September 11, 1989/1912 THAT the said 352553 B.C. Ltd. be advised that it was obligated to leave its bid open and to complete the sale on the specified terms, aod that having repudiated that obligation the City considers 352552 B.C. Ltd. liable to the City for the sum of $418,000.00 (being the difference between the price offered by 352553 B.C. Ltd. and the next highest bid) if the land is rezoned; AND THAT the deposit in the amount of $5,000.00 that accompanied the bid of 352553 B.C. Ltd. be retained as partial payment of damages. Carried. Moved by Alderman Laking: Seconded by Alderman Keryluk: WHEREAS the lands hereinafter described are not required for municipal purposes nor are they reserved or dedicated; NOW THEREFORE be it resolved that: Lot 1, Section 7, Township 40, Plan 74406, New Westminster District; be sold to Redekop Properties Inc., or its nominee, at or for the price or sum of $5,458,800.00 upon the terms and conditions stated in the tender call and the tender received; The Adjustment date be December 29th, 1989 or earlier, as stated in the tender call; The Possession date be December 29th, 1989 or earlier, as stated in the tender call; The Mayor and Clerk are authorized to execute the documents necessary for the purpose aforesaid and to affix the Corporate Seal of the City thereto. Carried. Aldermen Farnworth and Gates voted against the resolution. LATE ITEM: From the City Engineer, September 8, 1989 regarding the Selection of Consultant - Handley Crescent & Penny Place Pump Stations. Moved by Alderman Laking: Seconded by Alderman Stewart: 1. That the design work for the replacement of the Handley Crescent and Penny Place Pump Stations be awarded to Dayton and Knight Engineering Consultants for the following estimated fees: a. Handley Crescent Sanitary Pump Station $7,330 b. Penny Place Pump Station $11,520