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3084 To authorize the sale of lands to David Prince.CORPORATION OF THE TOWN OF TILLSONBURG By-law Number 3084 A BY-LAW TO authorize the sale of lards to David Prince. WHEREAS the lands subject to this by-law have been authorized for acquisition by the Corporation of the Town of Tillsonburg for industrial purposes under authority of By-law 2373. WHEREAS the Corporation of the Town of Tillsonburg has agreed to sell certain lands, being Part Lot 2, Concession 6 North of Talbot Road, shown as Part 1 on Registered Plan 41R-7250, in the Town of Tillsonburg, in the County of Oxford, to David Prince. BE It THEREFORE ENACTED by the Council of the Corporation of Tillsonburg as follows: 1. THAT the Council of the Town of Tillsonburg does hereby authorize the conveyance of lands known as Part Lot 2, Concession 6 North of Talbot Road, shown as Part 1 on Registered Plan 41R-7250, in the Town of Tillsonburg, in the County of Oxford, to David Prince. 2. THAT the Mayor and Clerk are hereby authorized to execute, on behalf of the Corporation of the Town of Tillsonburg, all documents required to implement the conveyance of lands described in Clause 1 hereof. 3. THAT Appendix "B" being an agreement to sell land to David Prince be included as part of the by-law 3084 and incorporated herein. 4. THAT by-law 3065 be hereby repealed. Read a first and second time this 8th day of December, 2003. Read a third time and finally passed this 26"' day of January, 2004. Mayor -- Stephen Molnar Clerk --- Michael Graves 3, APPENDIX "B" TO AGREEMENT TFIE CORPORATION OF THE TOXvN OF TILLSONBURG TILLSONBURG INDUSTRIAL PARK CONDITION OF SALE To maintain the high standards pct by the Town of Tillsonburg in establishing its Industrial Parks, the remaining vacant lands are being offered for sale under the conditions set out herein. These conditions will ensure a pleasant, park -like setting incorporating well -kept, landscaped areas with Attractive, properly set back buildings. Lot coverage be controlled to provide adequate parking facilities and room for reasonable expansion related tot the purchase -'s type of industry. The requirements governing all sales are set out to provide prospective purchasers, as well as existing Industries, with maxiMunl protection of their investments and to create an attractive, ` !ell planned and pollution free industrial park which will be a source of pride to them and to the community. For the purpose of these condition, the following definitions will apply: The Town: The Corporation of the Town of Tillsonburg The Councils Municipal Council of the Town of Tillsonburg The Park: Tillsonburg Industrial Park CONDITIONS_ 1. All sales of industrial land are subject to all applicable zoning by-laws and any other regulatory conditions made by the Town. 1' In all sales, the Council %will exercise discretion as to the type and quality of industry Which will he permitted to locate in the park. 3. tilinlinum lot coverage will be 5,000 square feet of' building per acre, with minimulll setbacks from all property lines as specified by the Town's applicable by-laws. Landscaped areas which are established in excess of the minimum setbacks designated may, be exempt from minimum lot coverage requirements with the consent of Council. The Council may exercise flexibility in certain circumstances where the type of industry proposed requires changes or amendments in lot coverage requirements. Requests for such consideration must be made in writing to the Council. 4. The sale price will be S.26,500 per acre for municipally owned industrial land serviced by water and sanitary sewers. Connection charges for water and sewers from the main to the property line will be the responsibility of the purchaser. The cost of storm sewers if or when installed, Will be assessed proportionately on an acreage to each industry located in the park. 5. In addition to the above per acreage charge for land, there will be certain additional charges made by the Town for water and electrical service. These costs are variable depending on size and location of' property and type of service required that can be obtained from the Town. 6. The purchaser will be required to submit for approval to submit for approval by the Town, the follo� ing: (a) site plan (b) floor plan (c) elevations (d) proposed exterior materials (e) plan of landscaped area n -2- 7. The purchaser will be required to begin construction within six months of the date of purchase. Should additional time be required, such extension must be requested in writing by the purchaser and will be approved at the discretion of the Council. S. The purchaser will be subject to the regulations of the Town, County, of Oxford and Province of Ontario, Ministry of the Environment, governing the discharge of wastes and effluents into municipal sanity, sewers and rivers, and will provide the necessary environmental protection and be liable for the cost of any pretreatment which may be required to comply %�-ith the said regulations. 9. The purchaser will be required to landscape and maintain his land to present the intended park -like appearance, Should he neglect to cut the grass and weeds and generally maintain the appearance of his property and any adjacent lands under option to him, the Town reserves the right to do the necessary work and any, costs thus incurred will be charged to the purchaser. I (). Outside storage areas must be screened off in a manner acceptable to the Town. 11. Should the purchaser fail -�o comply with any applicable condition, by-law or regulation Lis set out herein, the To%vn may regain the lands at any time prior to the start of construction by repayment: of 9011/o of the monies paid toward the purchase price of the land. 12. All original agreements arid covenants will remain in effect and binding on subsequent purchasers or leases of buildings, lands or portions thereof, and such sales must be approved by the Town where the nature of' the intended industry is other than that established by the original purchascr. 1-3. The purchaser in the event that the building constructed be of a rental nature will be required to submit for the Council approval and tenancy. Tenants must be mtrnufact uring-oriented for acceptance. 14. The purchaser shall provide a security deposit to the Town of' Tillsonburg on the construction of' the building on the said lands in accordance with the Town's Site Plan Approval Policy, 15, The within conditions of' sale shall continue to be binding on both of the parties hereto and shall not merge on completion of the transactions but shall remain binding on both of the parties, THIS IS SCHEDULE "A" to the offer to Purchase from V,4y,4= z0`711/��� to The Corporation of the Town of Tillsonburg. Per: ,_.-- THE CORPORATION OF THE TOWN OF TILLSONBURG Per : J