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3015 To authorize an Encroachment Agreement with David Russell Lockhart and Amanda Lee Lockhart affecting Lot 324, Plan 500, municipally known as 7 Pearl Street.THE CORPORATION OF THE TOWN OF TILLSONBURG BY-LAW NUMBEf AVVrt �=� A BY-LAW to authorize an Encroachment Agreement with David Russell Lockhart and Amanda Lee Lockhart affecting Lot 324, Plan 500, municipally known as 7 Pearl Street. WHEREAS it is expedient to enter into an Encroachment Agreement with the Owner of lands described with the Owner of the lands described as Lot 324, Plan 500, Town of Tillsonburg, County of Oxford. BE IT THEREFORE ENACTED by the Council of the Corporation of the Town of Tillsonburg as follows: 1. THAT the Agreement attached hereto and marked Schedule "A" to this By - Law be and is hereby approved and the Mayor and CAO/Clerk are hereby authorized to execute the same on behalf of The Corporation of the Town of Tillsonburg and to affix the Corporate Seal. 2. THAT the said Schedule "A" annexed hereto is declared to be part of this By - Law in the same manner as if written and incorporated herein. 3. THIS By -Law is passed pursuant to the Municipal Act, R.S.O. 1990, Chapter M.45, Section 210 (107). 4 µ , READ a first, second and third time, passed, signed, sealed and number ft S 25th y da of March 2002. Mayor CAO/Clerk SCHEDULE "A" ENCROACHMENT AGREEMENT AGREEMENT made in Quadruplicate this 18th day of March 2002. BETWEEN: THE CORPORATION OF THE TOWN OF TILLSONBURG hereinafter called the "Town" OF THE FIRST PART - and - DAVID RUSSELL & AMANDA LEE LOCKHART hereinafter called the "Owners" OF THE SECOND PART WHEREAS the Owner is the registered owner of lands and premises, in the Town of Tillsonburg, County of Oxford, being Lot 324 on the south side of Pearl Street, Plan 500, municipally known as 7 Pearl Street. AND WHEREAS a step and ramp have been constructed on the west side of the building on Lot 324, Plan 500, which encroaches onto the alley running between Pearl Street and Pine Street as shown on Plan 500; AND WHEREAS the Owner has requested the Town to allow the use and maintenance of said encroachment for such period of time as the building remains in its present location. AND WHEREAS the Town is of the opinion that allowing such use and maintenance would not be against the public interest. NOW THEREFORE THIS AGREEMENT WITNESSETH that in consideration of the premises and the sum of ONE DOLLAR ($1.00) of lawful money of Canada, now paid to the Town by the Owner, the receipt whereof is hereby acknowledged, the parties hereto agree as follows: 1. The Owner shall be allowed the use and maintenance of the portion of the brick garage which encroaches onto the alley, as set out on the attached surveyor's sketch, provided that the use and maintenance of such portion shall at all times be at the Owner's risk. 2. The Owner, its successors and assigns, as owners and occupiers from time to time of the said lands above described, will at all times indemnify and save harmless the Town of and from all costs, losses, and damages, which the Town may suffer, be at or be put to for or by reason of or on account of the existence of the said brick garage or the use or maintenance of the said encroachment or anything which may arise by reason of the use and maintenance of said encroachment, or by reason of the existence, use, maintenance or repair or lack of repair of the said encroachment. 3. Upon demolition or removal of the brick garage encroaching on alley as shown on the attached plan, as aforesaid, this agreement shall be terminated and shall be of no force and effect whatsoever. 4. This agreement shall be binding upon the owners, their successors and assigns, as owners and occupiers from time to time of the lands and premises above described and the covenants herein contained shall be deemed to run with the said lands and premises and bind the owners and occupiers thereof from time to time. THIS AGREEMENT shall ensure to the benefit of and be binding upon the parties hereto, their heirs, executors, administrators, successors and assigns. IN WITNESS WHEREOF the said parties hereto, have hereunto set theirs hands and seals and the Corporations have hereunto caused to be fixed their Corporate Seals under the hands of their duly authorized officers in that behalf of this 18th day of March 2002. SIGNED, SEALED AND DELIVERED In the presence of: (THE CORPORATION OF THE (TOWN OF TILLSONBURG w----... May , ry Horton (CA k, Dave Morris (DAVID RUSSEL LOCKHART (AMANDALEELOCKHART