The property is now zoned 2S~3 (Estate Residential).

No real estate commission of any kind whatsoever will be paid by the
City.

Tenderers should conduct their own investigations into the fitness of
the property for any particular use as the City gives no warranty
thereon. This investigation should include, but not necessarily be
limited to, matters such as the state of the City's title to the
property, soil stability on the property and in the area, topography,
drainage courses, and all other matters that may affect the tenderer's
use of the land.

Information on services to the property may be obtained from the
City's Engineering Department. Payment of “Latecomer Charges” in the
amount of $3,815.80 plus 7% interest calculated from May 30th, 1988 to
date of payment will be required. Payment of the usual utiilty
connection fees will also be required. As detailed in Paragraph 10,
in order that all offers submitted may be considered on the same
basis, these fees may not be included in any price offered but will be
treated as an additional charge.

Information on Zoning or other land use matters may be obtained from
the City's Planning Department.

Further information may be obtained from the undersigned.
The highest or any tender will not necessarily be accepted and the

City reserves the right to waive minor deficiencies in a bonafide
tender received by the closing time.

The lowest price that will be accepted for the property is $70,000.00
exclusive of the fees specified in Paragraph 6. Bids must be made
exclusive of these and all other fees and charges. Closing cests will
be apportioned in the normal manner as between vendor and purchaser.
The fees specified in Paragraph 6 and all other costs or charges will
be for the account of the purchaser.

R.A. Freeman,
City Clerk/

Port Coquitlam, B.C. Deputy City Administrator
January 23rd, 1990

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