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HomeMy WebLinkAboutBy-law 4093/92 THE CORPORATION OF THE TOWN OF PICKERING BY-LAW NO. 4093/92 Being a by-law to authorize the execution of a Subdivision Agreement and related documentation respecting the development of Part Lot 33, Concession I, Pickering (Keleck Investments (Pickering) Inc.; 18T-84018 (Phase 3, North)). WHEREAS the proposal to subdivide and register a plan of subdivision of Part Lot 33, Concession l, Picketing, has been recommended for approval by the Council of The Corporation of the Town of Picketing and approved by the Commissioner of Planning of the Regional Municipality of Durham as Draft Plan 18T-84018, subject to several conditions, one of which requires the entering into of a satisfactory Subdivision Agreement with The Corporation of the Town of Picketing, pursuant to the provisions of the Planning Act, R.S.O. 1990, chapter P. 13, section 51(6); and WHEREAS, pursuant to the provisions of the Municipal Act, R.S.O. 1990, chapter M.45, section 191(1), the Council of The Corporation of the Town of Pickering may pass by-laws for acquiring any land or interest therein for the purposes of the corporation; NOW THEREFORE, the Council of The Corporation of the Town of Picketing HEREBY ENACFS AS FOLLOWS: 1. The Mayor and Clerk are hereby authorized to execute a Subdivision Agreement, in the form attached hereto as Schedule A, between Keleck Investments (Picketing) Incorporated and The Corporation of the Town of Pickering, respecting the development of Part Lot 33, Concession 1, Pickering (Draft Plan 18T-84018, Phase 3, North). 2. The Corporation of the Town of Picketing shall acquire those lands described in section 22 of the Subdivision Agreement attached hereto as Schedule A, subject to the terms and conditions and for the purposes set out therein. 3. (1) The Corporation of the Town of Picketing shall acquire interests in the nature of easements over those lands described in section 23 of the Subdivision Agreement attached hereto as Schedule A, subject to the terms and conditions set out therein, for storm drainage purposes. (2) The Mayor and Clerk are hereby authorized to execute Transfers of Easement, in the form attached hereto as Schedule B, effecting the acquisition by The Corporation of the Town of Picketing of the interests referred to in subsection (1). BY-LAW read a first, second and third time and finally passed this 5th day of October, 1992. Wayne ~, ~ayor Bmce Taylor, l~erk TOWN OF ?[CKERiNG APPROVED p,S?~O FOR, M '. EGAL DEPT. SCHEDULE A THIS SUBDMSION AGREEMENT made October 5, 1992, pursumat to the provisions of section 51 of the Planning Act, R.S.O. 1990, chapter P.13, BETWEEN: KELECK INVESTMENTS (PICKERING) INCORPORATED herein called the "Owner", OF THE FIRST P,a~RT, THE CORPORATION OF THE TOWN OF PICKERING herein called the "Town" OF THE SECOND PART. WHEREAS the Owner proposes to subdivide part of Lot 33, Concession 1, in the Town of Picketing, in the Regional Municipality of Durham, and to register a plan of subdivision of those lands, as shown on a draft plan of subdivision designated as Draft Plan Number 18T-84018, Phase 3, north portion, and is required as a condition of approval thereof to enter into a subdivision agreement with the Town pursuant to section 51 of the Planning Act, R.S.O. 1990, chapter P. 13; NOW THEREFORE, THIS AGREEMENT WlTNESSI~'iH THAT, in consideration of the Town consenting to the registration of the proposed plan of subdivision, and the covenants hereinafter expressed, the Patties hereto covenant and agree one with the other as follows: P,4R'I' 1 - INi :e. RPRE'I'ING AND APPLYING ~ AGRF_dTM~VT The lands affected by this Agreement (the "Lands") axe Lots 1 to 12, both inclusive, and Blocks 13 to 17, both inclusive, Plan 40M- , Picker'mg. 2. STATUS OF THIS AGREEMENT (1) In the event the plan of subdivision is not registered on or before June 5, 1993, this Agreement shall be null and void and of no further effect, and the Town shall not be liable for any expenses, costs or damages suffered by the Owner as a result thereof. (2) This Agreement is entered into and executed by the Owner for the purpose of having the Town act in reliance on the covenants by the Owner contained herein and the Owner hereby waives any right or claim which it now has or may hereinafter acquire which is inconsistent with the terms of this Agreemem. (1) Whenever in this Agreement the pronoun "it" is used, it shall be read and construed as "he", "she", "they", "him", "her" or "them", and the number of the verb agreeing therewith shall be construed accordingly. (2) Schedules A, B, C, D and E attached hereto shall form part of this Agreement. (3) Time shall be of the essence of this Agreement. This Agreement shall be enforceable by and against the Parties hereto, thei~ heirs, executors, administrators, successors and assigns, and the Agreement and all the covenants by the Owner contained herein shall nm with the Lands for the benefit of the Town and the land or interests in land owned by the Town upon the registration of the plan. 5. NOTICE (1) Any notice requixed to be given hereunder may be given by personal delivery or registered mail, (a) in the case of the Owner, to Stanley Hiltz, President Keleck Investments (Pickering) Incorporated 3459 Sheppard Avenue East Suite 206 Agincourt, Ontario MIT 3K5 and (b) in the case of the Town, to The Town Clerk The Corporation of the Town of Picketing Pickering Civic Complex One The Esplanade Picketing, Ontario L1V 6K7 (2) Each Party may redesignate the person or the address, or both, to whom or to which such notice may be given by giving written notice to the other. (3) Any notice given in accordance with this section shall be deemed to have been given on the second day following the day of delivery or the day of mailing, as the case may be. The Owner shall retain a licence from any subsequent purchaser of the Lands, or any part thereof, to enable the Owner and the Town's inspectors to enter upon the Lands in order to comply with the provisions of this Agreement. 7. OWNER'S GENERAL UNDERTAKING The Owner shall complete in a good workmanlike manner for the Town, all the municipal services as hereinafter set forth to the satisfaction of the Town, and shall complete, perform or make payment for such other matters as may be provided for herein. Every provision of this Agreement by which the Owner is obligated in any way shall be deemed to include the words "at the expense of the Owner and at no expense to the Town" unless the context requires otherwise. PART 2 - CONSTRUCTING THE TOWN'S SERVICES 9. CONSULTING ENGINEERS (1) The Owner shall retain a Professional Engineer as the Consulting Engineer of the Owner to carry out all the necessary engineering and to supervise the work required to be done for the development and construction of the project, -2- (2) Such Consulting Engineer, or any successor thereto, shall continue to be retained until the work required to be done for the development and construction of the project is completed and formally accepted by the Town. (3) The Owner may change from one Consulting Engineer to another at any time or times during the development and constru~ion of the project, so long as the Owner has a Consulting Engineer retained at all times. 10. CONSTRUCTION / INSTALLATION OF TOWN WORKS AND SERVICES (1) The Owner shall obtain all required approvals and shall construct or install to Town standards and shall provide to the Town, complete in eve~ detail, the following Town works and services (the "Works") as shown on plans submitted by the Owner's Consulting Engineer to the Town and approved by the Town's Director of P~blic Works in accordance with the Town's specifications for such Works: (a) Town roads within the plan, complete with all signs md other appurtenances; (b) Town wads adjacent to the plan and not sepasated from the plan by a reserve or reserves, complete with all appurtenances; (c) removal and replacement of any temporary turning, circle located immed/ately adjacent to the plan on a Town road to be extended into the plan; (d) street storm sewers on roads referred to in (a) and (b), complete w/th curbs, gutters, catchbasins and manholes; (e) storm water drainage and management system serving the lands in the plan and lands outside the plan but draining through the plan, complete with detention or retention facilkies, quality control devices and outlets; (fi boulevards and sidewnll~ on Town roads within the plan, on Town wads adjacent to the plan but not separated from the plan by a reserve or reserves, and on Town roads to be extended inlo the plan where the Owner is required to remove and replace a temporary turning circle; (g) street lighting on Town roads within the plan, on Town roads adjacent to the plan but not separated from the plan by a reserve or reserves, and on Town roads to be extended into the plan where the Owner is required to remove and replace a temporary taming circle; (h) street tree planting on Town roads within the plan, on Town roads adjacent to the plan but not separated from the plan by a reserve or reserves, and on Town roads to be extended into the plan where the Owner is required to remove and replace a temporary turning circle; (i) walkways on walkway blocks and park entrances, complete with walkway fencing and righting; and 0) other fencing, including, (i) fencing adjacent to commercial sites, school sites, parks, open space, storm water management facilities and roads adjacent to the plan and separated from the plan by a reserve or reserves, and (ii) noise attenuation fencing. (2) If at any time prior to the acceptance of the Works, the Town's Director of Public Works is of the opinion that additional works are necessary to provide adequately any of the public services required hy the ?.roject, the Owner shall cc'~ntruct, install or i~donn such additional works at me ~equ~, o£ the Director. (3) All Works shall be constructed and installed in accordance with the Town's spec/f/cations and /n a good and workmanl/ke manner under the supervision of the Owner's Consulting Engineer and under the observation of the Town's inspectors or, in the case of street lighting, Picketing Hydro's inspectors. -3- (4) The Owner shall pay to the Town the Town's costs of inspection, including but nm necessarily limited to, salaries and wages of inspectors, testing fees and administration fees, within 30 days of invoices being rendered. 11. ~ENERAL REGULATIONS RESPECTING SERVICING (1) The construction of Town roads shall include the construction of paved driveway approaches between the curb and sidewalk or, where no sidewalk is to be provided, between the curb and the lot lin~. (2) Where the construction or installation of services involves a continuation or extension of existing services, the Owner shall join into the existing services, including adjustment of grades where necessary, in a good and workm~.nlilre manner. (3) The Owner shall not dump nor permit to be dumped any f'tll or debris on, nor remove or permit to be removed any t-all from, any public lands, other than in the actual construction of roads in the project without the wriuen consent of the authority responsible for such lands. (4) The Owner shall not burn nor permit to be burned any refuse or debris within the project or adjacem to it. (5) The Town's Director of Public Works may have qualitative or q?antitative tests made of any materials which have been or are proposed to be used m the construction or installation of any services required by this Agreement, and the cost of such tests shall be paid by the Owner within 30 days of invoices being rendered. (6) The Owner shall pay, within 30 days of invoices being rendered, the costs of, (a) relocating any existing services and utilities caused by the construction or installation of services, or other work in the project, and (b) moving any Works, services or utilities installed in driveways or so close thereto, in the opinion of the Town's Director of Public Works, as to interfere with the use of the driveway. (7) Unless otherwise provided herein, the Owner shall perform any work required to be done under this Agreement to the specifications of the Town in effect at the date hereof. (8) The Owner shall provide and erect temporary signs of such nature and at such locations as designated by the Town's Director of Public Works. 12. ELECTRICAL SERVICES Where electricity, cable television service or telephone service is to be provided to any lot or block in the project, it shall be provided underground and in accordance with the standards and ~veancifications of Picketing Hydro-Electric Commission, Trillium Cable T.V. Limited or Bell ada, as the case may be. 13. TREE INVENTORY / TREE PRESERVATION PROGRAM (1) The Owner shall submit a Tree Inventory and Tree Preservation Program prepared by a qualified expert and indicating which existing trees in the project may be preserved to the Town's Director of Public Works for the review and approval of the Town's Director of Planning and Director of Community Services and Facilities, and shall implement the Program as approved only. (2) Until the Tree Preservation Program iq ~['~reved t~? Qw'r'.r ~hal! .,..~,t -~rnmence, aor · ~l,,w lo be commenced, any aspect o~ ul~ ueveiopmem ot tne lands m the project, including the ~moval of any tree. (3) In the event that any tree required to be preserved by the approved Tree Preservation Program is removed or is, in the opinion of the Town's Director of Community Services and Facilities, damaged to such an extent that its value or longevity is decreased or is likely to be decreased, then the Owner shall replace that tree with a tree of a height, diameter and species determined by the Director; such replacement shall be at no cost to the Town. -4- (4) The Owner's liability under subsection (3) shall continue until, (a) where the lands upon which the tree is located comprise a residential building lot or block, twelve months after the completion of the sodding on the lot or block, or (b) where the lands upon which the tree is located comprise lands other than a residential building lot, the issuance by the Town of the Final Acceptance Certificate. 