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HomeMy WebLinkAboutKIN 88 064 Sale of Ld - Strong . . THE CORPORATION OF THE TOWN OF KINCARDINE BY-LAW NO. 1988-64 BEING A BY-LAW TO SELL A PARCEL OF MUNICIPAL LAND DESCRIBED AS PART OF LOT 23, PART OF LOT 24, EAST SIDE OF PENETANGORE ROW, PLAN 61, IN THE TOWN OF KINCARDINE, COUNTY OF BRUCE WHEREAS Ivan Strong 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 author ized to execute such documents as they may deem adviseable to convey such lands to Ivan Strong 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 23, Part of Lot 24, east side of Penetangore Row, Plan 61, in the Town of Kincardine, County of Bruce. READ a FIRST and SECOND time this 1st day of 1988. September, ~/~ Mayor READ a THIRD time and FINALLY PASSED this 22rrl day of September , 1988. - Mayor - :- ~¥---.,~, ~~_...-,," ~ :. ".-_"w - -' '- .;,.,¡ '-~ . ~ < ""_Jf"~ad "fI"', tØ1Ø . Dvea. DuthaM Co.limib!d. IBOBarIIlyO,Iv1I. To,oolO Form No. HI OFFER TO PURCHASE AGREEMENT OF PURCHASE AND SALE "WI!. ...... ......!Y~R.~m()~n.. ç ty... TOI~~...0f....K I r¡C^11U INE .....'''''''''..............'''.'..''.................'''..:..................,..;................................................................... oflh. ....... .. oI.......................ß.r.~!I!P.t.!;U1...............".......,...(H puroh...,) h..lng In.peoled lhe Woperty h.reby agree to end wllh .............,,,. .........,....................."................,.................,......."......"...................................................................., (ftll vondor), Ihrouøh ."...,..... ..".....................N(~".....".."........".".........."......,.................. ................................................... Agent for vendor ~h'" on nn.d .Ingulo, Iho p,o,,,I... .11..1. on Ih...............~ª.~.t...............ld. oI..............p..I!Jl,t<!J!99rl!...R9W....................... . .. ...... S..... ...... ....... ... ......... ...JO'WI'........ .... .... .................................... ....................... 01 ...............Kt~.!:.ª'rØinl!,........................... ... ..... ............ ..shown...as....outlined . in..r.ed...on...the...attaç;.bed...:;¡ç;. :Iedule............................................... (h...ln eoll.d "the '.01 p,ope,ty"} IS I ho.,nø"ont..nof~6G. Teet "'1IÞ·~·t"'2ï/,-"'Ie...bY'dlpthOlobO:it "6/64. Jee~ ....... ....... '" being .......~......................................E'.t.. Lot No. .23.....~....~..... ....... .oo«dlng 10 PI.. No. ............................... ........ ~ . .1.S.. .. Regla'ered In tho I1Igl.I,y 01110' ...........~.r.\!.ç.I!... .çQ\!.nty........... ....... .............. ............1........................................................ ..................... .t Ihe p,le. 0' oum ol......TlII rnv-F.I VE...JUOUSAND................................................................................................................... oona.. (1....3.5....000. QQ. ..I ..Inllowtl'. F I VJ ..IWr QIŒIJ.