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2002-023 To Authorize the Execution of a Pre-Service Agreement (Laurel View Homes (HV)Inc.) I \, 'd. . ,Ii. f . ... ~ .I .. e THE CORPORATION OF THE TOWNSHIP OF ORO-MEDONTE BY-LAW NO. 2002-023 Being a By-law to Authorize the Execution of a Pre-Service Agreement (Laurel View Homes (HV) Inc.) WHEREAS Section 51, Subsection (26) of the Planning Act, RS.O. 1990, Chapter P.13, as amended, provides that municipalities may enter into agreements imposed as a condition to the approval of a plan of subdivision and such agreements may be registered against the land to which the subdivision plan applies; AND WHEREAS, pursuant to By-law #97-86 of the Township of Oro-Medonte, it is deemed desirable for the Township to enter into a Pre-Service Agreement with the Owner (Laurel View Homes (HV) Inc.), Parcel 2-9, Section 51-0ro-4 (former Township of Oro), Being all of PIN #74055-0119(Lt), County of Simcoe (Phase' of Horeshoe Adult Lifestyle Community); . NOW THEREFORE the Council of the Township of Oro-Medonte hereby enacts as follows: 1. That the Mayor and Clerk are hereby authorized to execute, on behalf of the Township of Oro-Medonte, a Pre-Service Agreement, a copy of which is attached hereto and forms part of this By-law as Schedule 'A'. 2. That the Municipality shall be entitled to enforce the provisions of the Pre- Service Agreement against the owners. 3. That this By-Law shall come into force and take effect on the final passing thereof. By-Law read a first and second time this 20th day of March, 2002. e By-Law read a third time and finally passed this 20th day ofMa::t'.ch, 2002. THE CORPORATION OF THE TOWNSHIP OF ORO-MEDONTE e . ..11" t e e e e Schedule 'A' to By-law No. 2002-023 PRE-SERVICING AGREEMENT - between - LAUREL VIEW HOMES (HV) INC. - and - THE CORPORATION OF THE TOWNSHIP OF ORO - MEDONTE December, 2001 By-Law No. DESCRIPTION OF LANDS Parcel 2-9, Section 51-0ro-4 (Former Township of Oro), Being all of PIN #74055-0119 (Lt) TOWNSHIP OF ORO-MEDONTE COUNTY OF SIMCOE ,., , e e e .. \ PRE-SERVICING AGREEMENT THIS AGREEMENT MADE BETWEEN: The Corporation of the Township of Oro-Medonte e (hereinafter called the "Township") - and - Laurel View Homes (HV) Inc. (hereinafter called the "Developer") WHEREAS the Developer is the registered owner of the lands described in Schedule "A" attached (the "Subdivision Lands"); AND WHEREAS the Developer desires to commence installing municipal services with the Subdivision Lands prior to the registration of the Plan of Subdivision and the execution of the Subdivision Agreement with the Township; NOW THEREFORE THE PARTIES HERETO AGREE AS FOLLOWS: 1. ASSUMPTION OF RISK BY DEVELOPER 1.1 The Developer agrees to assume all risk in commencing installation of Township services on the Subdivision Lands, prior to the execution of a Subdivision Agreement with the Township, and the registration of the Plan of Subdivision. The Developer hereby releases the Township, its agents, servants and employees from and against all actions, suits, claims and demands whatsoever which may arise either directly or indirectly as a result of the installation of Township services by the Developer. 1.2 The Developer acknowledges and agrees that, in the event that a Subdivision Agreement with the Township is not finalized for any reason and the Plan of Subdivision is not registered as a result, pre-servicing of the Subdivision Lands shall cease immediately. 1.3 The Developer acknowledges and agrees that engineering design plans and specification for the Township services to be installed by the Developer, as submitted to the Township, in accordance with the terms of this Agreement, may require further amendment as a result of requirements imposed by the Township under the terms of the Subdivision Agreement to be entered into for the Subdivision Lands. The Developer covenants and agrees to assume all risk and responsibility for the cost of required revisions to the engineering design drawings and specifications for the Township services, together with the costs of modifying, reconstructing, removing and/or replacing the Township services installed by the Developer pursuant to the terms of this Agreement, in order to satisfy the requirements finally imposed by the Township at the time that the Subdivision Agreement is entered into. 1.4 The Developer acknowledges and agrees this approval relates only to the installation of the following Township services: 1. Rough grading, as per limits shown on URS Cole Sherman Grading Plans L 1 and L2 dated October, 2001. 