2. The Corporation of the City of Port Coquitlam is hereby authorized
to purchase of and from the Registered Owner thereof ALL AND SINGULAR
those certain parcels or tracts of land and premises which may be more
particularly described as follows: :
All that portion of Lot 1, Block 4 of the South East One Quarter
Section 7, Township 40, New Westminster District as shown on
Registered Plan 2417 included within the red outline on bylaw plan
sworn by Allan Olsen, B.C.L.S. and dated the 23rd day of March,
1978, a copy of which is attached hereto
at or for the price or sum of One Dollar ($1.00) and in exchange for
that certain parcel or tract of land described in the preceding Section
hereof,
3. That portion of Road shown dedicated in Block 4, Southeast Quarter
Section 7, Township 40, Plan 2417, New Westminster District outlined in
green on the said plan of Allan Olsen, B.C.L.S. is hereby closed and
stopped up to traffic of all kinds.

‘4 The said lands to be so purchased as aforesaid shall, when so

conveyed to the said City, be established as an addition to the roads in

Block 4, Southeast Quarter, Section 7, Township 40, Plan 2417, New
Westminster District.

5. The Mayor and City Clerk of The Corporation of the City of Port
Coquitlam are hereby authorized to execute such conveyances, deeds,
maps, receipts and other documents on behalf of the said City as may be
necessary for the purposes aforesaid and to affix the Corporate Seal of
the City thereto.

6. This By-law may be cited for all purposes as the “Cedar Drive Plan

2417 Road Exchange By-law, 1978, No. 1593".