HomeMy WebLinkAboutBy-law 2799 BY-LAW NO. ~__7_~__
A By-law of the Corporation of the Township of
Pickering to authorize the Corporation to sell certain Township
Industrial Lands to Supreme Alu.minum Industries Limited.
WHEREAS the Township of Pickering is the owner of
part of Lot 20, Range 3, Broken Front Concession in the Town-
ship of Pickering, shown on the draft plan attached hereto
and desires to sell part thereof shown edged in yellow having
an approximate area of 17.6 acres to Supreme Aluminum Industries
Limited;
THEREFORE THE MUNICIPAL COUNCIL OF THE CORPORATION
OF THE TOWNSHIP OF PICKERING ENACTS AS FOLLOWS:
1. That the Township sell the aforesaid lands s~own
edged in yellow on the attached plan to Supreme Aluminum
Industries Limited at the price of $50,000.
2. T~at the Reeve and Clerk are authorized to execute
the Agreement of Sale and Deed to carry out the sale of the
said lands to Supreme Aluminum Industries Limited. The Agree-
. ment to be in the form attached hereto as Appendix A.
READ a First and Second time this 3rd day of June, 1963.
READ a Third time and PASSED this 3rd, day of June, 1963.
CORPORATION THE ~SHIP OR PICKERING
~/ Reeve
A n~ ~~__~'_
I Clerk
THIS AGREEMENT made the [~rd day of JuneA.D., 1963
BETWEEN:
SUPREM~ ALUMINUM INDUSTRIES LIMITED,
of the City of Toronto, in the County
of York, hereinafter called
THE PURCHASER
OF THE FIRST PART
THE MUNICIPALITY OF THE CORPORATION OF
THE TO~SHIP OF PICKERING, of the Township
of Pickering, im the County of O~tario,
hereinafter called
THE VENDOR
OF THE SECOND PART
The Purchaser agrees to purchase and the Vendor agrees to sell
through J.J. LAMBERT REAL ESTATE LIMITED, Agent for the Vendor, a parcel of
land being part of L~t 20, Broken Front Concession, Range III, ia The Tow~skip
of Pickering, having am area of about 17.6 acres. The said property shall
!i have a frontage of about 815-feet, more or less, on the East side of the Sandy
Beach Road being approximately rectangular in shape and having a depth of
· about 9~-feet, mere or less. The N~rth West angle of the said property
measures about 595-feet, m~re or less, Southerly along the East limit of the
Sandy Beach Road from the $~mth East angle of the Base Line and Sandy Beach
Roads.
The purchase price of the said lands shall be the sum of FIFTY
THOUSAND ($50,000.00) DOTI?AR~ payable as follows:- The sum of FIVE THOUSAND
($5000.00) DOLLAR~ paid herewith by the Parchaser to the Agent for the Vendor
aa a deposit to be held by such Agent pending approval by the Department of
Municipal Affairs of this Agreement, and to be credited on account of the
purchase price. The P~rchaser further agrees to pay a further sum of TWENTT
10-days/notice by registered post by the Vendor to the Purchaser that this
Agreement has been approved by the Department of Municipal Affairs of the
Province of Ontario, on which date vacant possession of the said premises shall
be given to the Purchaser and on which date adjustments for taxes shall be made.
The balance ef the purchase price ia the amount of T~ENTY FIVE THOUSAND
($25,000.00) DOLLAP~ shall be due and payable on December 31st, 1963.
,'
This Agreement shall be subject to the approval of the Department of
~kuuicipal Affairs and said approval shall be given within 15-days after
acceptance by the Vendor, otherwise the Purchase~may at his option withdraw
from this Agreement and be entitled to the return of its deposit monies without
interest or deduction.
The Vendor agrees to install sanitary sewer and w~ter mains to the
lot line on the Sandy Beach Road at the Vendor' s expense. Said services to
be completed within 30-days after approval of this Agreement by the Department
of ~mnicipal Affairs.
The Purchaser agrees to grant the Vendor the right of easement for
sewer and water maims over the property herein conveyed if required by the
Vendor. The location of such easement shall be satisfactory to the Vendor
and the Purchaser.
The title is to be investigated by the Purchaser at the Purchaser' s
expense and the Pmrchaser shall n~t call for the production of any Abstract
of Title, Deeds, S~rvey, Proof or Evidence of Title, or any copies thereof
other than those in the Vendor's possession or control.
