Construction Licence Sample Contracts

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Construction Licence • May 5th, 2020 • Victoria
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APPENDIX “A” TERM SHEET
Construction Licence • June 27th, 2007

Construction Licence Easement Vendor: Ontario Realty Corporation (“ORC”) Ontario Realty Corporation (“ORC”) Licensee/Transferee: City of Toronto and the Toronto Transit Commission (“TTC”) City of Toronto and the Toronto Transit Commission (“TTC”) Purchase Price: Not to exceed $185,000.00 + realty taxes + GST Not to exceed $3,900,000.00 + GST- payable on the commencement date Location: Portion of the Finch Avenue Hydro Corridor (shown on Appendix “B”) Portion of the Finch Avenue Hydro Corridor (shown on Appendix “B”) Size: Approximately 2.96 acres Approximately 13.59 acres Commencement Date: September 1, 2007 September 1, 2007 Term: 15 monthsRenewal Option – month to month to a maximum of 9 months 10 yearsRenewal Option - 2 additional 5-years terms Use: Construction of a bus-only roadway Operation and maintenance of the bus- only roadway Indemnity: Licensee and Transferee to indemnify ORC and Hydro One Networks Inc. for all costs, claims, damages or injury to persons

DRAFT
Construction Licence • June 29th, 2023

MINISTER FOR INFRASTRUCTURE AND TRANSPORT a body corporate pursuant to the Administrative Arrangements Act, 1994 of 136 North Terrace, Adelaide, 5000, South Australia (“Minister”)

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