BYLAW - Sale of Lands - 19900613 - 319490' .
BY-LAW NO. 3194-90
OF THE CORPORATION OF THE TOWN OF AURORA
BEING A BY-LAW TO APPROVE the sale of certain lands
by the corporation of the Town of Aurora to Park
Place Manor Limited
WHEREAS by virtue of the Agreement of Purchase and Sale entered into
by The Corporation of the Town of Aurora, as Vendor, and Park Place
Manor Limited, as Purchaser, pursuant to Section 193(1) of The
Municipal Act, R.s.o. 1980, Chapter 302, as amended, (a copy of which
Agreement is attached hereto as Schedule "A") the corporation of the
Town of Aurora has agreed to convey part of those lands locally known
as the "waterworks property" described as Part of Lots 6, 7 and 8,
Part of Reserve Plan 1B, designated as Parts 1 and 3 on Reference
Plan 65R-6062, Town of Aurora, Regional Municipality of York
(hereinafter called the "Lands");
AND WHEREAS, in consideration of the aforesaid transfer of lands,
Park Place Manor Limited has agreed to pay to the corporation of the
Town of Aurora the Purchase Price of One Hundred and Five Thousand
Dollars ($105,000.00);
NOW THEREFORE the Council of the Corporation of the Town of Aurora
enacts as follows:
1. That the Lands are no longer required by the Corporation of
the Town of Aurora for municipal purposes.
2. That the Lands be sold to Park Place Manor Limited for the
consideration of One Hundred and Five Thousand Dollars
~''''' ($105,000.00) and in accordance with the terms of the
Agreement of Purchase and Sale.
3. The Town Solicitor is hereby
this By-law to be registered
registry office.
authorized to cause a copy of
against the Lands in the proper
'
4. The Town Clerk and the Mayor is hereby authorized to sign and
execute under seal of the corporation of the Town of Aurora
all documentation necessary to effect the disposition of the
Lands to Park Place Manor Limited.
READ A FIRST AND SECOND TIME THIS 16th DAY OF ]\{ay:c~; 1990.
READ A THIRD TIME AND FINALLY PASSED THIS 13th DAY OF June , 1990.
CLERK
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SCHEDULE "A"
NO'rWITHSTANDING anything contained to the contrary in this Agreement
of PUrchase and Sale the following provisions shall apply:
1. The Purchaser hereby directs the Vendor to hold the deposit of
Ten Thousand Five Hundred ($10,500.00) Dollars in connection with
this transaction in trust. If reasonably possible the deposit
shall be placed in an interest bearing account, with any accrued
interest on same to be credited to tlle Purchaser as soon a.s
reasonably possible after closing. The Vendor assumes no
liability for the payment of interest and the Purchaser
acknowledges that the Vendor may not be capable of placing the
deposit in any interest bearing account.
2. This Offer is conditional upon the rezoning of the Property to an
institutional designation permitting the construction of a multi-
unit retirement residence, and upon site specific zoning By-Law
No. 3182-90 dated April 25, 1990 being final and binding on or
before the date of closing. All costs incurred by the Purchaser
in attaining the rezoning shall be the full responsibility of the
Purchaser and the Vendor agrees to cooperate with the Purchaser
in its effort to obtain the rezoning at the Purchaser's sole
expense.
3. On or before closing the Purchaser hereby covenants and agrees to
4.
execute, deliver and register on title a duly authorized Quit
Claim Deed, i.n the form attached hereto as Schedule "D", to any
rights the Purchaser has with respect to those lands legally
described as Part of Lot 6, Part of Reserve Registered Plan lB,
Town of Aurora, Regional Municipality of York, designated as
v
Parts 2, 9 and 10 on Reference Plan 65R-6064.
¥-//
On or before closing the Vendor covenants and agrees to execute
and deliver a duly authorized Quit Claim Deed in registrable form
to any rights the Vendor has with respect to those lands legally
described as Part of Lots 4 and 5 east side of Yonge street and
~
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part of Reserve, all on Plan lB, designated as Part 1 on
Reference Plan 65R-10233, Town of Aurora, Regional Municipality
of York together with all rights of way appurtenant thereto.
5. The Purchaser hereby covenants and agrees that the Vendor shall
retain the following easements in perpetuity after the Purchaser
has taken legal title to the Property:
6.
I. A 1. 5 metre wide strip of land running in an ea.st to west:
direction across the entire property located at or near the
north limit of the Property to establish an unimpeded
easement allowing for pedestrian travel.
II. A 3.0 metre wide strip of land in, over, through and on the
Property to access and maintain the existing watermai.n
located on the Property.
