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THE CORPORATION OF THE CITY OF PORT COQUITLAM

REAL PROPERTY FOR SALE BY TENDER

The Corporation of the City of Port Coquitlam Invites tenders for the
purchase of the undernoted property:

Parcel “A" (Bylaw Plan 70058), District Lot 466, Group One, Plan 2294,
New Westminster. District.

_ This property is located North of 2959 Coast Meridian Road and has an
area of approximately 741.9 sq.m. (7986 Sq. ft.)

Tenders must be enclosed in a sealed envelope plainly marked on the
outside "Tender for Coast Meridian Road Property" and addressed to:

R.A. Freeman,

City Clerk,

City of Port Coquitlam,
2272 McAllister Avenue,
Port Coquitlam, 8.C.

and be invhis hands by 12: 00 o'clock noon, Thursday, November. ‘Ist, 1985.

Any. tender. received after this time wil | be returned unopened as wht al |
Tenders inadvertently opened before the closing time as a result of. not
_deing adequately marked.on the outside of the sealed envelope as required.

“Terms of. Sale: .
1. A certified. cheque in the amount: of 103% of the amount offered must
accompany each tender as a deposit and each tender wi] | be open: for
acceptance by the Council for a pertod of 30. ‘days. Upon a tender belng
“accepted by the Council the balance of the offered price must be paid
by the successful tenderer within 10 days or as soon Thereafter as
requested. or | the deposit will be forfeited.

The: certi tied cheques of the unsuccessful tenderers wi fl -be returned no
later than 45 days: after the closing time speci fled above,

No real estate commission of any kInd what ‘soever wh be pald by the

Further: intormation may be. obtained from the under's! gned

“The highest or “any: ‘tender not necessarily accepted and the City.
reserves the right to: walver: minor deficiencies in a bonafide tender

“received by the closing time.

“The lowest price “that will be accepted for the. property is $29,000. 00.

City. Hall, :
Port: Coquitlam, B.C,

November: oth, 1985. oe oe. 7 R.A. Freeman,
. . City Clerk.

~#MUN.700. (17.2)