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HomeMy WebLinkAboutKIN 88 067 Sale/Land - Aneja . . THE CORPORATION OF THE TOWN OF KINCARDINE BY-LAW NO. 1988-67 BEING A BY-LAW TO SELL A PARCEL OF MUNICIPAL LAND DESCRIBED AS PART OF LOT 22 AND PART OF LOT 23, EAST SIDE OF PENETANGORE ROW, PLAN 61, IN THE TOWN OF KINCARDINE, COUNTY OF BRUCE WHEREAS Swapna Aneja has submitted an Offer to Purchase for the land hereinafter described and outlined in red on Schedule "B" attached; 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 such documents as they may deem adviseable to convey such lands to Swapna Ane j a as it may direct in accordance with said Offer to Purchase attached as Schedule "A". 2. The lands referred to consist of Part of Lot 22 and part of Lot 23, east side of Penetangore Row, Plan 61, in the Town of Kincardine, County of Bruce. READ a FIRST and SECOND time this 22nd day of September, 1988. ~~ Mayor READ a THIRD time and FINALLY PASSED this 6th day of October '~l&k ". . '.^ ..~~ -... .... - ---_.-..... -......... ...... ........-""- m .. REALTOR ONTARIO REAL ESTATE ASSOCIATION AGREEMENT OF PURCHASE AND S . offers 10 buy from . through Vendor's .-, -......... ,Ihefollowing . SWAPNA ANEJA P~RCHASeR. .............................................. VENDOR. ...... .TOWN. .OF. .KLNCAROINE. . . . . . . . . . . . . . . AGENT. .......... llOne. . . . . . . . . . . . . . . . . . . 1lis1ir'IBrokerl (SdUnIBfokeÏ, r,ROPERTY :t'ronlingon Ihe. . . . .East . . . . . . . . side 0( . Penatango.re. . . , . known municip31ly as .............,........,. . índle .... Town· 0·£· Kincaz:dill6!T .ill. the. .Co.unty..... .... 01... Bruce... ....... . ........ ....... and having a fronl:1ge of . ·66· ·feet····· .. -... more or less by adeplh of .. .2.64. .feet.. . ....... . . ... mureor less and described as · . .. . . Par.t . of. Lot. . 2.2. ¡¡,nò. .P¡¡,rt..of .LQt. .23.,. . P.\ÇlTI . )} ,. .if!.. tAe. .T9~n Qt'. .1';j.I1Çii.l;çl.i,ne, ...... in. .the .c.ounty. .of .B.ruce....................................... ........................ · . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ...............-... . . . . . . . . ."he PURCHASE PRICE OF · . . . . . . . . . . . . . . . . . . . . , . . . . . . . . . . . . . . . . . . . . . - . . . . . . . . . . . . . . -. , . . . *** THIRTY FIVE THOUSAND DOLLARS *** C...:I<!i.nDull."' SC...., ~.~ 1.0~0.·.9.~.......) on the l'collowing terllls: I. . " *** ONE THOUSAND DOLLARS *** , Pun:ha~r ~UÞI1I11S with this offer . - . . . . . . . . . . . _ . . , . . . . . . . . _ . . . . . . . . . . . . . . . ." .. Dollars (S. . . . . .1.1 P9 0 .-.Q9.. . . . . . . .' ",'ash/chC'que rayablc to the Listing Broker:L<t a deposit to ~ held h~' him in tro.., ('I.·ndil1~ \,'Ill11plcli\)n ur ,)(hcr remlination Ctrlhis A~lftment and to be credited towards (hi: Pun:ha:< Pril.:e un ,"'Umpletion. J. Pu",h.,,:r.~r,..,,'" pay the balance of the purchase price, in cash or by certified cheque, to the Vendor's solicitor, on closing. The Vendors agree to provide an up to date survey and reference plan. Vendors agree to pay survey costs, impost f~es and levies; Vendors agree to provide water service, sanitary sewer lateral ~lç~L~~~ 3¿yyi~E to the lot line. The Purchaser agrees to move the closing òate forward to September 30, 1988 providing the Vendors have completed all of the above requirements. ') ~ 5lJA k- cnJe ~ ~~ /k- ~ 1 7k- . frrr"'fur.-¿ f1.-.- (~ d}- Iev.-~I~ rrr~S/ry t:Ã-- 1.1'1- w-- ~I"t/~- ~) 5(JL ~ ~ ~s Jy ~.O-cur t-:-l-R-- "1 ÁJ r ~-'':':~_.