THE CORPORATION OF THE CITY OF PORT COQUITLAM

REAL PROPERTY FOR SALE BY TENDER

Tra Corporation of the City of Port Coquitlam invites tenders for the purchase of
the undernoted property:

Lot A, District Lot 479, Group One, Plan 74399, New Westminster District.

This Property is located at 3676 Sefton Street and is approximately 735.2 m2

(7,914 Sq. ft) in size.

The property is presently zoned RS~] (Large Lot Residential).

Tenders must be enclosed in sealed envelopes plainly marked on the outside
"ender for 3676 Sefton Street" and addressed to:

RA. Freeman,

City Clerk,

City of Port Coquitlam,

2272 McAllister Avenue,

Port Coquitlam, B.C.
and be in nis hands by 12:00 ofclock noon Thursday, June 4th, 1987, Any tender
received after this time will be returned unopened as will all tenders inadvertently
opened before the closing time as a result of not being adequately marked on the
outside of the sealed envelope as required. .

Tendering Conditions and Terms of Sale

1. A certified cheque in the amount of 10% of the amount offered must accompany each
tender as a deposit and each tender will be open for acceptance by the Counci|
for a period of 30 days. Upon a tender being accepted by the Council the balance
of the offered price must be paid by the successful tenderer within 30 days or as
soon thereafter as requested or the deposit will be forfeited,

2. The certified cheques of the unsuccessfy| tenderers will be returned no later
than 30 days after the closing time specified above,

36 No real estate commission of any kind whatsoever will be paid by the City.
4. Further information may be obtained from the undersigned.

3. The highest or any tender not necessarily accepted and the City reserves the
right to waive minor deficiencies in a bonatide tender received by the closing
time.

6. The City does not warrant or represent that the property may be used in any
Particular manner. Tenderers who are intending to make any particular use of it
should satisfy themselves, by independent inquiry, that the use js possible
having regard to all factors, including but not limited to the bylaws of the
City, other regulations, and the natural features of the land. The City accepts
no responsibility should any Proposed use not comply with all relevant
regulations or prove otherwise infeasible,

dana,

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