HomeMy WebLinkAboutBy-law 420/76THE' CORPORATION OF THE TOWN OF/P'ICKERING
BY-LAW NUMBER / t VG_
Being a by-law of the Corporation
of the Town of Pickering to authorize
the execution of an offer of Purchase
and Sale between the Corporation and
J.D.S. Investments Limited
(Part of Part 32, Plan 40R-923)
WHEREAS by Resolution 166/75 the Council of the
Corporation of the Town of Pickering adopted a recommendation
of the Executive Committee being Item 9, meeting of November
10th 1975, that the Town of Pickering enter into an agreement
of Purchase and Sale with J.D.S. Investments Limited;
NOW THEREFORE the Corporation of the Town of Pickering
hereby enacts as follows:
1. That the Mayor and Clerk be authorized to
execute an Offer of Purchase and Sale between
the Corporation of the Town of Pickering and
J.D.S. Investments Limited being the most
easterly 81.08 feet of Part 32, Plan 40R-923.
By-law read a first, second and third time and PASSED this
day of itlww , 1976.
Mayor
Administrator-Clerk
A+nrnd,d Noo. 11170 DYe h Uunmm Co I.nulyd -- lino Ia, C, oa
' Fonn No. I15
J.D.S. INVESTMENTS LIMITED
The undersigned, ..
(herein called "1'n rchuaer") having inspected the real property, hereby agrees to atoll with
......_THE MUNICIPAL CORPORATION OF THE TOWN OF PICKERING ---- -(herein called "Vendor")
through ... ... no AFrent for the Vendor,
to pmehase all and singular Clio promise, being the most easterly 81.08 feet of Part 32 Plan 40R-923,
being part Lot 22, Concession 1, Town of Pickering, Regional Municipality of Durham,_ having
an area of about 2,675 square feet, as shown outlined...in red .on .the sketch annexed hereto _
and.marked as Schedule "A"
(herein copped "the real property")
at the price of....One, Thousand-----------------------------------------------
.. Dollar ($ 1, 000.00
100.00 )
of l One Hundred ----- ----- -------- - ($
awful money of Canada, payable Cheque -- --- - - - -..Dollars .. .
to the Xy{1mtxf0XXl3cYendor as a deposit to be held by such VeAnn or
pending completion or other termination of this at-rccment and to
he credited on account of purchase money on closing, and the Purchaser agrees to pay the balance on closing,
by way of cash or certified cheque, subject to the usual adjustments.
The Vendor covenants as follows:
1. To do all acts, pass all by-laws and obtain all approvals as may be required under
relevant legislation, on or before date of closing, in order to give full force and
effect to the within agreement and the resulting conveyance.
2. To produce on or before date of closing satisfactory evidence verifying that all
necessary steps have been taken in order to satisfy the requirements of all relevant
legislation with respect to the closing of the road of which the real property at one
time formed a part and that said real property has been, as required by all relevant
legislation, offered to abutting owners for purchase and to produce satisfactory evidence
that such abutting owners waived their rights with respect to the real property.
The Purchaser covenants to arrange for the preparation, delivery and registration, on or
before date of closing, of a Description Reference Plan noting thereon as a part, the real
property herein, at its own expense, and in that regard, the Vendor will co-operate with
the Purchaser fully, so long as the Vendor is involved in no expense in connection therewith.
TENANCY (if any)............ nil
This agreement shall be conditional upon the Vendor, at his own expense, complying with the provisions of the Planning Act and
any amendments thereto.
PROVIDED the title is good and free from all encumbrances except as aforesaid. The Purchaser is not to call for the production of
any title deed, abstract or other evidence of title except such as are in the possession of the Vendoe$xoldoNCiix xu:motkoGR;h.R92XSS}v;}iRd
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JFxtt:%7."XXrdXjEX!'xS;?:1z<Hxx7l'?h.^-x7j uotl+The Purchaser is to be allowed thirty (30) days from the date of acceptance
hereof to examine the title at his own expense. If within that time any valid objection to title is made in writing to the Vendor which
the Vendor shall be unable or unwilling to remove and which the Purchaser will not waive, this agreement shall, notwithstanding
any intermediate acts or negotiations in respect of such objections, be null and void and the deposit shall be returned by the Vendor
without interest and he and the Agent shall not be liable for any costs or damages. Save as to any valid objection so made within
such time the Purchaser shall be emulusively deemed to have accepted the title of the Vendor to the real property. This transaction
i
.? 13 76 on whi '
of the purchase and sale is to completed on or before the 33-si ,- day of -F#ey rrein.
date vacant possession of the rpea al property is to be given to the Purcha scr unless otherwise provided h/rein
'faxes, Local Improvement, and Assessment Rates, etc., to be apportioned and
allowed to date above lined for completion of sale.
