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HomeMy WebLinkAbout86-121 AMENDED BY BY.LAW #.f.v:.:i.f;.t THE CORPORATION OF THE TOWN OF NEWCASTLE BY-LAW 86-121 being a by-law to authorize the execution of an agreement of Purchase and Sale with The Schleiss Corporation ttd., and Rayev Investments Ltd. and the Corporation of the Town of Newcastle (Bowmanville Arena Lands) THE COUNOJRlrmSJ'lT8E CBRPORATION OF THE TOWN OF NEWCASTLE HEREBY ENACTS AS FOLLOWS: 1. THAT the Mayor and Clerk are hereby authorized to execute on behalf of the Corporation of the Town of Newcastle, and seal with the Corporation's Seal, an Agreement of Purchase and Sale between The Schleiss Corporation Ltd., and Rayev Investments Ltd., and the said Corporation dated the 28th day of July 1986, in the form attached hereto as Schedule IIAII~' with respect to the acquisition of 22.65+ acres of land being part of Lot 15, Concession 1, of the geographic Township of Darlington, now in the Town of Newcastle; 2.' THAT Schedule IIAII attached hereto form part of this by-law. By-law read a first and second time this 8th day of September 1986 By-law read a third and final time this 8th day of September 1986 ayor ~~"T 4ft;~ir ! v er , Rle NO.nn42cl~~c~~.] --- - . ~ . ~ Province of "".." Ontario Transfer/Deed of Land (4) Contlderallon TWO HUNDRED AND TWENTY FIVE THOUSAND--------------------------Dollars $ 225,000.00 (5) Dncrlpllon This is a: Property 0 Property 0 Division Consolidation Parts of Lots 15 and 16, Concession 1, now designated as Parts 23, 24, 25, 26, 27 and 28, Plan 10R-574 SAVING AND EXCEPTING THEREOUT AND THEREFROM that portion of Lot 15, Concession 1, designated as Parts 1 and 2 o Plan IOR-1396 Town of Newcastle (formerly Georgraphic 1Awrr5h~~~of Darlington) I I'" \.t;,' / :,..-.__, , ,~(,t.."'..... ()-- Additional: Regional Municipality of Durham ,! '," "," -"",::, See 0 \ ! it./J ~ -. ~, Schedule \ <:::...'" ,'~' ~,_ "....., ! (b) Schedule for: (7) Interest/E.la'e T...nll"~ y' t"~" : ..' I Additional Fee Simple <:~. \~ . ltI> , O II Description 0 Parties 0 Other 0 ' v-:. '''. ;.;",J .~.. ,,' ~. I " ",,' '~~\. w"" ,-' ." <' \\ (8) Tl'lII1Iferor(.) The transferor hereby Iransfers the land 10 the transferee and certifies thallhe lransferor is at least e1ghl~rf~~ p!d"lJllCf ~~ ' , 1 ' 1 " " I ~ A "l n J II . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . -; ", . ','\,.7, \oj. . If' 4 . , . . . . . . . . I : "/~//' I Name(S).................................... .~.... si" r'eis~""" ......... ~~~:} ::y D:teo;S~~turg I 1'llf,:.SGij~~:r.S.S. .CPRl?OM.l'~QIi .IS.D.................... ... . .. ..... -:. :-,-;:.... .1~9B6::iD9.I.?J. J W~ER S'Cl}~IS~J, PRESIDEN:T : I I I R(\Yf,:V.ltiV.~S.T.M.EN:rS.~TO,.................... ... *.. . .~<Y.~d~~:........ ~~B~ .ID~.lo:Z(lJ HOLLAND, PRESIDENT \..., { ~ .. ,...t" i '> " -<\ ' I ' . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. .,...................... .\} 'II ....1'" ,"; t\t . '.' . . I . . . 'I '. . 'f'- I . We have authority to bind our respective companies. ,J It ) II 'I ! I I i Date of Signature '\1 Signature(s) Y M 0 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. ................................. .1. . . . . .1. . . ~ . . . i I i (10) Tran.teror(.) Acldl'8ll c/o Walter Schleiss, 17 Swiss Heights, R. R. 112, OSHAWA, Ontario, LlH 7K5 tor Service " 130454 ., ,~ -.d L- NUMBER. 'I"'!! fte UGlSllAnOll CEltlRCAI'" VI' ,.. )n II ,..~'~.~,~:': ~,'" p .}; 3:J (' II ,.j '> "'-, >- ..J Z o w en :> w o ii: II. o New Property Identifiers a: o II. NEWCASTLE No. 10 BOWN\ANVILLE. ~~ Additional: See Schedule Execullont (6) Thl. (a) Redescription Documen' New Easement Con"'nt Plan/Sketch Fonn 1 - Land Regl.....Uon Retonn Act, 1984 (1) Registry e9 Land TI.... 0 1(2) (3) Property Block Property IcIenIlfler(l) /A /\ / Page 1 of ~ ~gesc... 7\ V ~nal: LhedUle 0 J (9) Spouse(l) of T...nlferor(l) I hereby consent to this transaction Name(s) . (11) T...nsferee( s) I Date of Birth Y M 0 I I nil;: . <;:Q~~QRft.:r:rP~. Of. TijF; . :r:o.W.N. PJ!'