ap aarp tal toes nan then te THE CORPORATION OF THE CITY OF PORT COQUITLAM MEMORANDUM TO: B.eR. Kirk, May 6th, 1987 City Administrator FROM: R.A. Freeman, City Clerk SUBJECT: Sale of City Property - 3676 Sefton Street em ae me a re eh ee ee ee ee RECOMMENDATION: "WHEREAS the iands hereinatter described are not required for municipal purposes nor are they reserved or dedicated; NOW THEREFORE be jt resolved that: 1. Lot A, District Lot 479, Group One, Plan 74399, New Westminster District, Port Coquitlam, B.C., be sold by tender if a bid acceptable to Council is received, 2. The City Clerk is hereby instructed and authorized to publish and post the "Real Property for Sale By Tender" Notice appearing in the Agenda documents of this Counci} meeting; 5. |. The terms and conditions contained therein are hereby approved; 4. The City Clerk carry out the procedures set out therein. 3. Council reserves the right to accept any bid or to reject all of the bids if Council in its absolute discretion determines that rejection is appropriate, BACKGROUND AND COMMENTS: The details and location of this Property is shown on the material following. The lowest price that is stated to be acceptable is $37,000 and this is the appraised value as of February 5th, 1987. R.A. Freeman 7 City Clerk RAF/al Cont. Land Sales (34) 113