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HomeMy WebLinkAboutBy-law 1019/79THE CORPORATION OF THE TOWN OF PICKERING BY-LAW NO. 1019/79 Being a By-Law to authorize the execution of a Subdivision Agreement between Runny- mede Development Corporation Limited and the Corporation of the Town of Pickering respecting Block U, Plan M-1039, Pickering (Draft Plan 18T-78044). WHEREAS, Runnymede Development Corporation Limited has subdivided certain parts of Lots 23 and 24, Concession 1, in the Town of Pickering in the Regional Municipality of Durham, and registered plans of such subdivision as Plans M-1037, M-1038 and M-1039; and WHEREAS, Runnymede Development Corporation now proposes to further subdivide that part of Plan M-1039 designated Block U on that Plan; and WHEREAS, that proposal has been approved by the Council of the Corporation of the Town of Pickering and the Minister of Housing, subject to several conditions, one of which requires the entering into of a satisfactory Subdivision Agreement between Runnymede Development Corporation Limited and the Corporation of the Town of Pickering; NOW THEREFORE, the Council of the Corporation of the Town of Pickering HEREBY ENACTS AS FOLLOWS: 1. The Mayor and Clerk are hereby authorized to execute a Subdivision Agreement, in the form attached hereto as Schedule "A", between Runnymede Development Corporation Limited and the Corporation of the Town of Pickering respecting Block U, Plan M-1039, Pickering (Draft Plan 18T-78044). BY-LAW read a first, second and third time and finally passed this Third day of July , 1979. ,K) VIV, r i i SCHEDULE "A" TO BY-LAW 1019/79 THIS AGRr:TMEN'T made this." day of , 197:. B E T W E E N: RUNNYMEDE DEVELOPMENT CORPORATION LIMITED hereinafter called the "Owner" OF THE FIRST PART, - and - THE CORPORATION OF THE TOWN OF PICKERING hereinafter called the "Town" OF THE SECOND PART, - and - CANADIAN IMPERIAL BANK OF COMMERCE hereinafter called the "Encumbrancers" OF THE THIRD PART. WHEREAS the owner has sub-divided certain parts of Lots 23 and 24, Concession 1, in the Town of Pickering in the Regional Municipality of Durham, and registered plans of such subdivision as Plans M-1037, 1038 and 1039; AND WHEREAS the Owner now proposes to further sub-divide that part of Plan M-1039 designated Block U on that Plan; AND WHEREAS the Encumbrancers have certain rights or interests in the nature of encumbrances relating to the lands affected hereby; AND WHEREAS therefore the Owner, with the consent of the Encumbrancers, proposes to register a plan of subdivision of the lands affected hereby, as shown on a draft plan of subdivision prepared by H.J. Koester, O.L.S., dated April 25, 1978, revised September 28, 1978, as Draft Plan Number 18T-78044; NOW THEREFORE THIS AGREEMENT WITNESSETH that in consid- eration of the Town approving the said proposed plan of sub- division, and the covenants hereinafter expressed, the parties hereto covenant and agree one with the other as follows: - z - PART I - PROPERTY DESCRIPTION 1. LAND AFFECTED The lands affected by this Agreement are: All and singular that certain parcel or tract of land and premises situate, lying and being in the Town of Pickering, in the Regional Municipality of Durham and Province of Ontario, and being composed of, All of Block U, according to a plan registered in the Land Titles Office for the Registry Division of Durham as Plan M-1039. - 3 - PART -I-I-- SERVICES OWNER'S GENERAL UNDERTAKING The Owner agrees to complete at its own expense and in a good workmanlike manner, for the Town, all the munici- pal services as hereinafter set forth to the satisfaction of the Director of.Public Works for the Town of Pickering, and to complete, perform or make payment for such other matters as may be provided for herein. CONSULTING ENGINEERS The Owner agrees to retain a Professional Engineer as the Consulting Engineer of the Owner to carry out all the necessary engineering and generally supervise the work required to be done for the development of the subdivision. Such Consulting Engineer, or any successor thereto, shall continue to be retained until the work provided for in this Agreement is completed and formally accepted by the Town. STORM SEWERS The Owner agrees to construct a complete storm system including storm connections to the street line and catch basin leads to service all the lands on the said plan of subdivision and adjacent road allowances and to provide capacity for lands upstream of the subdivision, according to designs approved by the Director of Public Works and according to the specifications of the Town in effect at the date hereof and to maintain them, including clearing any blockages or debris from whatever cause until they are formally accepted by the Town. Such