. ~f,:\:lC4$'f:r,.I):. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. ........ .j. . . ' I I I . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . , . .. ....... . .. . .. ... ..... . ...... . . .... . ... . . .. ......... I'" ' . . . . . . . . . . . . . :' ',' . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . l' . . . . . . . .1. . . I , I (12) Tranateree(s) Addl'8ll ~rServIce 40 Temperance Street, BOWMANVILLE, Ontario, LlC 3A4 (13) Tran.teror(') The transferor verifies that to the best of the transferor's knowledge and belief, this transfer does not contravene section 49 of the Planning Acl, 1983. Date of Signature Date of Signature y M 0 Y M 0 Signature, . . . . . . . . . . . . . . . . . , . . . . . .1. , . . . .I. . . j , ,.1 Signature.................:..,......I..... ,I, . . j. . . . SoDellor for Transferor'(s) I have explained the effecl of section 49 of the Planning Act, 1983 to Ihe transferor and I have made Inquiries of Ihe transferor ..J to determine Ihat this transfer does not contravene that section and based on the information supplied by the transferor, to the best of my knowledge ~ and belief. this transfer does not contravene that section, I am an Onlario solicitor in good standing. Date of Signature o Name and J Y IMl 0 fi: Address of j o Solicitor Signature. , . . . . . . . . . . . . . . . . . . . . . . .. ......... ... I _ Q i (14) SoIcnor tor TranafeNe(.) I have investigated the title to this land and to abutting land where relevanl and I am satisfied that the title records .q: ~i ~ reveal no contravention as set out in subclause 49 (21a) (c) (Ii) of the Planning Act, 1983 and that to the best of my knowledge and belief this g' j-'lii i transfer does not conlravene section 49 of the Planning Acl1983, I act independently of Ihe solicitor for the transferor(s) and I am an Ontario '2 ~ solicitor In good standing, j I- Q. VJ~= Name and Date of Signalure ,g f Address of Y M 0 ~~.! Solicitor Signature. . . . . . . . . . . . . . . . . . . . . . . . . .1. . . . . .1. . . 1. . . , .-'-.' ".',' I Cty, I Mun.1 Map I Sub, i Par, I 118 i 17i 010 I 020 117450 (17) Document Prepared by: ~~pyE~~y~'& ~Odf~A~N Barristers & Solicitors 36112 King Street East OSHAWA, Ontario L1 H 7M9 (15) Aaeaamen' Roll Number ot Property (16) MunicIpal Addl'8ll of Property 'f Highway No. 2 Newcastle, Ontario Newsome and Gilbert, Limited Form J.Fl~21 (1/85) III >- g Registration Fee /~ . 0 D 3 LandTransferTax Iq/s D () w o II. II. o a: o ,'fi, Fees and Tax Total I cy,c~ .00 Aprll, 19P . M :( ~. ." ~ .' W Part of Lots 15 and 16, Concession 1, IN TH.E MATTER"oF. THE CONVEYANCe. OF (insBttbrlB/deBcr/R(IonOflandJ., Town o~ Newcast~e, \rormer~y Townsn1p ot llari1ngton), Reg10nai Mun1c1pai1ty o ur am e1ng Parts 23, 24, 25, 2 27 and 2 Plan 10R-574. m~ THE SCHLEISS CORPORATION LTD. and RAYEV INVESTMENTS LTD. Refer to af{ instructions on reverse side, '. Form 1 - land Transfer Tax Act Affidavit of Residence and of Value of the Consideration DYE to DURHAM CO. LIMITED Form No, 500 (AmMdfHI Au", 1. 1986) TO (_1n8t1uctIon 1 .J,prlm_ofllllllransferealnfulQ THE CORPORATION OF THE TOWN OF NEWCASTLE ~, ~4 I. (- IMtruction 2 .,d print MmI1(a) In fulQ n A V T n w. () A K F. S ~i MAKE OATH AN~ SAY THAT: I 1, I am (place a ~ within the /lqU8l'fl oppoaita that 0IIfI of the following paragf/lPhS that deBcribfi the C8p1JCity of tha dep()nBnt(a>>: (_ Instruction 2) o (a) A per~ in trust for whom the land conveyed in the above<lescribed conveyance is being conveyed; o (b) A trust"" named in the above<lescribed conveyance to whom the land is being conveyed; o (c) A transfJree named in the above-described conveyance; o (d) The autWorized agent or solicitor acting in this transaction for (111S8rt name(a) of prlnclpaJ(a}} 1 [Xl (e) Th.!t'X'!