1.5 The Developer acknowledges and agrees that no work shall be carried out on any existing Township right-of-way, and that there shall be no connection to services on any Township right-of-way. 2 ,. 4- .' 1.6 The Developer acknowledges and agrees that no work shall be carried out on lands not owned by the Developer, without the written consent of the owner to be filed with and approved by the Township. 1.7 The Developer acknowledges and agrees that all Servicing Plans must comply e with Federal, Provincial and Township provisions. 2. REQUIREMENTS PRIOR TO THE COMMENCEMENT OF WORK 2.1 The Developer agrees to submit the following to the Township, in a form satisfactory to the Township, prior to the commencement of the installation of Township services on the Subdivision Lands: a) A letter from a qualified Engineer experienced in the field of Township services confirming: 1. Retainer - That their firm has been retained by the Developers to act as Consulting Engineers for Laurel View Homes (HV) Inc.; 2. Terms of Retainer - The terms of their retainer with the Developer as follows: e a) Plans and Specifications - Prepare plans and specifications for the construction of Township services; b) Cost Estimates - Prepare cost estimates for the Township services to be constructed from the drawings; c) Approvals - Obtain all necessary approvals to construct; d) Co-ordination - Co-ordinate the installation of Township services to avoid conflicts with regard to telephone, cable T.V. and Township services; e) On-Site Inspections - Ensure that all on-site inspections of Township service installations are conducted by the Developer's Consulting Engineers at all times during construction; f) As Constructed Drawings - Submit certified "as-constructed" drawings after acceptance of the Township services; e g) Change in Retainer - If, at any time during the project: i) the terms of their retainer are changed by the Developer, or; ii) if they become aware that they will not be able to provide "as constructed" drawings, they will notify the Township within twenty-four (24) hours; h) Erosion and Siltation Control - Ensure all necessary precautions are taken to prevent erosion and sedimentation of sewers, ditches, culverts, slopes, etc., both within the subdivision and downstream, prior to and during construction. b) Confirmation letters are to be filed with the Township Clerk, confirming the following: 1) the Township Engineer has no objection to the pre-servicing; 2) the Planning Department has no objection to the pre-servicing; 3) the Township Solicitors have no legal objections to the pre-servicing. e c) Payment of cash or certified cheque required to cover the cost of the Township's lawyer and planner, for all costs involved in processing the Pre- Servicing Agreement, and for all the Township's Engineers for checking of plans, specifications and inspection on behalf of the Township for the sum of 3 " , , . ~ ,t, . .. e Five Thousand Five Hundred Dollars ($5,500.00). As accounts are received from the Township planner, lawyer, and engineer, they will be paid by the Township and then submitted to the developer for reimbursement within thirty (30) days. In the event that the deposit is drawn down to a level of Two Thousand Five Hundred Dollars ($2,500.00) or less, and the Developer does not pay the accounts within thirty (30) days, it is hereby understood and agreed that the Developer is in default of this Agreement and all work must cease. d) A Letter of Credit, as per Schedule "C", in the amount set out in Schedule "8", attached, as security to ensure the due completion of the Township services to be constructed by the Developer, and as security to be held by the Township for the warranty periods to be more particularly described in the Subdivision Agreement for the Subdivision Lands. The said Letter of Credit shall provide that if in the sole opinion of the Township default under the terms of this Agreement has taken place, the said Letter