~~.~~~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.:~.~.~.::~.~.::~...... 00110.. 1s....5PP.PP ....) nlrJ.r I'll Uff 1J chnqlln 10 'hft IInllt ....,..,V.ndnr on Ihl' dlle II . depoltt 10 be held In truet pending oompletlon or oth.r termination of this Agreement. ftnd to be euuUlnd on Rccounl n, f)Urn""." nlnney nn llloilnl, and eoven.nt, promll. and Igree to' pay tlH! bnlnnce of t.hn 11I1I'ch"90 price by cftsh or certified cheque on closing, subjec.t to the uSlln 1 nIIJ1I9lllllHl.tJi.. ..... -- ';'" Vendor a!Jrcc.~..to·ø:~~Í'IJ.! full water and sewer service to property lirie. ~......' " ". r ", Survey C()~.ts to be på{~by the Towrr of Kincardine. .. .. .. @~:I:::I:;~~!~l~~~~~ ~I'~:'I:::: :: :::~B:::::~ications. ~is offer\:/~i:d~~a1 upon the Council of The Corporation of the Town of Kinc.ardine passing ,"> a by_-1aw t.o authorize the sale. An rlduroe ,hllll ,,'nut," with Ihe '''"'Hitty. ItKen",: nnd Iho followIng chAIt,.I., Iho ,,'IIPfI,ly nf Ihe Vendnr, ,h,1I be Inaluc:htd In Ih.. Hie for the price ebove-mentloned: /iJ V'I/ 6 Thl. OlIn, .hnll Ion trr..o~;:' ~..,'" ...U ;..5..9. P.M. on 110. ................n~1.............. dey oI.............AIJ.glJ~h........ .........lg.l3.l3.. a"er which lima. U not ncr.nf.tnd, 1111, Or"t, 1",,11 hit null Alld void end the dePOlIt ,ølUfned 10 the Purchl..r wnhoullnter..' 0' doducllon. pnOVIDED Iha 11118 II good IInlf ""11 'rorn 1111 nnclunb'lnces, IROOpt I' .foreUlld, Ind except local rates Ind minor easements for hydro. gas, telephone or Uka IIInrvlcl'l" In Ihn proporl)': ,,"lrl till" In hn "I"mlllnd b, Ihn Puroh""" ft' hll own expenlo. end Ihe Purchaser not .to calf lor the producllon or any 11110 deed, nb1J''''cI of IIlIn. IUllvnYt "ronf '1' ftvldnrll'n of tltlft. n'hft' Ihnn thnee tn Vendnr'l "Olllolllon or under hi. control; and provld~d the same have been complied wIth, Ihn f'nrr:hMn In ItceoN Ihn 111111'nll)' IUh/",:111I 'MUnlclpal requlremlnll, Inofudlng buildIng Ind z:onlng by-laws, minor .asements 8S above-menlloned, IInd 10 UlltrtcUnn I ð nil Ihnt 'INI willi t Ie hlfld. ç until Oc.tober 31 1988 Thn rmd""ulr' " ðd. . &ttxXXXXXX1lil¥l~X61iA~~ 10 Investigate the IIIle 8t hIs own expense. end If withIn that time hn ..hllll fUlnlflh II n,ulnr In wI11I1I1I willI nllV vnll,' nhJncllon 10 11111 tNIn, nr to Itny Dulllandlng work Otdors or non·compllence with zoning by. aw9, or 'hal thf1 þro"""1 unf1 nf Ih" rHopo,ly IIIny nflt hft Inw'ullv r.llulhIUDd. or thnt the buildings on lhe properly may nol be Insured agalnsl rIsk 0' Ure. which the Vendor shnll hit tH,nhl" or 1111Wlllln{1 In tnlllflyn IIf Mllffftl11, nnd which 111ft Purc:hnenr will nol walye. this Agreemont 'hall, nolwlthstandlng any Inlermedlate acls or noøotlntlOrts bo null nnd voId nnd Ihn "nI1ll'" mutiny relurnod to the Purr-hnler wnhoUlln'erest or deduction, and Ihe Vendor snd the Agenl shall nol be liable for nny coels or