sewers shall be constructed to an outlet or outlets according to designs approved by the Director of Public Works and shall be of sufficient size and depth and at locations either within or outside the subdivision to service the subdivision and the aforementioned lands outside the subdivision which, in the opinion of the Director of Public Works, will require their use as trunk outlets. Should, in the opinion of the Director of Public Works, an inad- equate stream or structure exist in the outlet system outside the subdivision, the Owner may be required to carry out such works as are necessary to provide adequate outlets. The Town may connect or authorize connection into any part of the system but such connection shall not con- stitute acceptance of the sewer system by the Town. ROADS - ROUGH GRADE Prior to the installation or construction of the rele- vant municipal services provided for herein, the Owner agrees to rough grade to the Town's specifications to the full width the proposed road allowance shown on the plan of subdivision. The Owner further agrees to keep all boulevards clear and free of materials and obstructions which might interfere with the installa- tion of electric, telephone, gas or other utilities. 6. H07,DS - PAVED The Owner agrees to construct the road shown on the plan of subdivision according to the specifications for paved roads of the Town in effect at the date hereof including Kitley Avenue, insofar as may be necessary to provide an adequate access. The specifications for boulevard grading, sidewalks and sodding shall apply to existing roads adjacent to the said plan of subdivision. The Owner covenants and agrees that until assumption by the Town, it will main- tain and repair streets both within and outside the subdivision where construction has taken place or that are used by construction traffic entering the sub- division and keep them clear of dust, refuse, rubbish, or other litter of all types. The Owner will erect and maintain adequate signs to warn all persons using the subdivision road that the maintenance of it has not been assumed by the Town from the time that it is opened until formal assumption by the Town. CURBS AND GUTTERS The owner agrees to constructcurbs and gutters on the road shown on the plan of subdivision, according to the specifications of the Town in effect at the date hereof and to maintain them until they are formally accepted by the Town. If any curb depressions are not located correctly with respect to a driveway, the Owner shall construct a curb depression in the correct location and fill in the original curb depression according to the said specifications. SIDEWALKS The owner agrees to construct a sidewalk on the west side of the road shown on the plan of subdivision, from the northerly boundary of the plan to a point approximately 73 metres south of that boundary and such sidewalks as are considered necessary on all roads adjacent to the said plan of subdivision accord- ing to the specifications of the Town in effect at the date hereof and to maintain them until they are formally accepted by the Town. UNDERGROUND ELECTRIC DISTRIBUTION 6 STREET LIGHTING Underground electric distribution services shall be provided for all lots and blocks within the subdivi- sion according to the standards and specifications of the appropriate authority. The Owner shall make such financial arrangements as may be required to ensure the construction of those services. The Owner agrees to pay all costs of installation of street lighting, including poles and other necessary appurtenances for the lighting of the road shown on the plan of subdivision. The lighting shall be designed and installed in accordance with standards established by the Town and in conformity with the Association of Municipal Electrical Utilities Guide to Municipal Standard Construction. The installa- tion of all works provided for in this clause shall be constructed under the supervision and inspection of the aforesaid authority. - 5 - .0. INSPECTION OF WORK All works required to be constructed by the Owner shall be installed under the observation of Inspectors employed by the Town and the Owner agrees to pay the costs incurred (Salaries and Expense) therefor within ten days of invoices being rendered. 