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HomeMy WebLinkAboutBy-law 1925/84THE CORPORATION OF THE TOWN OF PICKERING BY-LAW NO. 1925/84 Being a by-law to authorize the execution of a Subdivision Agreement between Bramalea Limited and The Corporation of the Town of Picketing respecting Lot 15, part Rail Crescent and part Lot 14, Plan 221 and Block 123 and part Block 124, Plan 40M-1232, Picketing WHEREAS, Bramalea Limited proposes to subdivide and register a plan of subdivision of Lot 15, part Rail Crescent and part Lot 14, Plan 221 and Block 123 and part Block 124, Plan 40M-1232, Picketing; and WHEREAS, that proposal has been approved by the Council of The Corporation of the Toven of Pickering and the Regional Municipality of Durham, subject to several con- ditions, one of which requires the entering into of a satisfactory Subdivision Agree- ment between Bramalea Limited and The Corporation of the Town of Pickering; 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 Subdivision Agree- ment, in the form attached hereto as Schedule A between Bramalea Limited and The Corporation of the Town of Picketing, respecting Lot 15, part Rail Crescent and part Lot 14, Plan 221, and Block 123 and part Block 124, Plan 40M-1232 (Draft Plan 18T-84006). BY-LAW read a first, second and third time and finally passed this 19th day of November, 1984. TOWN OF' PICKE'RING APPROVED L LEGAL DEPT. Schedule A To By-law #1925/84 THIS AGREEMENT made this 19th day of November, 1984. BETWEEN: BRAMALEA 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, KALEN SHUMOVICH and JULIA SHUMOVICH hereinafter collectively called the "Encumbrancer" OF THE THIRD PART. WHEREAS, the Owner proposes to subdivide Part of Rail Crescent (closed) (formerly Bayview Road, Plan 221), Lot 15 and part of Lot 14, Plan 22I, and Block 123 and part of Block 124, Plan 40M-1232, in the Town of Picketing in the Regional Municipal- ity of Durham, and to register a plan of subdivision of those lands, as shown on a draft plan of subdivision prepared by Anderson Associates I~td. and designated as Draft Plan Number 18T-84006; WHEREAS, the Encumbrancer has certain rights or interests in the nature of encum- brances relating to the lands affected hereby; NOW THEREFORE, THIS AGREEMENT WITNESSETH, that in consideration of the Town approving the proposed plan of subdivision, and the covenants hereinafter expressed, the Parties hereto covenant and agree one with the other as fo]Iowa: PART 1 - 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 Picketing, in the Regional Municipality of Durham and Province of Ontario and being composed of Lots 1 to 36, both inclusive, and Blocks 37 to 39, both inclusive, according to a plan of subdivi- sion registered in the Land Registry Office for the Land Titles Division of Durham (No. 40) as Plan 40M- PART 2 - SERVICES 2. OWNER'S GENERAL UNDERTAKING The Owner shall complete at its own expense and in a good workmanlike man- ner, for the Town, all the municipal services as hereinafter set forth to the satisfaction of the Director of Public Works for the Town of Picketing, and shah complete, perform or make payment for such other matters as may be provided for herein. 3. CONSULTING ENGINEERS (i) The Owner shall retain a Professional Engineer as the Consulting Engineer of the Owner shah carry out all the necessary engineering and to super- vise generally the work required to be done for the development of this sub division. (2) 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. 4. STORM SEWERS (1) The Owner shall construct a complete storm system including storm con- nections to the street line and catch basin leads to service all the lands in the plan of subdivision and to provide capacity for lands upstream, according to designs approved by the Director of Public Works and ac- cording to the specifications of the Town in effect at the date hereof and shah maintain it, including clearing any blockages or debris from what- ever cause, until it is formally accepted by the Town. Such system shall be constructed to an outlet or outlets according to designs approved by the Director of Public Works and shah be of suffi- cient size and depth and at locations either within or outside the lands affected hereby to service the plan of subdivision which, in the opinion of the Director of Public Works, will require its use as a trunk outlet. (3) Should, in the opinion of the Director of Public Works, an inadequate stream or structure exist in the outlet system outside the plan of subdi- vision, the Owner may be required to carry out such works as are neces- sary to provide an adequate outlet. (4) The Town may connect or authorize connection into any part of the system but such connection shah not constitute acceptance of the sewer system by the Town. (5) No connection under subsection 4, above, shall be undertaken or au- thorized prior to preliminary acceptance of the sewer system by the Town, except in an emergency. 