AGREEMENT OF PURCHASE AND SALE )'J)fIEX. KINCARDINE.. CABLE.. I .Y.. .LI.MIIED... .......... ............. ............ ............ 01 'h.. . Io.wn. .of. Kincardine,!( . TI:IE. . CoRPoRA wm .OF . THE.. IOWN.. Of .K. N(;ARQI tiE. . . . . (as Purchaser) having Inspected the Property hereby 8gfØ8 10 and with (es V.ndor). through no~. ~.~.~ ~~. ~.~.~ ~ ~ ~.~.~.~~. ~.~.~~~. ~.~.~~ ~ ~.~.~ ~~ ~.~.~.~ ~~. ~.~::~~.~.~:::: ::.::.~ .::~::. ::.~.:: ~ ::.~.~.:: ::::~.~.::- -Agent lor V.ndor _hase an and singular the premises situate ð6X.,. .. )6N1CIf.... ..... Town of Kincardine, .C(unty of .Bruce .... J!d.... _MIX.......... .......... . . . . . . . . . . . . . . . ........" .......... ..... ........ .... ....... ...... ..... .... .. .. . .. ........ . ..... .. ..."... .. . .. (herein oolled .'the Property') h.vlng 1tð!116o(ð11MI1It1( an. area. oJapproximatelYMIfI!IIrJ4~JHI>Ih1tII_ .............. ...squarefeet.... . mor.orless, on the North side of Bruce Avenue, being Part.oLLots..Land.2,. 1J6K... .........................,IIII:IIðIII(IIJfI6(_. ......_.... ......................... ............. RegI.ter.d In the lsnd Reg'slry 010.. Bruce. (No, .3) , .~1 kertQn,. .a.lJd. .b.el ng. .mQre .partJ.c.l/.1. ar ly.. describ.e.d.. o!l..... Schedu 1 e "A" attached heretQ and outl i ned in red .,Ihe 1"100 or sum of. NINE· THOUSAND· FOUR· HUNDRED----------------.-----.----.------ 00110.. ($9,400..00.. ...) ..Ioflows: . F.I FE. .~~ ~~.~.~~~~~~ ~~.~.~.~~~~~.~~~~ ~.~.~~~~.~~~~.~~.~~~~.~.~~~.~.~.~~~.~.~.~~~.~.~.~~::. 0011... ($. .51) ,00... ) cash or certified chequ& to the satd ~XVendor on this date 8S 8 depo:Jit to be held tn lrusl J*1d!tg compeetlon or other lennlnøllon of tNs Agreement. and to be credited onaccounlolpurch...mon.yoncloslng,.ndcoven.nt,promIeeand.greelo pay the balance of the purchase price in cash or by certified cheque subject to thè 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 agrees to accept full responsibility for and pay for any and all additional costs involved in completing this transaction including, without limiting the generality of the foregoing, any additional survey costs, reference plan costs and purchaser's legal fees and expenses. .........',""\.................:"..., -~ ',~ -:- ~ ---/'\;. ;,~"~~ .......... .:::- ^' .....,,.. --...""J'" '.. ,--", '-,." .... -:~ . /' ,.. .. -' ,,-::;.,. ~. .. The ~~""'....,.. end w."en~í'¡;'~ the >OI'1od of hie OCCIJponcy of.he Property end, 10 Ih. bool 01 his knowledge. prior lhereto. no buldlng on lhe Property hBs , ulaled with urea Jorm~hPe foain fnsuIalfon. This wBn.nty Shelf survive compfetion of this transaction. ! /-"'. . ,/ ) /:' ,. "....... /' _1GIt¡(~Øc~IOIG(~~MOIIOK . ',.·r;;..·.......·\ ,': I ..,,~ _ '...._,' ...-::::- . ."\,,-.....-......-" 1OIO)(It)(_~I)(.)(ItJØlliOItIt)okIX«*IQ(.,.IOIII;I)(JOIIOCMØt.."*""'þ({\(JI«(~~ ThIs Offer "'aI' be I"evooeble by the Pu,ch...r 1010111 1.1:. ~9.. . P.M. on lhe . . .. . .. ... ... .... . .1 ~th .. . .. dey 01 .. . .... "Oc.t()þe_r......... 196.9. . .lter which time. If not accepted, this O"er shall be null and void and the deposit returned 10 Ihe Purdw;er wllhout interetl: or deduction. PROVIDED the tllle Is good and kee 'tom all encumbrances. except 8S' aforesaid. and except local relet end rånor easements tor hydro. gøs. telephone or like services 10 the Properly; Slid tllJiJ to be e,emlned by Ihe Purchaser al his own expense, end Ihe Pureheser I'lOl10 eel for the productkJn of 8ny title deed, abstract of IttIe, s\lVe~ proof or evidence of litle, other lhan Ihose In Vendor's possession or under his control; end provided the same have been compIed wfIh.1he Purchaser to eccept the P sublecl 10 Munlcfpel requirements, Including building and zoning by.løws. minor easements 8S aboYe.m.Kdloued. and 10 1",.51..1"",,.4 end COV8nønts thBl run with lheroc:: . The Purche..r 10 be .lIowedunt i.l.. Oct.. . 