THE COPPOPATION OF CTUE CETY OF Por COQUITLAM Horner Developments Ltd., 1036 Cambie Read, Richmond, B.C. in the forn BY-LAW WO, 1399 . and to the extent set forth in "Land Use Contract Xo. 15 which is the A By-law to authorize the City to enter into Land Use Contract No. 15, : Schedule hereto annexe? and made part of this By~law. BHEREAS the "Ciiy of Port Coquitlam Zoning By-law, 1969, No. 918" . 2. The said Land Use Contract No. 15 shall extend to and shall regulate as amended designates certain areas of land within the zones set out the development and use of the lands described as: therein as “Development Arcas"'; nmneienes , Lot 34 and Lot 35 of Block 3 of District Lot 379, Group One, éND WHEREAS thu lands hereinafter described are situate within an Plan 1213, New Westninster District. so designated; . 3. Land Use Contract No. 15 shall have the force and effect of a AND SHERESS the Owner of the said lands has made application for a Testrictive covenant running with the land described in Section 2 hereof Land Use Contract co authorize works, development, and use some aspects and shall be registered in the New Westminster Land Registry Office by of which are not in conformity with the relevant City By-laws as the the City. Sen& apply to the zone in which the said lends are situate; 4 This By-law tay be cited fer all purposes as "Land Use Contract No. 15 AND WHEPRZAS the Council has given due regard to the following Authorization By-law, 1975, No. 1399". considerstions: Read a first time by the Municipal Ceuncil this Sixth (a) the prozotion of health, safety, convenience and welfare of day of October, 1975. the public. Read a second time by the Municipal Council this Sixth {b) the prevention of the overcrowding of land, and the preservation day of October, 1975. of the axenities particular te any zone. : _ Public Hearing held this Twentieth day of October, 1975, (c} the securing of adequate light, air and access. Received the approval of the Minister of Highways this (d) the value of the land and the nature of its Present and prospective uae and occupancy. . Read a third time by the Municipal Council this (e} the character of each zone, the character of the buildings already erected and the peculiar suitability of the zone for particular Reconsidered, finally passed and adopted by a vote in faveur thereof use, of at least two-thirds (2/3) of all the members of the Municipal Council (£5 conservation of property values. of The Corporation of the City of Port Coquitlam this (a) cevelopment of areas to promote greater efficiency and quality. izpact of development on present and future public costs. betterment of the environnent, fulfillment of community goals. Mayor (e). the provision of necessary public space. and it is deemed desirable to enter into Land Use Contract No, 15 in the forn and to the extent hereinafter provided; NOd_ THEREFORE the Municipal Couneil of The Corporation of the City of Pore Coguitlan, in Open meeting assembled, enacts as follows: 2, . The Council of The Corporation of the City of Port Coquitlan is hereby authorized and eapower¢d to enter into a Land Use Contract with