3632 Schedule _A_ Amendment to Lease Agreement - J.H Roddick and Jill Y. RoddickTHE CORPORATION OF THE TOWN OF TILLSONBURG BY-LAW NUMBER 3632 A BY-LAW TO AUTHORIZE AN AGREEMENT BETWEEN THE CORPORATION OF THE TOWN OF TILLSONBURG AND J.H. Roddick and Jill V. Roddick WHEREAS the Corporation of the Town of Tillson burg deems it necessary and expedient to enter into an agreement with J.H. Roddick and Jill Y. Roddick; THEREFORE the Council of the Town ofTillsonburg enacts as follows: 1. THAT the Agreement attached hereto as Schedule "A" forms part oft his by-law; 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 ofTillsonburg. This By-Law shall come into force and take effect immediately after the final passing hereof. READ A FIRST AND SECOND TIME THIS 9"' day of July, 2012. READ A THIRD AND FINAL TIME AND PASSED THIS gth day of July, 2012. CLERK-Donna Wilson
> • WHEREAS AMENDMENTTOLEASEAGREEMENT Made this /o fi] of _.,.<J"-'u"'-'-=+Y----' 2012 BETWEEN THE CORPORATION OF THE TOWN OF TILLSON BURG (hereinafter referred to as the "Lessor") -and-J.H.Roddick and Jill Y. Roddick (hereinafter referred to as the "Lessee") The Lessor and Lessee entered into a Lease Agreement dated the 2oth day of July, 2006 (the "Lease"), concerning the property legally described as Part of Lots 4, 5, 6 and 7 in the Township of South West Oxford, County of Oxford, Province of Ontario (the "Property") as more particularly described in the aforementioned Lease. Contained on the Property is an airport (the "Airport"), agricultural lands and buildings ancillary to the use of the Airport. The Lessee and Lessor agree to amend the aforementioned Lease pursuant to this agreement (the "Amendment to Lease"): In consideration for the covenants, payments and promises contained in the Lease and for the sum of $2. 00, the receipt and sufficiency of such is hereby acknowledged and for the covenants, promises and payments contained herein, the Parties agree to amend the Lease as follows: 1. Contained in Preamble of the Lease, the Lessee was to lease from the Lessor a portion of the Property being 56 feet by 100 feet for a total area of 5,600 square feet (the "Premises"). The Parties agree that the Lease is hereby amended so that the Lessee shall lease a portion of the Property being 44 feet by 88 feet for a total area of 3,872 square feet of Hanger 5, and more particularly described as Hanger Number 5 North, (the "Premises") with the lease rate being adjusted accordingly. 2. That Schedule 'A' attached hereto, being a drawing of the airport ancillary buildings on the airport property, shall form part of the lease. 3. That Paragraph 2 (4) (c) be revised from paying $100 annually to $25 annually. 4. The Parties agree that subject to the terms of this Amendment to Lease that all other Terms and Conditions in the Lease are in full force and effect and that unless specified in this Amendment to Lease then all terms of the Lease shall be unaltered. In Witness of the foregoing covenants the Lessor and the Lessee have executed this Lease. The Corporation of the Town of Tillson burg I have authority to bind the Corporation. ~= Lessor Donna Wilson, Clerk The Corporation ofthe Town of Tillson burg I have authority to bind the Corporation. dick authority to bind the Corporation *4~ ~dick I have authority to bind the Corporation
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