27 , .un¡2._IIII~"~ 10 InvesUgete the IItIe at hho own .xpe.....nd" whhln th., lime h. shan lumisÞ Ihe Vendor In wrlUng wUh any valid obIectiori ~'ø"e, Of 10 BOY outstanding Municfpel work ordefs or deßclency notices alfecH"g lhe Property, or non~plance with zonl~ by.laws, or thai the present use of the Properly may not be lewfuny continued. or that the buildings on lhe Property may n0t be Insured against risk of fire, which the Vendor shall be unable or unwi1llng 10 remove or correcl, and which lhe Purehaser will nol waive, 11118 Agreemenl shan. notwi!f)stendlng any Intermediate acls or negotiallons. be null and void and the deposil mOf'ley relurned to .he Purchaser wllhoul inleresl or deduction, and the Vendor and thl:' ^sent shall nol be liable for any costs or damages. Save as to any valid objection so made within such time, the Purchaser shan be conclusively deemed 10 have accepted th", title of the Vendor 10 lhe Property. The Vendor hereby consents 10 lhe munlclpaUly reteaslng to lhe purchaser dele'" of aI outslanding Municipal work ordef8 or deficiency noIfceø affecting the Properly. «Agr......n, shenbe complet.d on orbelor. .h. ......... .3.1.s~ ......... ..d.yol..... ...Oçto.~.er,.... ..... 19!!9.on which dele .ac... """'_10 ofth. . Is to be given 10 Ihe Purchaser unless otherwise provided for herein. pfelfon 01 safe øl bunCHng8 &rKI equtpment on 1'- Property shall be IIInd f'8ma1n 81'" rfsfI: af the Vendor unll' ctoslng end.. Vendor wHI hofd ell' poIicfes of Insurance ed on lhe Property end the pt'oceedIlhereof In trust lor Ihe p8l1fes herelo. as ItIAk inleresll may eppeør. In lhe event 01 dømage 10 rile said b~ and equipment before the complellon o11his transBClion. the Purchaser shan have lhe lighl to eIecI to take such ptOCØ8di and complete lhe øurches8, or cancet this AgreØmenI. wher8upon the Purchaser shall be entitled to the return. without Interest or deduction. of 811 moneys Iher.... paid on øccounl or this purchue. _ðlltN~_J(þt(oIG_lIIIIt. lexes. """IC(f(fp .nd .._In""ov......... end _....... be propoo.loo.... end ._10 the dete 01 <~."''''""" ol.oIe. Transfer/Deed to be prepared IIllhe expense of the Vendor In. form eccepIBbIe 10 the PurchaINtr'. SoIcItor. end if. Chergø/Mortgage is 10 be given back. same 10 be prepared allhe expense of the Purchaser on 8 form øccepIabIe to the Vendor', SoIIctIor. The Transt.r I Deed 10 be given to the PUC'Chaser Ih8II cont8In . .'.lement compIeled by the Vendor end the Vendor'. SoIcHor pur8U8nI to SecIon 41(218) of the PtannIng Acl, t 983. This Agreement sha" be eRective 10 creale an Interest In the real property onty lithe IDOIicabIe lend division proWIb. 01 the F'tannIng Act are con'IpØed wIIh, and the Vendor agrees, Bt his .xpen_. 10 compty with such provisions and to proceed dagenlfy wkh the appIadton. for IUCh 00........._. The Vendor. on or before co"!plelion, wit! produce evidence '''at he Is not now, and upon c~letion wfIf not be, a "non...esldent person" within the mean4ng ønd for the purposes of,SecIion 1160f lhe Income Tax Act of Canada or If he Is a "non-(esldem person" wilt tully cornptv wtIh Ihe proo............ of SectIOn 1 t8 oItha saki Act prior 10 oo......I1u... ("""" ....,. --- The AffJdlvlt of Restdence end of Value of lhe Comlllderøtlon requtred under the Land Tnllnsf~r Tax Act shall be prepared by the PuróhHef, . " the Spouse of the Vendor has not executed this Agreemenl.the Vendor represents and warranl8 that the compledon of Ihts trensactkm wIIf not contravene the provisions of the Family Løw Act. 1996. TNs OfIM. when accepted, shall conslltute a binding conlract 01 purchase 8nd safe. and lime In en respecll ,hal be