The said easements shall be in a form satisfactory to t.he
Vendor's solicitors, and shall be in a location in, over, thrm1qh
and on the Property suitable to the vendor in its absolute
discretion. The Purchaser shall at its sole expense pay any and
all costs relating to the execution, delivery and reg:i.stration on
title of the said easements, including, but not limited to, the
costs associated with the preparation and deposit of a Refere.nce
Plan prepared by a duly qualified Ontario Land Surveyor which
sets out the legal description of the said easements in
registrable form. This obligation shall survive closing.
The Purchaser hereby covenants and agrees that the Vendor shall
exercise, or caused to be exercised, architectural control over
the design and construction of any buildings on the Property.
Prior to the construction of any buildings on the Property and
prior to the issuance of any building permit the Purchaser agrees
to submit to the Vendor for review a site plan drawing containing
a sufficiently detailed depiction of the exterior of any proposed
buildings for the Vendor to the determine that the proposed
· JUN--'06"'1990' 09: 30 FROM GOWLI NG, STRATHY TO 7274993 P.08
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buildings will be of an architectural standard which is
satisfactory to the Vendor in its sole discretion. The Purchaser
agrees not to construct any buildings without the express prior
written confirmation and consent of the Vendor and any
controlling architect that all architectural standards have been
met, such confirmation and consent not to be unreasonably
withheld.
7. The Property shall remain at the risk of the Vendor and the
Vendor shall hold all insurance policies until closing as it
deems advisable in its absolute discretion.
S. On closing of this Agreement of Purchase and Sale, the Purchaser
hereby further covenants and agrees to deliver a duly authorized
Full and Final Release in the form annexed hereto as Schedule
"B", and any other documentation which the Vendor may reasonably
require to establish that the legal action of I.E.M. Management
Limited, {now CEBY Management Limited), against the Vendor
commenced under Supreme Court of Ontario file no. RE 1992/88 will
be dismissed on consent without costs, to whl.ch order the Vendor
undertakes to consent in writing.
9. The Vendor hereby further covenants and agrees to direct the sum
of $5,000.oo to Gerry Copley on closing and successful
completion of this Agreement of Purchase and Sale in
consideration for Mr. Copley's agency services. Upon receipt of
the said $5,000.00 payment Mr. Copley shall execute a release of
all claims he may have against the vendor and the Property. The
said release shall be the form annexed hereto as Schedule "C".
if'"'' ·~~ I
. :~ )
'"'\,,,) 10. The Vendor agrees to provide the following documents on closing:
1. Transfer/Deed of Land in registrable formr
2. Undertaking to readjust;
3. Statement of Adjustmentsr
4. Appropriate authorizing by-laws in registrable form;
n
IU '12'(433.3 P.03
- 4 -
' s. Quit Claim Deed in registrable form to the lands abutting
the Property owned by CEBY Management Limited (fo~~erly the
I. E.M. Management Limited) in the form annexed hereto as
Schedule "D".
• t .
New Property Identifiers
Executions
(8) This Document provides as follows:
O'fE & DURHAM CO. I..IMITEO
Form No. 985
Document General D Form 4-Land Registration Reform Act, 1984
Additional:
See 0 Schedule
Additional:
See
Schedule D
(1) Registry ~
(3) Property
ldentlfter(s)
Land Titles 0 ~ (2) Page 1 of 2 pages
Block Property
)
Additional:
See 0 Schedule
(4) Nature of Document
BY-LAW (Section 193 of The
Municipal Act)
(5) Consldaratlon
NIL Dollars$
(6) Description
Part of Lots 6, 7 and 8, Part of Reserve
Registered Plan lB, designated as Parts 1
and 3 on Reference Plan 65R-6062
Town of Aurora
Regional Municipality of York
(b) Schedule for:
Additional
(7) This
Document
Contains:
(a) Redescription
New Easement
Plan/Sketch D Description D Parties D Other ~
BY-LAW NO. 3194-90 OF THE CORPORATION OF THE TOWN OF AURORA is attached.
( (9) This Document relates to instrument number(s)
(10) Party(ies) (Set out Status or Interest)
Name(s)
.
Signature(s)
Continued on Schedule 0
Date of Signature
Y M D
' THE CORPORATIO~. OF THE TOWN OF AURORA COWLING, STRATHY & HENDERSON i : : . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ................................. : ..... ! ... r ..
BY ITS SOLICITORS: Per: tl990 :03 i ................................................. :r·a·.;~~. e:·." wi'ii~{,gh.by ........ i ....... "!'. '1
' ' ' ' . • • • • •'' • •' '• •''' • •'' • •''' • •'''''' • • • • • • •' • •' •' • • • • • • • • • •' • • • • •' • • • • • • • • • ~ •' •' 'l' • ·\· • • I
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(11) Address
for Service 81 Industrial Parkway North, Aurora, Ontario L4G 6Jl
(12) Party(les) (Set out Status or Interest)
Name(s)
, •. Signature(s) Date of Signature
Y M D
. . • • . • . . . . . • . . • . . . • • . . . . . . • . • . • • . • r . . . . .
\ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . [ . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . [ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(13) Address
for Service
(14) Municipal Address of Property
NOT ASSIGNED
10174 (12/84)
'
(15) Document Prepared by:
JAMES C. WILLOUGHBY
COWLING, STRATHY & HENDERSON
Barristers and Solicitors
3800 Commerce Court West
Toronto, Ontario
M5L lJ3
111 --------~Fe=e=s~arn=d~T~ax~-------->it ..J
z Registration Fee 01-.::....._ ___ 1-------
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BY-LAW NO. 3194-90
OF THE CORPORATION OF THE TOWN OF AURORA
BEING A BY-LAW TO APPROVE the sale of certain lands
by the corporation of the Town of Aurora to Park
Place Manor Limited
WHEREAS by virtue of the Agreement of Purchase and Sale entered into
by The Corporation of the Town of Aurora, as Vendor, and Park Place
Manor Limited, as Purchaser, pursuant to Section 193(1) of The
Municipal Act, R.s.o. 1980, Chapter 302, as amended, (a copy of which
Agreement is attached hereto as Schedule "A") the Corporation of the
Town of Aurora has agreed to convey part of those lands locally known
as the "waterworks property" described as Part of Lots 6, 7 and 8,
Part of Reserve Plan 1B, designated as Parts 1 and 3 on Reference
Plan 65R-6062, Town of Aurora, Regional Municipality of York
(hereinafter called the "Lands");
AND WHEREAS, in consideration of the aforesaid transfer of lands,
Park Place Manor Limited has agreed to pay to the Corporation of the
Town of Aurora the Purchase Price of One Hundred and Five Thousand
Dollars ($105,000.00);
NOW THEREFORE the Council of the Corporation of the Town of Aurora
enacts as follows:
1. That the Lands are no longer required by the Corporation of
the Town of Aurora for municipal purposes.
2. That the Lands be sold to Park Place Manor Limited for the
consideration of One Hundred and Five Thousand Dollars
($105,000.00) and in accordance with the terms of the
Agreement of Purchase and Sale.
3. The Town Solicitor is hereby authorized to cause a copy of
this By-law to be registered against the Lands in the proper
registry office.
4. The Town Clerk and the Mayor is hereby authorized to sign and
execute under seal of the Corporation of the Town of Aurora
all documentation necessary to effect the disposition of the
Lands to Park Place Manor Limited.
READ A FIRST AND SECOND TIME THIS DAY OF MARCH, 1990.
READ A THIRD TIME AND FINALLY PASSED THIS DAY OF ' 1990.
J. WEST, MAYOR C. E. GOWAN, CLERK
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New Property Identifiers
Executions
(8) This Document provides as follows:
OYE & DURHAM CO. LIMITED
Form No. 985
Document General D Foi'ITI 4-land Registration Retonn Act, 1984
Additional:
See 0 Schedule
Additional:
See
Schedule D
(1) Registry E9
(3) Property
ldentlller(s)
Land Titles 0 ~ (2) Page 1 of 2 pages
Block Property
)
Additional:
See 0 Schedule
(4) Nature of Document
BY-LAW (Section 193 of The
Municipal Act)
(5) Consideration
NIL Dollars$
(6) Description
Part of Lots 6, 7 and 8, Part of Reserve
Registered Plan lB, designated as Parts 1
and 3 on Reference Plan 65R-6062
Town of Aurora
Regional Municipality of York
(b) Schedule for:
Additional
(7) This
Document
Contains:
(a) Redescription
New Easement
Plan/Sketch D Description 0 Parties 0 Other ~
BY-LAW NO. 3194-90 OF THE CORPORATION OF THE TOWN OF AURORA is attached.
(9) This Document relates to instrument number( a)
(10) Party(les) (Set oul Slatus or lnlerest)
Name(s)
THE CORPORATION OF THE TOWN OF AURORA
BY ITS SOLICITORS:
Signature(s)
Continued on Schedule 0
Date of Signature
Y M D
' l : •.... 1 •• ·:· •.
l
1990 ·o 3 i ..... : .. ·i·. "I . :
: . . . . . : . . ' \ . . . ~
Per:
James c. Willoughby
: i : ' ~~~--------------------------------------------------~~~· '
<11 lAddress 81 Industrial Parkway North, for Service
(12) Party(les) (Set oul Slatus or lnlerest)
Name(s)
Aurora,
Signature(s)
Ontario L4G 6Jl
Date at Signature
Y M D
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. i ..
