ox COUN

QCT 17 1977

Mayor and Aldermen October 4th, 197

R.A. Freeman
City Clerk

Re: Property Exchange ~— Langan Avenue and Kingsway

A rearrangement of the road pattern and property exchange has been in process

for some time now — starting in late 1975. A copy of a proposed Subdivision

Plan is reproduced on the reverse side of this memorandum and Council will note
that two lots are porposed to be created, numbers 49 and 50. Council will note
from the dotted lines that portions of former road and lane allowance are included
in the Subdivision and it is proposed that these’ road and lane allowances be sold
to the Developer and the Developer will then convey Lot 50 to the City. It is

my understanding that Lot 50 will be used in the future to provide an improved
intersection where Langan Avenue joins Kingsway.

In order to complete this transaction, might we suggest Council give consideration
to the following resolutions: — .

‘Ll. "That Parcel "A" (By-law Plan 50121) of Block 7 of District Lot 288,
Group One, Plan 2111, New Westminster District, be sold to Roy Alfred Bishop,
6215 Fraser Street, Vancouver, B.C. at or for the sum of One Dollar ($1.00)

. and other valuable consideration;

AND THAT His Worship the Mayor and City Clerk be authorized to execute
the necessary documents therefor on behalf of the City and affix the Corporate
Seal thereto."

2. "That Lot 50 of a Subdivision Plan of Lots 1 to 21, inclusive, Block 7,
Plan 2111 and 0.814 Parcel (By-law Plan 50121) of Pian 2111, District Lot 288,
Group One, New Westminster District, be purchased from Roy Alfred Bishop, 6215
Fraser Street, Vancouver, B.C. at or for the price or sum of One Dollar ($1.00)
and other valuable consideration;

AND THAT His Worship the Mayor and City Clerk be authorized to execute
the necessary documents therefor on behalf of the City and affix the Corporate
Seal thereto."

A copy of a memorandum dated December llth, 1975, addressed to the City Engineer
is attached and Council will note that the procedure it is now asked to finalize
was authorized on December 8th, 1975.

City Clerk