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3418 To authorize amend by-law 3276 being an agreement with The Tillsonburg Golf and _ Country Club for the leasing of land. _THE CORPORATION OF THE TOWN OF TILLSONBURG BY-LAW NUMBER 3418 A BY-LAW to authorize amend by-law 3276 being an agreement with The Tillsonburg Golf and Country Club for the leasing of land. WHEREAS The Town of Tillsonburg is desirous of amending by-law 3276 being a lease agreement with the Tillsonburg Golf and Country Club.; THEREFORE the Council of the Town of Tillsonburg enacts as follows: I THAT By-law Number 3276 is hereby amended by replacing Schedule C and Schedule G with the Schedules attached hereto. READ A FIRST AND SECOND TIME THIS 26" DAY OF April, 2010. READ A THIRD AND FINAL MAYOR -Stephen Molnar CLERK -Michael Graves TIME AND PASSED THIS 26th DAY OF April, 20100 Q) R I, j rl*l vrr O cn w N N r -I wllzt m W' M O ocOcutll Ln M rH 0 m W Lnocn M Ln O W Ln p r*- t\ cn 70 4-,a) M n M O am W r -I M r\ M M O M oo 0 cr Ln 6 0 n O r r 0 C: Q 0 O 0 O Ln 0)\ q:zjl CD r Til Zt Ln Rt N r -i CJ m W M t\ M m O l0 t\ W M r -i r -I r -i E Op0 0 Lcn 0 I E M Q m ca Q C: 0 ov i U- E 0 o 0 OQ a) 0 0 s3=3 4-1 L11o cn m a cn m a) o cn CD al C 1 M c) O m a) m m m m O m m m m m m m mMo Ln 4r U E a),0 r- ca 110 0 10 ILD 1.0 0 0 0 a) 0 0 ch 0 E m4- O 0 L C: 0 C- m 0 o O 4=M CU>% cn m O O E Q- a) J C! 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M O Ln M M M N r-Iftk r -i Ln N. o0 W M d 0d' r -i W N t\ M 0 In n Ln t r M l0 N W M O O O r-4 M N W N ft r M 0 t Ln to M M M M M M M M M M N N N N N N 0 N N N N N N N N N N 0 0 r -i r -I r -I r -i r1 r -i M M M M M M M M M M 0 0 0 0 0 0 0 r -I rH r -i r -i r -I r -i r -I rH r -i r -IQ N lD N t0 N 0 N lD N t0 N l0 N t0 r -i 0 r -i 0 r -I l0 r -i O r -I 0 r -I t0 r -I l0 r -I O r -i l0 r' -i* O m 0 r -I N M S Ln 0 r w m 0 r -i N M O r -I r -i r -I r-) r -I r -i r -I r -i r -I r -i N N N N N O O O O O O O O O O O O O O O O N N N N N N N N N N N N N N N N L 4--j E O r -i N M 1,0 rH N M t Ln l0 t\ W M r -i r -I r -i r -i r --I c a CL qt* rt m m m U') m 0 rH 00 CT) a) C) r14 0 Z 00 qc::I- Lr) 6 06 r-_* Lr)' Y)* 6 M' 6 t-6 rn rll*- --I r -I rl%l 0 3) M 0 N 0 r\ 00 0) m Lf) Lr) r -I r - Lr) .r r1r) 4 0) 00 cr) CF) 00 0 m m Y) ry) r4 N rf) qzll m r14 rH 0 R:zr rl Z R-1- r --i 0 rH 4r -T Ln m m rH i rzi R:zl- czr I- R4 4 o6 rH* 0 o D 0 D 0 19* to m m r-- m Z cr) Im cr) cr) 0) a) CY) a) 0) m o o m m m m rH 0 R:zr rl Z R-1- r --i 0 rH 4r -T Ln m m rH rl- r, Lt R4 4 o6 rH* 4 6 r -i m Tzr 19* Ln m m r-- m Z N m o o m m m m r,j r-4 r-4 r -j c-4 rH r-4 cf) m qzl" qzt llzt cv rH rH rH cc 0 m 0 0 0 Ln C- C: 4 (N r,4 0 E m C: 0 00 V) r"4 rn 11 Ln Ln (.0 r-_ 00 m 0 r4 m W W N (1114 N N NM m M m 4- 0 0 0 0 0 0 0 0 CD 4-0 Ln rq N r4 Ncar N N N r4 Nx j M X w O C C 04-J O C: 0 0 4-J 0 r--. 