December 4, 1989/260

Lot 4, Block 8, District Lot 290, Group One, Pian 1957, New
Westminster (located on the Southside of the 2200 Block Stafford
Avenue) be sold to Falcon Pacific Developments, 145 Schoolhouse
Street, Coquitlam, B.C. V3K 4X8 at or for the price or sum of
$81,010.07.

Lot 5, Block 8, District Lot 290, Group One, Plan 1957, New
Westminster (located on the Southside of the 2200 Rlock Stafford
Avenue) be sold to Kirpal Singh Dhillon, 15286 — 844A Avenue,
Surrey, B.C. at or for the price or sum of $81,100.01.
or their nominees;
The Adjustment date be January 15th, 1990, or earlier;
The Possession date be January 15th, 1990, or earlier;

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.

NEW BUSINESS:

His Worship Mayor L.M. Traboulay issued the following press release

Mayor L.M. Traboulay of the City of Port Coquitlam today announced that
the City’s ongoing negotiations with Canada Post regarding the installation
of Supermailboxes in Port Coquitlam has come to a conclusion. Mayor
Traboulay stated that despite the protracted period of negotiations - over
18 months - Caiazla Post was unwilling to allow Port Coquitlam to control
Supermailbox locations to overcome residents’ objections to aesthetic and
nuisance concerns.

Mayor Traboulay said that the Port Coquitlam Council worked many long
hours to come up with a suitable arrangement that satisfied Canada Post but
also allowed citizen complaints over Supermailbox locations to be
effective. In the end, however, Canada Post was unwilling to depart form
its nationwide standard. So long as the various criteria such as traffic
safety, public utility protection, and mail delivery criteria are met a
Supermailbox may now be installed, notwithstanding citizen complaints about
the location.

"Port Coquitlam” said the Mayor, “will still be actively involved in
what Canada Post calls the ‘normal municipal concerns'".