HomeMy WebLinkAbout70-25 m, 'CORPORATION OF THE TOWN OF BOWMANVILLE
BY-LAW NUMBER
Being a by-law to authorize the sale of lands to
Detta Borgardt, as Trustee for the
establishment of industry.
WHEREAS by By-Law #68.10 passed by a vote in excess of three-fourths
of all the members of the Council of the Corporation of The Town of
Boi,qmanville, The Corporation of the Town of Bowmanville did authorize
the purchase of certain lands in Township lots 8 and 9 in the first
concession for the establishment of industry.
AND WHEREAS The Corporation of the Town of Bowmanville has agreed to
sell a certain parcel of the said lands situtate in Township lot 8
in the first concession to Detta Borgardt, as Trustees f®r
the establishment and carrying on of industry.
NOW THEREF RE the Council of The Corporation of the Town of Bowmanville
pursuant to Section 379 (1) Paragraph 49 of The Municipal Act,HER.EBY
ENACTS as follows:
1. That the Corporation of The Town of Bowmanville do sell and convey
to Detta Borgardt, as Trustee for the establishment and carrying
on of industry part of original Township lot 8 in the first concession
of the Town of Bowmanville, in the County of Durham comprising of 3.718
acres having 559.84>feet for frontage on the east side of Mearns Avenue
and being shown outlined in red on the attached Plan of Survey made by
M.D. Brown and dated March 13, 1968 with additions September 30, 1968.
2. . That the Purchase Pricet of the said lands, being sold to
Detta Borgardt,as Trus .all be $ 3,718-.00.
3. That the conveyance to Detta Borgardt, as Trustee shall
contain a restrictive convenant to the effect that the Purchasers shall
construct on the said lands buildings suitable for the carrying on of
their business operations within one year from the completion of the
transaction and registration of the deed;Provided that its failure to
construct the said buildings within the specified time shall result
in the said lands reverting to the Town of Bowmanville and becoming
the property of the Town of Bowmanville upon the Town paying
Detta Borgardt,as Trustee, the purchase price paid for the said
lands less the Town's costs of the original conveyance and the cost
of obtaining the reconveyance;And further provided that Detta
Borgardt,as Trusteejill agree to execute a re-conveyance of the said
lands in the event of its failure to construct the said buildings and
upon re-payment of the purchase price as aforesaid; And further
provided that an acknowledgment confirming that the said buildings
have been constructed signed by the Mayor and the Clerk of the Town
with the Corporate Seal of the Municipality attached shall be good
and sufficient evidence that the title of Detta Borgardt,as Trustee
is absolute .
4. That the Mayor and Clerk be and are hereby authorized to execute
a conveyance of the said lands and any other dacuments necessary to
complete- this transaction and to impress the Corporate Seal on all
documents on behalf of the Town of Bowmanville .
Read a first and second time this lst day of June, 1970
Read a third time and finally passed thislstday of June, f 1970
Mayor
Clerk
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FOR DEPARTMENT US—___<LY
FORM SB-RW-129
PARTIAL PURCHASES - NO BUILDINGS
REV, DEC, 1969 P.R. No. 69-1581 & 69-628L
+. HWY. NO.
CONT./W.P. NO.
REGION
DISTRICT Port Hope
DEPARTMENT OF HIGHWAYS P. PLAN NO.
PROPERTY DEED No.
PURCHASE AGREEMENT REC.
APP.
►/WE Corl3oration of the
Town a Of BO ny'�Ile a APP.
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APP.
rig ,gym yg ^g �t �g
OF THE SO o Bo n ill IN THE County OF LII7'ham �
(HEREIN CALLED "THE VENDOR") HEREBY OFFER TO SELL AND CONVEY TO HER MAJESTY THE QUEEN IN THE RIGHT OF THE
PROVINCE OF ONTARIO REPRESENTED BY THE MINISTER OF HIGHWAYS FOR THE PROVINCE OF ONTARIO (HEREIN CALLED "THE PUR-
CHASER") IN FEE SIMPLE FREE FROM ALL TENANCIES AND ENCUMBRANCES EXCEPT AS TO ANY REGISTERED RESTRICTIONS OR
COVENANTS THAT RUN WITH THE LAND PROVIDED THAT SUCH ARE COMPLIED WITH, MY/OUR LAND IN THE t.OF X30 i�.I� 235 ,236�..B le IN THE 3�'{ g g}.#. g ,y OF Durham m BEING LOT
NUMBER P t - L?.b.ock"Fll C1X.�. F W.1�ot232
239, 240 and Part "Ell according Grantfs
bas All being shown outlined
�
re 11�3 FI`® T a1 $.. ($ 64 2—00 — DOLLARS
O fence required.
