THE CORPORATION OF THE CITY OF PORT COQUITLAM

REAL PROPERTY FOR SALE BY TENDER

The Corporation of the City of Port Coquitlam invites tenders for the purchase of

the undernoted property:

Parcel "C" (Reference Plan 216), Block 21, except Parcel! "2" (Reference Plan
71466), Pian 1163: and Parcel "gt (Reference Plan 71467), Plan 2111 all of
District Lot 232, Group One, New Westminster District.

This property jis located at 1226 Pitt River Road and is approximately 536.9 m2

(5,779 sq. ft) in size.

The property is presentiy zoned RS=-2 (Smal! Lot Residential).

Tenders must be enclosed in sealed envelopes plainly marked on the outside

"Tender for 1226 Pitt River Road" and addressed to:

R.A. Freeman,

City Clerk,

City of Fort Coquitlam,
2272 McAllister Avenue,
Port Coquitiam, 8,C..

and be in his hands by 12:00 o'clock noon Thursday, April 23rd, 1987. Any tender
received after this time will be returned unopened as will all tenders inadvertently
opened before the closing time as a result of not being adequately marked on the
outside of the sealed envelope as required,

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Tendering Conditions and Terms of sale.

A certified cheque in tne amount of 102 of the amount offered must accompany each
Tender as a deposit and each tender will be open for acceptance by the Counci |
for a period of 30 days. Upon a tender being accepted by the Council! the balance
of the offered orice must be paid by the successful tenderer within 30 days or as
soon thereafter as requested or the deposit will be forfeited.

The certified cheques of the unsuccessful tenderers will be returned no later
than 30 days after the closing time specified above,

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

The successful tenderer will be required to consolidate the subject property with
property lying either north or south of the subject property so as to form one

parcel of land.

Offers are to be made on a "lump sum" basis and no conditional or subject offers
will be accepted. Tenderers who are intending to make any particular use of the
property should satisty themselves, by independent inquirv, that the use js
possible having regard to al! factors; including but not limited to, the Bylaws
of the City, other regulations, and the natural features of the land. The City
accepts no responsibility should any proposed subdivision or use not comply with
all relevant regulations or prove otherwise infeasible,

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