(13) Address
for Service
(14) Municipal Address of Property
NOT ASSIGNED
'
(15) Document Prepared by:
JAMES C. WILLOUGHBY
111 Fees and Tax ~-~~~~--~~~~--------5 Registration Fee
GOWLING, STRATHY & HENDERSON Il----------l-------
Barristers and Solicitors ~ll-------i'--------
3800 Commerce Court West w
(J
it Toronto, Ontario
MSL 1J3 ~IF==========F===========
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~--------------------~----------------------/ l~
10174 (12/84)
. ' .. -:
BY-LAW NO. 3194-90
OF THE CORPORATION OF THE TOWN OF AURORA
BEING A BY-LAW TO APPROVE the sale of certain lands
by the Corporation of the Town of Aurora to Park
Place Manor Limited
WHEREAS by virtue of the Agreement of Purchase and Sale entered into
by The Corporation of the Town of Aurora, as Vendor, and Park Place
Manor Limited, as Purchaser, pursuant to Section 193(1) of The
Municipal Act, R.S.O. 1980, Chapter 302, as amended, (a copy of which
Agreement is attached hereto as Schedule "A") the Corporation of the
Town of Aurora has agreed to convey part of those lands locally known
as the "waterworks property" described as Part of Lots 6, 7 and 8,
Part of Reserve Plan 1B, designated as Parts 1 and 3 on Reference
Plan 65R-6062, Town of Aurora, Regional Municipality of York
(hereinafter called the "Lands");
AND WHEREAS, in consideration of the aforesaid transfer of lands,
Park Place Manor Limited has agreed to pay to the Corporation of the
Town of Aurora the Purchase Price of One Hundred and Five Thousand
Dollars ($105,000.00);
NOW THEREFORE the Council of the corporation of the Town of Aurora
enacts as follows:
1. That the Lands are no longer required by the Corporation of
the Town of Aurora for municipal purposes.
2. That the Lands be sold to Park Place Manor Limited for the
consideration of One Hundred and Five Thousand Dollars
($105,000.00) and in accordance with the terms of the
Agreement of Purchase and Sale.
3. The Town Solicitor is hereby authorized to cause a copy of
this By-law to be registered against the Lands in the proper
registry office.
4. The Town Clerk and the Mayor is hereby authorized to sign and
execute under seal of the Corporation of the Town of Aurora
all documentation necessary to effect the disposition of the
Lands to Park Place Manor Limited.
READ A FIRST AND SECOND TIME THIS DAY OF MARCH, 1990.
READ A THIRD TIME AND FINALLY PASSED THIS DAY OF , 1990.
J. WEST, MAYOR C. E. GOWAN, CLERK
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New Property Identifiers
Executions
(8) This Document provides as follows:
OY€ !. OUFIHAM CO. LIMIT€0
Form No 985
Document General D FonY! 4 -land Registration Reform Ac~ 1984
Additional:
See 0 Schedule
Additional:
See
Schedule 0
(1) Registry ~
(3) Property
Identifier( a)
(4) Nature of Document
land Titles 0 I (2) Page 1 of 2 pages
Block Property
BY-LAW (Section 193 of The
Municipal Act)
(5) Consideration
NIL Dollars$
(6) Description
J
Additional:
See 0 Schedule
Part of Lots 6, 7 and 8, Part of Reserve
Registered Plan lB, designated as Parts 1
and 3 on Reference Plan 65R-6062
Town of Aurora
Regional Municipality of York
(b) Schedule lor:
Additional
(7) This
Document
Contains:
(a) Redescription
New Easement
Plan/Sketch 0 Description 0 Parties 0 Other ~
BY-LAW NO. 3194-90 OF THE CORPORATION OF THE TOWN OF AURORA is attached.
.
Continued on Schedule 0
(9) This Document relates to Instrument number( a) l
(10) Party(les) (Set out Status or Interest)
Name(s) Signature(s)
THE CORPORATIO~OF THE TOWN OF AURORA
BY ITS SOLICITORS: .............. P~~! .............................. .
James c. Willoughby
<11 )Address 81 Industrial Parkway North, Aurora, Ontario L4G 6Jl for Service
(12) Party(les) (Set out Status or Interest)
Name(s)
, ..
. . . . . . . . . . . . . . . . . . . . . . . .
Signature(s)
Date of Signature
Y M 0
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..... ! .. ·\·.
Date of Signature
Y M 0
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--~·. '\, .......................... .
(13) Address
for Service
(14) Municipal Address of Property
NOT ASSIGNED
10174 (12/84}
. . . . . . . . . . . . . . . .