5. ROADS - ROUGH GRADE (l) Prior to the installation or construction of the municipal services provided for herein, the Owner shall rough grade to the Town's specifications to the full width, the proposed road allowance shown on the plan of subdivi- sion. The Owner shall keep all boulevards clear and free of materials and obstructions which might interfere with the installation of electric, tele- phone, gas or other utilities. PART 2 - SERVICES (Cont'd) 6. ROADS- PAVED (1) The Owner shall construct the road shown on the plan of subdivision according to the Town's specifications for paved roads of the Town in effect at the date hereof. (2) The specifications for boulevard grading and sodding shall apply to all existing roads adjacent to the plan of subdivision. (3) Until assumption by the Town, the Owner shall maintain and repair roads both within and outside the plan of subdivision where construction has taken place or that are used by construction traffic entering the plan of subdivision and keep such roads clear of dust, refuse, rubbish or other litter of all types. (4) The Owner shall erect and maintain adequate signs to warn all persons using the road in the plan of subdivision 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. (5) Such signs and the location thereof are subject to the approval of the Town's Director of Public Works. 7. CURBS & GUTTERS The Owner shall construct curbs and gutters on the roads to be con- structed pursuant to section 6, above, according to the specifications of the Town in effect at the date hereof and shall maintain them until they are formally accepted by the Town. (z) If any curb depressions are not located correctly with respect to a drive- way, the Owner shah construct a curb depression in the correct location and fill in the original curb depression according to the said specifica- tions. SIDEWALKS The Owner shall construct a sidewalk, (a) (b) (c) on the south side of Bayfield Street between Foxwood Trail and White's Road; on the west side of White's Road adjacent to or on Block 43; on Chartwell Court adjacent to Blocks 3g and 39 and Lots 15-29, inclu- sive, and on Blocks 40, 43 and 44, between the sidewalk on Bayfield Street and the sidewalk referred to in (b), abovF; and (d) according to the specifications of the Town in effect at the maintain them until they are formally accepted by the Town. on the east side of Foxwood Trail between the southwest corner of Lot 36 and Bayfield Street, date hereof and to 9. UNDERGROUND ELECTRIC DISTRIBUTION, CABLE TELEVISION SERVICE & STREET LIGHTING (1) Underground electric distribution shall be provided for all residential lots within the plan of subdivision according to the standards and specifica- tions of Picketing Hydro-Electric Commission. PART 2 - SERVICES (Cont'd) 9. UNDERGROUND ELECTRIC DISTRIBUTION, CABLE TELEVISION SERVICE & STREET LIGHTING (Cont'd) (2) Cable television services shall be provided for all residential lots within the plan of subdivision according to the standards of Picketing Cable T.V. Limited. The Owner shall pay all costs of installation of street lighting, including poles and other necessary appurtenances for the lighting of the road in the plan, and all boundary roads requiring upgraded lighting. (4) The lighting shall be designed and installed in accordance with standards established by the Town and in conformity with the Association of Munici- pal Electrical Utilities Guide to Municipal Standard Construction. (5) The installation of all works provided for in this section shall be con- structed under the supervision and inspection of Picketing Hydro-Electric Commission and Picketing Cable T.V. Limited, as the case may be. 10. INSPECTION OF WORK Prior to the registration of the p]an, the Owner shall pay to the Town the sum of $1,260 as an engineering drawing inspection fee. (2) All works required to be constructed by the Owner, except those re- ferred to in section 9, above, shall be installed under the observation of Inspectors employed by the Town and the Owner shall pay the costs incurred therefor within thirty days of invoices being rendered. (3) The costs referred to in necessarily be limited to, and administration fees. subsection (2), above, may include, but not salaries and wages of Inspectors, testing fees il. LIABILITY INSURANCE (1) 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 in the plan of subdivision and elsewhere. (2) The amount of the Policy shall be $5,000,000. (3) 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 shall pay the cost of such renewal or renewals within thirty days of the account therefor being rendered by the Town. (4) 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 & MAINTENANCE GUARANTEE (l) Before commencing the construction, installation or performance of any of the works provided for herein, the Owner shall supply the Town with a 100% performance and maintenance security in a form satisfactory to the Town and in an amount established by the Director of Public Works for the purpose of, PART 2 - SERVICES (Cont'd) 12. PERFORMANCE & MAINTENANCE GUARANTEE (Cont'd) (a) guaranteeing the satisfactory construction, installation or perfor- mance of the works; (b) guaranteeing the payment of any amounts payable to the Town under section 11 of this Agreement; (c) guaranteeing the payment of any amount that the Town may be required to pay under the provisions of the Construction Lien