THE CORPORATION OF TILK CITY OF PORT ca (ue( U NM BY-LAW NO, 1593 APR - 3 1978 A By-law to authorize The Corporation of the City of Port Coquitlam to dispose of a portion o£ Road shown dedicated in Block 4, Southeast Quarter, Section 7, Township 40, Plan 2417, New Westminster District in exchange for sufficient land to re-locate the said road. WHEREAS The Corporation of the City of Port Coquitlam is desirous of cancelling a portion of Road shown dedicated in Block 4, Southeast Quarter Section 7, Township 40, Plan 2417, New Westminster District in the City of Port Coquitlam, in the Province of British Columbia; AND WHEREAS the Registered Owner of the land described in Section 2 of the By-law has agreed to convey the said land to the City in exchange for the lands comprising the portion ©1 Road shown dedicated in Block 4, Southeast Quarter, Section 7, Township 40, Plan 2417, New Westminster District, to be cancelled; AND WHEREAS the “Municipal Act" being Chapter 255 of the Revised Statutes of British Columbia, 1960, provides that tne Council may by By- law dispose of any portion of a highway in exchange for such lands as may be necessary for the purpose of improving, widening, straightening, re-locating or diverting the highway; NOW THEREFORE the Municipal Council of The Corporation of the City of Port Coquitlam, in open meeting assembled, enacts as follows: 1. The Corporation of the City of Port Coquitlam is hereby authorized to convey to the Registered Owner of the land described in Section 2 of this By-law, ALL AND SINGULAR that certain parcel or tract of land and premises which may be more particularly described as follows: All that portion of road in Block 4, South East One Quarter Section 7, Township 40, New Westminster District as shown dedicated on Registered Plan 2417, included within the green outline on a bylaw plan sworn by Allan Olsen, B.C.L.S. and dated the 23rd day of March 1978, a copy of which is attached hereto at or for the price or sum of One Dollar ($1.00) and in exchange for those certain parcels or tracts of land described in the next Section hereof, Vore: Avaclabll or Finsr Tunee Reanmes CITY Coen