~~':'''''._~~~':':"'''~.................. . ..thBlthefollowlDschattelsaremeJudedmthcpun:basepncc: .. .... ... ........ .-..,... ... .~.........,........... C~···········································~~ .~ .................... .fIt....uaeragrecs that thisOffcr shall be irrevocable by him until 11:'9 p.m. on the.-:1:-st:.. . . . day of . SEPTEMBER. .. . . . . . . . . . . _ . .. . 19. B. 8 . . . . . .. after whicb time. if not ac:ccpted. this Offer shall be null and void and the deposit shall be retumecJ to Purchasr:r withcut inte:e....1 or dc:du..4:ion. Thi. Agreemen. shall becompleoed nn die. 3.0th. dayol .... March. . . . . . . . . . . . . . . . . . .. . 19J~ \I. . . . . . Upon "'..plelion. """o! possession of the properly shall be giycn to Purthaser ualess otherwise provided. as tollow~: ........,...................................................,.................................... 6. Purc:baser shall be allowed untit t I :.59 p.m. on the . ~ .~ ~~. - of . . .~~!. c:!'1. . . . 19 .8. ~ .. 10: e~3mine the title 10 the property. at his ~wn expense. to sati.iylûmselfth..tt¡f_i~"š'~gr;~orlc~fiei:linl~'š"fili;~n.n..nt"'" ..........................,.......... ................................... .r............................................................ may be lawfully CODIinued.. ad lhat the principal buildins rr.ay be insured against risk of fire. 7. Provided dw the ride to the prOperty is aood and free rrom all encumbrances eJl~l:pt:1$ aforesaid and ex.c=pt for ¡[JIy n::gistered reslrictions orcoyenanls lhalrun with the land providinS that such are complied wilh and cxcept fur any minor e:asemenl'l to public oolitie! required for the supply of domestic utility services to the propc:ny. If wilhÎD the time allowed for examining the tide aay valid ob~n fO title. ortu any nu(standing work order. or to the fact the said prese~t use may ROllo.wfully be con. tinued.. orthallhe principal bui1ding may not be insured 8Jalnsr. risk Qffire is;nade in wrirlßf: to Vcndor and which Veooor is unable or unwilHng 10 remove. ~med}' or ':lIisfy and wbich Purchaser will ROC waive. this Agreement. notwithslanding any intenneduH:e acES or negorialÌons in respect of such objections. shall be at un coo and all monies theretofore paid shall be rerumcd wilhout inlereSl or deduc(lOn and VcRdln õ!.nd Ver.dor·~ ¿\gent shall not be liable for any costs or damagei. Saye a.s to any valid objecûon so made by suchd4y and exccP' forany OOjtttion p)ing to the root of the tille. Purchaser shan be conclusively deem-=d to havc accepted. Vendor's title to the propcny. 8. Purchaser Kknowled~ ha"lng inspected the propel1~' prior to !'ubmittlng lhis Off~r ud understands that upon Vendor accepting this Oß'er tbft-e shall ~a báadtng ap-eement of parthase and sale between Purdlaser land Vendor. .-- , ,., 9. Vendor and Purchaser agree thlll there is no condition. e~press. or implied. repreRftlation or wan-oint)' of u.ny kind that the future intended ute uribe propeR)' by Pwch· aser is or will be lawful excepc as may be $pCCin¡¡,1LIIy sûpulared el!ItWhere in rbis Asnemenl. 