THE CORPORATION OF THE CITY OF PORT COQUITLAM

REAL PROPERTY FOR SALE BY TENDER

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The Corporation of the City of Port Coquitlam invites tenders for
purchase of the undernoted properties:

Lot 3, Block 27, District Lot 464, Group One, Plan 2286, New
Westminster District.

This property is located at 3126 Flint Street.
The property is zoned RM~1 (Low Density Apartment).

Tenders must be enclosed in a sealed envelope plainly marked on the
outside "Tender for 3126 Flint Street” and addressed to:

R.A. Freeman,

City Clerk,

City of Port Coquitlam,

Ste. No. 214, 2571 Shaughnessy Street,
Port Coquitlam, B.C.

and be in his hands by 12;00 o'clock noon, Thursday, May 26th, 1988. Any
tender received after this time will be returned unopened as will all tenders
inadvertently opened before the closing time as a result of not being
adequately marked on the outside of the sealed envelope as required.

Terms of Sale

1. A certified cheque in the amount of $2,000.00 must accompany each
tender as an irrevocable deposit.

26 Each tender will be open for acceptance by the Council for a period of
30 days from the closing time for receipt of tenders.

3. The highest or any tender will not necessarily be accepted and the
City reserves the right to waive minor deficiencies in a bonafide
tender received by the closing time.

4, Upon a tender being accepted by the Council the balance of the offered
price must be paid by the successful tenderer within 30 days of
acceptance or the deposit will be forfeited.

5. The certified cheques of the unsuccessful tenderers will be returned
no later than 30 days after the closing time for receipt of tenders
specified above.

6. Offers are to be made on a “lump sum" cash payment basis and no
conditional coffers will be accepted.

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