00 a) 0 r --1N mLn CL L- CL UO r -i rH r -I N rJ r4 r*4 r4 r*4 m 0 0 O E Q t O Ln lD m r1 0 0 0 0 0 0 0 0 0 0 w d• O Ln ri O ZT cl 00 r4 Ln m 00 Ql M ri M N N m m c -i m E O r --.Ln N r w Ln Ln m N Me I t\ m Ln m r w O O O O O O O O co lqt Ln R* m O D E Q1 00 tD l0 N CU a N Ln N mI- o o rn O Ln 4-- a O 0 V) 0 0 0 0 0 0 0 NC m Ln m 00 r -i m N m Ln O O 0 0 0 0 0 rH O O O O O O O O O p r- I rn O o 0> ft, o 00 r i m m Ln m lD ILD Ln DO-% ft. O O O Oft. ri Ln N e -I O Ql 00 r D Ln 0 o (D Ln d• t t m m m m m C: z D a) Q N O O cJ N 0 O O O O O Ln 00 00 00 O D Rt r -I r-- Uid) 0 0 0 0 0 t\ O m t\ r -i T-+ rn et r N O O O O O 00 6 O 4 rn o0 Ln N D N O V O O O O O O o O 0 O 0 m N 00 O Ln N Cl- d' m r\ N m r -i N t 0 r- m Ln Ln Ln Ln Ln m M M m M m m m N EOtt5 O D cn O AN 0 0 0 0 0 0 0 0 C.) 0 0 0 0 0 0 0 0 0 0 w 0 m 0 rH qrlr rn m Ln Ln m (10 0 k -D r -I Ln O r -i t.6 r oo m r -i rH W 0 r-4 M Ln M O r4 t -C M M CC UO I -,t M r4 rH 0 N r14 r-4 rJ N N rn qtzl- 'rt CT) ro cy) D Lr) cy) 0 0 00 CJl 01 Cn N 6 o6 r--,- Ln M l6 Cn C5 t-6 r%,, r -i r -i r,, o a) m 3 r%4 0 rll 00 m rr) Ln Ul) I 1 Ln Rt m r%4 1 a) oo c) c) oo 0 ro ro m ro N r,4 m r-.4 0 0 w 0 m 0 rH qrlr rn m Ln Ln m (10 0 k -D r -I Ln O r -i t.6 r oo m r -i rH W 0 r-4 M Ln M O r4 t -C M M CC UO I -,t M r4 rH 0 N r14 r-4 rJ N N rn qtzl- 'rt SCHEDULE "G" The Parties agree that during the Term the Lessee shall lease to purchase the Adjacent Land in accordance with this Schedule and Section S(7). The Parties agree that the Adjacent Land is the land described in Schedule "F" and consists of approximately 66 acres. The Parties agree to enter into an addendum to this Lease (the "Addendum Lease") whereby the Lessee shall lease to purchase the Adjacent Land. The Addendum Lease shall contain similar terms as this Lease with the exception of Term and Rent. The term shall be for ten (10) years and commence no later than October 31, 2007. Rent shall be 1.00 per year. At the end of the term of the Addendum Lease the Parties shall enter into a standard Agreement of Purchase and Sale whereby the Lessee shall purchase the Premises based upon $3500 per acre for 42 acres and $12,000 per acre for 10 acres for a total purchase price of $267,000. This reflects the approximation of usable land of the ANSI area south of the train tracks. Provided that the purchase of the Adjacent Lands occurs no later than December 31, 2017 then the purchase price shall not be indexed annually by the Consumer Price Index or otherwise altered in any manner. G.S.T., if applicable, shall be in addition to the purchase price. Closing shall occur no later than 60 days of the end of the Term Closing shall occur no later than 60 days from the end of the term of the Addendum Lease. Between the end of the term of the Addendum Lease and closing the risk of the Premises shall be with the Lessee and the terms and conditions of this Lease shall continue with the exception that no monthly rent shall be payable. The Lessee shall purchase the Premises in an "as is" and "where is" condition. The Lessee shall not call on the Lessor to perform any work or fulfill any warranties or undertakings whatsoever or remedy any fault, problem or defect in the title or condition of the Premises