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dwelling unit and the building in which it is located and nereby
covenants that all costs, up to $20,000.00, incurred by the City in so
doing shall be paid to the City by tne Owner and the Owner warrants
That demol ion and removal herein by the City under an enactment
presently in force because thre existing dwelling unit will be in
contravention of the Zoning Bylaw.

2. The City herewith acknowledges receipt of security in the amount of
51,000.00 which shall be returned to the owner upon the owners removal
of the existing dwelling unit referred to in this agreement.

5-2 This agreement shal! enure to the benefit of and be binding on the
successors and assigns of each party; each reterence To each party

includes the heirs, successors, permitted assigns, employees, officers
and agents of that party where the context so allows; and this

agreement is being on each party hereto notwithstanding any rule of faw
or equity to the contrary.

iN WITNESS WHEREOF the Owner signed these presents under seal in the
presence of;

SIGNED, SEALED AND DELIVERED
by the Owner in the presence
of:

Lould tis:
OCCUPATION:

MAYOR

SIGNED on behalf of the City)
Dy: pm LE SY

FILE: BOG FORMS - O1

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