~k'i~~ '.tpe Corpora l.~ lJ described in paragraph(s) 'f8'f.X~. (c) above; (ltfIke out refal'BflCll6 to InapplIcabIa paragf/lPhS) o (f) A translJ..ee described in paragraph( ) (1_ only 0IIfI of paragraph (a). (b) or (e) abow... appIlcabIa) and am making this affidavit on my own behalf and on behalf df'l (/fINrt name of spoutMI) who is my spouse described in paragraph ( ) (/fINrt only ona of paragraph (a). (b) or (e) above, .. appIlcabIa) and as such. I have personal knowledge of the facts herein deposed to, 2, (To be COIfII*t*I..... ". .""".01". OOIt111da1.tIGn ftN". con~ aXCftdtlI250,OOO). I have read and considered the definition of "single family residence" set out in clause 1 (1) (ja) of the Act, The land conveyed in the above-described conveyance o containsat ~st one and not more than two single family residences, Note: Clause 2(1) (d) imposes an additional tax at the rate of one-half of one per o does not contain a single family residence, cent upon the value of consideration in excess of $250,000 where the conveyance o contains m<te than two single family residences, (_Instruction 3) contains at least one and not more than two single family residences, 3, I have read and cJnsidered the definitions of "non.resident corporation" and "non-resident person" set out respectively in clauses 1 (1) (f) and (g) of the Act and each of the fCi"owing persons to whom or in trust for whom the land is being conveyed in the above-described conveyance is a "non.resident corporation" or a "non-f'esideril person" as set out in the Act, (_lnatructlona 4 and 5) non e ,~ B 4, THE TOTAL CONSIDERATION FOR THIS TRANSACTION IS ALLOCATED AS FOLLOWS: (al Monies paid <I... to be paid in cash """""""""""""""'" $225:000.00 (b) Mortgages lifAssumed (Show princ/pIIJ 8lld mterest to be credited aga/nat purchase price) "",', $ n ~ 1 lii)'t;iven back to vendor, , , , , , , , , , , , , $ n11 (c) Property tran:terred in exchange (detJIf/ below) " , , , , , , $ nil (d)Securitiestra~erredtothevalueof (detJlf/beIow) "',' , "', ", , , , , $ nil (e) Liens. legaCie~;annuities and maintenance charges to which transfer is subject , , , $ nil (f) Other valuablticonsideration subject to land transfer tax (dBtall below) "',",' $ n; 1 (g) VALUE OF l'AND. BUILDING. FIXTURES AND GOODWILL SUBJECT TO LAND TRAlFER TAX (Tota/of(a) to (fJ) """""""""" (h) VALUE OF L CHATTELS. items of tangible personal property ~"':::::~=:::T:U;:.~,~~980~454~~""""""""'""""""" $ nil (j) Other consideffltion for transaction not included in (g) or (h) above """"""""""""'" $ n i 1 (j) TOTAL CON~DERATION """""',.,"",.,"'""""""""""""" $ ??~ 5, If consideration ift,ominal. describe relationship between transferor and transferee and state purpose of conveyance, (_IMt1lJctIon 6) W 6, If the considerati<>p is nominal, is the land subject to any encumbrance? n / a 7, Other remarks a fleXPlanations. if necessary, nl a f . . described in paragraph(s) (a). (b), (c) above; (ltfIke out refarences to IfIII(Jp/Icabfa paragf/lPhS) .i!~~~;t ~t9.J:; )lrxrftSj(~ authorized to act for (111S8rt MmI1(s) of corporatlon(a}} Or the T~~n ofUNewcastle AI! Blanks MIJIItBa 1_ 'NU" Filled In, $ 225,000.00 $ 225,000.0 Where Appflcabla, 000 00 n/a Swornbeforemeat ~eTown of Newcastle in the Region~l Municipality of Durham this :2 '" dllyof September 19 86 " . ~-Ohl " f.k Af~f'd.' ~/ miSSioner or ta ng . av.ts, etc, ~vJ a~~, David W. Oa~~a) i... Property Information Record A. Describe nature~~ instrument: Transfer /Deed of I.and B, Ii) Address of p~~perty being conveyed (If avaIiabIfI) n () t', ;! V;!; 1 ;! h 1 p (ii) Assessment R,?" No, ("available) C, Mailing address(es) for future Notices of Assessment under the Assessment Act for property being conveyed (_Instruction 7l 40 Temperance Street, Bowmanviile, Ontario LlC 3Ab 0, Ii) Registration number for last conveyance of property being conveyed (" svsilabNl) (ii) Legal description of property conveyed: Same as in D,(j) above, Yes 0 No 0 Not known 0 e, ~T~ ~nd iJW.