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THE CORPORATION OF THE
CITY OF PORT COQUITLAM act - 5 1992

MEMORANDUM

B.R. Kirk
City Administrator

Andrew de Boer
Project Engineer

September 21, 1992

That the City approve use of the attached Restrictive Covenant for the Beck
Environmental Soil Treatrnent facility on 1515 Kingsway.

Attached is a draft of the Restrictive Covenant between Coast Steel Fabricators Lid., the
property owner of 1515 Kingsway and the City. Coast Steel Fabricators Ltd. is a sister
company of Beck Drilling and Environmental Services Inc. (Beck).

Some of the highlights of the covenant are as follows:

- The land shall not be used for the storage or treatment of special waste.
- The size of the facility is limited to 3000 m2. This maximum size can be increase by a

resolution of Council.
- Beck Environmental shall pay an annual rent charge to the City in leu of property taxes.
Presently under the Municipal Act, Beck, as an environmental business, is exempt from

property tax.

The covenant will be submitted to the Land Titles Office for registration, after its
approval by Council.

Andrew de Boer
Project Engineer