10. Purchaser shall nol call for the producdon of any lide deed. absua.cl. surveyor olher evidence of tide to the property excepl such as are in the po'i'tessicm or rontrol of Vendor. Vendor agrees that. if requested by the Purchaser. he will deliyer any sketdt or survey of the property in bis possession or within his control to Purchaser as soon as possible and prior to the hUI day allowed for examininl tide. (n the event thllt a discharle of anf 1I1Oft8:ase òrC:bar,t held by aCbartered Bank. Trust Company. Credit Union or InsW'anCe COmp1ftr and which is not to be~ by the Putcha.c;er on completion. It DOt available in registrable form ,\ft completiCMI. the f'urcohaser ..rees 10 accept the Vendor's solie-Ito,'s ~naI undenakWl_to obtain. our of the åo$ing fund", adisdwp or çessattoa of ttw¡:e in resiscrable form and to re.ister same on tide wimin a reasonable period of time aflercomplettDØ. provided lhG1onorbefore completion the Vendorshall provide tothe Pun:hasetamortl:tp SWC'ßlCnc prepoml by die IIIOJI,,,,, setting out the batoncn.qul..d 10 obtatn dI. dU<1IltJe;'",gelher wilh . clinlction .....Ied by die Vendor dlreclin. paymen, 10 die :DOrtpgee. of the amount required to obtain the disduJrp out of the balance due on çompletion. II. All buíldin,s on the property and all other Ibings Iwing purchøsed shall. be and rerœia Wltll compleiion at the risk of Vendor. !'endin, œmplelion. VendorshaJl hold. all insurance policies. if any. and the proceeds thereof in trust for the parties as their interests may appear arftt in tbe event of subøntlal damage, Purchøser tn3)' ei . . letminafe chis Apeemenl and have allmonie! theretofore paid returned wilhouc interesl or deduction orelse lake the proceedsofany in5UnUll:eaad complete lhe pure ase. , , - 12. Provided Ihotl this Agreement shall be effective 10 çreate an interesl in (he property.only if'the subdi'tlisioa control provisions ofTœ Planni"l Act: are complied with by Vendor on or before completion and Vendor hereby covenants 10 pn'Jc.-eed dilirently at his expense to obtain any necessary consent o!, or before complcc:ion. 13. Purchaser shall be credited towards the Purchase Price with the amounl. if any. which it: shall be necessary for Purchaser 10 pay to Ihe MinisœrafNIIiouI Revenue In order 10 satisfy Purchaser's UatJility in ~ of tax payable by Vendor WIder me non-residency provisiOØJ of tho Income Tn Act by rnsoø of dab sale. Purchaser ohaIl noI claim such credit If V_ <led.... "" completion die prescribed ....il1c... CO' his .....""Y declarallon ..... be Is noodlen a _-resident or Canada. 14. Rents. mortgage interest, taxes. local improvements. water and8lsessment raœsand the costoffuelshall be apportioned anciallowed to the dateofcompletion (lheday itself 10 be apponioned 10 Pu,.._.) 15. The deed or Inn.!.r shall. save lor die Land Transfer T.. Alfidavil, wbich slWl be prepared and completed by die Pun:lwer. be prepoRcl in ..¡islnlble form oldie expense or Vendor and the Mortg.....dIe expense or Pun:haser. . 16. Time shall in all respects be of the essence hereof provided Ihu die time for doina or completing of any matter provided for herein may be eXlended or abridged by an agreement in wrilÎng signed by Vendor and Purchaser or by their respective soIic:itors who may be specifICally authorized in lhat regard. 17. Any Iet1der of documents or money hereunder may be made upon Vendor.or Pun:haser or dteir I'CSpective solicitoR on the day set far compiedon of this Apement. Money may be œodered by b..k draftorcbeque certified by.Chanaed Baq t, Trust Compaøy. ProVince orOnwio S.vinpOrrace, Credit ÙnionorCaqae Populal... 18. THE VENDOR WARRANTS THAT SPOUSAL CONSENT IS NOT NECESSARY TO THIS TRANSACTION UNDER THE PROVISIONS OF THE FAMILY LAW ACT, 1986,l1NLESSTHE VENDOR'S SPOUSE HAS EXECIJTED THECOI'ISENT HERElNAFI'ER PROVIDED. 