THE CORPORATION OF THE CITY OF PORT COQUITLAM

REAL PROPERTY FOR SALE BY TENDER

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

Lot 3, Block 13-15, District Lot 232, Group One, Plan 1932, New Westminster
District, Port Coquitlam, B.C.

This property is located at 1488 Pitt River Road.

This property is presently zoned RS-1.

Tenders must be enclosed in a sealed envelope plainly marked on the outside
"Tender for 1488 Pitt River Road" and addressed to:

R.A. Freeman,

City Clerk,

City of Port Coquitiam,
2272 McAllister Avenue,
Port Coquitiam, B.C.

and be in kis hands by 12:00 ofclock noon, Thursday, October 2nd, 1986. Any tender
received after this time will be returned unopened as wil! 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 10% of the amount offered must accompany each

tender as a deposit and each tender wil! be open for acceptance by the Counci! for
a period of 30 days. Upon a tender being accepted by the Council the balance of
the offered price must be paid by the successful tenderer within 30 days or as
soon thereafter as requested or the deposit wil! be forfeited. .

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

No real estate commission of any kind whatsoever wil! be paid by the City.

Utility services are available. Exact “details may be obtained from the
City's Engineering Department.

Further information may be obtained from the undersigned.

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

7. The lowest price that will be accepted for the property ts $30,000.00.

City Hail,
Port Coquitiam, B.C.
September 9th, 1986.

R.A. Freeman,
City Clerk.

*MUN.700(17.2) P72