11. LIABILITY INSURANCE Before commencing any of the work provided for herein, the Owner shall supply the Town with a Liability Insurance Policy in form satisfactory to the Town indemnifying the Town from any loss arising from claims for damages, injury or otherwise in connection with the work done by or on behalf of the owner on the subdivi- sion. The amount of the said policy shall be $1,000,000.00. In the event any renewal premium is not paid, the Town, in order to prevent the lapse of such Liability Insurance Policy, may pay the renewal premium or premiums and the Owner agrees to pay the cost of such renewal or renewals within ten (10) days of the account therefor being ren- dered by the Town. It shall be the responsibility of the Owner to notify the Town of the dates for the renewal of the premium of the said policy and to supply proof that the premium of the said policy has been paid in order that the protection provided by the Liability Insurance Policy shall not lapse. 12. PERFORMANCE AND MAINTENANCE GUARANTEE Before commencing any of the work provided for herein, the owner shall supply the Town with a 100% performance and maintenance security in form satisfactory to the Town and in the amount of $120,000.00 , to guarantee the satisfactory completion of the work and to guarantee the workmanship and materials for a period of two (2) years from the date that the said works are completed and such completion acknowledged, in writing, by the Director of Public Works. Such performance and maintenance security may, at the option of the Owner, be made up of part bond and part cash, or all cash, or irrevocable letter of credit. The Owner may from time to time apply for a reduction in the bond, cash or letter of credit and such application shall be made to the Town Manager. Upon written verification of the Director of Public Works that the services for which reduction is being sought have been satisfactorily completed, the Town Manager may reduce the amount of the security to any amount less than ten per cent (10%) of the original value, which ten per cent portion shall apply as the security for maintenance until the obligation to maintain has expired, when the balance of the security shall be returned to the Owner subject to any deductions for maintenance purposes. 13. DRAINAGE - SODDING The Owner agrees to provide the Town, before commencing any of the work provided for herein and prior to the commencement of the development of the subdivision, with a Grading Control Plan prepared by the Owner's Consulting Engineer establishing the proposed grading of the lands to provide for the proper drainage thereof and the drain- age of all adjacent lands which drain through the said subdivision. The said Grading Control Plan is to be prepared in accordance with the Town's Lot Drainage Spec- ifications in effect at the date of this Agreement and is subject to the approval of the metropolitan Toronto and Region Conservation Authority. The grading of the lands shall be carried out in accordance with such Grading Control Plan under the supervision of the Owner's Consulting Engineer. If, in the opinion of the Director of Public Works, drainage problems occur prior to formal acceptance of the subdivision by the Town, the Owner agrees to correct them by re-grading or by the con- struction of catch basins, swales or other structures as may be necessary to correct such problems. The Owner agrees to sod the front, side and rear yards of each of the lots or blocks except for paved or planted areas, upon the completion of the construction of buildings thereon. 14. INCOMPLETED OR FAULTY WORK If, in the opinion of the Director of Public Works, the Owner is not prosecuting or causing to be prosecuted the work in connection with this Agreement within the specified time, or in order that it may be completed within the specified time, or is improperly performing the work, or shall the Owner neglect or abandon it before the completion, or unreasonably delay the same so that the conditions of this Agreement are being violated or carelessly executed, or in bad faith, or shall the Owner neglect or refuse to renew or again perform such work as may be rejected by the Director of Public Works as defective or unsuitable, or shall the Owner in any other manner, in the opinion of the Director of Public Works, make default in performance of the terms of this Agreement, then in any such case the said Director of Public Works shall promptly not- ify the Owner and his surety in writing of such default or neglect and if such notification be with- out effect within ten (10) clear days after such notice then in that case the Director of Public Works shall thereupon have full authority and power immed- iately to purchase such materials, tools and machinery and to employ such workmen as in his opinion shall be required for the proper completion of the said work at the cost and expense of the Owner or his surety, or both. In cases of emergency, in the opinion of the Director of Public Works, such work may be done without prior notice but the Owner shall be forth- with notified. The cost of such work shall be cal- culated by the Director of Public Works whose decision shall be final. It is understood and agreed that such costs shall include a management fee of twenty per cent (20%) of the labour and material value, and fur- ther, a fee of thirty per cent (30%) of the value for the dislocation and inconvenience caused to the Town as a result of such default on the part of the Owner, it being hereby declared and agreed that the assuming by the Owner of the obligations imposed by this para- graph is one. of the considerations, without which the Town would not have executed this Agreement. i 15. 