19. Tha Vando< repraenlllUld warranll 10 the Pu",1wer I.... IIIe balJdl... used .. _junction "Ith the property h.v. ani hem, ...1 the date or compl.tIon, .....latod with a U.... FonnaIdehyde foam Iype orlno.Iadooo, Provided thai If the MII"",1s part or. maItipI. unll buUdlnl Ihls "UI'UIIIy shall oaIy ..Iud to thai portion or the bulidlnl"_ Is the subject orthls ...._. This wlll1'8llly shaD SIII'Vt.. and aat ..... oa the completion or the _lion. . 20. THE PURCHASER IS HEREBY NOTlnED THAT A CONSUMER REPORT. CONTAINING CREDIT AND/OR PERSONAL I!'lFORMAßON MAY BE REFERRED TO IN CONNECTION WITH THIS TRANSACTION. . 21. The Vendor he..by ap¡>oinlS die Lislinl Broker his saen. for die pnrpose or Ilvln¡ and ....Iviol no'lc:es ponuanllO !his .....ment. '!' 22. Notwithstanding any tênns orc:onditions ol1tlined in t~ prinlld portion herein. an)' provisions written ortyped intolhis Offershali be Ihe true termS andshall supersede lhe printed portion in respec:t 10 lhe parts affected Ibmb)-·. This Agreement shall constitute the entÎre agreement between Pun:twer and Vendor and there is no repn::- !entation. wananl)'. collateral agreement or condition affØinllhis Agreement or the property or supported hereby other Ih:In as e'ltpreued herein in writin.. This Agreement.baII be read wÎlh all ell..... of øander CO' number requireáby the c-. IN oNITNESSwhereof I have hereunlO see my hand and'Seal: ........~.:. .~. X'.~~o............. . Date~.,^-\...,-. ;1,\-\.,%- (PtICdIaser) ~\ . . . . .. . . . .. . .. . . .. ',;.;,;,.;.;,' . .. . . .. . .. .. .. . Dale...:.......... The undeniped accepts the above Offerand aar¥S. with the Lisdal Ekokerabove named in consider.llion for his services in procurinl the saiil Offer. to pay him on me date &hove fiedror completion. acommissiOß of ßl J.. . . . 'I oCaa amoumcquallO the above menlioned sale price, which commission may be d«tucted from thedeposit. r heteby mv_ly 1_ my Solicit« 10 pay direc! 10 die said Usân¡ Broker any unpaid balance or c:onuniSSÎon rrom die proceeds of the sale. DA~""", .r1 r.-. ~.(~.................... IbIS..1~. ~Yof.... ,.ry~..f'!:' SIGNED. SEALED AND DELIVERED ~ .,beseofl ba.. bereanlO Sf! my hand and ...1: :n.~=.o~:......................... ~~~ .......... DaIe.~/læ ·.DaIe..¥:~d ............................... dlls.24.tb.daYof. .AUGUST......... .19.88.. .................................... s nsofThe Family Law Ac.. 1986. The Undersi,ned Spouse of the Vendor hereby consents to the is In consideration of !he sum of One DoI\aI (SUJO).dIe ....ipl of which rrom die Purc:~ Is hereby acknowled¡ed, Ibe undenigned ~ of the Vendor hereby _ _die Purc:h1lSfr!hat heI~ wUl execute all necessuy 0< incidenlal docume¡IIs 10 ¡ive ftdl force and eff... 10 Ihe.... ..Ide,.c.d hereon. L. . . . ',' . : . . . . . . . . . . . . . . . . . . .. . . .. Dale.............. Wi,;,w········..························· . ACKNOWLEDGEMENT [acknowledge receiptormy signedcopyordris acc:tpted A....mentofPun:b- lacknowledae ....lpI ofmy signedcopyorthis accepredA.........ofPun:h- ase and' the atd. cop k) (l ~I~. ~ b-c- ase and Sate. and di~ me agent to I'orwud a copy to m) solicitor. . ... 0.. .7f..1'rM. ...... "~"'1\~4c........... DIlle ...s.e;~J:.,.. (V_ .. . Dale . ¥.ti.rr. .. . .. . .. . ¡,;.;.;,;,,' .. .. .. .. . .. .. 0.... .. .. . . -: .. 7," T;¡)" .~5(, l't'~· ~~ Teltphoao: .l?'I!J... .3.fI. .-:-:.3.y. 6.............. Vcodoc'sSoHc:iIor .. F_ .5..... .VY( 1s.~......... . _ ß(I1.f:.¡...ç,.~.~(.f)~>f( ~~~·~(€;rjf.r~j~ fORM No. 101 ~ Addresa: ....................................... T.lephodo: .~.~":\7.9.~':è..~....... .... ......... ~sSollcilor Olsen. .&. .Ro.tbw;g..... ........ - ROy, St.... ...Kit.chene.!;,. .On.t. ..................................... 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