THIS COVENANT granted the day of March, J991. BETWEEN: DRAFT (the "Covenantor") maar 1 194 THE CORPORATION OF THE CITY OF PORT COQUITLAM, 2580 Shaughnessy Street, Port Coquitlam, British Columbia, V3C 2A8 (the "City") WHEREAS the Covenantor is the owner in fee-simple of that certain parcel or tract of land and premises, situate, lying and being in the City of Port Coquitlam, Province of British Columbia, and more particularly known and described as: (the "said lands"); . ot) AND WHEREAS Section 215 of the Land Title Act R.S.B.C. 1979, c. 219 provides that the Covenantor may grant a covenant to the City of a negative or positive nature respecting the use of the said lands; AND WHEREAS the Covenantor desires to grant this Covenant to restrict the use of the said lands and to require provision of off street parking for the said lands; NOW THEREFCRE in consideration of the premises contained herein and the sum of One ($1.00) Dollar, now paid by the City to the Covenantor, the receipt and sufficiency whereof is hereby acknowledged, the Covenantor covenants as follows: lL. The Covenantor covenants and agrees that it shall use the said lands only as permitted under the City's Zoning Bylaw EM | PAGE