16. DEDICATION The owner shall dedicate as public highway, upon the reg- istration of the final plan, or convey, free and clear of all encumbrances, within the thirty (30) days immediately following the registration of the final plan, the lands indicated in Column I of the following Table to the res- pective authority named in Column II of the Table: Pinecreek Court (Street 'A') Column I TRANSFERS-CONVEYANCES Column II The Corporation of the Town of Pickering The owner shall convey free and clear of all encumbrances, at no cost to the Grantee, upon the registration of the plan or within the thirty (30) days immediately following the registration of the final plan, the lands indicated in Column I of the following Table to the respective authority named in Column II of the Table: Column I Block AA Block BB Column II The Corporation of the Town of Pickering The Corporation of the Town of Pickering 17. TRANSFERS-EASEMENTS The Owner shall arrange at no cost to the Town for grant- ing to the Town such easements as the Director of Public Works or his designate shall deem necessary for the pro- vision of storm sewer services both within the boundaries of the development and across lands adjacent to the development but outside its boundaries. Such easements shall be subject to the approval of the Director of Public Works or his designate as to their location and width. The construction of any services in such easement or ease- ments shall not commence until the easement has been acquired, unless permission to do so has been obtained by the owner, in writing, from the Town and from the registered Owner of the lands across which the easement shall lie. 18. STREET NAMING The owner shall show the street designated Street 'A' on the draft plan as Pinecreek Court on the final plan. 19. SERVICE CAPACITY This Agreement shall be subject to the Owner entering into satisfactory arrangements with the Town and The Regional Municipality of Durham with respect to the allocation of sewage treatment plant capacity and water capacity for the development. 20. GENERAL PROVISIONS - SERVICES The Owner agrees with the Town: (a) Paving of Driveway Approaches To pave the driveway approaches between the curb and sidewalk, where a sidewalk is re- quired to be constructed and between the - 8 - curb and street line where no sider;alk is to be constructed. (b) Ontario Hydro Rights-of-Way In the event that a right-of-way of Ontario Hydro passes through or is immediately adja- cent to the lands herein, to fence such right-of-way on both sides, or the adjacent side thereof, as the case may be, prior to developing the adjacent lands. The fence is to be of construction and design as may be approved by the Town. (c) Continuation of Existing Services Where the construction of services herein involves a continuation to existing services, to join into the same, including adjustment of grades where necessary, in a good workman- like manner. (d) Public Lands - Fill and Debris To neither dump nor permit to be dumped, any fill or debris on, nor to remove or permit to be removed any fill from any public lands, other than the actual construction of roads in the subdivision without the written con- sent of the Authority responsible for such lands. The Owner shall, on request, supply the Town with an acknowledgement from such Authority of the owner's compliance with the terms of this clause. The Owner further agrees that there shall be no burning of refuse or debris upon his lands or any pub- lic lands. (e) Qualitative or Quantitative Tests The Director of Public Works may have qual- itative or quantitative tests made of any materials which have been or are proposed to be used in the construction of any ser- vices required by this Agreement, and the cost of such tests shall be paid by the Owner within ten (10) days of the account being rendered by the Town. (f) Relocation of Services To pay the cost of relocating any existing services and utilities caused by the sub- division work within ten (10) days of the account for same being rendered by the Town. The owner further agrees to similarly pay the cost of moving any services or utilities installed under this Agreement in driveways or so close thereto, in the opinion of the Director of Public Works, as to interfere with the use of the driveway. (g) (h) (i) (J) (k) Specifications Unless otherwise provided to perform any work required to be done under this Agreement to the specifications of the Town in effect at the date hereof. Temporary Signs To provide and erect at its own cost temporary street signs at locations designated by the Director of Public Works to the specifications of the Town. Permanent Signs To provide and erect at his own cost, permanent signs at locations designated by the Director of Public Works to the specifications of the Town. Engineering Drawings Prior to the final acceptance of the subdivi- sion to supply the Town with the original drawings of the Engineering Works for the subdivision, with amendments, if any, noted thereon. Snow Plowing and Sanding of Roads If, in the opinion of the Director of Public Works, the condition of the road surface is not acceptable to him for winter control, to snow plow and sand such roads from such occupied buildings to existing Town roads or to subdivision roads that receive the Town's winter control service, including alternate means of access where available. Such snow plowing and sanding shall be done from time to time when the Director of Public Works deems conditions warrant and until such time as the roads are acceptable to the Director of Public Works for winter control. (1) Survey Monuments and Markers Prior to the acceptance of the subdivision by the Town, to supply a statement by an Ontario Land Surveyor that, after the com- pletion of the subdivision work, he has found all standard iron bars as shown on the registered plan, and survey monuments at all block corners, the ends of all curves, other than corner roundings and all points of change in direction of streets on the registered plan. - 10 - PART III - CONSTRUCTION & OCCUPANCY OF BUILDINGS 21. CONSTRUCTION & OCCUPANCY OF BUILDINGS (a) (1) The Owner agrees that no building permit shall be issued for any building or part of a building in the subdivision until sewer and water facilities are available, and in the opinion of the Director of Public Works, capable of providing adequate service. (2) For the purposes of clause 1, above, the term "available" means in existence and in good working order on Kitley Avenue. immediately adjacent to this plan. (b) The Owner further agrees that no building or part of a building in the subdivision shall be occupied except on the following conditions: (i) Sewer and water facilities are installed and in operation to adequately serve such building or part thereof; (ii) A municipal occupancy permit has been issued; (iii) Electric service is completed and in operation; and (iv) Curbs have been constructed and an asphalt base laid on the road immediately in front of the building or part thereof and both extended to an existing maintained public road. (c) The Owner agrees with the Town that should any building or part thereof in the subdivision be occupied in contravention of any or all of the provisions contained in subsection (b), above, then in that event the owner shall pay to the Town the sum of $1,500.00 for each building or part thereof so occupied as liquidated damages for such contravention. The issuance by the Town of municipal occupancy permits for each and every building on any lot or block in the subdivision shall be deemed to be a release from the provisions of this subsection with respect to that lot or block. (d) The Owner further covenants and agrees to main- tain vehicular access to all occupied buildings on the subdivision until the roads are formally assumed by the Town, and further agrees to obtain similar covenants from any subsequent owner of any of the lands in the said subdivision. 22. TIME LIMIT FOR CONSTRUCTION The Owner agrees to construct or cause to be constructed thirty-two (32) housing units, all of which shall be completed within two (2) years of the date of regis- tration of the plan. - 11 - 23. SITE PLANNING (a) The Owner agrees that prior to the issuance of building permits for any of the residential units to be erected on the lands it shall submit architectural and siting plans for all of the residential units to the Town for approval. The Owner agrees to engage the services of only one archi- tectural firm at one time to co-ordinate the design for all residential units and that firm is to be the co-ordinator throughout the design approval process. (b) The siting plans may be required, at the Town's option, to provide the following information: (a) street scape for front and rear elevation at a scale acceptable to the Director of Planning; (b) street scape to show all street furniture and vegetation; (c) the relationship of buildings by blocks; and (d) any other data o r information re quired by the Town. 24. LANDSCAPE