2. The Corporation of the City of Port Coquitlam is hereby authorized to purchase of and from the Registered Owner thereof ALL AND SINGULAR those certain parcels or tracts of land and premises which may be more particularly described as follows: All that portion of Lot 50, District Lot 288, Group One, Plan 53963, New Westminster District shown within the black outline on a reference plan certified by Robert M. Reese, British Columbia Land Surveyor and dated the 30th day of November 1981, a copy of which is attached hereto at or for the price or sum of One ($1.00) Dollar and in exchange for that certain parcel or tract of land described in the preceding Section hereof. 3. That portion of road shown dedicated on Plan 2111 in District Lot 288, Group One, New Westminster District described in Section l. hereof is hereby closed and stepped up to traffic of all kinds. 4. The said lands to be so purchased as aforesaid shall, when so conveyed to the said City, be established as an addition to the roads in District Lot 288, Group One, New Westminster District. 5. The Mayor and City Clerk of The Corporation of the City of Port Coquitlam are hereby authorized to execute such conveyances, deeds, Maps, receipts and other documents on behalf of the said City as may be lf necessary for the purposes aforesaid and to affix the Corpoyate Seal of a the City thereto. . ot 6. This bylaw may be cited for all purposes as the "Langan Avenue Road Exchange Bylaw, 1982, No. 1878".