TRE CORPORATION OF THE CITY OF PORT COQUITLAM LAND USE CONTRACT NO. 25 THIS AGREEMENT made the ESTWEEX: TRE CORPORATION OF THE CITY OF PORT COQUITLAM, a City Municipality under the "Municipal Act" of the Province of British Columbia, and having its Municipal Offices at 2272 McAllister Avenue, in the City of Port Coquitlam, in the Province of British Columbia. (hereinafter called the "Municipality") OF THE FIRST PART: London Woodworking Enterprises Ltd., 3239 Lancaster Street, Port Coquitlam, B. C. . (hereinafter called thea "Developer") OF THE SECOND PART: WHEREAS the Hunicipa.ity, pursuant to Section 702A of the “Municipal Act", may, notuithstanding sny By-law of the Hunicipality or Section 712 or 713 of the “Municipal Act" upon the application of an owner of land within a developcent area designated as euch by By-law of the Hunicipality, enter into a Land Use Contract containing such terms and conditions for the use and development of the land as may be mutually >eod upon and thereafter the veo snd dovslopment of that lend shall, notwithstanding any By~law of the Municipality or of Section 712 or 713 of the "Hunfcipal Act”, be in accordance with such Land Use Contract; AND WHEREAS the "Municipal Act" requires that the Municipol Council, in exercising the powers given by Section 702A, shall have due regard to the considerations set out in Section 702(2) and Section WOZA(1) in arriving at the use and development permitted by any land cevelopment contract and the terms, conditions and considerations thereef; AND WHEREAS the Developer has presented to the Municipality a acheze of use and development of the within described lands and premises which would be in contravention of a By-law of the Municipality or of Section 712 or 713 of the “Municipal Act’, or both, and has made application to the Munictpality to enter into this Land Use Contract under the terms, conditfons and for the considerations hercinafter set forth; AND WHEREAS the Counc{1 of the Municipality, having given due fegard to the considerations set forth in Sections 702(2) and TO2A(L) of the “Municipal Act", has agreed to the terms, conditions and considerations herein contained; AND WHEREAS a Land Use Contract ts decned to be a Zoning By- law for the purposes of the "Controlled Access Highvays Act" and if the land is so situated that it ts subject to such “Act”, the approval of the Minister of Nighvays to this Contract must first be obtained before the Municipality can enter into sane; AND WHERFAS a Land Use Contract dealing with any lands designated flood plain on the Official Regicnal Plan of the Greater Vancouver Regional District may not be entered into until the said Contract is approved by the Minister of Municipal Affairs; AND WHEREAS the Developer acknowledges that he és fully avare of the provisions and limitations of Section 702A of the "Yunieipal Act", and the Municipality and the Developer mutually acknoviedge and egree that the Council of the Municipality c»nnot enter into this Contract until the Counc${ has held a Public Hearing thereon, in the manner prescribed by law, has duly considered the representations made and the opinions expressed at such Hearing, and unless at least two-thirds of all of the membera of the Council present and entitled to vote thereon vote in favour of the Municipality entering into thie Contract; NOW THEREFORE this Contract witnesseth that in consideration of the premises and the conditions and covenants hereinafter set forth, “the nunicipalicy and the Developer covenant and agree as follows: Definitions: i. In this contract, unless the context othervise requires: "Chief Inapector" shall be construed to mean and include the Building Inspector for the Municipality and his culy authorized assistants or such Consultants as may be appointed to act for the Municipality. “Complete” or “Completion” or any variation of these words when used with respect to the work or vorks referred to herein shall mean completion to the satisfaction of the Municipal Engineer of the Municipality when so certified by him fn writing. ¢ Me ‘ Lae