HomeMy WebLinkAboutKIN 88 061 Sale of Ld - McVeigh
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THE CORPORATION OF THE TOWN OF KINCARDINE
BY-LAW NO. 1988-61
BEING A BY-LAW TO SELL A PARCEL OF MUNICIPAL LAND
DESCRIBED AS PAR'!' OF LOT 25, EAST SIDE OF PENETANGORE
ROW, PLAN 61, IN THE TOWN OF KINCARDINE, COUNTY OF
BRUCE
WHEREAS Alice and Gerald Mcveigh have 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 Alice and Gerald Mcveigh 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 25, 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 September, 1988.
~"'~~ 1------
Mayor
READ a THIRD time and FINALLY PASSED this 22rd day of Sept~mber
1988.
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SCHEDULE "A"
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DYE.. DURHAM co. LIIIIITB)
FarrnNo.118
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OFFER TO PURCHASE
AGREEMENT OF PURCHASE AND SALE
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(as Vendor), through
H/7¡.,)/J .. H' HÇ~I2¡tU.tJH'H .H/l1C.?JÆIGt'f.
... . of Hj(IIJ/CI'T4'UN~.
HTOWIII HHÜF. 1</'.NC!.AÆ?t::uW¢;;HH
HNO
. . (as Purchaser) havIng Inspected the Property hereby agree to and with
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of the H 7ÏJ. will.
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Agent for Vendor
.~ha8emland S;g;;;;: ;I~~maonth. é/95r...... Hslde of
)I knoWn as "H"'H"'H"'H ..H...H.............H...H...H........H.
.......... ¡<?E:/V ~rÆ NG,t;> RE.
HHof ....H .¡«lNCAROIAlt;::H
Æol..()
. . . (hereIn called "the Property")
having frontage of abÒUl H H ¿, (; .'. H H' H more or loss, by a depth of about H.'¡ <,-</'H
being 'H.f?8..RT'HOEHHH' LoINo. . <:9'£'H .. according ID Ptan No. HHH'&./HH'
~~ In'he tni [og7",1šfff.f.' H I ~ Æ.~() O~ H H ,47,!/lCI!~ ~ H~ I!~ £ T
at the price or sum 01 . .... /.1.(/ Æ. TV. H' E/. U£:.. H...../ -UOLl.Sfl..JJ,o.. Dollars ($ H3 Q..~)
as follows: . . FI.VI!:H 'HH H.f.-I..UIIILJI!i!£.J:)H ........ H H H' Dolla.. ($.... ...;5".;<>:Ú., "'1'
cash or certified cheque to the said Agent I Vendar on this date as a depol3it to be held in trust pending completion or other termination 01 this Agreement. and to be credited
on account of purchase money on closing. and covenant, promise and agree 10
. .. more or less.
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Order
/07.
subject
passing
to the Council of The
a by-law for the sale
Corporation
of this land.
1M ~ tepFElsentS alidwarranta that during the period of hil occupancy of the Property and, to the best of his knowledge, prior thereto, no building on the Propeny
_ ÖIiIn insulated with urea formaldehyde foam ¡nsulatton. Th. warranty shall survive completion of this transaction.
An fixtures shall remain with the Property, except:
and the totIowlng chattels, the property of the Vendor, shall be inciUded in this sale for the price Ibove-mentioned:
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This OIIor shal be irravocabla by 1h,~~~Ç unlll. J/.:S<fP.M. on lho.,..,.,. rR (p.....,....,..,. clay of ..,BU.C;.U.6.T ..,. .lgSS'afta, which
time, tf not accepted, this Offer shall be null Bnd void and the dèposlt returned to the Purchaser without interest or c:tecIuctIon.
PROVIDEQ the title is good $.nd free from all encumbranœs. except as aforesaid, and except local rates and minor easemetdl tor hydro, gas, telephone or Qke servioes
to the Property; said tllle to be examined by the Purchaler at his own expense, and the Purchaser not to call for the production 01 any tide deed, abstract of tttIe, survey.
proof or evidence of tide. other than those In Vendor'8p1tTtn~or underhål control; and provided the same have been complied with. the Purchaser to accept the property
subi8Ct to MurNdpal requirements, including building Bnd zoning by.Jaw8. minor eal I mthd& 88 above-rnentioned, and to reabictionI and covenants that run with the land.
Tha Purchasa.'ID be mlowad ðc;:t::,. ._;;oJ ~f' _from tha clalaof accaptance of this Ollar 10 Invos,iga'.'ho litis ot his own eXPO"", and II wllhln that tlmo ha
shaU furnish thè Vendor in writing with any vãiid ·on to the title. or to any outstanding Municipat work orders or deficiency notioeI affecting the Property, or non-compMance
with zoning by.....ws. or that the present use of t Property may not be lawfulty contfnued. or that the buildings on the Property may not be insured &q':inst risk of fire.
which the Vendor shall be unable or unwining to remove or correct, and which the Purchaser will not waive. thls Agreement 1haII, notwithstanding any Intermediate acts
or negòtiations, be null and void and the d~ money returnecllO the Purcha8er without inler881 01 deduçtion, and the Vendor and the Agent shall not be liable for any
COlIS O! damages. s.ve as 10 any valid objection 80 made within such time, the Purcheser shall be conc:Iusivefy deemed 10 have IIOC8PIBd the ti1I8 of the Vendor to the Property.