~'f) ~ e~c ?Wf:?itMicitor ii7 King Street, P.O. Box 358 Whitby, Ontario LlN 5S4 John F. Brady For L.nd Registry Office use onlv REGISTRATION NO, Land Registry Office No, Registration Date DYE & DURHAM CO, LIMITED Form No. 985 ~ Province ~V~o' ~ Ontario Document General Form 4 - Land Reglst...tIon Reform Act, 1984 1304531\~ NUMBER_....r T -*'fI(f0.4 "j -j)~ CEltlRCA11 OF IIGlSTlAUOI ('. 1~ \ \ 35M i : eO ~LP v' ~ z o w en ::l w o u: u.. o ~ t,; NEwcASTLE No. 10 6OWMANVILLf. New Property Identifiers Additional: See 0 Schedule Additional: See 0 Schedule (1) Registry [!] (3) Property Identifier( I) Land TItIeI 0 (2) Page 1 0 pages Block Property Additional: See 0 Schedule (4) Natu... of Document By-Law (5) Conllderatlon not applicable Dollars $ (6 D8ICI"Iptlon Part of Lot 15 and 16, Concession 1, Town of Newcastle (formerly the Geographic Township of Darlington) in the Regional Municipality of Durham designated as Parts 23, 24, 25, 26, 27 and 28, Plan 10R-574. SAVING AND EXCEPT THEREOUT AND THEREFROM that portion of Lot 15, Concession 1, designated as Parts 1 and 2, Plan 10R-1396. (7) This (a) Redescription (b) Schedule for: Document New Easement Additional Contalna: Plan/Sketch 0 Description 0 Parties 0 Other [!J (8) ThiI Document provides .. follows: A certified copy of the By-Law is attached. ~c1 (9) Thll Document relatn to Instrument number(l) Continued on Schedule 0 (10) Party(les) (Setout Status or Interest) Name(s) . THE CORPORATION OF THE TOWN Signature(s) Date of Signature y M 0 . '. ! 1986! 09 i30 . a . .! . . . . . : . .. .. ! ! , , , . , , . . . . . " . . . . . . . . . . . . . . . . . . '. ...... f . . . . . ; . . . I : : : , , , . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . I. . . I . I : , , , I , , , , . . . . . . . . . . . . .'. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ..........9~ OF ~EWCASTLE, by its solicitors . , .' '.. .SlM.$,. .8RA.D.X .&, M.c.UreRN.E.X"...... '. . . . . . . . . . . . .",. . . . . . . . . . . . . . . . . . . . . . . . . . . . . , , . , il (11) ~ r~ 40 Temperance Street, Bowmanville, Ontario Llc 3A6 ~ . , . . , , , , , , , ,ttf, , , , . , , , . , , , , . , , , , . , , , , , , , , , . . , , d ~~~ . . . . . . . . . . . . .~). , . . . . . . . . . . . . . , , . . . . . . . . . . . , . , , ~ii ~1 (12) Party(les) (Set out Status or Interest) Name(s) Signature(s) Date of Signature y M 0 ! . . . . . ,. . . .. . . . . . . . . . . . . , . . . . . . . '. .... , . . , : , : : . . . . , . . , . . . . . . . . . . . . . . . . . . . . . . . , . . r . . . . . , , , , . . . . , . . , . . . . . , . , . . , . . , , . . . . . . . . . . . : . . . . . I : , , . I . , , . . '1' . . , ! , , , . 'I' . . , , I ! . . .,. . . i 1 \~: , . , . . . . . . . , . . . . .. . . . . . , , . . . . . . . . . . . . . . . . . . . . . tj (15) Document Prepared by: Sims, Brady & McInerney 117 King Street P.O. Box 358 Whitby, Ontario LlN 5S4 John F. Brady (13) Addrell for ServIce (14) Municipal Add.... of Property not lfvailable \:~ , f: /: II I II f;:} U 10174 (12/84) Fees and Tax ~ Z Registration Fee o w en ::l w o u: u.. o a:: ft ,(\) D () . , To"l THE CORPORATION OF THE TOWN OF NEWCASTLE BY-LAW 86- 121 being a by-law to authorize the execution of an agreement of Purchase and Sale with The Schleiss Corporation Ltd., and Rayev Investments Ltd. and the Corporation of the Town of Newcastle (Bowmanville Arena Lands) THECOUNOIl;-OI3. 'THE CORPORATION OF THE TOWN OF NEWCASTLE HEREBY ENACTS AS FOLLOWS: 1. THAT the Mayor and Clerk are hereby authorized to execute on behalf of the Corporation of the Town of Newcastle, and seal with the Corporation's Seal, an Agreement of Purchase and Sale between The ~ Schleiss Corporation Ltd., and Rayev Investments Ltd., and the said .