14. ORADING CONTROL PLAN / LOT DRAINAGE AND SODDING (1) The Owner shall submit to the Town, for the approval of the Town's Director of Public Works, a Grading Control Plan prepared by the Owner's Con~.nlting Engineer, establishing the proposed grading of the lands in the project to .prowde for the proper drainage thereof and the drainage of all adjacent lands which drain through the lands in the project. (2) The Grading Control Plan shall be prepared in accordance with the Town's Lot Drainage Specifications and shall not provide for the drainage of surface mn-off water onto Town-owned parkland, open space or walkways unless provision is made for the installation by the Owner, at no cost to the Town, of suitable swales and catch basins to manage adequately, in ~he opinion of the Town's Director of Community Services and Facilities, that surface nm-off water. (3) The Owner shall grade all the lands in the project in accordance with the approved Grading Control Plan, ensuring that sufficient topsoil remains as cover on all areas of the project intended for sodding, seeding, or other planting. (4) If the Town determines that, (a) grading has not been done in accordance with the Grading Control Plan, (b) grading has been done in accordance with the Grading Control Plan but drainage pwblems remain, or (c) sufficient topsoil has not been left in the al~ropriate areas, the Owner shall re-grade the project, or part thereof affected, add/ng a sufficient amount of topsoil if necessary, or construct catch basins, swales or other structures as may be necessary to correct such problems, as directed by the Town's Director of Public Works. {5) The Owner shall sod the front, side and rear yards o3 each of the residential lots and blocks in the project except for paved, planted or treed areas prior to the occupancy of the dwelling unit located thereon except, where the occupancy of the dwelling unit occurs in November or December of any year, the time limit for sodding shall be extended to June 30 in the following year. 15. AU'I~ORIZATION TO COMMENCE WORK The Owner shall not commence the construction or installation of any of the Works without the written Authorization to Commence Work of the Town's Director of Public Works, which Authorization shall not be issued until all approvals required by this Agreement have been obtained and, (a) four red-lined copies of this Agreement executed by the Owner and all Encumhrancers have been provided to the Town to the satisfaction of the Town Solicitor; (b) aU monies, securities and insurance pol;cie~, as not. ed Ln thi~ Agreement have been ci,Aiv,.,,~o to the To ,,. iu the satisfaction of the l'own i'reasmer aha me 'i own ~olicitor; (c) all approvals and permits have been obtained from the Ministry of the Environment, the Ministry of Natural Resources and the Metropolitan Toronto and Region Conservation Authority; and (d) three executed copies, in a form suitable for registration, of any Transfers/Deeds required by section 33 respecting the conveyances identified in Schedule A have been provided to the Town in registrable form to the satisfaction of the Town Solicitor. -5- 16. USE OF WORKS PENDING COMPLETION / EMERGENCY REPAIRS (1) Any of the Works may be used by the Town, or by such other person or agency as may be authorized by the Town's Director of Public Works, for the purposes for which the Works are designed, and such use shall noi be deemed an acceptance of any of the Works by the Town, nor an assumption by the Town of any liability in connection therewith, nor a release of the Owner from any of Rs obligations under this Agreement. (2) The Town may make emergency repairs at any time to any of the Works and may for this purpose enter the Lands at any time; such repair or entry shall not be deemed an acceptance of any of the Works by the Town, nor an assumption by the Town of any liability in connection therewith, nor a release of the Owner from any of its obligations under this Agreement. 17. INTERNAL / EXTERNAL ROAD MAINTENANCE AND REPAIR / SNOW PLOWING (1) Throughout the term of this Agreement, the Owner shaH, (a) maintain all Town roads within the project in a mud and dust free condition and free of obstructions, regardless of the source or cause of any mud, dust or obstruction; (b) maintain all Town roads outside the project, including boulevards, in a mud and dust free condition and free of obstructions, where the source or cause of the mud, dust or obstruction is an operation or operations related in any way to the development of the project; (c) repair all Town roads outside the project, including boulevards, where damage has occurred as a result of an operation or operations related in any way to the development of the project; and (d) plow snow from and salt all Town roads within the project that are not subject to the Town's winter control program. (2) The Owner, within 24 hours of verbal notification by the Town to it or its representatives, shall undertake such works as are necessary to clean, clear, repair, plow or salt any Town mad requiring such work in the opinion of the Town's Director of Public Works or his designate. 18. COMPLETION DATES - TOWN WQI~KS AND SERVICES (1) The Owner shall complete the Works in accordance with the following time limits: (a) Town roads within the plan - two years from date of Authorization to Commence Work; (b) Town roads adjacent to the plan - two years from date of Authorization to Commence Work; (c) removal and replacement of any temporary turning circle - two years from date of Authorization to Commence Work; (d) street storm sewers - one year from date of Authorization to Commence Work; (e) storm water drainage and management system - one year from date of Authorization to Commence Work; (f) (i) boulevards and sidewalks on Town roads within the plan, on Town roads adjacent to the ,.!an hut ',o* separated fr~ the p!~.n bl, a reserve or leserves - six montim a~,cc occupancy ol in'at Owefling to be occupied adjacent to segment as identified by the Town's Director of Public Works, but no later than two years from date of Authorization to Commence Work; (ii) boulevards and sidewalks on Town roads to be extended into the plan where the Owner is required to remove and replace a temporary turning circle - two years from date of Authorization to Commence Work', -6- (g) street lighting - one year from date of Authorization to Commence Work; (h) street tree planting - two years from date of Authorization to Commence Work; (i) walkways, walkway fencing and walkway lighting - prior to the occupancy of any dwelling adjacent thereto; O) (i)A other fencing adjacent to parks, open space and storm water management facilities - prior to the occupancy of any dwelling adjacent thereto; (i)B other fencing adjacent to commercial sites and school sites - one year from date of Authorization to Commence Work; and (i)C other fencing adjacent to roads adjacent to the plan and separated from the plan by a reserve or reserves - six montlxs after occupancy of first dwelling to be occupied adjacent to segment as identified by the Town's Director of Public Works, but no Iater than two years from date of Authorization to Commence Wore; and (ii) noise attenuation fencing - prior to the occupancy of any dwelling adjacent thereto, following the completion of all of which, and the approval thereof by the Town, the Town shall issue to the Owner a Completion Acceptance Certificate. (2) Despite the provisions of subsections (1)(f)(i) and (l)(j)(i)C, where the