HomeMy WebLinkAboutBy-law 717/77Y~LAW 717177
REPEALED BY
REPEALS
AMENDED BY
AMENDS
DISPOSITION
THE CORPORATION OF THE TOWN OF PICKERING
BY-LAW NUMBER -i i 7 f r
Being a By-Law to authorize the execution
of an Agreement of Purchase and Sale
between J.D.S.-Investments Limited and
the Corporation of the Town of Pickering
with respect to the most easterly 81.08
of Part 32, Plan 40R-923, being Part Lot
22, Concession 1.
THE .+?UNCIL OF THE CORPORATION OF TAE? TOWi OF PICKER:ING HERI BY
ENACTS AS FOLLOWS':
1.
The Mayor and Clerk are hereby authorized to
execute an Agreement of Purchase and Sale
between J.D.S. Investments Limited and the
Corporation of the Town of Pickering with
respect to the most easterly- 81.08` of Part
Lot 32, Plan 40R-423, being Part Lot 22,
Concession 1. Pickering.
By-Law read a first, second and third tine and PASSED this
clay of W& , 1977.
or
Clerk
,4 t
j C.S :ED Were in calle3 the >trl e! asLx'
c ,.sr c ed the re
.e
h
c.
rty,
ereby agrees to and with
- THE CORPORA _ M O _:r TUC; C -F PICK RIZIG (.? ier the
can cal
n
ed
T
l
"
F, _.G(, r
) to purchase
:
hLL z ND S lINGUL '. the premises being the most easterly
81
08
.
feet of Part 32, Pion 40,R-923, 'teeing Fart Lot 22
,
Concession 1, Town of Pickering, regional Municipalit
y
of Durham, having an area of about 2,675 square feet
,
as shown outlined in heavy black on t? ,e sketch attached
hereto and marked as Schedule "n" (herein called "The
Real Property")
} at the price of One Thousand Dollars ($1,000.00) of ,a:;,•fu
i money of Canada, payable by cheque One Hundred Dollars
($100
03)
1 .
to the Vendor as a deposit to be held
by such
Vendor penning completion or the termination of this a,:r e nlOnt
t
d
an
,.
o be
credited an account of c:ase ,<r.zue on closing
d th
,
an
e Purchaser agrees to pay t bas'u. ? '
.tvt? z cs?s?nn
,
flay of cash or certified cheque, subject to 4t c- usual a' `;tri
'. The Vendor cove-giants as follows:
' (a) To do all acts, pas all by-laws, c0tain all illorox4ils
' as may be required Under _ relevant i 4 ._ la _on
of or
,
before the date of closing, in o 0 o give f u l l
and effect to the within u3*e<_... nt -nd t1--,,_- re°s ltjn
j
conveyance;
{b) To produco on or before the cote c f n , <f•. , ,,Y
evidence verifying that all
takes; in order to satisfy he t <.,i: a!! ', l •Vant
legislation with respect to _ -coo. ?? ,' ,:.i
which the Real Property at cuic ti ? C . 1 1 ,
that the said Real Pryw ty
relevant legislation, offered to tt c ? lt,,,
purchase, and to :?r< _ce
t i. r cr1
abut ting own-: s waived t .t .r _ ,ht t lie
Reams Property.
The Purchaser covenants as
{a) To arrange for the preparation, el `
on or before the date of closing, of _do . ride ion I r i 'rance
plan noting thereon as a part, the P ._ Pro;,,.r l at
its own expense, and in that , rr ,
with the Purchaser fully, so long as t _ .7ndo is volv,rd
in no expense therewith.
This agreement shall be cc : :or i the Voin,,,r,,r, at
its own expense, complying with he provisions of T e i -::;Wing
Act and any amendments thereto.
Provided that title is coed and free from all end -maces
except as aforesaid. The Pl.: iseris not to call for t.-.e
production of any title deed, abstract o_ot;^er J; n cn of
title except such as are in the possession of the V, ,,cr;,-. The
Purchaser is to be allowed thirty (30) days from ca _ ` of
acceptance hereof to examine the title at its own exen r if
within that time any valid objection to title is m - ;siting
to the vendor which the Vendor shall be u ale 3runwilling to
remove and which the Purchase- will not waive, chic agrr- . „ent
shall, notwithstanding any intermediate acts or c•gotiat ohs in
respect to such objections, be null and void and the eposit
shall be returned by the Vendor without interest a=_d it hall
not he liable for any costs or damages. Sava as to any valid
objection so made within such time the Purchaser shall ce con-
clusively deemed to have accepted the title of the Vendor to
the Real Property.
j...2
This tra sac:_icm of _." . ase and Sale is to be
cor.: 1-et- y on or before _h_ ? c _ of JANUARY 1976
on which cater- vacant possess--c-)n Rea `
.. of ? L. ..l .E o:-- 3 CAF is to
be given to the Pa r '. Ser. sax^_s, local ^`t•.'."', ^ha ;,es
/ and.??xsa?_ss .._". _ rates, etc_ are to be. apportioned and allowed
to date ova f xed for completion of the sale.
This Otter, -,.hen accepted, shall constitute a l _,ndinC.
contract of Pt rtAase and Sale a^3 r.e shall in all r S. c:cts
b,?, of the essence hereof. It is at}zeed that there is no
representation, warranty, collateral a pee .ent or condition
affecting, this agr<,i=: ent or the Real P operty supported
hereby otner than as expr r.sed herei in writing.
Deed or transfer t<:I "_ epared at he :xponse of, the
Vendor. Any tender of.. doc,."nen`.s or i"^ ay °'c:vx. ...i:2iae }•.?
upon the solicitor acting for .-e party e : w1nom. to.;;dc_.'. i.-.
desired and it shall be sufficient ti,:a:. a : e y,c.,"1 i able certified
cheque may be used as tender instead o ask.
This Offer and its acceptance is road. .path all
changes of gender or number recurred by the L:c--nte xt.
This Offer shall be _rx,-- o ble bthe P.s t ...;c..: mit.il
11:55 p io an the EGG teen th day of Oct oL,.'r + 1977, time, if not accepted, this offer shall 1-e "3 ?:t; i7 t. _ l <iJxi
the deposit returnee to the p .rcha s5i z
DATED at TorCnte, this 4r: day o c)ccz ts,>i"
1977,
IN WITNESS WaZ:zEOF one Pu_ch,. ss r 'has 1% Lo If %':d
its corporate seal duly at cstea to by it: ?.ti,t riz.taC1
officers.
SIGNED, SEALED and DE ,IV:,.,.:.D
v . S. S. iN,
_.... ... e';i
Per:
• Per:
The undersigned accepts the above Offer. '''
DATED at Pickering, this x4 w, day of NYA,"
1977.
IN WITNESS 1,."HER-F0s the Vendor has "-ereu`tto set its
corporate seal duly attested to by its proper apt Urized
officers.
SIGNED, SEALED and DEhIV'_RED
THE COTP: v._IGN Or THE TGi,'d
OF PICKERING
x
Mayor
Clerk ??
l
\ l
LOT 22
-r,/?
m - '-Ii 7 .`'
,
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