HomeMy WebLinkAbout82-67I
i THE CORPORATION OF THE TOWN OF NEWCASTLE
BY -LAW 82 -67
Being a by -law to authorize the execution
of an Agreement of Purchase and Sale with
the Regional Municipality of Durham.
The Council of the Corporation of the Town of Newcastle HEREBY
ENACTS AS FOLLOWS:
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 Seal an Agreement of Purchase
and Sale between the Regional Municipality of Durham and the
said Corporation, which is attached hereto as Schedule "X ".
By -law read a first and second time this 10th day of May 1982.
By -law read a third and final time this 10th day of May 1982.
Garnet B. Rickard
Mayo r
David W Oakes
Town Clerk
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File No------------------- 5 ------ a -1_ 01 - - --
i
THIS AGREEMENT made this 31st day of August, 1982.
B E T W E E N:
THE REGIONAL MUNICIPALITY OF DURHAM,
(hereinafter called the "Assignor ")
OF THE FIRST PART
- and -
THE CORPORATION OF THE TOWN OF NEWCASTLE,
(hereinafter called the "Assignee ")
OF THE SECOND PART
WHEREAS by a lease dated the 1st day of January, 1978 (the "Lease ") the
Assignor as Lessor leased the lands and premises municipally known as 108 Liberty
Street North in the geographic Town of Bowmanville, being in the Town of
Newcastle, in the Regional Municipality of Durham, to Her Majesty the Queen in
Right of Ontario as represented by the Minister of Government Services, as
Lessee;
AND WHEREAS pursuant to an Agreement of Purchase and Sale between the
parties hereto, the Assignor agreed to sell the said lands to the Assignee and
the Assignee has requested the Assignor to assign to the Assignee all of its
right,.title and interest and the Assignee has agreed to assume the obligations
of the Assignor under the Lease.
NOW THEREFORE THIS AGREEMENT WITNESSETH THAT in consideration of the
premises and of other good and valuable consideration, the Assignor by this
instrument does assign to the Assignee, its successors and assigns forever, all
of its right, title and interest in and to the Lease, and the Assignee hereby
assumes all of the obligations of the Assignor under the Lease and agrees to
indemnify the Assignor and save it harmless of and from any and all claims of any
nature or kind arising out of the obligations of the Assignor thereunder.
hereto.
IN WITNESS WHEREOF this Agreement has been executed by the parties
THE RE GI AL,MUNICI ALITY OF DURHAM
Cha i rrma� rV
L.P..
TT—erT-
THE CORPORATION OF THE TOWN OF NEWCASTLE
r
�k.
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DATED: August 31, 1982
BETWEEN:
THE REGIONAL MUNICIPALITY OF
DURHAM
-and -
THE CORPORATION OF THE TOWN OF
NEWCASTLE
ASSIGNMENT OF LEASE
Shan K. Jain
Regional Solicitor
The Regional Municipality of
Durham
605 Rossland Road, East
Whitby, Ontario
Ll N 6A3
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