occupancy of the first dwelling unit occurs in November or December of any year, the time limit for construction of the adjacent boulevard, sidewalk or fencing segment shall be extended to June 30 in the following year. 19. FAILURE TO COMPLETE / IMPROPER PERFORMANCE (1) If, in the opinion of the Town's Director of Public Works, the Owner is not constructing or installing the Works, or causing them to be constructed or installed, within the specified time or so that they may he completed within the specified time, or is improperly performing the Works, or has neglected or abandoned them before completion, or has unreasonably delayed them so that the terms and conditions of this Agreement are being violated or executed carelessly or in bad faith, or has neglected or refused to renew or again perform Works rejex:ted by the Director of Public Works as defective or unsuitable, or has in any other manner, in the opinion of the Director of Public Works, defaulted in the performance of the terms and conditions of this Agreemem, then the Director may notify the Owner and his surety in writing of the default or neglect and if the notification be without effect for seven days, then the Director shall have full authority to make any payment or do any thing, including but not limited to obtaining materials, tools and machinery and employing persons required for the proper completion of the Works or rectification of the default, at the cost and expense of the Owner or his surety, or both. (2) In cases of emergency, in the opinion of the Director of Public Works, such Director may act without prior notice but the Owner and its surety shall be notified forthwith. (3) The cost of rectifying the default shall be calculated by the Director of Public Works, whose decision shall be final, and may be charged to the Owner, together with a 25 per cent engineering and administration fee, by drawing upon the letter of credit fried with the Town under section 21. 20. GUARANTEE OF WORKS. WORKMANSHIP AND MATERIALS The Owr.¢~ ~hall guarantee all Works, wo~xma~mp a~m match,ms employed or used in the construction, installation or completion of Works, services and other requirements under this Agreement for a minimum period of two years (the "maintenance period") following the issuance of the Completion Acceptance Certificate by the Town. (2) Despite any other provisions of this Agreement, the responsibilities of the Owner during the maintenance period shall include the maintenance of the Works, including the rectification of any unsatisfactorily installed Works. -7- (3) Prior to the end of the maimemmce period, the Owner's Consulting Engineer shall submit to the Town, (a) "as built" constmctinn drawings for ~he Works complete as per Town standards, together with that Consulting Engineer's cen'dicate that those drawings accurately depict the Works as constructed; and (b) a statement by an Ontario Land Surveyor that all standard iron bars as shown on the registered plan, and survey monumems at all block comers, at the ends of all curves (other than corner roundings) and at all points of change in direction of streets in the plan have been found or re-established. (4) Prior to the end of the maintenance period, the Town will re-inspect the Works and if, (a) the Works are acceptable; and (b) the Owner has performed all of its obligations under the terms of this Agreement to the satisfaction of the Town, the Town will issue to the Owner a Final Acceptance Certificate at which time the Town will assume ownership of the Works and the operation and maintenance thereof, and the maintenance period will then end. (5) If upon the re-inspection conducted prior to the end of the maintenance period, (a) the Works are not acceptable, or (b) the Owner has not performed all of its obligations under the terms of this Agreement to the satisfaction of the Town, the Town will advise the Owner of the deficiencies, the expected rectifications, and the time limited for implementing the rectifications (the "rectification period") and the maintenance period shall he extended to the end of the rectification period. At the end of the rectification period, the Town w~ll re-inspect the Works and if, (a) the Works are acceptable; and (b) the Owner has performed all of its obligations under the terms of this Agreemen~ to the satisfaction of the Town, the Town will issue to the Owner a Final Acceptance Certificate at which time the Town will assume ownership of the Works and the operation and maintenance thereof, and the maintenance period will then end. (7) If upon the re-inspection conducted at the end of the rectification period, (a) the Works are still not acceptable, or (b) the Owner has not performed all of its obligations under the terms of this Agreement to the satisfaction of the Town, the Town's Director of Public Works shall determine, in his sole discretion, whether a further rectification period will be granted, and, if so, upon what terms and conditions, or whether the Town shall proceed under the provisions of section 19, or both. 21. PERFORMANCE AND MAINTENANCE SECURITY (1) Before this Agreement will be executed by the Town, the Owner shall file with the Town an ?revocable letter of credit, issued by a chartered bank in Canada L': thc. form sel out i~s ~cnedule B mid in an amount estaolished oy the Director oi Public Works (the "original value"), as a performance and maintenance security for the purpose of, (a) guaranteeing the satisfactory construction, installation or performance of the Works; (b) guaranteeing the payment of any amounts payable to the Town under this Agreement; -8- (c) guaranteeing the payment of any amount that the Town may b~ required to pay under the provisions of the Construction Lien Act, or any successor thereto, and (d) guaranteeing all Works, workmanship and materials during the maintenance period and any rectification period or periods and until a Final Acceptance Certificate has been issued by the Town's Director of Public Works. (2) The Owner may, at any time after the f~st 50 per cent, in value, of Works have been consUucted, installed or performed, and paid for, apply for a reduction in the security and such application shall be made to the Town Treasurer. (3) Upon written verification f~om the Director of Public Works that the construction, installation or performance of the Works for which reduction is being sought have been satisfactorily completed and paid for, the Town Manager may reduce the amount of the security to an amount not less than, (a) 60 per cent of the original value where no certificate or declaration of substantial performance has been made; (b) 35 per cent of the original value where, (i) a certificate or declaration of substantial performance has been published; (ii) 45 days following such publication have expired; and (iii) all liens that may be claimed against any holdback required to be retained by the Town have expired or have been satisfied, discharged or provided for by payment into court; and (c) 17 per cent of the original value where, (i) a certificate of lVmal completion has been made by the Owner's Consulting Engineer; (ii) 45 days following the making of such certificate have expired; (iii) ali liens that may be claimed against any holdback required to be retained by the Town have expired or have been satisfied, discharged or provided for by payment into court; and (iv) a Completion Acceptance Certificate has been issued by the Town's Director of Public Works, which 17 per cent portion shall secure the guarantee of Works, workmanship and materials, until a Final Acceptance Certificate has been issued by the Town's Director of Public Works, when the balance of the security shall he returned to the Owner subject to any deductions for rectification of deficiencies. (4) Upon the approval, if any, of a reduction in the amount of the sect~rity required to be provided in subsection (1), the Town Manager or the Town Treasurer shall provide to the Owner any necessary assurance to effect the reduction. 