HomeMy WebLinkAboutBy-law 3284/89 THE CORPORATION OF THE TOWN OF PICKERING
BY-LAW NO. 3284 /89
Being a by-law to authorize the execution of an
Agreement to renew, for the period September 1,
1988 to August 31, 1990, the Lease dated August
26, 1976 between the Municipality of Metropolitan
Toronto and the Corporation of the Town of
Picketing respecting Part Lot 12, Concession 5,
Picketing (Museum Parking Lot)
WHEREAS, pursuant to the provisions of sections 193 and 208.57 of the Municipal Act,
R.S.O. 1980, chapter 302, the Council of the Corporation of the Town of Picketing
deems it desirable to renew, for the period September 1, 1988 to August 31, 1990,
the Lease dated August 26, 1976 respecting part of Lot 12, Concession 5, Picketing
from the Municipality of Metropolitan Toronto for museum parking purposes;
NOW THEREFORE, the Council of the Corporation of the Town of Picketing HEREBY
ENACTS AS FOLLOWS:
The Mayor and Clerk are hereby authorized to execute a Lease Renewal
Agreement dated July 19, 1989, renewing, for the period September 1, 1988 to
August 31, 1990, the Lease dated August 26, 1976 respecting that part of Lot
12, Concession 5, Picketing more particularly described therein, between the
Municipality of Metropolitan Toronto and the Corporation of the Town of
Picketing for museum parking purposes, which Lease Renewal Agreement shall
be in the form attached hereto as Schedule A.
BY-LAW read a first, second and third time and finally passed this day
of , 1989,
Bruce Taylor:, Clerk
TOWN OF
THE CORPORATION OF THE TOWN OF PICKERING
BY-LAW NO. 3284 /89
Being a by-law to authorize the execution of an
Agreement to renew, for the period September 1,
1988 to August 31, 1990, the Lease dated August
26, 1976 between the Municipality of Metropolitan
Toronto and the Corporation of the Town of
Picketing respecting Part Lot 12, Concession 5,
Pickering (Museum Parking Lot)
WHEREAS, pursuant to the provisions of sections 193 and 208.57 of the Municipal Act,
R.S.O. 1980, chapter 302, the Council of the Corporation of the Town of Picketing
deems it desirable to renew, for the period September 1, 1988 to August 31, 1990,
the Lease dated August 26, 1976 respecting part of Lot 12, Concession 5, Picketing
from the Municipality of Metropolitan Toronto for museum parking purposes;
NOW THEREFORE, the Council of the Corporation of the Town of Picketing HEREBY
ENACTS AS FOLLOWS:
1. The Mayor and Clerk are hereby authorized to execute a Lease Renewal
Agreement dated July 19, 1989, renewing, for the period September 1, 1988 to
August 31, 1990, the Lease dated August 26, 1976 respecting that part of Lot
12, Concession 5, Pickering more particularly described therein, between the
Municipality of Metropolitan Toronto and the Corporation of the Town of
Picketing for museum parking purposes, which Lease Renewal Agreement shall
be in the form attached hereto as Schedule A.
BY-LAW read a first, second and third time and finally passed this 16th day
of October , 1989.
· Bruce Taylo{, Clerk
TOWN OF
L£CAL P'
THIS INDENTURE OF FURTHER LEASE RENEWAL made in quadruplicate this
19th day of 3uiy~ 1989, eIfecfive as of the 1st day of September, 1988t
IN PURSUANCE OF THE Short Forms of Leases Act
BET WEEN:
THE MUNICIPALITY OF METROPOLITAN TORONTO
(heralnaiter called the "Metropolitan CorporatiorO}
OF THE FIRST PART
-an~-
THE CORPORATION OF THE TOWN OF PICKERING
(hereinatter called the "Lessee~)
OF THE SECOND PAR~
WITNESSES THAT:
WHEREAS by Indenture of Lease dated the 26th day of August, 1976 {hereinafter
called "the 1976 lndentoren), the Metropolitan Corporation leased to the Lessee and the
lands In the Town of Pickerlng in the Regtonal Municipality of Durham, consisting of that
part o! Lot 12, Concession 5, mo~'e particularly described therein (hereina~ter called "the
Leased Lands") for ~se for parking purposes for a term expiring the 31st day of Aught,
1981; and
WHEREAS by Indentures of Renewal of Lease dated the 16th day of 3anuary,
198t~, and the 3rd day of October, 1986, the Lessees tenancy was extended until the 31st day
of August, 1988; and
WHEREAS the patties have arranged that the Lessees tenancy is to be renewed
tora further Two (2) Years on the terms and conaitions hereina~ler set out,
IN CONSIDERATION OF the mutual covenants herein contained, the parties
hereto hereby agree as follows:
I. The Lessee's tenancy of the Leased Lands is hereby renewed for a Further
Renewal Term of TWO (2) YEARS, commencing the 1st day o! September, 1988 and
expiring the 31st day of August~ 1990, on the same terms and conditions set out in the
1976 Indenture, except that:
0) the rent shall be THREE HUNDRED DOLLAR~ ($300,00) annually payable
in advance on the first day of September in each year of the tenancy,
commencing the 1st day of September, 1988;
(il) the Lessee, shall through the Further Renewal Term pay all taxes
attributable to the Leased Lan~ls~ inciuc~ng those for local improvements
and business taxes, directly to the Town of Picketing;
(iii) there shall be no unilateral right of renewal as set out in clau~e 2(b) of the
1976 Indent ure;
(iv) the presumption of receipt set out in clause 2(c) ~f the 19.7.~;!ndenture s..hall
apply only in the absence of a major interruption in postal service aHectin8
the handling/delivery of the notice therein referred to;
(v) the Lessee shall throughout the Further Renewal Term a.t its awn .expense
maintain insurance coverage toward its potentlal'liabllit]/' under da.use 1(1)
of the 1976 Indenture in an amounl not less than TWO MILLIO~LARS
($2t000~000.00) with an insurer unobjeclionable to the Metropolitan
Treasurer actin8 reasonably, under a policy acceptable in lorm an~.~ontent
to the Metropolitan Treasurer and shall provide proof of ~x~'~t,~nce of
such coverage satisfactory to the Metropolitan Treasurer-.l~em"'tlme to
time aa requested by him. ~.
-2-
2. This Indenture shall enure to the benefit of, and be b~ndin8 upon, the parties
hereto and their re~pacfiYe successors and (where required, permitted) assisns.
IN V/ITNESS ~HEREOF the parties hereto have hereunto affixed their respective
corporate sea~s attested to by the hands of their respective proper officers in that behai!
duly authorized.
SIGNED, SEALED AND DELIVERED ) THE MUNICIPALITY OF METROPOLITAN
) TORONTO
)
)
)
) Metropolitan Clerk
)
)
)
) Treasurer
)
) THE CORPORATION OF THE TO~/N OF
) PICKERING