'
(15) Document Prepared by:
JAMES C. WILLOUGHBY
_ 1111 Fees and Tax ,::'1---....:..:::::.::...:;.:::....:.:::.... __ _
-' z Registration Fee
GOWLING, STRATHY & HENDERSON ~lf------+-------
Barristers and Solicitors oo
3800 Commerce Court West
Toronto, Ontario
MSL 1J3
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New Property Identifiers
WWWI-11~W·. W 11-...0111 II
Document General 0 Form 4 -~-11(1 Rtglstrouon Refonn Act, 1fl84
Additional:
s.. 0 Schedule
(1) Reglttl)' ij!J
(3) Properiy
lderitlfhlrjs)
(4) Nalllro of Document
Land THies Q r (2) Page 1 of 2 pages
Block Property
BY-LAW (Section ]93 of The MunicipDl Act)
Additional: ... 0 Scho<lulo
~====---·-----~---------~--------1 (5) Conolde,..llon
NIL Dollars$
(6) Doi!Crlpllon
Part of Lot 6, Eastside of Yonge Street and
Part of Reserve all on Plan tB designated
as Parts 2, 9 and ro on Reference Plan
65R-6064
Town of Aurora
Regional Municipality of York
lllf<E=x~~.,,~~n~.~---------------------------~~----~~~==--~~~~~------------~ (7) This (a) Redescription i (b) Schedule for:
Adc:titlonal: Document Ngw Easement Additional
See 0 Contains: Plan!Skeleh O Deoerlptlon 0 ~~~~~~~~~~~~~~:--~S~c-ha~d~u~I• _____ _L __________________________ _
(8) Thto Document provides •• follow•:
Portles O Other lZJ
----------<
I BY-LAW NO . OF THE CORPORATION OF THE TOWN OF AURORA is attached.
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Continued on SctiedUle 0
~===::-.-::::;~==::-::::-===:-:---------~--------~l (9) Thlo Doeumt>nt Mlatos to lnttrumt>nt numoor(s) ~
;>;;;;::-;;-:=;::;-=-=-;::~~~=:::--------------------------·---~---<_ (10) Party(leo) (Set ovt Status or Interest)
Name(s) Signature(S) Date CJf $iQnature
v M \.1
THE CORPORATION OF THE TOWN OF AURORA GoWLING, STRATHY & HENDERSON! .. ' .. '' ... '''. ' ...... '-....... '. i-.. '.:
Per: ............ . . ; . . -
James c. Willoughby 990 03
:
t...~=~----------------------------'---------....._--1 (11) A<ld.-..o .
forSorviC<I 8! Industrlal l?arkway North, Aurora, Ontario L4G 6JI
>(~1~2)~P=a-rty(~I~K~)~(~S~~~o-u~t~S~ta~tu_s_o_r~ln~t-er-e~~~)----------------------------------------,--------------------------------------~
Name(s)
(13) Add"'""
for S@rvlce
(14) Municipal Addrnss of PrOJ)(!rty
NOT ASSIGNED
Signa~ure(s)
(15) Doeu"""'t Pr<!pare~ by:
JAMES C. WILLOUGHBY
GOWLING, STRATHY & HENDERSON
Barrist@rs and Solicitors
3800 Commerce Court W@st
Toronto, Ontario
MSL ]J3
Fees and Tax~'---------:; -
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olr-~------~------------311~----------+-------------w
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SCREPULE "B"
FULL AND FINAL REI.El\SE
IN CONSIDERATION of the closing of an Agreement of Purchase and
Sale dated the day of , 1990, (the "Agreement")
by The Corporation Of the Town of Aurora (the "Corporation") relating
to those lands legally described as Part of Lots 6, 7 and s, Part of
Reserve Registered Plan lB, designated as Part 1 and 3 on Plan 65R-
6062 in the Town of Aurora, Regional Municipality of York (the
"Property"), at a stipulated purchase price of ONE HUNDRED AND FIVE
THOUSAND ($105,000.00) DOLLARS the undersigned hereby releases the
Corporation from any and all claims, actions, causes or demands the
undersigned may have against the corporation arising from the
submission of a tender and proposal to the Corporation dated November
21, 1986.
DATED at this day of , 1990.
CEBY MANAGEMENT LIMITED
Per:
Name:
Title:
•
IU l . .l.L
SCHEDULE "C"
FULL AND FINAL RELEASE
IN CONSIDERATION of the payment to the undersigned of the sum of FIVE
($5 1 000.00} DOLLARS (Cdn.} the undersigned hereby releases and
forever discharges The Corporation of the Town of Aurora and those
lands legally described as Part of Lots 6, 7 and 8, Part of
Registered Reserve Plan lB, being Parts 1 and 3 on Plan 65R-6020 (the
"Property"} from any and all claims, actions, causes of action or
demands the undersigned may have against the Corporation of the Town
of Aurora arising from the sale of the Property to Park Place Manor
Limited.
DATED at this day of ' 1990.
---·····-·-~----------~--------
Gerry Copley
}
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FRCIM , LiUWLl Nli , ~ I ~H I HY ILl
OFFER TO PURCHASE
AGREEMENT OF PURCHASE AND SALE
"llwe PARK PLACE MANOR LIMITED
OVE 6 01JA)ojAM GO liMIT(!;"·
t<;><..., Nc., ~·t
~~ x.,:,oo'. (as F'vrcMas~r) MviPI) inspected the Proo~rty hereby .JgrM to and with
THE CORPORATION OP THt TOWN OF AURORA
is<;~ V~t\dOf). ~-. . . . . . .
land situate on
:o P""""" '" ano Singular tno ,11,1i,MS'it'J:rlPoo1'th'i,.":'·. th.e ... e a.s t s;oe o1 ,'l Qn9e S t re.e,t ,
.··("''\'"'""Town ,.,f Aurora, Regional.llunicipality of 01 York,. legally described as !'art
· .. !J ..•. 1., \6, 7 andSl?art of Reserve Plr,n. lB, being Parts 1 and 3, Plan 6SR-6062 (herein ':! t-"':;,. c:alled. :'.the Property') lilelliiil'<ll.illoll''l~¥>.15,;>~~"
. '.,,jJral$iil!o~~!l"l&~lO~ l\,JS.f!"~l!'~il'.lfaboul lil~1i!.li'X
lfelf,a' X X l\./!i 'lli., X . ~~il!l~-111<1( X
York Re9ion (No. 65)
at the prlc~.t Of ~urn Qf ONE HUNDRED AND fiVE THOUSAND------------------105,000.00
Oollars ($ . . 1
TEN THOUSAND, FI~~~---------------------------10 500 on ::$:~~::~ti.liM cheque 10 ~he slf~O\Mo/o~ this dat~ ~s ~ ~~posll ~o ~e held In trvst ~~~~·i~~ co~~~~;i~~ or othe~ t~r~in~;ion of th~s0::;:~~~n~. ~~; ~·~ ~e cr~dite:
on accoun( Of (':wchase mon~y on cloSing, 3M COvenant, ptOmi$€ and agr~~ ',o p a y t h. e b a 1 an C e 0 f t h e p U r c h a S .e )? r i C e
of
to the V~ndor by certified chequ~ on closing subject to the usual adjustments.
S.ee Sehedule "A" attached hereto and forming part of this Agreem,.nt of
Purchase and Sale.
Also see Schedule "B"
Purchase and Sale.
attached hereto and forming part of this Agreement of
/ f
PROVIDeO !M title rs. goOd and free from a!l enCUM'IbrMc~s. ex(:e~t as afores~iCI. ar'ld exceptloeal fates anc:' minot ;oasements for Mydro. g~~. tei~~MM! or lr!-:e .services
to tM Property: sa1d trtfe to be examined by the Purchaser 31 his own expti"'S9. and the P'orchaser no\ to eatl tor the prQdi,telion of any !ille C!Md. abstract of t1\IG". surveY.
proof or e-videnCB of til hi!. otMf than those 11"l Yemdor's p!)SM·ssion or vnde-r his conlfol: aM provrded tM s~Me hav;; beel"' COrilDired wit~. tM Purchaser 10 <ICC.,.PI the Pr>:~pe-r\y
'f'i!~\~~o fvl,M_'ncCfa' 'e~~g'~~-il'l~rglil1~b,t~i~f2f'~ij'in¥c;l~w'!lllf~~"~~4f!f;nts 3.!; above-mantiOMd. and to restrictions and r;:oven-ll'>t:; that rwn w1\h !"lS lan-~
Thirty (30)
The Pvr<:;l"las~r to be :allowed : . . days from the date of aec~otance ol thiS Offer lo inve.s1igoue the title at hiS own expens-e . .a!'ld i! w1thrn (h3\ irl'l1e he
snan furnish the V(I:MOr m Wtlhl"'g with any vahct ObJSc!IQn to ;he title, or to any outs!.;mding MuniCip~;~l work ~rders or detlc;iel"lCY.I'lOtlces aHeetil'lg :he Propel'\y. 01 ;'lon-cornoil.;mr;:~
wtth 1,01'111'!9 'Oy-taws. or tMt the preStl"'t use of the Property maY 1'101 be 1awluny contmueQ, or that the b1,11ldings M the !)rop~rty may not oe in.sured a~a:nst r1Sk of f~re.