~ Corporation dated the 28th day of July 1986, in the form attached M hereto as Schedule IIAII; with respect to the acquisition of 22.65+ acres of land being part of Lot 15, Concession 1, of the geographic Township of Darlington, now in the Town of Newcastle; 2.' THAT Schedule IIN1 attached hereto form part of this by-law. By-law read a first and second time this 8th day of September 1986 By-law read a third and final time this 8th day of September 1986 fl t-"\ Ii ayor '~mM l4l;-f(f'~r- .... / r.r erK . i CERTIFIED UNIlEI1IlI1IIII11f .. "" "" . 1'"c;URK AND SEAL ClF 111I n - . ;,- CORPDRAJlOIIlf 111I .. II!.BCISTlI ~ - .L;l1 I" ,TO BE ~1lOff 11I11_ ..._v .. ~.~~ II~ III '. -.(~. ~.. .. ~ , . 1 . - . . . "-_..-. .- I. \'Ti':.. . '''fJl ~ "'1 "'" ;.;;;;;;..o;;:.;;:~. '.~ ONTARIO REAL ESTATE ASSOCIATION AGREEMENT OF PURCHASE AND SALE .. PURCHASER~ ".T~~, ,~~~~~~?,t,i,'?~,~:f, ,~~~,~~~...,n, ,~f.~~~~,c,~~t1~"".."""""""""""" .oll'erstObuYfro~ VENDOR. ,.."" Tne, ,SGnlejs,s, ,Corpo.r,atiok Ltd. ,and, Rayev,lnv.estmen.ts ,Ltd."."""", . through Vend~rs J' n/.a nl a ' , , , , , , , , , " . the following' AGENT, ",-""""" '(lj';,",il.;.b,i ' """"""""""""'" '(Scili;"'U;..k.;,' , , , , , , , , , PROPERTY:t.!.ontingonthe.", ,IJOr:t.h."""" side of ,Highway. ,No., 2""" known municipully as """,..""""""", in the '" ,:i IQWO, pf, ,f'{~\Y<;\is:t.1.e, , the, ,p,ar.ce J. ,c,antai n,in~ ,approximatelY ,22.65, ,acr.es, mor.e ,or, le,ss ' , _.... L.-' L~ _ ' . nl81'C__ ..................ef.. , . , , , , , , , , , , , , , , , , , , ' , , , , , , , IIIW& ~Clf Rill! dclic:I;ibcd as ............mrrn...."'..p'''' """"""""""" r--... bei.ng, part ,of, Lo.t .15, ,Concess i on ,1, ,of, ,the ,Geog,r,aphi c, Townstli p, of ,Darlington.., now, , , , , , , , , ,i.n ,tbe, Town .of, Newcastle" , '" , " '., , , , , , .'" " , , , , , , . , , , , , " '" ,,' " " " " , , " " , , " , , , '" ,',' , , , , , , : ' , , , ,ij , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , at the PURCHASE PRICE OF .~ Two ,I:lunc)fed ,and, Jwenty",F.i,ve, Thousand........-,....-........-,....-....., , , Canadian Dollars ($Can, ,225,000.00 ,-:"''':''':'l''',-,) on the fOIlOWia terms: H PurchascMsubmits with this offer , , :- ,-,-, -:":'-:- ~~ :-,-,-: -: ":'''' One,-,-: -: '" ":''':' l"',-,-,~-: '" ":' ":'l"':-,-,-: -: "''':' -Dollars ($, . ,l .00:-,-,-:.., "'... ":' "',-,-':.,......'" l"',) cashl~yelt" te-the-bit;ttnc-Btoker as a deposit to be held by him in trust pending completion or other termination of thIS Agreement and to be creduetl towards the Purc~ Price on completion, M . 2, Purchase.lagreesto obtaln a reference plan proPlerlY defining the 22.65 acres more or less, and tr pay ,the cost of this reference pan. . 3. The ~ndor agrees to provide vacant possession at the time of closing, subject only to the condition that the tenant now cropping the land shall be entitled to'access and to occupy the land until October 31st, 1986 for the purpose of harvestin~ the crop of corn now growing on the land. 4. This offer is conditional for sixty days from the date of acceptance upon the Purchaser assuring that approvaswill be obtained for the arena to be located at that site. This condition is in favour of the Purchaser only. l~ 3 A.II? uo..,..'...USUBl weather condition the tenarr':.n'an ask: for a extra 15 daya to Teat his crop. ~ ~ t:.c- ~ t! t~ : '" / -;; ,,,,./ " '. ~ /-- ' " - __or / ~,,, ,", -- -"" --. .. . ' , ~. '- .... ",,' "~"" '" ",,,,,'" . . L. , \ ,,~,.: "\~'. ~ ...::..~.: - ... .."( ~ " , 1 3. ~ Pu~r,!ftd Vondot ~,Jllli~ all existing fixtures an: included in the purchase price except thole listed hereunder: .... ~ ,-.-. -: -: ~ . ~, . . . , . , . . , , , , J _.:. __.....;.__ ----r~.