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HomeMy WebLinkAboutBy-law 717/77Y~LAW 717177 REPEALED BY REPEALS AMENDED BY AMENDS DISPOSITION THE CORPORATION OF THE TOWN OF PICKERING BY-LAW NUMBER -i i 7 f r Being a By-Law to authorize the execution of an Agreement of Purchase and Sale between J.D.S.-Investments Limited and the Corporation of the Town of Pickering with respect to the most easterly 81.08 of Part 32, Plan 40R-923, being Part Lot 22, Concession 1. THE .+?UNCIL OF THE CORPORATION OF TAE? TOWi OF PICKER:ING HERI BY ENACTS AS FOLLOWS': 1. The Mayor and Clerk are hereby authorized to execute an Agreement of Purchase and Sale between J.D.S. Investments Limited and the Corporation of the Town of Pickering with respect to the most easterly- 81.08` of Part Lot 32, Plan 40R-423, being Part Lot 22, Concession 1. Pickering. By-Law read a first, second and third tine and PASSED this clay of W& , 1977. or Clerk ,4 t j C.S :ED Were in calle3 the >trl e! asLx' c ,.sr c ed the re .e h c. rty, ereby agrees to and with - THE CORPORA _ M O _:r TUC; C -F PICK RIZIG (.? ier the can cal n ed T l " F, _.G(, r ) to purchase : hLL z ND S lINGUL '. the premises being the most easterly 81 08 . feet of Part 32, Pion 40,R-923, 'teeing Fart Lot 22 , Concession 1, Town of Pickering, regional Municipalit y of Durham, having an area of about 2,675 square feet , as shown outlined in heavy black on t? ,e sketch attached hereto and marked as Schedule "n" (herein called "The Real Property") } at the price of One Thousand Dollars ($1,000.00) of ,a:;,•fu i money of Canada, payable by cheque One Hundred Dollars ($100 03) 1 . to the Vendor as a deposit to be held by such Vendor penning completion or the termination of this a,:r e nlOnt t d an ,. o be credited an account of c:ase ,<r.zue on closing d th , an e Purchaser agrees to pay t bas'u. ? ' .tvt? z cs?s?nn , flay of cash or certified cheque, subject to 4t c- usual a' `;tri '. The Vendor cove-giants as follows: ' (a) To do all acts, pas all by-laws, c0tain all illorox4ils ' as may be required Under _ relevant i 4 ._ la _on of or , before the date of closing, in o 0 o give f u l l and effect to the within u3*e<_... nt -nd t1--,,_- re°s ltjn j conveyance; {b) To produco on or before the cote c f n , <f•. , ,,Y evidence verifying that all takes; in order to satisfy he t <.,i: a!! ', l •Vant legislation with respect to _ -coo. ?? ,' ,:.i which the Real Property at cuic ti ? C . 1 1 , that the said Real Pryw ty relevant legislation, offered to tt c ? lt,,, purchase, and to :?r< _ce t i. r cr1 abut ting own-: s waived t .t .r _ ,ht t lie Reams Property. The Purchaser covenants as {a) To arrange for the preparation, el ` on or before the date of closing, of _do . ride ion I r i 'rance plan noting thereon as a part, the P ._ Pro;,,.r l at its own expense, and in that , rr , with the Purchaser fully, so long as t _ .7ndo is volv,rd in no expense therewith. This agreement shall be cc : :or i the Voin,,,r,,r, at its own expense, complying with he provisions of T e i -::;Wing Act and any amendments thereto. Provided that title is coed and free from all end -maces except as aforesaid. The Pl.: iseris not to call for t.-.e production of any title deed, abstract o_ot;^er J; n cn of title except such as are in the possession of the V, ,,cr;,-. The Purchaser is to be allowed thirty (30) days from ca _ ` of acceptance hereof to examine the title at its own exen r if within that time any valid objection to title is m - ;siting to the vendor which the Vendor shall be u ale 3runwilling to remove and which the Purchase- will not waive, chic agrr- . „ent shall, notwithstanding any intermediate acts or c•gotiat ohs in respect to such objections, be null and void and the eposit shall be returned by the Vendor without interest a=_d it hall not he liable for any costs or damages. Sava as to any valid objection so made within such time the Purchaser shall ce con- clusively deemed to have accepted the title of the Vendor to the Real Property. j...2 This tra sac:_icm of _." . ase and Sale is to be cor.: 1-et- y on or before _h_ ? c _ of JANUARY 1976 on which cater- vacant possess--c-)n Rea ` .. of ? L. ..l .E o:-- 3 CAF is to be given to the Pa r '. Ser. sax^_s, local ^`t•.'."', ^ha ;,es / and.??xsa?_ss .._". _ rates, etc_ are to be. apportioned and allowed to date ova f xed for completion of the sale. This Otter, -,.hen accepted, shall constitute a l _,ndinC. contract of Pt rtAase and Sale a^3 r.e shall in all r S. c:cts b,?, of the essence hereof. It is at}zeed that there is no representation, warranty, collateral a pee .ent or condition affecting, this agr<,i=: ent or the Real P operty supported hereby otner than as expr r.sed herei in writing. Deed or transfer t<:I "_ epared at he :xponse of, the Vendor. Any tender of.. doc,."nen`.s or i"^ ay °'c:vx. ...i:2iae }•.? upon the solicitor acting for .-e party e : w1nom. to.;;dc_.'. i.-. desired and it shall be sufficient ti,:a:. a : e y,c.,"1 i able certified cheque may be used as tender instead o ask. This Offer and its acceptance is road. .path all changes of gender or number recurred by the L:c--nte xt. This Offer shall be _rx,-- o ble bthe P.s t ...;c..: mit.il 11:55 p io an the EGG teen th day of Oct oL,.'r + 1977, time, if not accepted, this offer shall 1-e "3 ?:t; i7 t. _ l <iJxi the deposit returnee to the p .rcha s5i z DATED at TorCnte, this 4r: day o c)ccz ts,>i" 1977, IN WITNESS WaZ:zEOF one Pu_ch,. ss r 'has 1% Lo If %':d its corporate seal duly at cstea to by it: ?.ti,t riz.taC1 officers. SIGNED, SEALED and DE ,IV:,.,.:.D v . S. S. iN, _.... ... e';i Per: • Per: The undersigned accepts the above Offer. ''' DATED at Pickering, this x4 w, day of NYA," 1977. IN WITNESS 1,."HER-F0s the Vendor has "-ereu`tto set its corporate seal duly attested to by its proper apt Urized officers. SIGNED, SEALED and DEhIV'_RED THE COTP: v._IGN Or THE TGi,'d OF PICKERING x Mayor Clerk ?? l \ l LOT 22 -r,/? m - '-Ii 7 .`' , I 0 I, S; 2-453 n- !.ID i3Y f;Y s 1, 11 F_ _//? i i