Act, 1982, and (d) guaranteeing all works, workmanship and materials for a period of two years from the date that the works are completed and such completion acknowledged, in writing, by the Director of Public Works. (z) The Owner may, from time to time, apply for a reduction in the security and such application shall be made to the Town Treasurer. (3) Upon written verification from 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) thirty-five per cent (35%) of the original value where no certifi- cate or declaration of substantial performance has been made; (b) twenty per cent (20%) 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 pay- ment into court; and (c) ten per cent (10%) of the original value where, (i) a certificate of final completion has been made by the Owner's consulting engineer; (ii) 45 days following the making of such certificate 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 pay- ment into court; which ten per cent (10%) portion shall secure the guarantee of works, workmanship and materials, until the obligation to guarantee has expired, when the balance of the security shall be 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 secur]ty 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. PART 2 - SERVICES (Cont'd) 13. DRAINAGE - SODDING The Owner shall provide the Town, before commencing any of the work provided for herein and prior to the commencement of the development of the plan of subdivision, with a Grading Control Plan prepared by the Owner's Consulting Engineer, establishing the proposed grading of the lands in the plan to provide for the proper drainage thereof and the drainage of all adjacent lands which drain through those lands. (z) The Grading Control Plan shall be prepared in accordance with the Town's Lot Drainage Specifications in effect at the date of this Agreement and is subject to the approval of the Director of Public Works. (3) The grading of all lands shall be carried out by the Owner in accordance with the Grading Control Plan, under the supervision of the Owner's Consulting Engineer, (4) If, in the opinion of the Director of Public Works, drainage problems occur prior to formal acceptance by the Town of the works in the plan of subdivision,the Owner shall correct them by re-grading or by the con- struction of catch basins, swales or other structures as mav be necessary to correct such problems. (5) The Owner shall sod the front, side and rear yards of each of the res- idential lots and blocks except for paved, planted or treed areas, ul~on the completion of the construction of buildings thereon. 14. INCOMPLETED OR FAULTY WORK (D 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 notify the Owner and his surety in writing of such default or neglect and if such notifica- tion be without effect within ten clear days after such notice, then in that case, the Director of Public Works shall thereupon have full authori- ty 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. (z) 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 forthwith notified. (3) The cost of such work shall be calculated by the Director of Public Works whose decision shah be final. (4) 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 paragraph is one of the considerations, without which the Town would not have executed this Agreement. 7 PART Z - SERVICES (Cont'd) 15. DEDICATIONS The Owner shall dedicate Chartwell Court as public highway, upon the registra- tion of the p]an0 16. TRANSFERS - LANDS The Owner shall convey to the Town, free and clear of all encumbrances and at no cost to the Town, upon the registration of the plan or within the B0 days immediately following the registration of the plan, the follow- ing lands: (a) Block 40 (walkway); and (b) Block 42 (Foxwood Trail road widening). Notwithstanding the provisions of subsection (1), above, a transfer required therein shall not be deemed to be subject to an encumbrance if that encumbrance relates in any way to the existence or maintenance of a public utility in operation as of the date of this Agreement. 17. TRANSFERS - EASEMENTS (1) The Owner shall arrange at no cost to the Town for granting to the Town such easements as the Director of Public Works or his designate shall deem necessary for the provision of storm sewer services both within the boundaries of the plan of subdivision and across lands adjacent thereto but outside its boundaries. (2) Such easements shall be subject to the approval of the Director of Public Works or his designate as to their location and width. (3) The construction of any services in such easement or easements referred to in subsection (1), above, 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 name the street "Chartwell Court" on the final plan. 19. SERVICE CAPACITY This Agreement shall be subjeci to the Owner entering into satisfactory ar- rangements with the Town and the Regional Municipality of Durham with respect to the allocation of sewage treatment p/ant capacity and water capacity for the development. 