- __ ---V;ll r";ll nt 1 ;anrl___________________________________________________ . . __. . . _. . . . . . . . . . . . . . . . . . . . . . ."i''''''''II. . . .'f. Y. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . and-that 0; fOlloiving chaiters"~ included in the purchase price: '. ,nl C! , , , , , , , , , , , , , , , , , , , , , , , , , , . , , , , , , , . , , , , , , , , , , , , , , , , " " , -- ' ,~ , , ,.::,.,-:::.:,', , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , . , , , , , , , , , , , , , , . , , , , , , , , , , , , , , ~'" '. "~' t__ . ,,' ..." . - . ?8th J 1 4, Purch~~~,!,~lthis.0ffershallbeirreVocablebyhimuntilll:S9p,m,onthe", F-", "dayof "" ,ll,Y",."".",.""""" , 19, ,86. '\.' '.., .after which time. if not accepted. this Offer shall be null an.d ~oid_ and the de~sit shall be returned to Purchaser without interest or defuction, S, This AgreemenlShall be completed on the , ,30th., dayof ,:-,-,~-:-:7':":-,-,-,-: ,Sept~ber.""" ,19,~Q""" Upon completion, vacant possession of the property shall be given 10 Purchaser unless otherwise provided as follows: -----~-------------See Item 3 above for conditions------------------------------------ ................................................................................................ . 4i 6, Purchase~shall be allowed untilll:S9 p,m, on the ,15th, of ,AU9U.S,t , , , , . 1~6 , " to: examine the title to the property, at hi' own expense, to satisfy himself that there an: no outstanding work orders affeCting the propeny, that its presenl use ,qg rj !=,u.1. ~4r~ J :-,-,-:-: '7 7:-:- ,-,-,-: '7'7 7:- :-,-,-:-: , ------------------------------------------------------------------------------------- ~y'~i~w'f~liy'~~t;n~~.'~dth~t'the'pri~~ip~I'~iidi~g'~y'be'i~s~.:ed~ga;~si~isk'offi.:e: '" "',"', ,.,'.,,'.' , ,.' " """"."" , 7 , Provided that the title to the propeny is good and free from all encumbrances except as aforesaid and except for any registered restrictions or covenants that run with the I~d providing that such an: com~li~ witb ~ except ,for ~y '!Iinor e~sementsto public util,ities required for the supply of domestic utility services to the property, If wlthan the lime allowed for examanang tbe IItle any valid obJecllon to litle, or to any outstanding work order, or to the fact the said present use may not lawfully be con, tinued, or that the principal building may not be insured against risk of fire is made in wriling to Vendor and which Vendor is unable or unwilling to remove, remedy or satisfy and whicb Purchaser will not waive, lhis Agreement, notwilhstanding any inlermediate acts or negotiations in respect of such objections. shall be at an end and all monies theretofore paid shall be relurned without interest or deduction and Vendor and Venpor's Agent shall not be liable for any costs or damages, Save as to any valid objection 50 made by such day and except for any objection going to tbe root of tbe title. Purchaser shall be concluaively deemed to have accepted Vendor's title to . the propeny, a, Purchaser acknowledecs havln& inspected the property prior to submitting this Offer and understands that upon Vendor acceptlna tbIa Offer tbere shaD be a bindina aareernent of purchase and sale between Purchaser Ilnd ~endor. / ~~!\)'i:',;tl . ~:!'.. t. 11..'ii.", '" L:i. .. , 'I : '\'e;uJoj: and Pun'h..o,c. ;1I~ree thallhere IS no condition, e~pres', or implied. rcprcsenlation or warranty of any kind that the future inlended use 01 the pmpeny hy Pun:h. aser is or will ~ lawlul-l'~ccpt as ma)' be speCIfically stipulated elscwhere in this Agreement. . - 10, Purc~ascr shall not l'all tor t(pnktul'lltlll "I any IIII.' dc(','. ~bstracl. surveyor olher evidcnce of title to the propcny except such as are in Ihe possession or conlrol of Vendor. Vendnr agree'lhal. il rClluesled hy Ihe Purchascr. he will dehver allY skelch or survey of Ihe prupeny in