THE CORPORATION oF THE CITY OF PORT COQUITLAM ( 0 UJ N (; [

MEMORANDUM OCT 17 1983

TO: &.R. Kirk , October lith, 1983
City Administrator

FROM: R.A. Freeman
City Clerk

SUBJECT: City Property For Sale.

RECOMMENDATION;

That Counci! give consideration to Passage of the resolutions
attached to this memorandum. ;

BACKGROUND AND COMMENTS:

In accordance with instructions received from Council! five
Separate City owned residential lots were

Way of a tender cal! closing at 12:00 noon on

6th, 1983, The fact that the

advertised extensively in

Vancouver Sun and a copy of

to each Real Estate Agent

Moody and District of Coquitiam

caiis.

HE RP Osage et

ERO RA COV IM HN Soin

oe om et etree

The properties placed for sale were:

2519 Davies Avenue Upset Price $30,000.00
2525 Davies Avenue Upset Price $30,000.00
‘678 Fraser Avenue Upset Price $39,000.00
1560 Manning Avenue Upset Price $42,000.00
1922 Mary Hil! Road Upset Price $35,000.00

Two bids were received for 2519 Davies Avenue; $31,345.93 and
$532,675.00.

One bid was received for 2525 Davies Avenue; $32,150.00.

One bid was received tor 1878 Fraser Avenue; $41,345.67.

of the resolutions attached to this memorandum would, if
passed by the Council, transter title to the three tots as
stated in the resolutions, The third resolution would instruct
the City Clerk's Office to bring to the attention of the
Counci! any offers received tor the two remaining properties

Two

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