dnnu'O(ls. Snvn nil In nny y"tld ohJnr.llon '0 mid. wllhln IUch Ihne. Ihe Purchllser shall be conclusively deemed to have accepled Ihe title of Ihe Vnndor to Iho utnl property. Thl. ^gl..mnnl .hnll ho eon'plolod "n .. hol..o "'0 ........... .2.9.th .... doy 01 .. ......IIQ.Y.e.!1tIe.r.................. 19..6.6.. on whloh de'o ..oont po.....lon .' rosl p,operly II I~ be OIVftIl ,,, III.. rlhah"lflr, or he II to allGAr' the pre..", "nllfta~ end to be ,nutled 10 the receipt of rents and promt thereaner. , plnflnn of ."Irt nil hnllilh'fltl "nil fI'lUl'llIIrtll1 ntl thft þrOf1orly .1I1I1t h" "lid remnln at lhe risk 01 Iho Vendor unlll closfng and the Vendor wilt hold all I of "umr",,,:ø olflJr.lod till III.. flll"lftl v "'If' ,ltft plocnodtl 'h.ron' In bu.' for the parties herelo, e, thlllr Inlerest5 may appe~lf. In Ihe evenl or damage , <1nld bul"I"!"" ",,11 nqtJl ll1lnltl lulll"" Ihn nOfll,llnl1on 0' Ihll t,nnlftnlfon,llIe Purchal.r Ihell have Ihe rlQhlto eleello take such proceeds and complete th8Þurr.h"lIO, f'r tJ"nr.ol thll ^Ø'''''lI1ftlltl whft'ftUfUlf1 Ihe ruroh".r III"q he In It.,d to 'hi return, wllhoot Inler", or deducllon, of III moneys therelofore peld on IlIeoU"1 0 Ihl, þurnhftllrt. \. Uneernød ftr. Inlu"mr.. pranlluml. '".1, tlll"l, 1111",..1, rlnl.,. Ind IIIIDGII knprovemente end wltlr ",.. to be proporlloned and sllowed to the dete of com- þlel10n 01 ."'e. ' . t . , Dood or TrntH!'''' In he prnpnrnrf nl thlt "MI'"tHln or the Vondor on I lorm Icceplable to Ihli Purchaser', lollcllor, and If a mortoøg. Is to b. olven Þack, leme 10 bo ptt1pftrnd ft1 Ihn n""onle 0' 111ft f'ufI!h"lInr on III lorm Iceeptflble to Ihl Vendor end drlWn pursuant to The Short Forml of Mortaagel Act. Onlarlo. Thltt ^ørftf1fUtlnt ..lIntl hft er"tr.llvn In flt"nlft "" fnltn.."t tn the relll prnt'lttf'1y onl1 " the .ppllclbJe lend division prO'llslons of the Planning Act .re compiled wllh. nnd Ihn Vnrttlnr "aIMI. 1111 hit 8"'''W''''1 In anm".y wtll'lUah provlllonl and to proceed dlhøentl)t wtIh the lPPI'cltlon for .uch complllnce. ~. Tho Vnntfnr na,nnflr n".t h.. will nll"'I'lv wMI. Ihll ,nnvlr,lnn. of Th. hud ""'oulaUon T8X Act, and any amendmenls Ihereto, Rnd thlt he wlM produe. evIdence thnl fin 'If not II nnn·r",'rfnnt of Cnnnd" within lhe nMI"nlno of the lneøme 'II Act. or If h, II I non.....ldenllh.. he wIll comply with the prOYlllonl of Section 1t8 Qt Ih. 'ncome Tftx Act. 10""" -"'.- ,- ~. nu, "urc'"Uðr "m",,1I fa Þrnrfuclt ftylr'"nm, U.... ha I, not I nDn.ruld,nt Dr Cenldl within thl meanIng 0' The land Trans'er 18)( Act, or " he 1;- 8 nolh.,""--¡- n~lIIldltnl, tn Cnltlfl Y w1th the mnYlllhlll' 0' nu. ..hi Act. .. ¡¡- TI1I8 after, whon nccnpled. flhnll cnnlfJIulfl I bInding contrlct of þurchl.. Ind ule. .nd tlm. In .n respects 'sh,1I be of the eSlence of thJ, Apreement. It III nQrfln,llhnl ",ou' III nn '''I'P''"""'''''"". W.",lIIty, collater.' .