22. OWNER'S GENERAL INDEMNITY Until the Town's Director of Public Works has issued the Final Acceptance Certificate for the Works, the Owner shall indenmify the Town against all actions, causes of actions, suits, claims and demands whatsoever, which may arise either dire. cOy o,, ~-~ctly ~,.~ re,son of the Owner undertaking thc project or servicing thc Lands as requix-,~ci unO% uxis Ag~e. emenc 23. LIABILITY INSURANCE POLICY / PROVISION FOR DEDUCTIBI .R (1) Before this Agreement will be executed by the Town, the Owner shall file with the Town a Certificate of Insurance verifying that a Liability Insurance Policy is in effect, setting out the essential terms and conditions of the insurance, and naming the Town as additional named insured, all of which shall be subject to the approval of the Town Solicitor. -9- (2) The policy shall comply with the following provisions: (a) the minimum limit per occurrence shall be $5,000,000 all inclusive for property damage and personal liability; (b) it shall not comain a clause for exclusion for blasting; and (c) it may not be cancelled un~ess prior notice by registered letter has been given to the Town by the insurer thirty days in advance of the expiry date. (3) The policy premium must be paid initially for a period of one year and the policy shall be renewed for further one year periods until the Final Acceptance Certificate has been issued by the Town's Director of Public Works. (4) If the policy coverage is subject to a deductible amount, the Owner shall fide with the Town, when filing the Certificate of Insurance, a certified cheque or letter of credit with the Town in the deductible amount, as a deposit, together with a letter from the Owner anthori~ing the ..Town to appoint an independent adjuster and to investigate claims less than the deductible amount and authorizing the Town to pay such claims deemed valid by the adjuster out of the deposit; the Owner shall he responsible for all adjnsm~ent service costs and shall maintain the deposit throughout the term of ~ agreement in the amount of the deductible. (5) The provision of the insurance policy required by this section shall not relieve the Owner from liability for claims not covered by the policy or which exceed its limits, if any, for which the Owner may be held responsible. PART $ - DEVELOPHqG THE PROJECT 24. CONSTRUCTION AND OCCUPANCY OF B UILDIlqGS (1) No building permit shall be issued for any building or part of a building on the Lands until, (a) all buildings and structures on the Lands prior to draft plan approval have been demolished by the Owner; (b) sewer and water facilities are available, and in the opinion of the Town's Director of Public Works, capable of providing adequate service; (c) an asphalt base has been laid on the mad immediately in front of the building or part thereof and extended to an existing maintained road; and (d) the Owner has paid to the Town the applicable development charge for each dwelling in that building or part thereof in accordance with By-law 3854/91, enacted pursuant to the Development Charges Act. (2) No building or part of a building on the Lands shall be occupied except upon the issuance of a municipal occupancy permit. (3) No application for a municipal occupancy permit for a building or part of a building shall be made except upon the following conditions: (a) storm sewer, sanitary sewer and water facilities are installed and in operation to adequately serve such building or part thereof; (b) electric service is completed and in operation; and (c) ~uch cu~os, as in tl~¢ opinion of the rlOwn's ~-,iiccior of cuonc Works, are required to be completed prior to occupancy have been constructed on the road immediately in front of the building or part thereof and extended to an existing maintained public road. (4) The Owner shall maintain vehicular access to all occupied buildings on the Lands umil the roads in the plan are formally assumed by the Town. -10- 25. DESIGN PLANNING - RESIDENTIAL UNf~S AND NOISE ATTENUATION STRUCTURES (1) Prior to the issuance of any building permit for the construction of any residential unit on the Lands and the construction of any noise attenuation structure in or adjacent to the project, the Owner shall submit to the Town's Director of Planning, for approval, a report outlining siting and architectural design objectives for the projecl. (2) That report may be required, at the Director's option, to provide the following information: (a) house massing; (b) s~eetscape; (c) exterior materials and colours; (d) architectural style; (e) visual variety; (f) energy conservation measures; and (g) any other data or ir~formation reasonably required. (3) Prior to the issuance of any building permit for the construction of a residential unit to be erected on the Lands, the Owner shah submit to the Town's Director of Planning, for approval, site plans and architectural drawings for that unit. (4) Those plans and drawings may be required, at the D~rector's option, to provide the following information: (a) the location of all buildings and structures to be erected and the location of all facilities and works associated therewith; (b) the location of landscaping features, including trees to be preserved; (c) streetscape for front and rear elevation at a scale acceptable to the Director; (d) streetscape to show ah street furniture and vegetation; (e) the relationship of buildings by blocks; and (f) any other data or information reasonably required. 26. SPECIFIC PROVISIONS RESPECTING DEVELOPIVIENT The Owner shah comply with any specific provisions respecting the development of this project set out in Schedule D. PART 4 - FI~VA~/CDIL MA~R~ 27. EXPIRY OF SECURITIES (1) Should any letter of credit security required to be provided hereunder expire before the Town releases the Owner from the terms and conditions hereof, the Owner shall provide to the Town at least 30 days in advance of the expiry date of that security, a further security to take effect upon the expiry. (2) Such further security shah be in a form and amount satisfactory to the Town. (3) Should no such further security be provided as required, then the Town shall have the right to convert the expiring security into cash and hold the cash in lieu of and for the same purposes as the expiring security. 