Wh1Ch !he '(enoor :;hall be UMble or unwilling 1~ remove or ct~rrect, and Wh1Ch th~ I='_U!Cha:;er will not warve. thl~ Agreement shall, notwith::otandtng '·"'"'Y •r'll'='medr.'i'.P .~c!s
or nego\1aMr'ls. be null and votd and th~deposrl mon~y returnee!\¢ the Pt.JrcMser without inte~st o~ oeouction. ana the Vttl"lOOr and the AgMI r;;hail not oe i·Mf~ tor ar<y
COSISOr damagH. Save as to My v«<idobJetti¢t'l so m.r;~f;!e-withm such l1me. !he Purchaser s!'IM be coneti.JStv~!y deemOO lo have a~\'f:PIM iM title of lhe '.'<?r'H:JOr ;c :""~e Pro:;o'>r:y
c!.<.·:r, . . . I. if any .. ,.<, ·\Vendor herttDy Consents to the mun!CIDality rl;.'!eMing tO ihli! purc!"iaser details ot all ou!St!ilnding Mun1c1pal wor~ crders or deliC;IO,Cy r.oL•ces,af!0Cionlj :'1e Pr·:JOf.r:y
\Aareemel'lt s.MU be comp!oted on ar QefOf~ the ~ 14th day Of June 19 9 O on w~rch date vacar"~t possess enol it\" }~rty 1S •o be g1Y~rt \o the PurcMser unless ¢t/'t~rwr~e prov1ded lor heren"',
\~~~""'\ t:tlltt1 ~~~ e.f ~ <&~l<titf'll!!ftnt~~"'!'r.teftt"'&~~..,~poel'4y~llJ::Ie..aodJQI'Itili.C. a.t. tbGJie;k..Q~ ~~Pitit-t~~~I!M~~ItT'Idoo"""""t+to+ct-e.t~·'O'!~ trl'tf'l""-'~l"ret"' e~~t'l!'d-on tt~~r-af'lct-~~,l'ti'C.'el;!'l!l~~~ef tA .ff~.HJ\4oF.t~at~s;.I'IOr~a. as...&l"'$t-.t~~)"'~~M.-ITT;~ 'e'Jefl'l" M d'am~~i¢' fl'l6-s~~rt'l:lr~~ .lT'Id"~al'p'tilr=nt'
!::eft.~ lf'!e-e~h!ol~fo;~~!t(ie'l~tf~M?.PI!Ifei'IMI/!.I'f' ~~~e-~~~t-t~~ te o$alr!oe~~~~~-..o.~WJ. j;j;,~ehM&.-&r-E!eA&el4h+$-A."'9e-~t~~t'le,.._
tl'l~~~l'rti;H--~ '@~f.lelifoto-r.biJ.loor~ll:ii'AT wimooH-~M er-EI~i:iel!io4."9f..e~~~Jotel'et-&f~i~ .;n-e.~~~ "'~~~'"~
if any
UM.ltMd l1re •n&1.1rance prem1\Jms. fuet. ta:.:es. il'l\er~:lit. rJi!n\a!s and allloca.l im,rovem4i!nts al"ld water rl:'liJ.'/to r;;.e proportioned and dllawed to the cL~I"' 'Jf ·:ornc'~ll0'1 Q( S;J.I.;o
acting reasonably
iransfer 1 Dee<;~ to M prepared 3! tM expense Olt!'te Vo:>nQor 11'1 a fc>rm acceotable to the Purchaser's Solicitor. ari~·t-a-€1oioa~r!o¥M""I~s-to-be -got~r'l"'b!!ct.~<'!'tl""!'!' ~~'i!""
Pf~3-C9'i <at~ WIJo&MO Q1~ ~~Gfi-a-'o~~&l""'&o~ASI),I'&-$(}~~
TM tfansl~r I 0Md to be given to tile PureMser sh@ll cof'ltain Iii $\"'tement corn~l9ted by thii' Vel"lc:tOr and the Vendor'!; SoliCitor pursual"'t to Seclion 49(21a) ol tM Pia.nn~r':g
Act 1983.
Purchaser
Th1S A9r~ement $h!J.I1 be e1feci1Ye 10 create ,;~n rnt~J-rest ir'l the rea! prot:~erty only rf !he ~pphcable lal"!d division provisions ot tM P'!Mning Act ~r~ cemphe-[1 w1th. and \1"~,;-n~
a9rees. a! hiS expense. \0 COrr'lply With Sl.l~h OrOvisions anO 10 proc:eed d1ligsntty With :M ~ppl!catlon fer SI.,ICI"l COmplidnCe.