ø,..ment or oondltlon ."ecllng this Agreement or the reaf property or supported hereby nU"" '''nil n" ""f'UI!lAnd horn III "wrltlno, Any 'find", 01 d,u:mnnnUI nr "1fI1I"Y h",nuntl", 'IlnV hn "'Ado up.nll the V"ndor or purch.ser or upon the lollcllor acllng ror the party on whom tender 19 de- I'I"nlf, nl1d It I'Ihnll hn lIuUlC ""t Ilnl I n"goIlAh'" co,tltled cheque be lenderld Inlt8ad of cash. t, , Elich þtt,ty 'n rlAy Iho COSlIl or rn(lI"lInllo" liPId 'axoI on hll own document.. This Offor nnd 11111 n~cttptnncl'l In bfl ,nnd wllh l1li11 ohøngo. or Gonder or numb'r required by the context. . ' OM m .1 Brampton Ih'o I~ dlY 0' Augus t, 1988. . IN WIINr~9 wlIEnror høvI hereunto lei hInd and seal. , IIWE, hnfl~bv ncc4'lþt thn ow. nff , "lid lit '''rmll, find (lovÞnllnl, nm lIe end agr.e to and with the aboYl-nemed Purchaser tø duly carry out the same on he,ebv ...", Ih' dnp..1t of S 500.00 .....,¡...¡,¡."."'....,...~------"'-"'f...,h..-- -fnm 'in' nrt:mr- - - ... ~"'lntfl'l'l f'Irt .,.f-... ... pt'tf'" eMl" ""'1 an,ðtfl'tf<1Ht_ 40--.... ettoote- ",entfel't041ele .,rllN't PAQ.Vf9&().tttet-ne"'C'e",",'uft!ÞO"-9'hetlJ. ~1m~mM'm~n~~~m~ffmrmmm~~~~m~- ..·,'"··"·..·,'''',···,..·,·····,,,·..··..··,··,,..·Pü;·chøiiir· ...,..................,...............,..,.... . . , (Affix S..I) SlONro. ~rAtro AND 'n IlIn p,olnncn nfl .......,j~....."""..,,..,,=,. Purchaser .................... ....'.m...'........... (Arn.. Seal) Thn SnoU8o of III" Vnndor ho,ohV oOl1nnnla In tho .,,'e of Ihe rent' properly find agr'.' to loin In the conveyance thereof. (St,11ut out øboVlI1I "", IlflP"Cllblf J August. t~'iÌ.å. ~~....~ . I c",~ .,.- .". hands and leaf. .::' .--:: _-- ~ _,..-.r>~ "..",......~~.....,~.,·~;.II~SO.,) Vendor:- _._,;-" _-:'!::::-. ~ - --::;.... .=''''~ /.........;: .;:; ~...~ --" '" '" ..-.;...;;,,__...:...:_~....,.p..rnx Seal) ~~" ';",~~~::-. :.~:~:,.>" , . Vendor DA1ED .1 K I fica rd ¡ flO Ih" ft?#I d.y aI IN WII NrS9 WIIEnEor httVG horeunto aet our SlONrIJ, SrAl.ro ANn DrLlVrllrn In Ihn 'J!tlf"UlCI'I 01: """ ............ .'.......,...........,,,..,". ""'''''''''''''''''''''''''''''''''''''''''''''''''''''''''''' .,....." .. .....,..!AH~ S"I).. ,$:POUle of the Vendor I Þ6rl'!br, "drflowlrtd,," 'ðt:ß pl 0' .'Ul1l'1ft ro""y of Ihl" accepted Agreemonl or rUIC Inl'l" 111,,1 !;nlff. , hereby 8cll:nowfedge receIpt of Ilgned copy of this accepted Agreement of Purchalle ønd Safe. n.,. ...,,,............,,..,,..,,..,, ..""........"............ïPüföìi...iï..'......"....'... .....D.1e (Vnndo,) . ..0..,. ..,."..."""..."."..",,,...,,.. ...,,,'............'...,........,...,...,...,............,..................,..Dale. (Pu'oh....' ................. IVnndnr) Addrollllt: .".,.."".,.."...""......'.."".'..",,,,.,,, Addr...:.,...~.~"Hª.r..ª,...ç.r.~,~.çg!1.t.~,..~.r..ª.I!1PJIJ.I1,'".Q11 t.a.. r:.tO ... Tolophone No. ....,....,..."...,...,....,....... T".phone No."......4.!i7.~,7.911.9... .... ......,. .". ..,..,.. ........................... 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