his possession or within IllS conlrulto Pun:haser a!J soon as possible and p,i,.r 10 Ihe lasl day allowed for examining IlIle, In Ihe evenllhal a discharge 01 any mongage or charge held by a Chane red Bank, Trust Company, Credil Union or Insumnl"e Company and which is nOllO be assllmed by thc Purchaser on completion. is not available in registrable form un completion, the Purcha~r agrees 10 ae.:eptlhe V..nJ"rs soli,'ilOr's pcrsullill undenaking 10 oblain. oUI of Ihe doslOg lunds, a discharge or cessalion 01 charge in regislrablc form and 10 re~lsler sam.. 0" IIIIc wllhlO a reasonable perultl ollllnc aftercornplclion. pmvlded Ihal on or belore complelion Ihe Vendor shall provide 10 the Purchaser a mongage Slalemenl prep;lIcd b} Ihc 1lI0n!!agc.: sCUlllg oUI Ihe balance fClIuired 10 oblain Ihc discharge, together wilh a direclion executed by the Vendor direcling paymenllO the mongagee, of the amnunl rClIulI'cd looblalll thc discharge oul of Ihe balance due on complellon, · II, All buildin,gs un Ihe pmpeny and all olher things bel~g puro:hased shall be and remain unlil complelion althe risk of Vendor, Pendingcomplelion. Vendor shall hold all insurance poli':les, il ..11)', and the pnk'ccds therCt.lllltruSl for thc paOle~ as Ihell' IIIlercsls may appear and IIIlhe event of substanllal dall1llge. Purchaser nutyeuher lerllllOalC Ihi~ Agrc:cmcm and have all mnlllcs therelnforc paid returned wlthoutllllCrest ur lleducllnn orelsc take Ihe proceeds of any IOsurance and complele the purch. asc. 12. PrnvidcJ tharlh" Aj!lecmenl shall he cncclive In ,'rcale an inlcresl in Ihe prnperty only iflhe subdivision conlrol provisions of The Planning ACI are complied with by Vendnr nn or t>cfore cl.mplelinn and Vcndnr hercby cnvcnanlS It) procc~'I111iligenlly al his expense In oblain any necessary consenl on or be:fore complelion, 13. Purchaser shall be: .:rcdll~-d lowards Ihe Purchase Price wilh Ihe amounl. if any, which il shall be: necessary for Purchaser 10 pay to the Minisler of National Revenue in order 10 salisfy Purchil!oCr's liability in respecI of tax payable by Vendor under Ihe non-residency provisions of the Income Tax Act by reason of this sale, Purchaser shall nOl claim such credit if Vendor delivers on complelion Ihe prescribed cenificale or his SlalUlory declaralion that he is nolthen a non-residenl of Canada, 14, Rent>, mortgage imerest,laxes, local improvements, water and assessment ralcs and the cosl of fuel shall be: apponioned and allowed 10 the date of complelion (the day ilself 10 be apponioned to Purchaser,) IS. The deed or transfer shall, save for the Land Transfer Tax Affidavil. which shall be: prepared and completed by the Purchaser. be: prepared in registrable fonn at !he expense of Vendor and lhe M~gage atlhe expense of Purchaser, lb. Time shall in all rcspeelS be oflhe essence herenf provided thai the time fordoing orcompleling of any mailer provided for herein may be: extended or abridged by an agreement in wrilin!! sl!!ned by Vendor and Purchaser or by Iheir respeclive solicitors who may be: specifically aulhorized in lhal regard, 17 An) lender of ,kx:ulllenb nr money hereunder ma)' be madc uflUn Vendor or Purchaser or Iheir respeclive solicitors on the day sel for complelion of this Agreemenl. Money may he lendered by ban~ drolll or chellue cC:OIhed by a Chane red Bank, Trusl Company, Province of Onlario Savings Office, Credit Union or Caisse Populaire, III THE VENDOR WARRANTS THAT SPOUSAL CONSENT IS NOT NECESSARY TO THIS TRANSACTION UNDER THE PROVISIONS OF THE FAMILY LA W I{UOItI,1 ACT, UNLESS THE VENOOR'S SPOUSE HAS EXECUTED THE CONSENT HEREINAfTER PROVIDED, ,I q lib 19. The Vmdor rcprt'Senls and wArrants 10 thc Purchaser thatlhe buildings uscd in conjunclion with Ihe' pro~ty havc nol hccn. as at the dale of compldioo, insulated wilh a Urea Formaldehyde foam Iypc ofinsulatinn. Provided Ihal if the building is pari of a multiple unit building Ihis warranty shall only cxlend to thai portion of Ihc huilding which is the subjecl of this transaclion, This warranty shall survivc and not merge on lbc complelion of Ihe transaclion, :!O THE PURCHASI-:R IS HEREB\' NO...It....:O THAT A CONSUMER REPORT CONTAINING CREDIT AND/OR PERSONAL INFORMATION MA" liE REI-'ERRED TO IN CONNECTION wlnl TillS TRANSACTION. 