The V~nd9r, or-or beiQr' ~¢mpletran. w1!1 prOduce evrdence tha.! l)e IS !10\ !"OW. and voon cott'lPietlol"' wrtl not oe. a ''I"!OI"'·'~Sident person·· w~t!'l•l'l ~he-"l"l'l'a.::-or~g ~nc: 'OI ~~~
Durpo~es Qf $e-<:;il0r, T1e Ol 11'\e lr'tCome TJ.ll AC! Of CanaOa or •f he·~ .;1 "r,()n•r<!&tdel'l! D~~Mt'l ., WI I! lv!ly com~ly W1lh lhe OfOYISIOn$ vi S!}ct·OI"l 1 16 -~I ~h"' s.a•d Ac: 8r·~r :o o::c:•rT·~''!!•or
I
/
3
;''fUNc;06"'1990 09: 28 FROM GOWL ING, .. .STRRTHY TO 7274333 P.05 ' . . Jif:?J*?--:/· .. /"~ · w~,/-~--<: f . "" . .
-~j~f~·8estdene0 and or Value of 11'19 considerstlon reqvlr~ vndfi'r the Land transf~r Tax Act shall be pre~arM by the Purchaser
rt is agr_eeo that thm"' is :1() r~~~:-?:Mf\\<111\.lrl, warral"lty. collateral "~reement or condit•OI"l atfe<::tmg thiS Agreem~nt or th{l: r>roDerty or svpportM n~reby other thM dS expressea
here1r'l 11'l wn11ng
Any t{lll'ld9r of doc~.Jment~ or mor~ey her~under m\ii.Y !)~ MM9 uDon the-Y~!ldor or P'urel'laser or upon the Sotieitor acting fof the party on whom \~l'lder il:l desired. and it
gh(-(!1 ~~ ~ufflcll;'~t th~t Cl t1egot1abte certified ch!;'(11,1~ be it:ndered m:::teM of cash.
~~en C8rty \o pay :he costs of r~istration an(l IM~~ on his own o'oeum~nts.
.,
IN WITNESS WHeREOF
SIGNED. SeALSC AND OJ;:L,IVeFtE:O
m the pr~~~nce o 1
this
M:ve her~ut"Jto Ml .
day of
and se:!!l.
PARK PLACE MANOR LIMlTED
PUrchaser
r :we. MrMy accept the ;;~bov~ Offer a!"ld it<;~. term~. ~rid covenant promise and agree to and with the abovr-nam"'~f,!M~~~;u:r \Q Qvly carry out ;h~ :S3.r:'l~ on the terms and
coMitiOns above ,...,eNionM. and we Mreby accept\he o~posit.of $. 10 r SOO • 0.0 .. ~:a~ad~~ .. ~~~»¥ ~.}!:.XXX~~J~~X,~~
"'";)( lllt~OIPK »lXX XX X Wol' l!ol<i'll?' IW"~"'"""~i!' '!<.!' ~ ~oHIY~ ~<i'!Wll~lfol'~~ ~~ lS;;><,J&~~dh~
~ ~»J; ~ii<l;,iHiillm"~iliii!OX X
-'f'he Sooos~ o! the Vendor M'et>y COI'lsents to the 'S~ItS of the Property 3.M agrees to Join iM IM~ conveyenc~ thereof.
(Sf11~~ <JUI ~/J:N<' i "'" ~P.'''' I!·'Yt·! .
oAreo AT AURORA this O~y Of 19 90
. have nereul"\to ::>81 dnd seal.
SIGN EO
THE CORPORATION Of THE TOWN OF AURORA
In the !~10·· :?er~ ,,,;,!]<;< ·),:.'
I Mrgby t~cknow!edge ~t;tceipt Cl a signed copy of tl'li~ accepted Agree-mttl"lt of
Purch.~;~se ano S"J~
Addres:s:
il!llephOna No
GOWLING, STRATHY & HENDERSON
Vendor's Solicitor i Barrilters and Solie tors
3900 Commerce Court West,
\'eM(.'r T 1 t 1 ,;-.
Vendor
(f~if1x Se;;l;
Title
I hereby aei<.MwiM~H~ rooeipt of ~ !:iqnM COD>' d ~hi~ ~ccept~tl Agre,?m~•>t ,:J1
Purchas~ ;;~nd S~.l~.
Dctl-B
Addr!OISS:.
Purcha~~f'~ Solicitor
Tordftto, Ofttario MSL 1 J3
Jamee c. Wl J.lough}.iY No. (416) ~ ...... '{"'''\
l.tt1 l
t -~~~(
862-3519
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