of Credit may thereupon be drawn upon in whole or in part. e) A certified copy of an insurance policy, or a certificate of insurance, confirming comprehensive general liability in the amount of Five Million Dollars ($5,000,000.00), naming the Township as co-insured, and containing the following additional provisions or endorsements: e 1) Products/Completed Operations provisions; 2) Cross-liability clause; 3) Blasting included, only if done by independent contractor; 4) Notice of Cancellation - a provision that the insurance company agrees to notify the Township within fifteen (15) days, in advance, of any cancellation or expiry of the said Insurance Policy. f) All Servicing Plans shall be submitted to and accepted by the Township Engineer. g) The Ministry of the Environment and Energy have given technical approval to the Servicing Plans. 3. INSPECTION BY THE TOWNSHIP e 3.1 The Developer agrees to permit unrestricted access to the Subdivision Lands to the Township and its agents for the purpose of inspection of the Township services to be installed by the Developer. Notwithstanding that inspections may be conducted by the Township or its agents, the Developer shall bear sole responsibility for the soundness of the engineering design of the Township services, and for ensuring that the Township services to be installed will function, as intended, and will be compatible with the final Plan of Subdivision when and if such Plan of Subdivision is approved. 3.2 If, in the opinion of the Township, there is an emergency situation as a result of any work undertaken by the Developer or its servants, or agents, which requires immediate attention to avoid damage to private or public property or services owned by the Township or to eliminate a potential hazard to persons, such work may be done immediately by the Township at the expense of the Developer, but notice shall be given to the Developer at the earliest possible time. 4. APPLICATION OF SECURITY e 4.1 In the event of default by the Developer under the terms of this Agreement, or if the Township is required to enter onto the Subdivision Lands or the abutting Township lands to conduct any work on the Township services or the connection of the Township services to facilities due to an emergency, the Township shall be entitled to draw upon the security posted by the Developer pursuant to the terms of this Agreement, in whole or in part, to cover the costs incurred by the 4 " , e Township in remedying the default on the part of the Developer, or in addressing the emergency situation. 5. NO REDUCTION OF SECURITY 5.1 The Developer acknowledges and agrees that no reduction in the amount of security filed by the Developer with the Township, in accordance with the terms of this Agreement, shall be permitted until such time as the Developer has entered into the Subdivision Agreement for the Subdivision Lands with the Township. Thereafter, any reductions in the security posted by the Developer shall be completed in accordance with the terms of the said Subdivision Agreement. 6. NO ASSUMPTION OF TOWNSHIP SERVICES 6.1 The Developer acknowledges and agrees that the Township shall not be required to assume the Township services to be constructed by the Developer pursuant to the terms of this Agreement, until such time as the Developer has entered into a Subdivision Agreement with the Township for the Subdivision Lands, and the Township services have been completed, inspected, and approved. 7. NOTICE e 7.1 Any notice required to be given pursuant to this Agreement may be given by prepaid registered post to the Developer at the following address: Laurel View Homes (HV) Inc. 4001 Chesswood Drive NORTH YORK, Ontario M3J 2R8 and such notice shall be deemed to have been given and received on the third day after mailing. 8. NO ASSIGNMENT 8.1 The Developer shall not assign or otherwise transfer the benefit of this Agreement without the written consent of the Township, which may be unreasonably withheld. e IN WITNESS WHEREOF the Developer h.ap hereunto set its hands and seals this day ofF r' ,~ 'r L,urel View Homes (HV) Inc. Jerry Leiderman HAS THE AUTHORITY TO BIND THE CORPORATION IN WITNESS WHEREOF the Township has hereunto sets its hands and seals thiSclo day ,2001. THE CORPORATION OF THE TOWNSHIP OF ORO-MEDONTE e Per: 5 Per: la~~Q~~~Q~ J. Neil Craig, Acting Mayor Marilyn Pennycook, Clerk e e e e SCHEDULE "A" DESCRIPTION OF LANDS Parcel 2-9, Section 51-0ro-4, (former Township of Oro), being all of PIN #74055-0119 (Lt), Township of Oro-Medonte, County of Simcoe. 