rai tberneet ote

THAT Lot 8, District Lot 379, Group One, Plan 3106,
New Westminster District be Purchased from the

OUNC

AUG 8 1983

DRAFT RESOLUTION

$135,000.00 subject to the following conditions:

1.

4.
5.

The City to receive free and clear title except
restrictive covenants, existing tenancies, and
easements jin favour of utilities and public
authorities.

The City te have Possession of the property
subject to existing tenancies at 12:00 noon on
September Ist, 1983. ‘ .

The City has Paid a non-refundable deposit of
$5,000.00 Upon acceptance of this offer by the
vendor and wi! Pay $65,000.00 on September Ist,
1983 and $65,000.00 on January 3rd, 1984 plus
interest at the rate of 9% from September Ist,
1983.

The City wii pay the conveyancing costs.

The adjustment date for taxes and other charges °

shat! be 12:01 a.m. on. September Ist, 1983,

AND THAT the Mayor and Clerk be authorized to execute

the documents necessary for the purpose aforesaid and
to affix the Corporate Seal of the City thereto,

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