20. GENERAL PROVISIONS - SERVICES The Owner agrees with the Town: (a) Paving of Driveway Approaches To pave all driveway approaches on the plan between the curb and side- walk, or, where no sidewalk is to be provided, between the cur}~ and the lot PART Z - SERVICES (Cont'd) 20. GENERAL PROVISIONS - SERVICES (Cont'd) (b) Continuation of Existin~ 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 and workmanlike manner. (c) Public Lands - Fill & Debris (i) Neither to dump nor to permit to be dumped, any fill or debris on, nor to remove or permit to be removed, any fill from any public ]ands, including Ontario Hydro ]ands, other than in the actual construction of the road in the plan of subdivision without the written consent of the authority responsible for such lands. (ii) On request, to supply the Town with an acknowledgement from such authority of the Owner's compliance with the terms of sub- clause (i), above. (iii) That there shall be no burning of refuse or debris upon its lands or any public lands. (d) Construction Traffic Wherever possible, to ensure that construction traffic serving the devel- opment of this plan does not use roads, in this plan or adjacent plans, having occupied residential units fronting thereon. (e) Qualitative or Quantitative Tests The Director of Public Works may have qualitative or quantitative tests made of any materials which have been or are proposed to be used in the construction of any services required by this Agreement, and the cost of such tests shah be paid by the Owner within thirty days of the account being rendered by the Town. (f) Relocation of Services (i) To pay the cost of relocating any existing services and utilities caused by the works within thirty days of the account for same being rendered by the Town. (ii) Similarly to 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) 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. (h) Temporary Signs To provide and erect at its own cost, to the specifications of the Town, temporary signs of such nature and at such locations as may be designa- ted by the Director of Public Works. (i) Permanent Signs To provide and erect at its own cost, to the specifications of the To~'n, permanent signs of such nature and at such locations as may be designa- ted by the Director of Public Works. PART 2 - SERVICES (Cont'd) 20. GENERAL PROVISIONS - SERVICES (Cont'd) (j) Engineering Drawings Prior to the final acceptance of the works, to supply the Town with the original drawings of the engineering works, with amendments, if any, noted thereon. (k) Snow Plowing & Sanding of Roads (i) If, in the opinion of the Director of Public Works, the condition of the road surface is not acceptable for winter control, to snow plow and sand such roads from such occupied buildings to exist- ing Town roads or to subdivision roads that receive the Town's winter control service, including alternate means of access where available. (ii) 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 & Markers Prior to the acceptance of the works by the Town, to supply a statement by an Ontario Land Surveyor that, after the completion of the works, 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. PART 3 - CONSTRUCTION - OCCUPANCY OF BUILDINGS CONSTRUCTION & OCCUPANCY OF BUILDINGS (1) 21. 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. No building or part of a building in the subdivision 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: (i) Storm sewer, sanitary sewer and water facilities are installed and in operation to adequately serve such building or part thereof; (ii) Electric service is completed and in operation; (iii) An asphalt base has been laid on the road immediately in front of the building or part thereof and extended to an existing main- tained public road; and (iv) Such curbs, as in the opinion of the Director of Public Works, are required to be completed prior to occupancy have been con- structed on the said road and extend to an existing maintained public road. (4) (a) Should any building or part thereof in the plan of subdivision be occupied without the prior issuance of a municipal occupancy permit, then in that event, the Owner shall pay to the Town the sum of $1,750 for each building or part thereof so occupied, as liquidated damages therefor. (b) The issuance by the Town of municipal occupancy permits for each and every building on any lot or block in the plan of subdi- vision shall be deemed to be a release from the provisions of this subsection with respect to that lot or block. (5) The Owner shall maintain vehicular access to all occupied buildings in the plan of subdivision until the road is formally assumed by the Town. 22. TIME LIMIT FOR CONSTRUCTION (i) The Owner shall construct or cause to be constructed 36 housing units, which shall be completed within two years of the date of registration of the plan. (z) In the event that more or less than 36 housing units are to be construct- ed, an amendment to this Agreement shall be required. 