THE CORPORATION OF THE CITY OF PORT COQU! TLAM REAL PROPERTY FOR SALE BY TENDER The Corporation of the City of Port Coquitiam invites tenders for the purchase of the undernoted Property; Lot 42 of Lot "A";Block "E" of Block 1; District Lot 479, Group One, Plan 12212 New Westminster District, Port Coquitiam, B.C. This property is located at 1828 Dorset Avenue and is appreximately 1084 m4 (11,670 sq.ft.) in size with a frontage of 20 m (66 ft.). This property is presently zoned RS-1. Tenders must be enclosed in a sealed envelope plainly marked on the outside "Tender for 1828 Dorset Avenue" and addressed to: R.A. Freeman, City Clerk, City of Port Coquitiam, 2272 McAllister Avenue, Port Coquitlam, B.C. and be in his hands by 12:00 o'clock noon, Thursday, November 27th, 1986. Any tender received after this time will’ be returned unopened as will al! tenders inadvertently opened before the closing time as a result of not being adequately marked on the outside of the sealed envelope as required. Terms of Sale: i . so 1. A certified cheque in the amount of 10% of the amount offered must accompany each tender as a deposit and each tender will be open for acceptance by the Council for a period of 30 days. Upon a tender being accepted by the Council. the balance of the offered price must be paid by the successtul tendarer within 30 days or as soon thereafter as requested or the deposit will be forfeited. The certifiéd cheques of the unsuccessful tenderers wfl! be returned no later than 30 days after the closing time specified above. — No real estate commission of any kind whatsoever will be paid by the City. fully. serviced. Exact details may be obtained trom the City's Engineering Department. ; The tot is Further Information may be obtained from the undersigned. The highest or any tender not necessarily accepted and the City reserves the right to waive minor deficiencles In a bonatide tender received by the closing time. 7. The lowest orice that will be accepted for the property is $40,000.00. City Hall, Port Coquittam, B.C. November 12th, 1986. R.A. Freeman, City Clerk. *MUN.700(17.2) P72