THE CORPORATION OF THE
CITY OF PORT COQUITLAM

B.R. Kirk, February
City Administrator

R.A. Freeman,
city Clerk/Deputy City Administrator

Sale of City Property - East of Citadel Drive

RECOMMENDATION:

"WHEREAS the lands hereinafter described for municipal
purposes nor are they reserved or dedicated;

NOW THEREFORE be it resolved that:

l.

Lot 6 (except Part included in Plan 71468), District Lot 232, Group
One, Plan 68514, New Westminster District, Port Coquitlam, B.C., be
sold by tender if a bid acceptable to Council is received.

The City Clerk is hereby instructed and authorized to publish and post
the "Real Property for Sale By Tender" notice appearing in the Agenda
documents of this Council Meeting;

The terms and conditions contained therein are hereby approved;
The City Clerk carry out the procedures set out therein.

Council reserves the right to accept any bid or to reject all of the
bids if Council in its absolute discretion determines that rejection

is appropriate.

BACKGROUND AND COMMENTS:

The details and location of this property is shown on the material following.
The upset price stated is based upon an appraisal as at February 5th, 1988.

b= Kd

R.A. Freeman
city Clerk/
Deputy City Clerk