COUNCIL FEB 15 1993 BYLAW NO. 2716 MAR - 2 19093 THE CORPORATION OF THE CITY OF PORT COQUITLAM A Bylaw to authorize the Corporation of the City of Port Coquitlam to dispose of portions of dedicated read in exchange for a portion of land to be dedicated as road. WHEREAS the Corporation of the City of Port Coquitlam is desirous of cancelling portions of road shown dedicated in the City of Port Coquitlam in the Province of British Columbia; WHEREAS the Registered Owner of the lands described in Section 2 of this Bylaw has agreed to convey land to the City in exchange so that it may be established as an addition to the roads in the City; AND WHEREAS the “Municipal Act” being Chapter 290 of the Revised Statutes of British Columbia, 1979, provides that the Council may by Bylaw dispose of any portion of a highway in exchange for such lands as may be necessary for the purpose of improving, widening, straightening, relocating or diverting the highway; NOW THEREFORE the Municipal Council of The Corporation of the City of Port Coquitlam, in open meeting assembled, enacts as follows: 1. The Corporation of the City of Port Coquitlam is hereby authorized to convey to the Registered Owner of the lands described in the next Section hereof: a.) a 676.0 m2 portion of road in Section 6, Block 6 North, Range One East, dedicated by Plan 22267, identified as Parcel “2” and shown hatched on a plan certified by Robert M. Reese, British Columbia Land Surveyor, dated the 21st day of August, 1992; and, a 0.143 ha portion of road in Section 6, Block 6 North, Range One East, dedicated by Plan 22267, identified as Parcel "3" and shown hatched on a plan certified by Robert M. Reese, British Columbia Land Surveyor, dated the 21st day of August, 1992; in New Westminster District, at or for the price or sum of $104,282.00 and in exchange for those certain parcels or tracts of land described in the next Section hereof. The Corporation of the City of Port Coquitlam is hereby authorized to purchase of and from the Registered Owner thereof: a.) a 0.407 ha portion of Lot 3, Block 6 North, Range One East, Plan 4318, identified as Parcel "1" and shown included within the heavy outline on a plan certified by Robert E. Reese, British Columbia Land Surveyor, dated the 21st day of August, 1992; in New Westminster District, at or for the price or sum of $1.00 and in exchange for those certain parcels or tracts of land deseribed in the preceding Section hereof. i Wei | PAGE FIRST-THREE READINGS. vue | 1 | 5 FINAL READING —<£