IT IS ACKNOWLEDGED THAT THE PROPOSED USE OF AND CONSTRUCTION ON THE LANDS BEING ACQUIRED HAS BEEN DISCUSSED
WITH ME/US AND THAT THE SUM SET OUT AS THE CONSIDERATION IN THIS OFFER INCLUDES PAYMENT FOR ANY REDUCTION IN THE
MARKET VALUE OF MY/OUR REMAINING LANDS, EXCLUDING ANY PHYSICAL DAMAGE TO THE REMAINING LANDS WHICH MAY OCCUR
DURING THE CONSTRUCTION PERIOD.
TENANCY, IF ANY N/A
;HE PURCHASER IS TO BE ALLOWED 30 DAYS FROM THE DATE OF ACCEPTANCE HEREOF TO EXAMINE THE TITLE AT THE EXPENSE
OF THE PURCHASER. IF WITHIN THAT TIME ANY VAL10 OBJECTION TO TITLE IS MADE IN WRITING TO THE VENDOR WHICH THE
VENDOR IS UNABLE OR UNWILLING TO REMOVE AND WHICH THE PURCHASER WILL NOT WAIVE, THIS OFFER TO BE NULL AND VOID.
THE SALE OF THE PROPERTY IS TO BE COMPLETED ON OR BEFORE THE DAY OF 19
ON WHICH DATE VACANT POSSESSION IS TO BE GIVEN, IF NOT PREVIOUSLY GIVEN AS HEREINAFTER SET OUT, TO THE PURCHASER.
ADJUSTMENT OF ASSESSMENT ON REMAINING LANDS OF THE VENDOR SHALL BE THE RESPONSIBILITY OF THE VENDOR.
THIS OFFER AND ITS ACCEPTANCE SHALL CONSTITUTE A BINDING CONTRACT OF PURCHASE AND .SALE AND TIME-SHALL IN ALL
RESPECTS BE OF THE ESSENCE HEREOF.
UPON ACCEPTANCE OF THIS OFFER BY THE PURCHASER, THE VENDOR AGREES THAT THE PURCHASER SHALL HAVE AN IMMEDIATE
RIGHT TO ENTER UPON AND TAKE POSSESSION OF THE LANDS WITHOUT PREJUDICE TO THE RIGHTS HEREIN.
THE DEED OR TRANSFER TO BE PREPARED AT THE EXPENSE OF THE PURCHASER AND ANY TENDER OF DOCUMENTS OR MONEY HERE-
UNDER MAY BE MADE UPON THE VENDOR OR PURCHASER OR ANY PARTY ACTING FOR EITHER OF THE RESPECTIVE PARTIES AND THE
MONEY MAY BE TENDERED BY NEGOTIABLE CHEQUE OF THE PROVINCE OF ONTARIO TREASURY DEPARTMENT.
THIS OFFER IS TO REMAIN O EN TR ACCEPTANCE BY THE PURCHASER UP TO AND INCLUDING THE DAY OF
3.9 ,AND MAY BE ACCEPTED BY A LETTER DELIVERED OR MAILED BY PREPAID
If I REGISTERED POST ADDRESSED TO.THE VENDOR AND DEPOSITED IN A POST OFFICE ON OR BEFORE THE AFORESAID DATE.
/1.kfE HEREBY ACKNOWLEDGE THAT THIS OFFER IS NOT MADE SUBJECT TO ANY PROMISES BY ANY AGENT OF THE MINISTER OF
!IGHWAYS AND I/WE UNDERSTAND THAT THIS OFFER SHALL NOT BIND THE MINISTER OF HIGHWAYS UNTIL ACCEPTED IN
WRITING BY OR O_U BEHALF OF THE MINISTER OF HIGHWAYS.
DATED AT THIS -'"' DAY OF' - -19
(SEAL)
W ITN ESS
��(SEAL)