Further information may be obtained from the undersigned.

The Council of the City reserves the right to accept any offer or
combination of offers or to reject any or all of the offers as the
Council, in its absolute discretion may determine.

Offers may be made subject to the rezoning of the property to an
Apartment zoning designation. Offers should clearly state whether or
not they are subject to rezoning and, if so, to which particular
zone. If subject to rezoning the time for payment of the balance of
the purchase price, as specified in paragraph i(c), shall be extended
until 15 days after a zoning amendment bylaw for the property has heen
adopted, I£ the property is not rezoned before May 3lst, 1991 the
aale agreement shall be terminated and all money paid shall be
refunded without interest.

Zoning amendments are entirely within the discretion of Council and
the City does not warrant or represent that any rezoning will be
advanced or adopted.

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 is 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.

The property is unserviced and details may be obtained from the City’s
Engineering Department. Payment of applicable Development Cost
Charges and connection fees will be required.

The lowest price that will be accepted for the property is $650,000.00.

Port Coquitlam, B.C. R.A. Freeman,
May 29th, 1990 City Clerk

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