of the 8SIence of this Agreement. "Is ~reed thal1herels no representallon. wal'fanly. coßal.,slegreement or condI1Ion Iffectfng Ihls Agreemenl or the Prop8f1Y or supported hereby olher than 8' expressed herein In writing. Any tender at documents or mo~ hereunder may be made upon the Vendor or Purchasef or upon lhe SoIk:hor acting for the pørty on whom tender Is deSIred. and II shaff be sußicIent Ihel a negoIlabIé certined cheqUe be tendered Instead of cash. Eech psrty 10 pay the costs 01 registrøUon Bnd lexes on hit own documents. This Offer and Hs øcceptance to be read wkh ell changes of gender or numb,r required by lhe context. DATEDaIKinçanHne., .onUri9..... .........""".. . . . . . . . . . . . . . .... .dey .......... ............19...8.9. . IN WITNESS WHEREOF . . . . . . heve hereunto sel . .... .hand.....end ..... SIONED, SEAlED AND DELIVERED In the ",",,01100 of: .............. Purchaser .............. (Am. Se.9 ............... .................. Purchøser .......................: (Aln. Se.9 I/WE. hereby acceøt the 8bove Offer and Its terms, end covenant. pt"omIse and agree to end whh the above-named Purchaser 10 duty carry out the same on the terms and condUlon. above mentioned, and. ... h.r.bv occ.pt the d.pos~ of s.. .50 ..O.Q .... .~oII~~"'*III!fII6KXXXXX)(,)l,~J6JIIIfðI¡Q"" r~IOI{"~I6M_)(d(XXXXX)lp6(JIMd(iX~MIII:AI/IIXèl\!fe't¥l<U""*¡("'*KtIllKe1l~Q~l\,¡<*Mð-llifI!I(~i.lt¡<Ifè<~IIIKe'<~ ,"(I:_ICI(~_"~X , l)1(1II»)(~)6I<I)(t(Ij6t()(f!OI>!I)(_III)(d(t!W(M),(M¡(Mr~H~fM~"~/f¡I"~;Qi. tsfrb outøbove /1,,0\' appRcøbIe DATED AT. {inç~r~ine, .Qt:lt~rio. ........ .thla ........................... .dey of.......... ........... 8.9 ...............19..... IN WITNESS WHEREOF... .we.. .. ..have haroonto eel ... O~r.. . hand .$...end ...1. THE CORPORATION OF THE TOWN OF KINCARDINE SIGNED. SEAlED AND DELIVERED In the presence of: Per: . . . . . . . . . . . . liOi.dcii· .............. ........... (Aln. Se.9 Per: .......................... ..... ... ............... .-...... ... ·V.. .. ...... ... ...... ~:I"";>-"'-.. (AffIx Seat) . " ",,:"-~ ~ /.:"-~ ......,........ J ~ .'.~ ;~.~~.~~>:.~~~ 01 thØV~ ~__"'" -- ~.....-.. ~~- :ç":::" .. - - " I herebr ItCkt~ta.IJJA4t of.~;' IhIt accepted ~" ~_. ,...- --, ,~~.. ~~......., ....... . .. ...... .. .... ...... y~-Q5k~.-L ~.. . . (Purchaset") -' ,~I" -., .... -.; ......., " -::... . "to . I'f. -...-.-////1', I hereby acknowledge receipt of B signed copy of ,hie eccepted Agreement of PurchlElSe end Sale. (liòndò;) .... Date.. .......... ......... (Ii.ndòr) . Date ....................... .............,.. '(Púrëtiåò~"""""""" . Date...................... . 707 Queen Street, -·····iíiZ·1l9 ................. 519-3.96-3468 T.'""""". No.......................... . K,incardi ne,. .On.ta~i 0 .......... ............... _...: .2.Z3. .81:'.l!Ç;ß.. .A.Y~!1\J.e.,..K j .t:lç!!r.~.i n~ ,.. .Ont!\r.i () N2Z 2P2 Telephone No. 5)\!.~3?~.~?ßQ?............. ......... ........... .... , Ted Wilson, 281 Durham Street, Vendors SoncIIOf ........................... .................... ... ........ Pur_..'. _11or ............ ........... ............. ..... .......... .... P. 0,. B(x 8" .KinC;(I~di.nE!, ..O.n~(lrio. ~2Z. ~X~..... 519-3.96-3807 ....................................,....... ...................-.......... . Ii) ::ø m !II: 0 2 m z =II þ ... ~. 0 m ::ø i '11 ... P '11 0 d c: , ::ø '11 §! c: ::ø I . §! III , m l:i ¡ ~ m c III ~ m ¡ a. . .. <Ø . ;~- . 5i(~ . .,. SCHEDULE "A" TO AN AGREEMENT OF PURCHASE AND SALE BETWEEN THE CORPORATION OF THE TOWN OF KINCARDINE, AS VENDOR, AND KINCARDINE CABLE T.V. LIMITED, AS PURCHASER \ \ Z N m . ~ N rC' Ò D D, m m ~ ~ iii ~ .; ~ ~ m · . 0_ ~ ~ D .; r ~ Ž · ~ N ~ · · f ~ .; · ~ :: ~ ~! I\l ., . 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