PLANNING The Owner agrees that prior to the issuance of building permits for any of the units to be erected on the lands, it shall submit a landscaping plan for all of the lots and blocks on the plan to the Town for approval. The Owner further agrees that upon approval by the Town of a landscaping plan, the landscaping works shown on the plan shall be constructed, installed or planted, as the case may be, in conformance with the landscaping plan according to the time limits set out in Schedule "A". r lZ _ PART IV---- FINANCIAL MATTERS 25. FINANCIAL PAYMENTS The Owner agrees to pay to the Town the sum of $1,000.00 for each dwelling unit for which a building permit is received. No building permit shall be issued for any dwelling unit unless payment of the $1,000.00 per unit levy shall have been made in advance of the issuance of such permit with respect to such dwelling unit. Pay- ments of such levies shall be made to the Town from time to time as building permits are required. In any event, the Owner shall pay all levies due under the provisions of this paragraph in full, no later than eighteen (18) months from the date of registration of the plan. A letter from the Clerk of the Town advising that the unit levy has been paid shall be deemed to be a release of this section for the lands referred to in the said letter. !6. LETTER OF CREDIT The Owner shall, immediately prior to the registration of the plan, deposit with the Town an irrevocable bank letter of credit payable to the Town, in a form satis- factory to the Town, for the sum of $48,000.00 as security for: (a) the payments referred to in Section 25 hereof, and, (b) the payment of liquidated damages referred to in subsection (c) of Section 21 hereof. 27. GENERAL PROVISIONS - FINANCIAL MATTERS The Owner agrees with the Town: (a) Taxes To pay the taxes in full on all the lands included in the said plan of subdivision, as required by law from time to tome. (b) Local Improvements Prior to the release of the plan for regis- tration to prepay any outstanding local improvement charges which are levied against any of the lands on the said plan of sub- division. (c) Interest To pay interest at the rate of fourteen per cent (14%) per annum to the Town on all sums of money payable herein which are not paid on the due dates calculated from such due dates. (d) Reqistration Fees To pay all registration costs incurred by the Town relating in any way to the registra- tion of the plan of subdivision or any other related documentation, including transfers, in the Land Titles office. 1?5 (e) Lien or Other Claims Upon applying for final acceptance of the sub- division, to supply the Town with a Statutory Declaration that all accounts for work and materials have been paid, except normal guar- antee holdbacks, and there are no claims for liens or otherwise in connection with such work done or material supplied for or on behalf of the Owner in connection with the subdivision or if such claims do exist, the Owner agrees to indemnify the Town against any claims, actions, or demands for mechanics' liens or otherwise and all costs in connection therewith. 28. EXPIRY OF SECURITIES The Owner further agrees that should any letter of credit or bond required to be given under the terms of this Agreement expire during the currency of the Agreement, the owner shall provide to the Town at least thirty (30) days in advance of the expiry date of that letter of credit or bond a further letter of credit or bond, as the case may be, to take effect upon the expiry. Such further letter of credit or bond shall be to the satis- faction of the Town. Should no such further letter of credit or bond be provided as required, then the Town shall have the right to convert the expiring letter of credit or bond into cash and hold the cash in lieu of and for the same purposes as any further letter of credit or bond. 29. TERMINATION OF LEVY/OCCUPANCY SECURITY The letter of credit required to be deposited with the Town pursuant to the provisions of section 26, above, may, notwithstanding the provisions of section 28, above,be terminated or cancelled by the Owner at any time after the Municipal Occupancy Permit for the last dwelling to be constructed on these lands has been issued by the Town. PART V - -PARKS AND 'FREES 30. PARK DEDICATION (a) The Parties acknowledge that, in the dedication of parkland for the owner's Glendale Subdivision, registered as Plan M-1037, M-1038 and M-1039, the owner dedicated a surplus of 1.61 acres. (b) The Parties further acknowledge that 0.49 acres of that 1.61 acre surplus constituted the parkland dedication required for the owner's Bronte Square Subdivision, registered as Plan M-1153. (c) It is hereby agreed by both Parties that a further 0.39 acres of that 1.61 acre surplus shall con- stitute the parkland dedication required for the development of the subdivision on the lands af- fected by this agreement. (d) It is hereby acknowledged by both parties that, as of the date of this agreement, the net surplus of parkland dedicated by the Owner to the Town is 0.73 acres. 