THIS AGREEMENT dated for reference this day of May, 1992.
BETWEEN:

MERIDIAN INDUSTRIAL PARK II LTD.,

a Company duly incorporated under
the laws of the Province of British
Columbia and having its registered
office at #1501 - 4330 Kingsway, in
the Municipality of Burnaby, in the
Province of British Columbia.
(Incorporation No. 408536)

(hereinafter called the "Grantor")

OF THE FIRST PART

HER MAJESTY THE QUEEN IN RIGHT OF
THE PROVINCE OF BRITISH COLUMBIA
represented by the Ministry of
Environment, Lands and Parks,
Parliament Buildings, Victoria,
British Columbia, V8V 1X5

(hereinafter called the "First Grantee")

OF THE SECOND PART

THE CORPORATION OF THE CITY OF PORT
COQUITLAM, of 2580 Shaughnessy Street,
in the City of Port Coquitlam, in the
Province of British Columbia

(hereinafter called the "Second Grantee")

OF THE THIRD PART

WHEREAS the Grantor is the registered owner in fee simple
of the following lands in the Province of British Columbia,

more particularly known as described as:

CITY OF PORT COQUITLAM
Firstly:

Parcel Identifier: 013-585-932
Lot 2, Sectiqre=t-yr nd 19