23. DESIGN PLANNING (l) (a) The Owner shall, prior to the issuance of any building permit for the construction of any residential unit, submit to the Town's Director of Planning, for approval, a report outlining siting and architectural design objectives for the development which approval shall not be unreasonably withheld. (b) This report may be required, at the Director's option, to provide the following information: PART 3 - CONSTRUCTION & OCCUPANCY OF BUILDINGS (Cont'd) 23. DESIGN PLANNINg3 (Cont'd) (i) house massing; (ii) streetscape; (iii) exterior materials and co]ours; (iv) architectural style; (v) visual variety; (vi) energy conservation measures; and (vii) any other data or information required. (2) (a) The Owner shall, prior to the issuance of any building permit for the construction of a residential unit, submit to the Director, for (b) approval, site plan and architectural drawings for that unit, which approval shall not be unreasonably withheld. These plan and drawings may be required, at the Director's option, to provide the following information: (i) the location of all buildings and structures to be erected and the location of all facilities and works associated therewith; (ii) (iii) (iv) (v) (vi) the location of landscaping features, including trees to be preserved; streetscape for front and rear elevation at a scale accept- able to the Director; streetscape to show all street furniture and vegetation; the relationship of buildings by blocks; and any other data or information required. PART 4 - FINANCIAL MATTERS 24. FINANCIAL PAYMENTS (1) The Owner shall pay to the Town a unit levy in the amount of $1,750 per unit, for each dwelling unit for which a building permit is received. (2) No building permit shall be issued for any dwelling unit unless payment of the unit levy shall have been made in advance of the issuance of such permit with respect to such dwelling unit. (3) Payments of such levies shall be made to the Town from time to time as building permits are required. (4) In any event, the Owner shall pay all levies due under the provisions of this section in full, no later than eighteen months from the date of registration of the plan. (5) 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. 25. FINANCIAL SECURITY The Owner shall, immediately prior to the registration of either of the plan, deposit with the Town, a security payable to the Town, in a form satisfactory to the Town, for the sum of $63,000 as security for: (a) the payments referred to in section 24 hereof; and (b) the payment of liquidated damages referred to in subsection (4) of section 21 hereof. 26. 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 time. (b) Local Improvements Prior to the release of the plan for registration, to prepay any outstand- ing local improvement charges which are levied against any of the lands in the plan of subdivision. (c) Interest To pay interest at the rate of eighteen per cent (18%) 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) Registration Fees To pay ail registration costs incurred by the Town relating in any way to the registration of the plan of subdivision or any other related documen- tation, including transfers, in the Land Tit]es Office. PART 4 - FINANCIAL MATTERS (Cont'd) 26. GENERAL PROVISIONS - FINANCIAL MATTERS (Cont'd) (e) Lien or Other Claims Upon applying for final acceptance of the works, to supply the Town with a Statutory Declaration that all accounts for work and materials have been paid, except normal guarantee holdbacks, and there are no claims for liens or otherwise in connection with work done or material supplied for or on behalf of the Owner in connection herewith, or if such claims do exist, the Owner shall indemnify the Town against all claims, actions or demands for construction liens or otherwise and all costs in connection therewith. 27. EXPIRY OF SECURITIES (1) Should any security required to be given under the terms of this Agree- ment expire during the currency of the Agreement, the Owner shall provide to the Town at least 30 days in advance of the expiry date o{ that security, a further security to take effect upon the expiry. (2) Such further security shall be to the satisfaction of 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 any further security. 28. TERMINATION OF LEVY/OCCUPANCY SECURITY (i) The security required to be deposited with the Town pursuant to the provisions of section 25, above, may only be terminated or cancelled by the Owner after the Municipal Occupancy Permit for the last residential building or part thereof to be constructed in the plan has been issued by the Town. (z) Notwithstanding the provisions of subsection (1), the Owner may, from time to time, apply to the Town Treasurer for a reduction in the amount of the security referred to in subsection (1), as Municipal Occupancy Permits are issued. PART 5 - PARKS & TREES 29. PROVISION OF PARKLAND The Owner shall pay to the Town, prior to the registration of the plan, the sum of $30,870, which sum shall constitute cash-in-lieu of the provision of parkland for the plan, and the Town agrees to accept same in full satisfaction of the Owner's obligation to convey parkland to the Town. 30. FENCING (1) The Owner shall erect, upon the completion of final lot grading and seeding or sodding the lands in the plan, a permanent fence of the same type, standards and specifications as the fence presently erected along the easterly boundary of Lot 81, Plan 40M-1232, such permanent fence to extend from the northerly end of the latter, along Blocks 41, 44 and 45 to the intersection of Bayfie]d Street and White's Road. (2) The fencing required to be constructed pursuant to subsection (1), above, shall be constructed so as to meet or exceed the requirements for swimming pool enclosures as set out in Part II of the Town's By-Law 425/76, as amended from time to time, or any successor thereto. (3) The Owner shall further erect, at the time the fencing referred to in subsection (1) is erected, vehicle barriers on Block 43 adjacent to Chart- well Court, to be constructed in accordance with the Town's specifications therefor and to the satisfaction of the Director of Public Works. 