31. OPEN SPACE/PARK FENCING & OTHER FENCING (a) The Owner shall be required to place and maintain a temporary fence along all boundaries of existing or proposed parkland, open space or walkways, within the subdivision or adjacent to it, prior to the commencement of any construction, including rough grading in the subdivision. (b) Upon completion of final lot grading and seeding or sodding the lands in the subdivision, the Owner shall erect a permanent fence, (i) four feet high along all boundaries of parkland, open space or walkways within or adjacent to the lands in the subdivision; (ii) four feet high along the northerly bound- ary of Block A; (iii) four feet high along the westerly bound- ary of Blocks A, B and C; and (iv) six feet high along the southerly boundary of Blocks C and D. (c) Such fence shall be constructed of nine gauge galvanized, steel link fencing with maximum two inch mesh, unless substitution is author- ized in writing by the Director of Parks and Recreation, or the Director of Public Works. 32. DRAINAGE ONTO OPEN SPACE/PARKLAND The Owner shall ensure that the lands within the subdi- vision do not drain surface run-off water onto parkland, open space or walkways. Where this is not possible, the owner shall install within the parkland, open space or walkways, as the case may be, at a distance no greater than twenty feet from the property line, suit- able swales and catchbasins to adequately manage, in the opinion of the Director of Parks and Recreation, all surface run-off water, draining onto the parkland, open space or walkways from the lands within the subdivision. - 1 5 - 33. TREE PLANTING (a) The Owner shall plant on the lands, trees of a size, number and type acceptable to the Town. A schedule of the Owner's tree planting scheme shall be approved by the Director of Parks and Recreation prior to the planting of any trees. A list of acceptable tree species and sizes will be provided. (b) The trees approved by the Town shall be planted by the Owner no more than 3 months after final grading is done in the specific area. (c) (i) The Owner shall provide at least one tree per residential unit in the subdivision. (ii) Where the density is too great to enable this quota to be met, the Owner shall provide $35.00 per unit for tree planting in a public land area in the Municipality. 34. TREE PRESERVATION (a) The Owner further agrees that it shall permit the Town to enter the property prior to the commencement of any construction thereon for the purpose of identifying the trees existing thereon, which in the opinion of the Town, shall be preserved by the Owner. (b) During construction, all trees to be preserved on the property shall be fully protected against damage. Pro- tection shall be applied in the following manner prior to commencement of any construction: (i) The area within the drip line of all existing trees (groups or individual) shall be protected with temporary fencing which shall have posts equivalent to 4" x 4" set 3 feet into the ground and extending 5 feet above the ground subject to the law in this regard, set at intervals not to exceed 8 feet. Two cross members of 2" x 6" shall be secured to these cross members to completely enclose this area; (ii) The area within the protective fencing shall remain undisturbed and shall not be used for the storage of building material or equipment; (iii) Tree protection shall remain in place until the planting phase of the project is started, and then it shall be removed forthwith. (c) If the nature of the development requires a change of ground elevation (lowering or raising of grades), cutting of roots, or other action which may, in the opinion of the Town, be detrimental to the tree or trees to be preserved, the Owner shall advise the Town prior to changing such elevation, cutting roots, or taking other action, and obtain the consent of the Town thereto. In granting its consent, the Town may impose further controls or conditions to its satisfaction. 