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BACKGROUND AND COMMENTS:

The exact tocation of this property is shown on the map
following. Additionaliy, as Counc!! members are aware, a Road
Exchange Bylaw is currently in process that will result In the
road and lane allowance north and south of the. subject property
being sold to the same owner,

The price per square foot at which this property Is being sold
is $2.50.

R.A. Freeman,
RAF /a| City Clerk

Conf.Land Sales (50-51)

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