HomeMy WebLinkAboutBy-law 2809 A By-law of the Corporation of the i~hip of Picketing
to authorize the Corporation to sell certain lo.~nship Ind, strial
~nds to the ~ydr~El~tric f~r C~,is~.ian ~f Ontario.
of Lot 20~ :lar~e 3, :;rol,:en Fret (;oncession i,':. the T..~wnnb, ip
rtc~a~rtn, g, s~b~wn on the draft platt attached hereto and desires
sell ~rt thereof sh~n e~ed in red havit~ an
10.~5 acres to the }{ydro-};lectrie P~er ~,.
1. That the 'l'~-nship ~ell the aforesaid l~s sh~ edged
tn red ~n the at~ached plan to the
of oat~ic at the price of 3~000 p~ ac~.
2. That the ~leeve and Clerk a~ authorimed to exec,Jte the
· ~e~ent of S~m md Med to car~ ont the sale of thd said laais
to the kl~r~i;lectric P~er C~issian of Ontario. ~e Agre~ent
to ~ in the fora attached hereto am Ap~Mix
:'~"""~,-,,,., a First mid ,,econd" ti~ this ~ day af 2uly, Z963.
:IE&D a Third ti~ ~d ~'' ......... ·
, ',,~,~ tMs~ ~ y of July, 1963.
TO{ HY~iO-ELECTRIG POh'~ CA))9,1ISSION OF O~ffARIO
(hereinafter called the "¢~mm~missiou")
?HE O~RPO~?ICN OF ~.:tE ?i;~v~$~Ip ~]~ 'P.IC.~;Y;RI~(; (hereinafter
called the "T~ship") heresy makes to you the fol!m4~ offer ~ich
shall ~ o~en for acceptance in ~,Titt.~ until one mi~te before ~doi~ht
the 2nd day of A~mt~ 1963.
~e l~ship offers to sell all and sin.~ular ~ela~s and .-
~remise8 in the T~hip of i ickerin~ in ~e County of Cntario, more
~ticularly descried in the '%cbe~lnle an~e4 hereto.
~e p~ee of the said ]~nds ~hall be the ~ of
or less at the rate of ~3,0C0 ~r acrestt beir, g un~.~erstood and skied
that the maid purchase price .hall be adJnsted in accordance with the
actual acreage as ascert~ned by a su~ey to be p~:~mred by the T~ship)
~yable aa
(531,6~) in cash or by~qt.e ,~n cl.osing~ subject to the ~sual adjust~nts.
~e Agree~nt restflti~ ~m ~he acceptance of this (,fret is
also subject to a~ incl~es the foll~~ provisions ~d ~Mition.=
1. ~e date of closing this tra~action sh~l be ~ days afeer
the date on ~ich the '~ship gives notice to the C~ssion that it
has received the aD~al of the {)s~r~nt of )h~ci~l Affairs and
necas9ary the Ontario ),hmici~l Soacd and a~ other neces~a~ gover~en~
b~ op agency to the sale of the said la~s ~ursnant to this
~is ..%~e~ent is m~bJect to the approval of the ~r~nt of
~uni~i~l .~ffairs and i~' nmcez~ary tho ~:,~arto .>{u~ci~l i;oard and of
other n,emmm~y g~rn~n~ ~ ~fici~l boaM~ or dep~r~nts a~ that
if such ap~ovalm ar~ ~fused or earmo~ bm obt~ ~d this A~reement shall
thereupon ~ u~l a~ void and n~ith~r ~y hereto shall b, ,nHer any
f~t~er liability hmreuMmr,
3. ~e Co~ission hereby agrees tha~ upon c!osi~ it will deliver
to the T~nshi~ m u~aki~ in consideration of clo~tn~ as
(a) ~ ti~ after closi~ upon ~nt by the ~ship to
~e C~ssion at the rate of ;~l~,~0 l. er acre~ the C~,',flssion shall
Co~ey to the T~hip for r~d ~nrposes as re~.dred by the
a~ ~rt or ~ts of the said lands bb feet ~de in reasonable locations
~ich the g~ssion approves a~ ~ich will not ir, coffers with the
~msion~ s works.
ih) Any time after closip4 the C~ssiou shall convey at
req. est of the T~hip any easements for se~rm, water ~ins or
other me.ices aa ~y be founj .ccemsary by the Township at ~e rate of
51~500 per acre in reaso~ble locations which th~ (;o~ssion approves
aM ~ich ~il not interfer~ witi~ the C~ssion's works.
(c) At ur ti~ after closi~, in the event that the
const~ct~ a rail~y lie upon the said lands, the Co. lesion sha~l
sider ~queata from the o~er~ and occu>ters from tim to ti~ of the
r~ainder of the lards described in the ::dchedule hereto anne~d to use the
said railway line upon ~ent by such o~er ~ occu~,nt of reaso~ble
c~nsation therefor.
(a) at any tim after closing, in ~e event that a
line ia required on the said l~ds by the ~rs or occupier, of the
aforesaid re~i~er of the la~s described in the Schedule hereto
any tim kfon the ~llion ha.~ constructed a rail~y lime on the
lan~:~m, tha C~saiou shall c,.~iaer any proposal for the
and use of a r~l~ay line on the sail lands on a Joint use basis.
4, It is expressly understood that time is to be con~idered of
t~e essence of ~his Agreement, It :i~s ~t~er understood and ~reed
that tha I,~nship sh~l not be bou~ to f~h any abstract of title~
title ~eeds, proof or evidence of title or ~y copies thereof, other
~ban those in the T~n~hip'a pester.los or control; ~d that the
C~aaiou .hall be all.ed 20 day~ fram ~h~ date on ~ich the
ship n~ifies the (;a~ien ef the a~pr~l of this A~ree~ent by the
De~rt~nt of ~hmici~l Affairs an~ if uece~ary The Ontario ~nicipal
B~ t~ inv~.tigate the title to t~e ~aid lands at Its ex~n~e,
if. within tba~ ti~, the C~~ion ~ball furnish ~he T~mshtp, im
~iti~. with a~ valid objection to the ti~e which the i~ow~mhip ~ha~
be unable or unwllli~ to remove anJ which the Com~alom ~11 not
this .~ree~nt .hall be null a~ void, a~M the de..it ~oneya, if aay,
~ball be ~tum~ed to the O~issioa ~ithout interest or d~duc~iom and
the T~nahip ~hall net be liable fo~ ~ay e~n~e immured by the
Ce~i~iom. and ~ave aa te any valid obJectian .e ~ade within ~uch ti~
the da~aaiam ~hall ~ ~oa~lusi~ely deened t~ HAw~ accepted the title
to ~aid
corporate ~eal umber ~e b~ds af its ~eeve ~d ~lerk duly authm'ized
in that ~ha.~ this ~~y .f July,
The ~,nderligmed hereby accepts the~eve offer
DATED at Toronto this day of , 1963.
ALL, ,~%~D .';INOUI-~d{ that certain parcel or tract of lan~ a~u/ pre.,nttses
situate, ly~.ng aM bei~ in the T~ship of ?ickeri. ng~ C~,nty
(~t~io and bei~ composed of ~r~ of Lot 20 in the 3rd [~ange
the Srol~ea Front Concession of the said To~ship of Pit--riM having
an ap~o~rmte area of 10.55 acres sho~n outlined in red o~
copy of the p~lM~~ plan of su~ey hereto a~xed prepared by
~, 5, ~4clntomh, O..~.S., dated ~y 12, 1963.
OA?:t~ Ju*ly 1963 o
and
Stevens Ilassard ~ l'.711tott~
907, $0 itng Street
Tarnnto~ t~nt&rio