May 15, 1990/1212

From the City Clerk, May 3rd, 1990 regarding Sale of City Property ~ 1624
Angelo Avenue.

Moved by Alderman Laking:
Seconded by Alderman Gates:

WHEREAS the lands hereinafter described are not required for municipal
purposes nor are they reserved or dedicated;

NOW THEREFORE be it resolved that:

1. That “That portion of District Lot 480, Group One, Plan 20844 shown on
Bylaw Plan 55855, New Westminster District", Port Coquitlam, B.C.,
be sold by tender if a4 bid acceptable to Council is received;
The City Clerk is hereby tustructed and authorized to publish and post the
“Real Property for Sale By Tender” notice appearing in the Agenda
documents of this Council Meeting;
The terms and conditions contained therein are hereby approved;
The City Clerk carry out the procedures set out therein.
Council reserves the right to accept any bid or to reject all of the bids

if Council in its absoluta discretion deterninas that rejection is
appropriate, .

Moved by Alderman Gates:
Seconded by Alderman Farnworth:

That the City Clerk prepare a Bylaw to put aside monies received from the
Sale of City Property at 1624 Angelo Avenue into the Parks and Recreation
Funds.

Carried.