February 18th, 1980.

Moved by Alderman Traboulay:

-re Sale of
“City owned Seconded by Alderman Wright:
‘Residential

‘lots - Whereas Schuster Construction Company Limited, 2615 Mary Hill Road,

>Schuster Constr.
‘Co. Ltd. Port Coquitlam, B.C., has deposited with The Corporation of the City of

Port Coquitlam the sum of $2,000.00, being a deposit on the undernoted
lot:
Lot 3, Bleck G, District Lot 255, Group 1, Plan 2099
in New Westminster District
AND WHEREAS the established price of the said lot is $20,000.00;
AND WHEREAS it is deemed desirable to sell the said lot to the said
Schuster Construction Company Limited at the established price;

NOW THEREFORE BE IT RESOLVED THAT:

Lot 3, Block G, District Lot 255, Group 1, Plan 2099
in New Westminster District

be sold to Schuster Construction Company Limited, 2615 Mary Hill Road,
Port Coquitlam, B.C., at or for the sum of $20,000.00 in accord with the
terms of the prospectus dated the 11th day of April, 1979 and filed with
the Superintendent of Insurance of the Province of British Columbia,
SUBJECT:

to payment of the full purchase price of the lot within thirty
days of the date of passage of this resolution, and,

to Building plans for the lor being subject to design approval
by the City's Senior Building Inspector to insure that a variety of
housing styles are constructed on the property included in the scheme;

AND THAT His Worship the Mayor and Clty Clerk be authorized to

execute the necessary conveyance or other necessary documents on behalf
of the City and to affix the Corporate Seal thereto.

Carried.

CORRESPONDENCE:

Casa Roma Rest., From the Casa Roma Restaurant, 2823 Shauphnessy Street, February

Feb. 6/80 re

Sign. 6th, 1980 requesting Council's consideration for a flashing sign to
replace the existing one which must be removed due to the addition of a

right turn lane off the Lougheed Highway.

Moved by Alderman Mabbett:

Seconded by Alderman Traboulay: