ADRIATIC CONSTRUCTION LTD., P.O. Box 377, Port Coquitlam, B.C. V3C 4K6 February 25, 1993 Susan Rauh, City Clerk, The City of Port Coquitlam, Third Floor, 2580 Shaughnessy Street, Port Coquitlam, B.C. V3C 2A8 Mrs. Rauh, Re: Property for Sale Lot 2, District Lot 290, Group One, Plan LMP 7676 New Westminster District 1.62 Acres in 2300 Block Lobb Avenue Port Coquitlam, B.C. We herewith enclose our offer to purchase the above noted Property. This offer is made subject to us being successful in obtaining rezoning of the property to RS 2 Small Lot Residential lots. Please advise what additional information is reguired. Your truly, ADRIATIC CONSTRUCTION LTD. per: