HomeMy WebLinkAboutTIV 88 005 addendum re arena
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THE CORPORATION OF THE VILLAGE OF TIVERTON
BY-LAW NUMBER 1988-!J
A By-law to enter an Addendum to an Agreement with Bruce Township and the Township
of Kincardine.
WHEREAS Chapter 80, Section 4 of the Community Recreation Centres Act R.S.O. 1980
authorizes the Council of a municipality to enter into an agreement with the
Councilor Councils of any other municipality or municipalities for the joint
establishment or use of a community recreation centre.
AND WHEREAS the Village of Tiverton has entered into an agreement with the Township
of Bruce and the Township of Kincardine to jointly own, construct, maintain and
operate the Tiverton and District Arena, on lands within the boundaries of the
Village of Tiverton.
AND WHEREAS the said agreement is now to be altered by an addendum thereto;
NOW THEREFORE the Council of the Village of Tiverton enacts as follows:
1. That the Village of Tiverton enter into an addendum to the agreement with the
Township of Bruce and the Township of Kincardine dated November 11, 1986.
2. That the Reeve and Clerk be and are hereby authorized, empowered and directed
to execute the addendum, a copy of which is attached hereto and forms part
of the By-law.
READ A FIRST, SECOND AND THIRD TIME AND FINALLY PASSED, SIGNED AND SEALED THIS
,13/!/J DAY OF ¡:~ 1988.
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ADDENDUM TO THE TIVERTON AND DISTRICT ARENA CONSTRUCTION AND
OPERATIONAL AGREEMENT DATED THE 11th DAY OF NOVEMBER 1986.
Between:
THE CORPORATION OF THE VILLAGE OF TIVERTON
arid
THE CORPORATION OF THE TOWNSHIP OF BRUCE
and
'" THE CORPORATION OF THE TOWNSHIP OF KINCARDINE
WHEREAS the parties have entered into an agreement concerning the division of costs
'for the construction, ownership, maintenance and operation of the Tiverton and
District Arena.
AND WHEREAS a question has arisen as to the division of responsibility in the event
of the fund raising committee is unable to raise sufficient money to cover one
third of the cost.
NOW THEREFORE the parties in consideration of the covenants contained herein
covenant and agree as follows:
1.
The parties hereto shall share the cost of the construction of the said arena
including any costs resulting from any increases in the cost of construction
of the arena in accordance with the ratios set out in paragraph 4 of the
agreement dated November 11, 1986.
2.
If the fund raising committee should fail to raise one third of the total
cost by public subscription then the parties hereto shall pay such additional
amount as may be required to complete construction of the arena in accordance
with the approved plans, each municipality paying one third of such additional
amount within 60 days after being so notified of any such deficiency.
3.
This agreement shall be effective on the 12th day of February 1988.
THE MUNICIPAL CORPORATION OF THE
VILLAGE OF TIVERTON
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THE MUNICIPAL CORPORATION OF THE
TOWNSHIP OF BRUCE
PER
Reeve
Clerk
THE MUNICIPAL CORPORATION OF THE
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