28. PAYIVlENT OF LIENS A_ND OTHER CLAIMS (1) The Owner shall discho-rge or vacate any liens or -.l~ir-s ~rled with the Town ~r rcg~.;tercd on tltl~ ,,~ a~y Towt~-owiicd lands within dtk~y uays of being ~'cquested to do so by the Town. (2) At the end of the maintenance period, as extended during any rectification period, the Owner shah file with the Town a Statutory Declaration stating that, (a) all materials have been supplied and all services and works have been completed in the project with respect to the construction and installation of Works and other services; -11- (b) all accounts for work or service performed and ma~rials placed or furnished upon or in respect of the construction and installation of Works and other services in the project have been fully paid and satisfied and no person is entitled to claim a lien under the Construction Lien Act against the Town or any Town-owned land; (c) there are no judgments or executions f'dcd against the Owner; (d) nothing is owed by the Owner or claimed against it for unemployment insurance deductions, income tax deductions, or by way of contribution or assessment under the Workers' Compensation Act; (e) the Owner has not made any assignment for the benefit of creditors, nor has any receiving order been made against it under the Bankruptcy Act, nor ha* any petition for such an order been served upon the Owner;, and (f) 45 days have passed since the completion of the construction, installation, and last rectification of the Works and services. 29. PAYMENT OF INTEREST ON OVERDUE AMOUNTS PAYABLE The Owner shall pay interest at the rate of 18 per cent per year to the Town on all sums of money payable hereunder which axe not paid un the due dates calculated from such due datea. 30. PAYMENT OF REALTY AND BUSINESS TAXES / LOCAL IMPROVEMENT CHAROES (1) The Owner shall pay in full as they come due all realty and business taxes assessed against the Lands or the Owner as required by law from time to time. (2) Before this Agreement will he executed by the Town, the Owner shall commute and pay to the Town or to the Regional Municipality of Durham all local improvement charges assessed against the lands in the plan. 31. PAYMENT OF DEVELOPMENT CHARGES (1) The Owner shall pay to the Town, in accordance with the Development Charges Act and the Town's Development Charges By-law 3854/91, development charges for each dwelling unit within the project respecting the following services: (a) administrative services - town offices; (b) administrative services - capital growth studies; (c) protection -ftre facilities; (d) protection -Ftre vehicles and equipment; (e) storm drainage, roads, sidewalks, storm sewers, lighting and other services; (f) transportation - works yards, vehicles and equipment; (g) transportation - transit; (h) parks - parkland acquisition; (i) parks - parkland development; (j) major recreational facilities - major indoor recreational facilities; (k) library - library facilities; (1) library - library materials; and (m) electrical distribution services and facilities. (2) The amount of the development charge for each dwelling to be erected in the plan shall he the amount set out in Schedule C for that type of dwelling, as adjusted annually in accordance with Schedule C. (3) Where a development charge is payable for a dweUivg ~e~ated on x lvxrce', of land comw'ised of land h~ fi-ds plan and land not in d~is piaxt, me ,anoon~ of tl~ deveio .p?~.nt charge payable for that dwelling shall he the amount calculated in accordance with the provisions of the subdivision agreement for the most recently registered of the plan or plans within which the parcel is located. 32. PAYMENT OF ENGINEERING. LEGAL AND REGISTRATION FEES (1) Before this Agreement will be executed by the Town, the Owner shall pay by certified cheque to the Town an Engineering Drawing Inspection Fee in the amount set out in Schedule C for the examination and inspection done by the Town's Public Works Department in the processing of the engineering drawings for this project. -12- (2) Before this Agreement will be executed by the Town, the Owner shall pay by certify! cheque to the Town a Subdivision Agreement Processing Fee in the amount set out in Schedule C for the preparation and processing of this Agreement by the Town's Legal Services D~'paxh uent. (3) The Owner shall pay all registration costs incurred by the Town relating in any way to the registration of the plan of subdivision, this Agreement, or any other documentation, including transfers, in the Land Registry Office within 30 days of invoices being rendered. PART 5 - TRANSFERS AND 33. TRANSFERS OF LANDS OR INTERESTS IN LANDS OR PAYMENTS IN LIEU THEREOF (1) Upon executing this Agreement, the Owner shall convey or cause to be conveyed to the Town, free and clear of all encumbrances and at no cost to the Town, all of the lands or interests in lands identified in Schedule A for the purposes set out therein. (2) The Owner hereby warrants that, upon such conveyance, neither the title to the lands conveyed nor their physical state and condition shall prevent the Town from lawfully or ~mhysically using the lands for the purposes for which they are being conveyed as set out Schedule A. (3) Where none of the lands identified in Schedule A are to be conveyed for parkland purposes, the Owner shall pay to the Town, before this Agreement will be executed by the Town, an amount calculated in accordance with the provisions of Schedule A in lieu of a parkland conveyance. (4) Any Transfer/Deed given pursuant to this Agreement shall be in a form acceptable to the Town Solicitor and any Transfer/Deed of a storm drainage works easement shall contain the Storm l)rainage Works Easement Schedule set out in Schedule A. (5) The Town may complete or alter any description of land in this Agreement or in any Transfer/Deed given pursuant to this Agreement so as to make the description correspond with the description of the land according to the plan which is to be registered pursuant to this Agreement. 34. RELEASE OF THE PLAN FOR REGISTRATION The Town will not advise the Regional Municipalily of Durham that the conditions of Draft Approval affecting the Town have been satisfied until the plan for the south portion of Phase 3 of Draft Plan 18T-84018 has been registered and the Owner has delivered to the Town the following: (a) four red-lined copies of this Agreement executed by the Owner and all Encumbrancers; (b) all monies, securities and insurance required by this Agreement; (c) three executed copies, in a form suitable for registration, of each Transfer/Deed required by section 33 respecting the conveyances identified in Schedule A, and one draft copy of each required reference plan. REGISTRATION OF AGREEMENT (1) This Agreement shall be registered by the Town in the Land Registry Office for the Land Titles Division of Durham (No. 40). Tl-~e 3.,,mcr shall give to evei'y puts;haser of the Lands oh any part ot tl~e Lanos actual notice of the existence and the terms of this Agreement and shall include an acknowledgement in any offer to purchase or other similar document dealing with the Lands, or any part of them. (3) The Owner shall indenmify and save harmless the Town from any loss, inconvenience or damage which may result to the Town from the Owner's failure to comply with subsection (2) and against any action or claim made against the Town by any person other than the Owner arising out of the execution by the Town of this Agreement. (4) The Owner shall execute such further assurances of the rights hereby granted as may he deemed necessary by the Town. - 13- IN WITNESS WHEREOF the Parties hereto have hereunto affixed their respective Corporate Seals attested to by the hands of their authorized officers. SIGNED, SEALED AND DELIVERED KELECK INVESTMENTS (PICKERING) INCORPORATED Stanley Hiltz, President THE CORPORATION OF THE TOWN OF PICKERING Wayne Axthurs, Mayor Bruce Taylor, Clerk - 14- TRAIVSFER$ OF LAIV~ OR IN'I~ IIV 1,41V'DS OR PATMEN'I~ IN I. IL?] THERFaOF (Section 33) l. CONVEYANCES REOUIRED TO BE MADE TO THE TOWN Lot 2 (southerly 1.5m) Storm drainage works Easement Lot 7 (easterly 1.5m) Storm drainage works Easement Lot 8 (westerly l.Sm) Storm drainage works Easement Block 13 (northerly l.Sm) Storm drainage works Easement Any other portion of the Lands Storm drainage works Easement determined by the Town's Director of Public Works Any lands outside the Lands Storm drainage works Easement determined by the Town's Director of Public Works 2. CALCULATION OF AMOUNT PAYABLE IN LIEU OF PARKLAND CONVEYANCE (1) The Owner shall obtain a written appraisal, prepared by a professional land value appraiser acceptable to the Town, of the value of ali the land in the plan as of June 2'/, 1988. (2) The amount payable in lieu of a parkland conveyance shall be a sum equal to five per cent of that value. 3. STORM DRAINAGE WORKS EASEMENT R .E.E.E.E.E.E.E.E.E~RENCE PLANS (1) Before the Town will advise the Regional Municipality of Durham that the conditions of Draft Approval affecting the Town have been satisfied, the Owner shall obtain and deliver to the Town one draft copy of each propos.ed reference plan required to effect the conveyance of the specific easements referred to m section I of this Schedule. (2) Upon the completion of the construction and installation of the storm drainage works within each easement shown on any proposed reference plan, the Owner's Consulting Engineer shall advise the Town's Director of Public Works of the actuai location of the works in relation to the proposed easement or, easements, and if the Director ia satisfied with the actual location of the works, the Owner shall register that reference plan and provide four copies of the plan as registered to the Town Solicitor. (3) If the Town's Director of Public Works is not satisfied with the actual location of the works in relation to the proposed easement or easements, the Owner shall obtain and deliver to the Town one draft copy of a reviaedproposed reference plan, and the provisions of subsection (2) and of this subsection will cuntinue to apply. (i.3 Where the Town's Director of Public Works determines ma~ the l'own requires easemems not specifically referred to in section I of this Schedule, the Owner shall obtain and deliver to the Town one draft copy of each proposed reference plan required to effect the conveyance of the such easements within 30 days, and the provisions of subsections (2) and (3) will apply. - 15- 4. STORM DRAINAGE WORKS EASEMENT SCHEDULE Where a conveyance of an easement is for storm drainage works purposes, the following Schedule shall be attached to the Transfer/Deed of Easement: (7) INTERF~T/ESTATE TRANSFERRED Subject to the following terms and conditions, the free, uninterrupted and unobstructed right and easement to lay, construct, operate, maintain, inspect, alter, repair, replace, reconstruct and remove storm drainage works together with appurtenances thereto (herein called the "works") in, over, along., across, upon and under the land described in Box 5 (herein called the "lands"), together wlth the right to the Transferee, its servants, agents and contractors with all necessary vehicles, supplies and equipment to enter onto the lands and pass and repass over the lands for the pu~ose of exercising or enjoying any of the rights granted herein. The terms and conditions which the parties hereto covenant and agree to observe and be bound by are as follows: 1. The Transferee shall, except in case of emergency, before commencing any work authorized hereby, give to the Transferor fo~-eighi hours previous wriRen notice thereof, and in cases of emergency such previous notice thereof as is reasonably possible. 2. Upon completion of any work, the Transferee shall fill in all excavations, restore fences, and restore the surface of the ground by restoring all topsoil and grass cover dism~0ed thereby, and do necessary grading to ensure soil and slope stability, and remove all equipment. 3. The Transferor shall not erect any building or structure (except a fence) on the lands, and shall not place or remove any f'dl on or from any par~ of the lands without the previous written consent of the Transferee. 4. The right and easement granted herein shall be subject to all leases, licences, and any rights of use or occupation existing at the date hereof, and the Transferor may from time to time renew or extend these or make new ones, so long as they do not interfere u~easonably with the right and easement herein granted. 5. The Transferor hereby releases the Transferee from any claim which may arise out of the exercise by the Transferee of the right and easement granted hereby or which may arise out of the existence, operation or non-operation of the storm drainage works provided the Transferee has complied with all of the terms and conditions herein. 6. The Transferor shall execute such further assurances of the right and easement granted hereby as the Transferee may reasonably request in writing. ?. The burden of this Transfer and of all the terms and conditions contained herein shall run with the lands. 8. This Transfer and all of the terms and conditions contained herein shall enure to the benefit of and be binding upon the Transferor and the Transferee and their respective heirs, executors, administrators, successors and assigns. LAND BENEFI'ITED (DOMINANT TENEMENT) 9. The benefit of this Transfer and all of the terms and conditions contained herein shall run with all other lands and interests in lands owned, occupied or used by '.he 'Vrv~z f: -cc ~'or 2~e purpose of operatir, g and maintaining storm drainage works. 