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“Complete” or “Completion” or any variation of these words when
used with respect to the work or works referred to herein shall
mean completion to the satisfaction of the Engineer of the
Munictpalley when so certified by him In writing.

“Engineer" siall be construed to mean and include the city
Engineer for the Municipality and his duly authorized assistants
or such Consulting or other Professional Engineers as may be
appointed to act for the Municipality.

"Work" or "Works" or any variation of these words shall be

construed to mean and include all work required to be done for

the setting out, the execution and the completion of this contract

to the satisfaction of the Municipality.
2. Land

The Developer is the registered owner of an estate in fee simple of
ALL AND SINGULAR that certain parcel or tract of land and premises situatc,
lying and being in the City of Port Coquitlam, in the Province of British
Columbia, which said land is described in Schedule "A" hereof and is herein-
after called "the land",
3. Consents

The Developer has obtained the consent of all persons holding any
registered interest in the land as set out in the Consents to the use and
development set forth herein, which Consents are attached heretc.
4. Uses

The land, including the surface of water, and any and all buildings,
structures and improvements erected thercon, thereover or therein shall be
used for the purpose specified in Schedule "B" hereto and for no other purpese.
5. Siting

No building, structure or improvement shail be sited upon the land
except in compliance with the particulars set out in Schedules "C" and "p"
hereto.

Signs

No sign shall be erected upon the land or on any building or
structure thereon except those set out in the particulars in Schedule "
hereto.
7. Parking

Off-street parking and loading spaces shall be provided, located and
constructed in accordance with the particulars set out in Schedule "E" hereto.

8. On-Site Work and Utiliries

All on-site work and utilities, including water, sewer, gas, telephone

and electricity shall be placed, provided and constructed in compliance with and

according to the plans, sections and particulars approved by the Engineer

and the Bullding Inspector,

Storm Sewer Main and Driveway Construction

(3) To facilitate the use and development of the land, the Developer
covenants and agrees to provide, construct and install a storm sewer main and
driveway to serve the land and development thereon and to pay for the entire
coat of the completion of the aforesaid storn sewer main and driveway. The
said storm sewer main and driveway shall be constructed and completed to the
satisfaction of the Municipal Engineer in compliance with and according to
plana prepared by the Developer and approved by the Municipal Engineer prior

to the granting of necessary approval and occupancy permits by the appropriate

officer of the Municipality.

(b) As security for the due and proper perfornance of ail the covenants
and agreements in this contract contained, including the construction of the
aforesaid storm sewer main and driveway, the Developer covenants and agrees to
deposit with the Municipality by Letter of Credit che sum of Forty-two Thousand
($42,000.00) Dollars.

{c) The Developer further covenants and agrees to contritute forthwith

to the Municipality the sum of One Thousand Six Hundred Forty ($1,640.00)

Dollars, being the net total of the engineering inspection fees incurred by

the Municipality with respect to the development.

(d) The Developer agrees that i£€ the works specified herein are not
completed pursuant to the provisions of this Section the Municipality vill
complete the works at the cost of the Developer and deduct from the deposit
held by the Municipality the cost of such completion, and the balance of the
deposit shall be returned to the Developer, less any administration fees
required. If chere is insufficient money on deposit with the Municipality,
then the Developer will pay such deficiency to the Municipality inmediately
upon receipt of the Municipality's bill for completion. It is understood
that the Municipality may do such work either by itself or by contractors
employed by the Municipality. If the works are completed as herein provided,
then the deposit, less administration fees, shall be returned to the Developer.
10. Subdivision

No land shall be subdivided except in compliance with and according

to the plana and particulars set out in Schedule "G" hereto.