BY-LAW NO. 1502 er AE A By-law to authorize the City co enter into Land Use Contract No. 21, WHEREAS the "City of Port Coquitlam Zoning By-law, 1969, No. 918" as amended designates certain areas of land within the zones set out therein as “Development Areas"; AND WHEREAS the lands hereinafter described are situate within an area so designated; AND WHEREAS the Owner of the said lands has made application for a Land Use Contract to authorize works, development, and use some aspects of which are not in conformity with the relevant City By-laws as the sane apply to the zone in which the said lands are situate; AND WHEREAS the Council has given due vegatd to the following censiderations: 1 (a) the promotion of health, safety, convenience and velfare of the public. (b) che prevention of the overcrowding of lend, and the preservation of the amenities particular to any zone, . {c) the securing of adequate light, air and access. (4) the value of the land and the nature of its present and prospective use and occupancy, (e) the character of each zone, the character of the buildings already eracted and the Peculiar suitability of the zone for particular (f) the conservation of property values, (a) the development of areas to Promote greater efficiency and (b) the impact of development on present and future public costs. (c) the betterment of the environment. (4) the fulfillment of community goals. (e) the provision of necessary public epace, and it is deemed desirable to enter into Land Use Contract No. 20 in the form and to the extent hereinafrer provided; kow THEREFORE the Municipal Council of The Corporation of the City ef Port Coquitlam, in open meeting assembled, enacts as follows: 1. The Council of The Corporation of the City of Port Coquitlam is hereby authorized and empowered to enter into a Land Use Contract with Pinto Estates Ltd., 725 Carnarvon Street, New Weatminster, B.C. Torino Enterpriscs Ltd., 725 Carnarvon Street, New Westminster, 8.C, Ernest Chorney, 14081 - 79th Avenue, Surrey, B.C. da the form and to the extent set forth in “Land Use Contract No. 2" which ts the Schedule hereto annexed and made part of this By-law, The said Land Use Contract No. 22 shall extend to and shall regulare the development and use of the lands described therein, 3. Land Use Contract No. 21 shall have the force and effect of a restrictive covenant running with the land described therein and shall be registered in the New Westminster Land Registry Office, be This By-law may be cited for all purposes as "Land Use Contract No, 21 Authotization By-law, 1977, No. 1502", Read a first tine by the Municipal Council this Thirty-firse day of January, 1977, Read a second time by the Municipal Council this Thirty-firse day of January, 1977, Public Heazing held this Fourteenth day of February, 1977. Received the approval of the Minister of Municipal Affairs and Housing this ANI rae cee REN PI rena, 1 RRR yee EN 5 pr ageetfire pet