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HomeMy WebLinkAbout73-74THE CORPORATION OF THE TOWN OF BOWMANVILLE BY -LAW NO. - " Being a by -law to confirm the sale of lands to Penwest Development_... Corporation Limited for the establishment of industry and amend by -law 73 -36. WHEREAS by by -law Number 73 -36 passed on the 25th day of June, 1973, the Corporation of the Town of Bowmanville, hereinafter called the "Town" agreed to sell the lands therein described in Schedule "A1° to Penwest Development Corporation Limited, hereinafter called "Per-west", for the purpose of the establishment of industry and also by the said by -law further agreed to grant to Penwest an option to purchase certain lands described therein in Schedule "B ". AND WHEREAS a survey of the lands being sold and optioned has revealed the advisability of providing for a widening of the travelled road running along the eastern /limiter of the lands being sold and optioned. and southern AND WHEREAS Penwest has agreed to the resulting decrease in the acreage being purchased and it is necessary to confirm certain changes in the agreement of purchase and sale as set out and confirmed in by -law number 73 -36. NOW THEREFORE the Council of the Corporation of the Town of Bowmanville in consideration of the premises and pursuant to the Municipal Act R.S.O. 1970, Chapter 284, Section 354 (1), paragraph 50, HEREBY ENACTS that by -haw number 73 -36 be amended as follows: 1. That Schedule "A" be deleted and Schedule "A" to this by -law be inserted in the place instead thereof. 2. That Schedule "B" be deleted and Schedule "B" to this by -law be inserted in the place instead thereof. 3. That paragraph 1 of by -law 73 -36 be amended to provide for the sale and conveyance of 3.211 acres at a price of $22,477.00 rather than 3.54 acres at a price of $24,780.00. 4. That paragraph 2 of sail by -law 73 -36 be deleted and following substituted therefore: "that the said purchase and sale shall be completed within one month after the passing of the by -law" 5. That paragraph 3 of said by -law 73 -36 be amended by changing the acreage and purchase price to 7.010 acres at $49,070.00 from 7.15 acres at a price of $50,050.00. - 2 - 6. In all other respects the said by -law 73 -36 be and the same is hereby confirmed. 7. That the terms "Town°, "Town of Bowmanville" and "The Corporation of the Town of Bowmanville" when used in the said by -law no. 73 -36 and this by -law and as required shall refer to The Corporation of the Town of Newcastle, the successor municipal corporation to the Corporation of the Town of Bowmanville. 1973. READ a first and second time this 28th day of December, READ a third time and finally passed this 28th day of December, 1973. Mayor rk SCHEDULE `° A " ALL AND SINGULAR that certain parcel or tract of land and p3mises situate, lying and being in the Town of Bowmanville, County of Durham and Province of'Ontario and being composed of part of original Township Lot 8 in the lst Concession of the Township of Darlington now within the limits of the said Town of Bowmanville containing by admeasurement 3.211 acres more or less and being more particularly designated as Part 15 as shown on Reference Plan 1OR 269 deposited in the Registry Office for the Registry Division of Durham West (No. 10) on the 23rd day of November, 1973; TOGETHER WITH a right -of -way for persons and vehicles over Parts 20 and 22 as shown on said Reference Plan 1OR 269 until such time as the said parts 20 and 22 are dedicated and accepted by the Corporation of the Town of Bowmanville or its successor municipal corporation as public highways; SUBEJECT TO an easement in favour of the Hydro Electric Power Commission of Ontario registered as instrument number 8651 over Part 20 as shown on said Reference Plan 1OR 269. This is Schedule "A" to By -Law December, 1973. 7 "7 � passed on the 28th day of Mayor SCHEDULE "B" ALL AND SINGULAR that certain parcel or tract of land and premises situate, lying and being in the Town of Bowmanville, County of Durham, and Province Of Ontario and being composed of part of original Township Lot 8 in the lst Concession of the Township of Darlington now within the limits of the said Town of Bowmanville containing by admeasurement 7.01 acres more or less and being more particularly designated as Parts 13 and 14 as shown on Reference Plan 1OR 269 deposited in the Registry Office for the Registry Division of Durham West ( No. 10) on the 23rd day of November, 1973; TOGETHER WITH a right -of -way for persons and vehicles over Part,,' SAm 22 as shown on said Reference Plan 1OR 269 until such time as the said Parts 20 and 22 are dedicated and accepted by the Corporation of the Town of Bowmanville or its successor municipal corporation as public highways. This is Schedule "B" to By -Law 5. passed on the 28th day of December, 1973. Mayor