COU THE CORPORATION OF THE CITY OF PORT J BYLAW NO. 2797 AUG A Bylaw to authorize the Corporation of the City of Port Coquitlam to dispose of a portion of dedicated road in exchange for portions of land to be dedicated as road. Whereas the Corporation of the City of Port Coquitlam is desirous of cancelling a portion of road shown dedicated in the City of Port Coquitlam in the Province of British Columbia; Whereas the Registered Owner of the lands described in Section 2 of this Bylaw have agreed to convey land to the City in exchange so that it may be established as an addition to the roads in the City; And Whereas the "Municipal Act" being Chapter 290 of the Revised Statutes of British Columbia, 1979, provides that the Council may by Bylaw dispose of any portion of a highway in exchange for such lands as may be necessary for the purpose of improving, widening, straightening, relocating 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. This Bylaw may be cited for all purposes as the "Ottawa Street/Lougheed Highway Road Exchange Bylaw, 1993, No. 2797". The Corporation of the City of Port Coquitlam is hereby authorized to convey to the Registered Owner of Rem. 26, Plan 4318: a.) a652 m2 portion of road dedicated by Plan 2354, identified as Parcel] "6" and shown hatched on a plan certified by Walter E. Frith, British Columbia Land Surveyor, dated the 6th day of April, 1993; a .201 ha portion of road dedicated by Plan 2354, identified as Parcel "7" and shown hatched on a plan certified by Walter E. Frith, British Columbia Land Surveyor, dated the 6th day of April, 1993. a 487 m@ portion of road dedicated by Plan 2354, identified as Parcel "8" and shown hatched on a plan certified by Walter E. Frith, British Columbia Land Surveyor, dated the 6th day of April. 1993. in New Westminster District, at or for the price or sum of $48,328.52 and in exchange for those certain parcels or tracts of land described in the next Section hereof. The Corporatien of the City of Port Coquitlam is hereby authorized to dedicate: a.) a530 m2 portion of Rem. 26, Plan 4318 identified as Parcel "1" and shown within the bold outline on a plan certified by Walter E. Frith, British Columbia Land Surveyor, dated the 6th day of April, 1993; a 527 m2 portion of Rem. 26, Plan 4318 identified as Parcel "2" and shown within the bold outline on a plan certified by Walter E. Frith, British Columbia Land Surveyor, dated the 6th day of April, 1993; ITEM | PA 2797 1 | 9 1L9 FIERA, ABADI U'. 12 1993 ~ 03 1993 rte sow bead