2. . The Corporation of the City of Pert Coquitlam is hereby authorized ‘to purchase of and from the Registered Owner thereof ALL AND SINGULAR those certain parcels or tracts of land and premises which may be more particularly described as follows: All that portion of Lot 77, Block F of the Southeast Quarter, Section 7, Township 40, New Westminster District as shown on Registered Plan 20920 included within the red outline on By-law Plan prepared and sworn by Vernon C. Goudal, British Columbia Land Surveyor,and dated the 6th day of September, 1979, a copy of which is attached hereto . at or for the price or ‘sum ef One Dollar ($1.00) and in exchange for that certain parcel or tract of land described in the preceding Section hereof. 3. That portion of road shown dedicated in the Southeast Quarter of Section 7, Township 40, Plan 2417, New Westminster District outlined in. green on the said plan of Vernon C. Goudal, B.C.L.S. is hereby closed and stopped ‘up to traffic of all kinds. 4. The said lands to be so purchased as aforesaid shall, wheii £0 conveyed to the said City, be established as an addition to the roads in the Southeast Quarter, Section 7, Township 40, New Westminster District. ’ ‘ 5. The Mayor and City Clerk of The Corporation of the City of Port Coquitlam ‘are hereby authorized to execute such conveyances, deeds, maps, receipts and other documents on behalf of the said City as may be necessary for the purpose 7 . aforesaid and to affix the Corporate Seal of the City thereto. 6. This By~law may be cited for all purposes as the "Cedar Drive Plan 2417 ° Road Exchange By-law, 1979, No. 1711".