16- REQUIRED FORM FOR PEaV, FORMAIVCE AIVD MAI3IT~AfiICE SECUILrlT I2.TiiaR OF CREDIT Section 21) To: The Corporation of the Town of Picker'mg Picketing Civic Centre One The Esplanade Picketing, Ontario L1V 6K7 We hereby authorize you to draw on [name of bankI, [addre~ of banal, for account of [name of company or companies obtaining secttr~ty] up to an aggregate amount of [amolmt of :~ecurily in flgttre$ and/nfld/] available by drafts at sight for 100% of demand as follows: Pursuant to the request of our customers(s), the said [name of com/nany or ct:m/mn/es ~g $ecarity], we lname of bank], iaddregt of ban/I, hereby establish and give to you an irrevocable Letter of Credit in your favour in the total amount of [amo~t ofsect~r/ty/n ntm~ert and Ol word. vi which may be drawn on by you at any time and from time to time upon written demand for payment made upon us by you which demand we shall honour without enquiring whether you have a right as between yourself and our said customer(s or any of them) to make such demand, and without recognizing any claim of our said customer(s or any of them). Provided, however, that you are to deliver to [name of ban/q, laddre~ of ban/q, at such time as a written demand for payment is made upon us a certificate signed by you agreeing or confirming that monies drawn pursuant to this Letter of Credit are payable to you or are to be or have been expended pursuant to obligations incurred or to he incurred by you with reference to your file regarding a Subdivision Agreement dated Idate of Agreementi, between [mane of $ignatorie~ to Agreement, ocher than Town and Encumbrancer(sI] and The Corporation of the Town of Picketing; this Letter of Credit is given as the Performance and Maintenance Security required by section 21 of that Agreement. Partial drawings are pormitted. The amount of this Letter of Credit shall be reduced from time to time as advised by notice in writing given to us from time to time by you. This Letter of Credit will continue up to and including [date ofe. Xll~ry ofLetter of Creditl and will expire on that date and you may call for payment of the full amount outstanding under this Letter of Credit at any time up to the close of business on that date. It is a condition of this Letter of Credit that it shall be deemed to he automatically extended for one year from the present Or any future expiration date hereof, unless thirty days ]prior to any such date, we shall notify you in writing by registered mail that we elect not to consider this Letter of Credit renewed for any such additional period. We hereby covenant with drawers, endorsers, and bona fide holders of drafts drawn under and in accordance with the terms of this credit that such drafts will be duly honoured if drawn and negotiated on or before ldate of eJcpiry of l.,etter of Creditl. The drafts drawn under this credit are to be endorsed hereon and shall state on their face that they are drawn under [name of bankl , [address of bank]. DATED this day of ,19 Instructions for completing Letter of Credit: 1. Letter of Credit must be typed on bank letterhead. 2. Information required in square brackets must be provided where indicated, without brackets. 3. Phrases shown in round brackets must be included without brackets where there are two or more companies comprising the customer. 4. The date in the sixth paragraph must be at least one year from the date of the Letter of Credit. 5. The date itt the seventh paragraph must be the same as the date in the sixth paragraph. 6. Bank signatories must show name, printed or o,ped, attd title, #t addition to signature. - 17- DEVELOPMENT CHARGF,.S, E3IGINEERING AND LEGAL FE.i~ (Sections 31 and 32) 1. DEVELOPMENT CHARGES PAYABLE (I) Until and including October 7, 1992, the development charges payable under the Town's I~velopment Cha~ges By-law 3854/91 for each dwelling unit within this project is $4,582. (2) From and after October 8, 1992, the development charges payable for eagh dwelling unit within this project will be as set out in subsection (1) as adjusted on October 8, 1992, and annually on every October 8 thereafter until paid, in accordance with the Engineering News Record Cost Index (Toronto). (3) The development charge set out in subsection (1) has been derived as follows: administrative services - town offices $346 administrative services - capital growth studies 78 protection - fire facilities 85 protection - fire vehicles and equipment 142 storm drainage, roads, sidewalks, storm sewers, lighting and other services 886 transportation - works yards, vehicles and equipment 189 transportation - transit 48 parks - parkland acquisition 365 parks - parkland development 757 major recreational facilities - major indoor recreational facilities 795 library - library facilities 211 library - library materials 130 electrical distribution services and facilities 550 total $4,582 2. ENGINEERING DRAWING INSPECTION FEE PAYABLE The amount of the Engineering Drawing Inspection Fee payable for this project is $455. 3, SUBDMSION AGREEMENT PROCESSING FEE PAYABLE The amount of the Subdivision Agreement Processing Fee payable for this Agreement is $1,750 plus $122.50 GST. -18- SPECIFIC PROVISIONS RE~P~G DEVI~LOPM~NT (Section 26) 1. EXPECTED NUlVlBER OF DWELLINGS (I) This Agreemem has been entered into in the expectation that thirteen single dwellings are to be constructed on the Lands, as follows: (a) one each on Lots 1 to 12, and (b) one on the lands described in Item I of the Table in subsection 2(1) of this Schedule. (2) If more or less than thirteen dwellings are to be constructed in this project, the Town at its sole discretion may require the Owner to obtain new approvals and authorizations under this Agreement and may prohibit any development until the new approvals and authorizations are obtained. 2. RELEASED FUTURE DEVELOPMENT BLOCKS (1) The blocks set out in Column I of the following Table shall be developed only in conjunction with the lands described in Column 1I thereof, to provide the number of dwellings set out in Column IH thereof: Item ~ ~ ~ 1. Block 13 Block 6, 18T-84018, Phase 3 (south) 1 2. Block 14 Block 15, 18T-84018, Phase 3 (south) 1 3. Block 16 Block 17, 18T-84018, Phase 3 (south) 1 4. Block 17 Block 7, 15T-84018, Phase 3 (south) 1 (2) The development of the lands described in Columns I and II of Item 1 of the Table in subsection (1) shall be governed by the provisions of this Agreement. (3) The development of the lands described in Columns I and II of Items 2 to 4 of the Table in subsection (1) shall be governed by the provisions of the Subdivision Agreement respecting Draft Plan 18T-84018, Phase 3 (south). (5) Until such time as Blocks 13. 14, 16 and 17 are developed in accordance herewith, the Owner shall maintain them in a clean and orderly condition to the satisfaction of the Town. 3. RESERVED FUTURE DEVELOPMENT BLOCK (1) Block 15 shall be reserved for future residential development; such development shall not commence without the prior written approval of the Town which may be subject to conditions. (2) Until such time as Block 15 is developed in accordano~ herewith, the Owner shall maintain it in a clean and orderly condition to the satisfaction of tbe Town. -19- SPECIAL PROVISIONS REQUIRED BY THE RECdONAL MUNICIPMdT~ OF DURHAM The sections set out in this Schedule represent provisions not affecting the Town but required to be inserted in this Agreement by the conditions of Draft Approval dated June 28, 1988, of Draft Plan 18T-84018 by the Commissioner of Planning of the Regional Municipality of Durham (the "Approval"). 1. METROPOLITAN TORONTO AND REGION CONSERVATION AUTHORITY ("M.T.R.C.A.") M.T.R.C.A. requires that, (a) the Owner can3' out, or cause to be carried out, to the satisfaction of M.T.R.C.A., the recommendations referred to in the report as required in Condition 15 of the Approval, and (b) the Owner not place fill, grade, construct any buildings or structure without prior written approval being given by M.T.R.C.A. 2. MINISTRY OF NATURAL RESOURCES ("M.N.R.") M.N.R. requires that the Owner carry out, or cause to be carried out, to the satisfaction of M.N.R., the recommendations referred to in the report as required in Condition 16 of the Approval. - 20 -