January 21st, 1980. /3. Moved by Alderman Ranger: Seconded by Alderman Wright: That By-law No. 1727 be read a first time. Moved by Alderman Keryluk: Seconded by Alderman Mabbett: That By-law No. 1727 be read a second time. Moved by Alderman Traboulay: Seconded by Alderman Wright: That By-law No. 1727 be read a third time, Carried. RESOLUTIONS ;_ Resolutions: Moved by Alderman Ranger: re Sale of City Residential Seconded by Alderman Wright: Lots WHEREAS Stdehili Construction Limited, 11923 - 1948 Street, Pite Meadows, B.C., has deposited with The Corporation of the City of Port ~ Sidehsil Const. Coquitlam the sum of $8,000.00, being a $2,000.00 deposit on each of the undernoted lets: ™ Plan 2099 Plan 2099 Block G. District Lot Block G, Distriet Let 2 . Group » Group Plan 2099 5 d, 5 I, Block G, Diserdet Lot 255, Group 1, Plan 2099 5 1, Block G, District Let » Group All in New Westminster District AND WHEREAS the established price of each of the safd lots is $20,000.00; AND WHEREAS fe 18 deemed desirable to sel] the said lots to the said Sidehill Construction Limtted at the established prices NOW THEREFORE BE IT RESOLVED THAT: Lot 6, Block G, District Lot 255, Group 1, Plan 2099 Lot 7, Block G, Distrier Lot 255, Group 1, Plan 2099 Lot 8, Block G, District Loc 255, Group 1, Plan 2099 Lot 9, Block G, Disatriet Lot 255, Greup 1, Plan 2099 All in New Weatrinster District te sold to Sidehi]l] Construction Limited, 11923 - 1943 Street, Pitt Meadows, b.C. at or for the sum of $20,000.00 ench in aecord with the terms of the prospectus dated the lth day of April, 1979 and filed with the Superincendent of Insurance of the Previnee of Beitdsh Colaubta, SUBJECT: to payment of che full purchase price of the lotsa within thirty days of the date of passage of thir resolurion, and,