21. The Vendor hereby appuinls Ihe Listing Bro~er his agenl for Ihe purpose of giving and receiving notices pursuanllo this agreemenl. 2:!, N'lIIo\'ilhsl;mdinj! any lerlllS UI l'lmdiliuns nUllined in Ihc pri~led portion herein, any provisions wrillen or typed into Ihis Offer shall be: the lrue tenns and shall supersede lhe prulleJ .,.,"I<mln rcspecrlO Ihe pans allc.:ted thereby:. fhls Agreement shall constllute the enllre agn:cment between Purchaser and Vendor and Ihere is no repre- !>ent.lllun, warranly, cnUalcral agrecmcnt or condllmn allel'llIlg IhlS Agreement or Ihe prupeny or supponed hereby olher than as expressed herein in wriling, This Al!rcelllCnI shall ~ read wilh all <,han!!cs ul gender or number relluired by Ihe eOnleXI, , , . , , , , , . , . , . , , , . , " "'" Ihis:? ,-: , day of , , , , ~!oJ ,1 Y , , , . , , , , , , , I ~6 , IN WITNESS w of I ha e hereunto sel m) hand and seal: P,e~~E , ~O,R .~RA > . ,~lOF :HE T,m~~, ~:, ,N,ELoJCAST~{jte .. ..?'~.?!,0-, # ;In""" ( .,', " :/ '/':.. Mayor \ ' , . , , , , . . , , , . , , , , , , ~~ ~ ,"',"'7 ",.., ~(;"::'~;l' . . , , 'c i ~ ~k' , " e Da e , :~ ,(, ',) '.', ~)/:': '.' 111<' unlkrsij!ned al'eeprs Ihe above Offer :mct:lb>1't'!:nrirhMti'S~~roItet'ttbtl_lIIod.i,n.cQllo;idCT;AlitJa,,*I..~it!..."!I ~rv."lelft'in~"'C" saTrtOffer:ltll':tynrrm,.,nd. a","w-4.",<<Hl'Ir~l..npIt-t>mr.:n."nmmi5S'immf ~ ~ ':"'~ ,-,-, -: "'iIraf 'lRr.mltllJl1feqtl3:llD'ThI:';IboY~tiuneth:rt:"prlte-, 'Whil:ll",,'O:nmn~mrmay ~-&~.tmnl1t;1~.it: , hl~~~.~~~~~~H~~"~M~~.~H&~..~~~~.~~~M&NM~e~m~~~mm~~~~~~~~~, DATEDal Bowmanville, Ontarjo. SIGNEJ),-SEALED AND DELIVERED mlhe pre"elll'e of: DATEDal. , . Bowmanvi11e", ,Ontario , , , , , , , , , , , , , , , . , , , , . Ihis :d. ~ 7~., , day of . , . , ~ ,u,ly , . , 8' ,,' i9. 0", IN WITNESS whereof I have hereunlo sel my hand and seal: ...~~~~S~~~~~" 0.; Date~,~,~& (//~~v'll4lo<) -y:. ' . ... .......... ........ .........~~~V~T~~. D~'M/{f(. The Undersigned Spouse u'lhe Vendor hereby ">IIscnlS 10 Ihe disposilion evidenced hena pursuanlto the provisions of The Family >..::W ~"'r:t, t7 , I q ,,,, SIGNED. SEALED AND DELIVERED mlhe pre.cn.e of: In consider.llion 01 the sum of O~ Dollar (S 1.001. Ihe receipt of which from lhe Purchaser is hereby acknowledged, the ull4Jc:r.:i~ spou~:; of~.e VCJX'or benoby agrees With Ihe Purchaser Ihal he/she WIll execule all IICCCUll!Y or mCldental documents 10 gIve full fon:e and effecllo the sale evtde~ herein, Wllnes~ S~Sc:' , , , , , , . , , , , , . , , , , . . . , , , , , , , , , , e Date, , , , , , , , , , , . , , ACKNOWLEDGEMENT ,V_I . I acknowledge receipt of my signed copy of Uus ocupll:d Agreemenl ofPurch- ase and Sale. and dirCCl!he agent to forward a copy 10 my wlicilOr, , , , , , , , , , ~) , , , , , , . , , , . , , Date , , , , , . " , , , . , , , I acknowledge receipt of my signed copy olthis accepted Agreemenl of Purch- asc and Sale. and diro:CII~ agenllo forward a copy to my solicilor. Date. , Dale __ .......... ............................... I"""""""" Date,......., ,.,.' , Vrnd.. , Address: Address: Vendor's Solicllor . 60Y~,hyn . &. ~pyc:tJYn . . . . . , , , , . , , , , 36~ King Street East Addrcss Oshawa t Oota rj o. Telephone: ",""""""""""""""""'" Purchaser'sSolicilDl' Sims, Brady & ~'cInerney ,. '117' 'King' Sfreet""'" """ Address \~h;.tby" Ontario""" "'" , , L1 N 5S4 Telephone ' l'hoOt' FORM Nu 11I1 576-2670 Phone . 6,68-: 7704, , , . , ^~11'