6 e e e tit " ,... t SCHEDULE "B" CASH DEPOSITS TO BE FILED WITH THE TOWNSHIP 1. Siltation control or any other works that may be performed by or for the Township of Oro-Medonte, off-site, resulting from work performed under the Pre-Servicing Agreement TOTAL CASH DEPOSITS TO THE TOWNSHIP SECURITY TO BE DEPOSITED WITH THE TOWNSHIP 7 $ 20,000.00 $ 20,000.00 $ 20,000.00 """ 1"":1 , " . ". . ,. ~ ROYAL BANK U RI I L e PAGE: 1 INT'L TRADE CENTRE - ONTARIO 180 WELLINGTON ST W., 9TH FLOOR, TORONTO, ONTARIO, M5J 1J1 CANADA DATE OF ISSUE: FEBRUARY 28, 2002 OUR REFERENCE NUMBER: P166284T07512 DATE OF EXPIRY: FEBRUARY 27, 2003 PLACE OF EXPIRY: TORONTO, ONTARIO BENEFICIARY: THE CORPORATION OF THE TOWNSHIP OF ORO-MEDONTE p.. BOX 100 0"" ONTARIO LOL 2X6 APPLICANT: LAUREL VIEW HOMES (HV) INC. 4001 CHESSWOOD DRIVE NORTH YORK, ONTARIO M3J 2R8 AMOUNT: CAD 20,000.00 TWENTY THOUSAND AND 00/100' S CANADIAN DOLLARS IRREVOCABLE STANDBY LETTER OF CREDIT NO. P166284T07512. WE HEREBY AUTHORIZE YOU TO DRAW ON ROYAL BANK OF CANADA, INTERNATIONAL TRADE CENTRE-ONTARIO, 180 WELLINGTON STREET WEST, TORONTO, ONTARIO, M5J 1J1, FOR THE ACCOUNT OF LAUREL VIEW HOMES (HV) INC., UP TO AN AGGREGATE AMOUNT OF TWENTY THOUSAND AND 00/100'S, CANADIAN DOLLARS (CAD.20,000.00) AVAILABLE ON DEMAND. PURSUANT TO THE REQUEST OF OUR CUSTOMER, THE SAID LAUREL VIEW HOMES (HV) INC., WE, ROYAL BANK OF CANADA, INTERNATIONAL TRADE CENTRE-ONTARIO, 180 WELLINGTON STREET WEST, TORONTO, ONTARIO M5J 1J1, HEREBY ESTABLISH AND GIVE YOU AN IRREVOCABLE LETTER OF CREDIT IN YOUR FAVOUR IN THE TOTAL AMOUNT OF CAD.20,000.OO ~CH MAY BE DRAWN ON BY YOU AT ANY TIME AND FROM TIME TO TIME UPON WRITTEN ~ FOR PAYMENT MADE UPON US BY YOU WHICH DEMAND WE SHALL HONOUR WITHOUT If II" " , ,,( ~. \ 11' ~ .,. ~ ROYAL BANK e1 ORIGINAL e P166284T07512 PAGE: 2 ENQUIRING WHETHER YOU HAVE A RIGHT AS BETWEEN YOURSELF AND OUR SAID CUSTOMER TO MAKE SUCH DEMAND, AND WITHOUT RECOGNIZING ANY CLAIM OF OUR SAID CUSTOMER OR OBJECTION BY THEM TO PAYMENT BY US. DEMAND SHALL BE BY WAY OF A LETTER SIGNED BY AN AUTHORIZED SIGNING OFFICER OF THE CORPORATION OF THE TOWNSHIP OF ORO-MEDONTE. THE ORIGINAL LETTER OF CREDIT MUST BE PRESENTED TO US AT ROYAL BANK OF CANADA, INTERNATIONAL TRADE CENTRE-ONTARIO, 180 WELLINGTON STREET WEST, TORONTO, ONTARIO M5J IJ1. THE LETTER OF CREDIT, WE UNDERSTAND, RELATES TO A SUBDIVISION AGREEMENT BETWEEN OUR SAID CUSTOMER AND THE CORPORATION OF THE TOWNSHIP OF ORO-MEDONTE, WITH MORTGAGE COMPANY AS A THIRD PARTY, REGARDING SUBDIVISION OF LANDSCAPES AT HORSESHOE, HIGHLAND DRIVE AND ORO 3RD LINE. THE AMOUNT OF THIS STANDBY LETTER OF CREDIT MAY BE REDUCED FROM TIME TO TIME AS ADVISED BY NOTICE IN WRITING, GIVEN TO US BY AN AUTHORIZED SIGNING OFFICER OF THE CORPORATION OF THE TOWNSHIP OF ORO-MEDONTE. PARTIAL DRAWINGS ARE PERMITTED. WE HEREBY AGREE THAT PARTIAL DRAWINGS UNDER THIS LtlfER OF CREDIT WILL BE DULY HONOURED UPON DEMAND. THIS LETTER OF CREDIT WILL CONTINUE IN FORCE FOR A PERIOD OF ONE YEAR, BUT SHALL BE SUBJECT TO THE CONDITION HEREINAFTER SET FORTH. IT IS A CONDITION OF THIS LETTER OF CREDIT THAT IT SHALL BE DEEMED TO BE AUTOMATICALLY EXTENDED WITHOUT AMENDMENT FROM YEAR TO YEAR, FROM THE PRESENT OR ANY FUTURE EXPIRATION DATE HEREOF, UNLESS AT LEAST THIRTY (30) DAYS PRIOR TO THE PRESENT, OR ANY FUTURE EXPIRATION DATE, WE NOTIFY YOU IN WRITING BY REGISTERED MAIL OR COURIER THAT WE ELECT NOT TO CONSIDER THIS LETTER OF CREDIT TO BE RENEWABLE FOR ANY ADDITIONAL PERIOD. EXCEPT AS OTHERWISE EXPRESSLY STATED THIS CREDIT IS ISSUED SUBJECT TO UNIFORM CUSTOMS AND PRACTICE FOR DOCUMENTARY CREDITS, (1993 REVISION), ICC PUBLICATION NO. 500. WE ENGAGE TO HONOUR PRESENTATIONS SUBMITTED WITHIN THE TERMS AND CONDITIONS INDICATED ABOVE. e 1I j, v , ., ,.... ...... ,. " . IJ ROYAL BANK I IN L e _:~ ;~~~CA~ JlWH RIZED SIGNATURE THIS DOCUMENT CONSISTS OF 3 e e \ '. P166284T07512 PAGE: 3 JI\ ',. L~ --- j;;;,;;-~:i~~------ JIAU 1+ WONG] PAGE (S) . ~ ProvinL'~ .0; m. ""'_. 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