BYLAW NO. 2282 A Bylaw to authorize The Corporation of the City of Port Coquitlam to dispose of a portion of Road shown May 2) 1987 dedicated on Plan 2797 of the South West Quarter, Section 7, Township 40, New Westminster District In exchange for a portion of Lot 2 of the North East Quarter, Section 6, and the South West Quarter, Section 7, Township 40, New Westminster District, Plan 74406, to be established as Road. WHEREAS The Corporation of the City of Port Coquitlam is desirous of cancelling a portion of Road shown dedicated on:-Plan 2797 in the South West Quarter, Section 7, Township 40, New Westminster District in the City of Port Coquitlam in the Province of British Columbia; AND WHEREAS the Registered Owner of the land described in Section 2 of this Bylaw has agreed to convey the said land to the City so that it may be established as an addition to the Roads in the South West Quarter, Section 7, Township 40, New Westminster District; AND WHEREAS the "Municipal Act" belng Chapter 290 of the Revised Statutes of British Columbia, 1979, provides that the Counci! may by Bylaw dispose of any portion of a highway in exchange for such lands as may be necessary for the purpose of improving, widening, straightening, relocating or diverting the highway; NOW THEREFORE the Municipal Counci! of The Corporation of the City of Port Coquitiam, in open meeting assembled, enacts as follows: The Corporation of the City of Port Coquitlam is hereby authorized to convey To the Registered Owner of the lands described in the next Section hereof, ALL AND SINGULAR those certain parcels or tracts of land and premises which may be more particularly described as foilows: All that portion of road dedicated on Plan 2797 included within the heavy outline on a reference plan certified by Peter T. Mason, British Columbia Land Surveyor dated the 8th day of May 1987, a copy of which is attach hereto; at or for the price or sum of $1.00 in exchange for those certain parcels or tracts of land described in the next Section hereof. The Corporation of the City of Port Coquitlam is hereby authorized to purchase of and from the Registered Owner +hereof ALL AND SINGULAR that certain parcel or tract of land and premises which may be more particularly described as follows: All that portion of Lot 2 of the North East Quarter, Section 6, and the South West Quarter, Section 7, Township 40, New Westminster District, Plan 74406 shown hatched on a reference plan certified by Peter T. Mason, British Columbia Land Surveyor dated the 8th day of May 1987, a copy of which is attached hereto; at or for the price or sum of $1.00 in exchange for those certain parcels or tracts of land described in the preceding Section hereof. 2282 FIRST THREE READINGS 1 4