This offer, when accepted, sha!I constitute a binding contract of purchase and sale and time shall in all respects be of the
essence hereof. It is agreed that there is no representation, warranty, collateral agreement or condition affecting this agreement or
the real property or supported hereby other than as expressed herein in writing.
.Weerikiisn:w.?sduenainas+awh+oa?aroitme-.M.i--i.nr.?,r?,
shall be and remain at tiro risk of the Vendor until closing. Pending completion of the =ale, ih? c A;, ;r1.ia?ki•fi}t°-rtY;m:uicG linlieirs
and the proceeds thereof in trust for the parties as their interests,?a y,;_+aNwrrwnM'1YPCVi1SL'o7?( aniage to the said premises the Pur-
chaser may either have the proceed.- Q,;ru?u+w+ase.+?tmeP"CTfi1 {'STcte taw purchase, or may cancel the a^rcement and have all monies
therete9q "
;?ikael:.•ratt??tf"`F"Ytll'ai? mterr9l. Any storm or screen sash or doors, aaLcr tanks and venter heaters, rrnti:vl heating
Deed or transfer to be prepared at the expense of the Vendor and mortgage at the expense of the Purchaser. If Vendor is a trustee,
deed or transfer is to contain trustee covenants only and mortgage is to be on Vendor's usual long form.
Any tender of docunient.s or money hereunder may be made upon the solicitor acting for the party on whom tender is desired and
it shall be sufficient that a negotiable certified cheque may be tendered instead of cash. is
This offer and its acceptance is to be read with all changes of gender or number required by the context.
J_
This offer shall be irrevocable by the Pmehnser until 11:5.5 pair. on the (ems day of 1Y, A-° , 1976)
after which time, if not accepte this offer shall be null a?(iy?1?void and the deposit returned to the Purchaser without interest.
p ATED at _..., thls .. 5?.. .........day of ...... .. . .... A.D.197
..... .......... .... ....... . ....
SIGNED, SEALED AND DELIVERED IN WITNESS whereof I have hereunto set my hand and seal, -
in the presence of: J.D. S . IN TMENTS LIM ED
... Per:..., t ..." .. \ .
- Purchaser.
The undersigned accepts the above offer awsk.afiesaa,ew
above Offer to pay him, on the date above fixed for cool
tioned sale price and I hereby autbnrize hint
los;r,ldjk61,
bi
11M18?W??' 1<n/t1,P?ibdlulJtlf?lYWtrM?1• ..? +.:.. ...••yle,INy,a•e.•,gwy?,lry?!:0(1Joe
a coin ni",ion of ro.•,iri vu}nsiiuaau»Y?iHln:i l'1N 1'ho'lil,uvr imm-
osmriltirrtD'41"G1^"LI1 ?, 1i'l lcrcof oLL of anv drpo:at paid to hlm by
ly instruct my solicitor to pay any unpaid balance of commission to
DATED at ....Pickering ,Ibis .................duy of ... ....,. ........,...... . ?...._...................., . .., A.D.1976.
SIGNED, SEALED AND DELIVI RED IN WITNESS whereof I a avr )< a set my hood and rnl
in Clio presence of: THE MUU I f y WIJ?a II(E 'T'OWN OP 11ICKERING
n '-
Pe M3 or ?U- minor.
.......... P.C.Y%
Clerk Vendor.
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IN FAVOUR
EASEMENT OF THE I P;R
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CORPORATION OF THE TOWNSHIP
OF PICKERING
INST. NSS 249442 8,
249445
P:. :': "' ri
4i);t - $23
/73
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Vendor's Solicitor
Vendor's Wife's Name
Purchaser's Solicitor
Purchaser's Wife's Name
Deed or Transfer to be made to
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I/We the undersigned hereby acknowledge this date having received my signed copy of this accepted
Agreement of Purchase and Sale and hereby authorize Real Estate Broker named on reverse side of this
agreement to send said copy to my Solicitor(s) forthwith.
Address
Dated
Witness
Vendor's Signature
I/We the undersigned hereby acknowledge this date having received my signed copy of this accepted
Agreement of Purchase and Sale end hereby authorize Real Estate Broker named on reverse side of this
agreement to send said copy to my Solicitor(s) forthwith.
Address
Dated
Witness
Purchaser's Signature
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