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December 18, 1989/279

From the City Clerk, December 8, 1989, regarding the proposed sale of
property at Reeve Street North of Pitt River Road.

Moved by Alderman Laking:
Seconded by Alderman Keryluk:

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

NOW THEREFORE be it resolved that:

1. Lot 19, Block 16, Plan 2080; Lots 1, 2, 3, 4, and a 303 Square meter
portion of Lot 5, Block 3, Plan 1879: and a 1049 square meter portion of
Block 4, Plan 9841; all in District Lots 174 and 289, Group One, New
Westminster District, be sold to Adera Equities Inc., Suite 610 ~ 1111
Melville Street, Vancouver, B.C. V6E 3V6, or their nominee,
satisfactory to Council can be agreed upon and no pref
Proposal is received from any other person;

The City Clerk ig hereby instructed and authorized to publish and post the
"Notice of Intention to Sell Real Property" Notice appearing in the Agenda
document 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 Teject all of the bids
1f Council in its absolute discretion determines that rejection is

appropriate,

Carried.

LATE ITEM:

Moved by Alderman Gates:

Seconded by Alderman Wrights

That the "Port Coquitlam Zoning Bylaw, 1987, No. 2240, Amendment Bylaw,
1989, No. 2403", be reconsidered, finally passed and adopted.

Carried.