31, DRAINAGE ONTO OPEN SPACE/PARKLAND The Owner shall ensure that the lands within the plan of subdivision do not drain surface run-off water onto Town owned parkland, open space or walkways. (2) 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 six metres from the property line, suitable swales and catch basins to adequately manage, in the opinion of the Director of Parks and Recre- ation, all surface run-off water, draining onto the parkland open space or walkways from the lands within the plan of subdivision. 32. LANDSCAPE PLANNING (1) The Owner shall, prior to the issuance of building permits for any of the units to be erected on the lands in the plan, submit a landscaping plan for all of the lots and blocks on the plan to the Town for approval. (2) Upon approval by the Town of a landscaping plan, the Owner shall con- struct, install or plant the landscaping works, as the case may be, in conformance with the landscaping plan according to the time limits set out in Schedule A. 33, TREE PLANTING The Owner shall plant on road allowances within or adjacent to the plan, trees of a size, number and type acceptable to the Town. (2) A schedule of the Owner's tree planting scheme shall be approved by the Director of Planning prior to the planting of any trees. (3) A ]is/ of acceptable tree species and sizes will be provided. PART 5 - PARKS & TREES (Cont'd) 33. TREE PLANTING (Cont'd) (4) The trees approved by the Town shall be planted by the Owner no more than six months after final grading is done in the specified area. (5) (i) The Owner shall plant one tree per residential unit in the plan. (ii) Where the density is too great to enable this quota to be met, the . Owner shall provide $70 for every unit for which a tree cannot be planted for tree p]anting in a public land area within the commu- nity in which the plan is located. PART 6 - GENERAL PROVISIONS 34. LICENCE TO ENTER The Owner shall retain a licence from any subsequent purchaser of the lands in the plan, or any part thereof, to enter upon such lands in order to comply with the provisions of this Agreement. 35. CANCELLATION OF AGREEMENT In the event the plan of subdivision is not registered on or before December 31st, 1985, the Town may, at its option on one month's notice to the Owner, declare this Agreement to be null and void. 36. 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 second day immediately following the date of the deposit thereof in the Post Office. 37. ENCUMBRANCER This Agreement shall have priority over and take precedence over all of the Encumbrancer's rights or interest, 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 registered on title to the lands affected hereby, or any part of them, prior to the registration of this agreement. 38. INTERPRETATION (1) Whenever in this Agreement the word "Owner" or "Encumbrancer", or the pronoun "it" is used, it shall be read and construed as "Owner or Own- ers" or "Encumbrancer or Encumbrancers", and "his", "her" or "them'~, respectively, and the number of the verb agreeing therewith shall be construed accordingly. (2) Schedules A and B attached hereto shall form part of this Agreement. 39. TIME Time shah be of the essence of this Agreement. 40. BINDING PARTIES This Agreement and everything herein contained shah enure to the benefit of and be binding upon the Parties hereto, their successors and assigns. PART 6 - GENERAL PROVISIONS (Cont'd) IN 'WITNESS WHEREOF, the Parties of the First and Second Part hereto have hereunto affixed their Corporate Seals attested to by the hands of their proper officers in that behalf fully authorized and the Parties of the Third Part have have hereunto set their hand and seal. SIGNED, SEALED & DELIVERED BRAMALEA LIMITED Vice-President Vice-President THE CORPORATION OF THE TOWN OF PICKERING Mayor Clerk In the presence of KALEN SHUMOVICH JULIA SHUMOVICH SCHEDULE A 1. TIME LIMIT FOR WORK & GUARANTEE FOR WORKMANSHIP & MATERIALS (i) (2) Save as herein otherwise provided, the Owner shall complete the works required under this Agreement within the time limits specified in the Table set out below and shall guarantee the workmanship and materials for a period of two years from the date that the said works are approved in writing by the Director of Public Works, the Director of Parks and Recreation, or the Director of Planning, as the case may be. Any works 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 Construction (a) Aboveground Services Two years from the date of the regis- tration of the plan of subdivision (b) Underground Services Two years from the date of the regis- tration of the plan of subdivision POSTPONEMENT OF PROVISION OF PARKLAND (i) Notwithstanding the provisions of section 29 of this Agreement, the Owner may, prior to the registration of this plan, elect to postpone its payment to the Town of cash-in-lieu of the provision of parkland for the plans, subject to the terms and conditions of this section. (2) Such election shall be in writing and shall be accompanied by an irrevoca- ble letter of credit, issued by a chartered bank in Canada, in the amount of $35,190, and in a form satisfactory to the Town, to secure the Owner's obligations under this section. (3) Such letter of credit shall be for a term of one year, and shall be re- newed no later than 30 days prior to the end of the year for a further term of one year, and so on, until the Owner complies with a demand of the Town under subsection (4), below, or until the Town draws upon the letter of credit under subsection (6), below; each time the letter of credit is renewed, the amount thereof shall be increased hy an amount equal to the prime rate of interest of the Town's bank, plus three per cent (3%), times the amount of the expiring letter of credit. (4) At any time after the registration of this plan of subdivision the Town, by written demand to the Owner, may require the Owner either, (a) to convey to the Town, free and clear of all encumbrances, and at no cost to the Town, 0.278 hectares of land suitable for parkland and located in the Town's Highbush Community; or (b) to pay to the Town, by cash or certified cheque, a sum equal to the amount of the letter of credit required to be provided under subsection (2), above, as renewed to the date of demand, and the Owner shall comply with such demand within 60 days of the date of demand. (5) The choice of requiring conveyance of land or payment of money shall be the Town's exclusively. (6) In the event that, (a) the Owner fails to renew an expiring letter of credit in accor- dance with the provisions of subsection (3), above; or SCHEDULE A (Cont'd) POSTPONEMENT OF PROVISION OF PARKLAND (Cont'd) (b) the Owner fails to comply with a demand of the Town in accor- dance with the provisions of subsection (4). above, the Town may draw upon the expiring or existing letter of credit, in full, at its sole discretion. (7) In the event that, (a) the Owner complies with a demand of the Town in accordance with the provisions of subsection (4), above, or (b) the Town draws upon an expiring or existing letter of credit in accordance with the provisions of subsection (6), above, the Owner shall be deemed to have complied, in full, with the provisions of section 29 of this Agreement and of this section, and the Owner shall be released of any obligations imposed upon it by section 29 and by this section. 1779 RAIL CRESCENTfFOXWOOD TRAIL (1) The Owner shall provide a report to the Town for its approval indicating the effect that storm water management, site grading, and below and aboveground services within the plan will have on the existing residential dwelling at 1779 Raft Crescent/Foxwood Trail. (2) The Owner shall undertake and guarantee any work recommended in the report. (3) This provision may be waived by the Town without amendment to this Agreement. FUTURE DEVELOPMENT BLOCKS - BLOCKS 37, 38, 39 (D The Owner shall not develop Blocks 37, 38 and 39, or any of them except in conjunction with other lands and then only after an amendment to this Agreement is entered into. (2) Until Blocks 37, 38 and 39 are developed, in a clean and orderly condition to the Public Works. the Owner shall maintain them satisfaction of the Director of SCHEDULE B SPECIAL PROVISIONS REQUIRED BY OTHER AGENCIES The sections set out in this Schedule represent provisions not affecting the Town but required to be inserted in this Agreement by other agencies; these sections are not intended to bind the Owner to the Town nor the Town to the Owner in any manner whatsoever and are not to be construed as relating in any way to any of the other provisions .of this Agreement. METROPOLITAN TORONTO & REGION CONSERVATION AUTHORITY ("M.T.R.CoA.") (1) Prior to the initiation of grading and prior to the registration of this plan the Owner shall submit £or the review and approval of M.T.R.C.A., a detailed engineering and drainage report illustrating how this drainage system will tie into the surrounding drainage system and the proposed methods for controlling or minimizing erosion and siltation on-site and/or in downstream areas during and after construction. The Owner shall carry out, or cause to be carried out, to the satisfaction of M.T.R.C.A., the recommendations referred to in the report require in subsection (1), above. DURHAM BOARD OF EDUCATION The Owner shall insert the following clause in the sale and purchase agreement for each lot: "School children £rom this development may have to be transported to existing schools. Although a site in the area has been reserved for a school building, a new school may not be built for several years if at all, and it will be only when the number of students from a geographic attendance area warrants the new accommodation."