COUNCIL
FEB 4 1980

DRAFT RESOLUTION

WHEREAS Pinecraft Woodworking Limited, 9404 Dawson Crescent,
Delta, B.C., has deposited with the Corporation of the City of
Port Coquitlam the sum of $2,000.00, being a deposit on the
undernoted lot:

Lot 10,B1k.G, D.L. 255, Group 1, Plan 2099
in New Westminster District

AND WHEREAS the established price of the said lot is $20,000.00;

AND WHEREAS it is deemed desirable to sell the said lot to the said
Pinecraft Woodworking Limited at the established price;

NOW THEREFORE BE IT RESOLVED THAT:

Lot 10, Block G, District Lot 255, Group 1, Plan 2099
in New Westminster District

Be sold to Pinecraft Woodworking Limited, 9404 Dawson Crescent,

Delta, B.C., at or for the sum of $20,000.60 in accord with the terms of
the prospectus dated the llth day of April, 1979 and filed with the
Superintendent of Insurance of the Province of British Columbia,
SUBSECT:

to payment of the full purchase price of the lot within
thirty days of the date of passage of this resolution, and,

to Building plans for the lot being subject to design
approval by the City's Senior Building Inspector to insure that a
variety of housing styles are constructed on the property included
in tne scheme;

AND THAT his Worship the Mayor ond City Clerk be authorized to execute
the necessary conveyance or other necessary documents on behalf of the
City and to affix the Corporate Seal thereto.’