·
The Peach.set sha~l be s~lowed 10-days s~ter written notification
the Vender that this A~reement has been approved by the De~rtment of
A~f~irs to investigate the title a~d if within that time the P~chaser sha~l
f~r~ish the Vendor i~ ~ritin~ with an~ vs~id objection to the title ~ich the
Vendor sh~11 be ~n~ble or ~willt~ to remove and ~hich the P~rch~ser ~ not
~tve, this Agreement sha~l be ~ and void ~nd ~11 the monies p~id hereunder
sha~l be returned to the Purchaser without interest and the Vendor sh~ll net
be liable fo~ an~ expenses, costa or d~m~ge incurred by the P~chaser.~ve aa
to a~y va~id objection se ma~e wit~i~ such time, the P~chaser sh~ll be con-
clusivel~ deemed to ha~e accepted the title of the Vendor to the l~nds herein.
The Vendor covens~s that the property is free and cle~ and
not encumber the property i~ an~ w~y durin~ the currency of this Agreement.
F~c~ pa~ty is to pay the costs for registration and taxes o~ his
~ ~c~ments.
The Purchaser covenants and agrees within 45 days
after the above-mentioned notice by the Vendor that this
agreement has been approved by the Department of Municipal Affairs
to commence construction on the said lands of a factory building
of not less than 15,000 square feet, to proceed diligently with
the construction thereof and to complete such construction
substantially within six months after the aforesaid notice.
Provided that should the purchaser be delayed in such construction
by reason of strikes, lockouts, acts of God or the Queen's enemies,
unavailability of normal structural materials or other reasons
beyond the purchaser's control the time for commencement and
completion' of such construction shall be extended by a period of
time corresponding to such delay. Should the purchaser fail
within the time hereby limited to complete such construction the
vendor may at its option terminate this agreement and forfeit
the aforesaid deposit of ~5,000.00.
It is a condition of this offer and any agreement
resulting from acceptance thereof that the soil and sub-soil
of the lands hereby sold shall have a load bearing capacity
sufficient to support factory buildings of conventional construct-
ion for both light and heavy industrial uses. The vendor shall
make available to the purchaser the results of all soil tests
which the vendor has conducted or caused to be conducted with
respect to the said lands.
Should the purchaser find, within 30 days after the
giving by the vendor of the above-mentioned notice that this
agreement has been approved by the Department of Municipal Affairs,
that the soil and sub-soil of the said lands do not have the
aforesaid load bearing capacity the purchaser shall be at liberty
to terminate this agreement and all monies paid by the purchaser
to the vendor shall be returned forthwith without interest or
deduction.
On completion of the aforesaid construction and
payment by the purchaser of all monies payable to the vendor
hereunder the vendor shall convey the said lands to the purchaser
by a good and sufficient deed in fee simple.
It is expressly understood and agreed that time is to be considered
of the essence of this Agreement.
It is understood and agreed that ar~ notice pertaining to this
Agreement require~ to be given to either of the parties shall be given and
sufficiently given if sent by prepaid registered post addressed to the
Purchaser's Solicitors, Parkinson, Gardiner & Roberts,
365 Bay Street,
Toronto, Ontario
and to the 7endor's Sol/citers, Stevens, Hassard & Elliott,
50 King Street West,
Toronto, Ontario.
Either ef the parties ~ be deemed to have received such notice the date
following the day upon which said notice is posted by registered mail as
aforesaid.
This Agreement and everything herein contained shall enure to the
benefit of and be binding upon the successors and assigns of the parties
herete.
DATED AT TORONTO this ~/~ day of .~~f~ A.D., 1963
Purcha~e~
DATED AT TORONTO this day of May A.D., 1963
THE )~3NICIPALITY OF THE CORPORATION OF
THE TOWNSHIP OF PICKERING
.......... Vendor' '
............. Vendor '
BY-LAW NO 7. ~ ~ ~
.
A By-law of the Corporation of the Township of
Pickering to authorize the Corporation to sell certain Township
Industrial Lands to Supreme AluminUm Industries Limited.
WHEREAS the Township of Pickering is the owner of
part of Lo~ 20, Range 3, Broken Front Concession in the Town-
ship of Pickering, shown on the draft plan attached hereto
and desires to sell part thereof shown edged in yellow having
an approximate area of 17.6 acres to Supreme Aluminum Industries
Limited;
THEREFORE THE MUNICIPAL COUNCIL OF THE CORPORATION
OF THE TOWNSHIP OF PICKERING ENACTS AS FOLLOWS:
1. That the Township sell the aforesaid lands shown
edged in yellow on the attached plan to Supreme Aluminum
Industries Limited at the price of $50,000.
2. That the Reeve and Clerk are authorized to execute
the Agreement of Sale and Deed to carry out the sale of the
said lands to Supreme Aluminum Industries Limited. The Agree-
ment to be in the form attached hereto as Appendix A.
READ a First and Second time this 3rd day of June, 1963.
READ a Third time and PASSED this 3rd, day of June, 1963.