The Vendor hereby consents 10 the municipality releasing 10 the pwchaser detaiII of all out8Ianding Municipal work orders 01 deflclency notices affecting the Property.
Agrao",ont shell be completed on or befora the ..~ ¡/,. ,s.C. /~ <lay of... . ~.O...... .. 1988 on which date vacant po.. It... of the
Is to be gtven to the Purchaser unless otherwise provided for hJêîi1.
- Y_.' .. Ion of sola all buildings and aqulp_1 on the P_ sholl be and _ ot tho rial< of the Vendor until_ng and tho VoIMIor will hold ml DOIIcIos of Insurance
." on the Proparty and Iha )I'OCMds _ In trust for tho partiaa _. ..their 1n1_ may _. In the ovont of'-'-Io 1he solei buildings and aquipment
; I..... ·the<»mplatlon of this "'_. the Pun:hasershal_tho """'ID aIact ID"'" such ~ and oornpIotøtho~. or~ this Agraomont. whereupon
Ifte ~ shall be entllled to the retum, wIIhout IntereIt or deduciìon, of aH moneya lhe,èbA,.ð paid on accooot oIlhII purchaIi:.
Unearned tire insurance prwriums, fue1, tax"' inl8r88t, rentaI8 and aN IocaIlmprollltlMnla and water rates 10 be proportioned and allowed 10 the dale of completion of sale.
Transfer/Deed 10 be prepared at the expenøe of the Vendor In atorm A ~ IlbIe to the Purchaser's Solicilor, and it. Charge/Mortgage is to be given back. same to be
prepered.at the expense of Ihe Purcha8er on a form accepIabMi 10 the Veßdor"s Sofichor.
Tha T,.".. I Deed ID be given ID thÓ PurOIIasor _I conIaIn a........... o...Ø>IOd by the V_ and the VoIMIor', -. pu....ant 10 Saction 49(21a) of the Planning
/d. 1983.
This Agr_' shall be _ ID craala an In_"n tho rooJ _ only ff tho _Ia land division provisions 01 the Planning Act ora oomplied with, and the V_
ag'oos, al his axpanae. ID comply with such provisions and ID procood dIigonIIy wIIh the application for such oompllonco.
The Vendor, on or befont compfetion, will produce evidence lI1at he is nøI now, and upon completion will not be, a "norH'eIident person" within the meaning and for the
put'pOI8S ofSecllon 11801 the Income Tax Ad of Canada or If he is a ..I'lOl......... person" will fully comply wüh the pnMslon8ofSectlDn 118 of the said Act prior to COdlplelion.
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'l-t..Atfidavtt orA\o$îder"'" and 01 Vmuo of the consideration requlAld under .... Land T"'....... Tax "'" shml be propored by the Pu~asor.
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" th..Spouu of the Vendor has not executed this Agreement; thèv.K:I~fr8preeent1: irid J.írants tha1the cotnpaetion of this trans$CtlOn will not contravene theprovisiôna .
of the Family Law Act, 1988. '.'~
This Offer. when aooepted, shall constitute a binding oontrøct at purchsae and sal., and time In -all respeots shall be of the essence of this Agreement.
It Is agreed tha1 there is no representation, warranty, collateral agreemenhw condition affecting this Agreementòr l,"r:Property or supøbrtecl hei'eby other than "as expressed
herein in writing.
Any Í8nder of dÔéuments or money hereunder may be made uponthe~ or Puroh8Øl' or upon the Solicitor acting for the party on whom tender .. deUed, and It
shall be sufflcient that a negotiable certified- cheque be ~~CllSh" " :" .
Each party 10 pay the costs of reglslrallOn and taxeS -on his own doCUments.
This Oller 'I(!dlt$ ai:coptanoo ID be read WIllI all QI>orIQes ofjO_~ flUmber requlAId by thé context
..day of . HPUt;üsT H.tg..P.1?
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DATED at. ..kí/l/tY:l1f! t:ulÌJl:£..
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IN WITNESS WHEREOF.~...howI hereunID so, . ~hancd..-,.snd som.
SIGNED, SEALED AND DELIVERED
in the presence of:
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llWE, ~ accept the above Offer and its tør.ms, and covenant. promi8iiJ aod-sgree-to and With 1het above·named purchaser to duty eany out the same on the te(f"1 and
condiIior>s'-mentloned, and. . .. .. . .. . horel¡)<aocept III! dèpao~ of $. .> ,.. . .. . . . .. ~ . . . , . . out DI.which the Agent . . . hereby authOriZed to
;retain a conmission of.... . per cenl of ,an amount: equal to the above mentioned' sate price; PROVIDED that no commission shaJl be payable unless
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and untIllhis transaction ~ cornp~.._ \
The Spouse of the Vendor hereby consents to the 8418 of the PropéI1y à1nd. agrees 10 jotn in the ConveyaftQe thereof.
(SttIkeoutabovøNnottlpp/lœÞ/fl)
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DATEDAT.:.,K/~/UN/I!s;,HI..iDNT.. .....Ihis... .¡fl..¡!/,
IN WITNESS WHEREOF...We. . . have heraunID sot. .o~r.. "handS. .andsoal.
SIGNED, SEALED AND DELIVERED
In the presence of:
I _ '. _ga receipt of a signed copy 01 this accopted Ag~ of
~'ancI Sale. . . .' '
(VendOr)'
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Address: .
Tato¡>honO No.
Vendot's ~lcltor .
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PUrd1818 and Sale.
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