Loading...
3249 To authorize a Memorandum of Agreement with the Tillsonburg Golf and Country ClubBY-LAW NUMBER 3249 OF THE CORPORA TION OF THE TOWN OF TILLSONB UR G A BY-LAW to authorize a Memorandum of Agreement with the Tillsonburg Golf and Country Club WHEREAS The Town is desirous of entering into an agreement with the Tillsonburg Golf and Country Club; THEREFORE the Council of the Town of Tillsonburg enacts as follows: 1. THAT the attached agreement marked "Schedule "A" be included as part of this by-law and incorporated herein; 2. THAT the Mayor and Clerk be hereby authorized to execute the attached agreement marked as Schedule "A" on behalf of the Corporation of the Town of Tillsonburg. READ A FIRST AND SECOND TIME THIS 10`h DAY OF April, 2007. READ A IRD AND FINAL TIME AND PASSED THIS 23'-d DAY OF April, 2007. AYOR-Stephen Molnar CLERK -Michael Graves MEMORANDUM OF AGREEMENT THIS AGREEMENT made the��. - ` day of -,1,2007. BETWEEN: THE CORPORATION OF THE TOWN OF TILLSONBURG hereinafter called the "TOWN" - and - TILLSONBURG GOLF AND COUNTRY CLUB hereinafter called the "Club" Whereas the Town has established a Letter of Intent with the Tillsonburg Golf and Country Club dated December 20, 2005 attached here as Schedule "B". Whereas the Town is willingto allow the development of a golf course on the lands owned by the Town described as parts on Plan . he Club would like to proceed with the development and begin construction of Whereas t the additional lands for the use of a Golf Course. The parties agree to the following: The Club Is allowed to enter onto the land and conduct works on the site to develop the lands for the use of a golf course. The Club and any of their contractors, sub -contractors or assigns will hold the Town of r harmless from an liability due to the construction of additional golf course Tillsonbu g y land. y The Club and an of their contractors, sub -contractors or assigns will name the Town of Tillsonburg specifically on an s ecificall insurance policies for the development of these y properties. The Town and the Club agree that at the end of this construction period the Club will lease the lands from the Town and that lease will incorporate clauses as outlined here and will substantially be in the fon-n attached hereto as Schedule "A". The Town agrees to cover the costs of the said construction should there be any legal reasonprohibiting the town to enter into a lease as in Schedule "A". The Town and the Club agree that at the time of the lease this Memorandum of Agreement will be no longer valid and the lease will take its place. IN WITNESS WHEREOF the parties hereto have hereunto affixed their Corporate Seals this �-- , 2007. s day of /A, TILLSONBURG GOLF AND COUNTRY CLUB V to, A0, C, C. A:-- 100, I/WE Have Authority to Bind The Corporation THE CORPTION OF THE TOWN OF TILLSONBURG M-AYOR Stephen Molnar CLERK — Michael Graves