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THE CORPORATION OF THE CITY OF PORT COQUITLAM

LAND USE CONTRACT

THIS AGREEMENT made the "day of

BETWEEN :
THE CORPORATION OF THE CITY OF PORT COQUITLAM
(hereinafter called the Municipality")

OF THE FIRST PART:

A & N CONSTRUCTION LID., A Company incorporated
pursuant to the laws of the Province of British
Columbia, and having offices at 2000 Orland Drive,
Coquitlam, Province of British Columbia

(hereinafter called the "Developer'’)

OF THE SECOND PART:

WHEREAS the Hunicipality, pursuant to Section 702A of the "Municipal

Act", may, notwithstanding any By-law of the Municipality, or Section 712 or”
713 of the "Municipal Act" upon the application of an owner of land, within a
development area designated as such by By-law of the Municipality, enter into
a Land Use Contract containing such terms and conditions for the use and
development of the land as may be mutually agreed upon and thereafter the use
and develepment of that land shall, be in accordance with such Land Use Contract;
AND WHEREAS the “Municipal Act" requires that the Municipal Council,
in exercising the powers given by Section 702A, shall have due regard to the
considerations set out in Section 702(2) and Section 702A (1) in arriving at the
use and development permitted by any land development ‘Contract and the terms,
conditions and considerations thereof;
AND_WIEREAS the Developer has presented to the Municipality a scheme
of use and development of the within described lands and premises and has made
application to the Municipality to enter into this Land Use Contract under the
terms, conditions and for the consideration hereinafter ser forth; .
AND WHEREAS the Council of the Municipality, having given due regard
to the considerations set forth in Sections 702(2) and 702A(1) of the "Municipal

Act", and the Port Coquitlam Official Community Plans, has agreed to the terms,

conditions and consideration herein contained ;