16 - Prior to the coirmencement of any construction, the O%•:ner shall submit to the Town for its approval a proposed watering and fertilizing program to assist the trees to be preserved to adapt to the new con- ditions resulting from the development of these lands. The Owner further agrees that upon approval by the Town of such a program, the program shall be implemented and continue as approved. Trees to be preserved that die or are damaged beyond repair during construction shall be replaced by the Owner at its own expense with trees of a size and species approved by the Town. - 17 - -PART V I - GE1:ERAL RF,QUI REMENTS 35. The Owner agrees with the Town: (a) Licence to Enter To retain a licence from any subsequent pur- chaser of the aforesaid lands to enter upon such lands in order to comply with the pro- visions of this Agreement. (b) Cancellation of Agreement In the event the plan of subdivision is not registered on or before August 28, 1980, the Town may, at its option on one month's notice to the Owner, declare this Agree- ment to be null and void. (c) Notice Any notice required to be given hereunder may be given by registered mail addressed to the other party at its principal place of business and shall be effective as of the date of the deposit thereof in the Post office. 36. The Encumbrancers agree with the Town that this Agreement shall have priority over and take precedence over any rights or interests they may have in the lands affected hereby, whether or not any such right or interest was established or arose prior to the date hereof and whether or not such right or interest is set out in or arises by virtue of any instrument or document regis- tered on title to the lands affected hereby, or any part of them, prior to the registration of this Agreement. 37. Whenever in this Agreement the word "Owner" and the pro- noun "it" is used, it shall be read and construed as "Owner or Owners" and "his", "her" or "their", respec- tively, and the number of the verb agreeing therewith shall be construed accordingly. 38. The provisions in Schedules "A" and "B" attached hereto shall form part of this Agreement. 39. Time shall be of the essence of this Agreement. 40. This Agreement and everything herein contained shall enure to the benefit of and be binding upon the parties hereto, their successors and assigns. C, IN WITNESS 1•,'HF_P.EOF the said Parties have hereunto affixed :heir Corporate Seals attested to by the hands of their proper ifficers in that behalf fully authorized. IGNED, SEALED AND DELIVERED RUNNYMEDE DEVELOPMENT CORPORATION LIMITED • ? fat [;? o `E n s QnT i CANNA IMPERIAL BANK OF COMMERCE P E R ,\ ASST GENERAL MANAGE% 1 PER: t /t, / ASST ECRETAfi? THE CORPORATION OF THE TOWN OF PICKERING 2, or Clerk SCHEDULE "A" TIME LIMIT FOR WORK AND GUARANTEE FOR WORKMANSHIP AND MATERIALS Save as herein otherwise provided, the Owner agrees to complete the works required under this Agreement within the time limits specified in the Table set out below and to guarantee the workmanship and materials for a period of two (2) years from the date that the said works are approved in writing by the Director of Public Works. Any work other than that specifically provided for in the Table shall be completed within the time limit provided for therein for aboveground services. TABLE Works Time Limit for Completion (a) Underground - one year from the date of Services the registration of the final plan of subdivision (b) Aboveground - two years from the date of Services the registration of the final plan of subdivision PHASING OF DEVELOPMENT The Owner agrees that should it wish to develop the lands contained in this plan of subdivision in phases, the owner shall first obtain the written approval of the Town and The Regional Municipality of Durham to the phasing programme. SCHEDULE "B" 1. INDUSTRIAL COMPONENT (a) The owner shall construct within the Town of Pickering, industrial buildings having a total floor area of not less than 32,000 square feet, and based on the Town's 40 (industrial) - 60 (residential) ratio, shall be entitled thereby to 32 credits upon which the same number of residential building unit permits may be issued. (b) The required industrial buildings shall be completed on or before the 31st day of December, 1981. (c) If, on 1st day of January, 1982, the required industrial buildings have not been constructed, then commencing in 1982, the Owner shall pay annually to the Town on the 15th day of January in each year liquidated damages in the amount of $350.00 for every 1000 square feet or part thereof of the required industrial buildings not constructed on each January 1st. (d) The Owner shall leave deposited with the Town its performance guarantee in the amount of $50,000.00 to guarantee the satisfactory com- pletion of the required industrial buildings on or before the 31st day of December, 1981, and to secure the payment of any liquidated damages that may become payable under (c) above. rrorH Hp--j o Cn r£ xo? nnxo J P- Y•M ?l ?J wRro N P. O?(D [t K rwi o7 H- ww o w C ttl d H C H H O z G) G) z H H x n O ro O roH H H x°z w xd O H h] z a x t,7 H M i w a z z K 0 t9 U th rc H 0 H O H ro M x ?z H n O ro 0 H H O z r --i cm C7 -.1 O C7 F3 H ?r d H t,D