RATI THE CITY OF PORT

REAL PROPERTY FOR SALE BY TENDER

The Corporation of the City of Port Coquitlam invites tenders for the purchase of the undernoted
property:

(a) Lot 11 Except: Part on Highway Plan 65038; District Lots 231 and 232 Group 1 New
Westminster District Plan 11513:

(b) Lot 12 Except: Firstly: Part on Highway Pian 65038; Secondly: Part Highway See
DF Y79702; District Lots 231 and 232 Group 1 New Westminster District Plan
11613;

(c) Parcel "F" District Lots 231 and 232 Group 1 New Westminster District Explanatory
Plan 69614;

(d) Parcel "G" District Lots 231 and 232 Group 1 New Westminster District Explanatory
Plan 69614;

in Port Coquitlam, B.C.

This property is located on the east side of 1400 Block Broadway being approximately 5.23
hectares (12.98 acres). The property is presently zoned P-1 (Public Institutional). The Official
Commun‘ty Plan designates the property as "General Employment". Only tenders offering to
purchase the entire property will be considered.

Tenders must be enclosed in a sealed envelope plainly marked on the outside "Tender for 1413 -
1443 Broadway Avenue Property" and addressed to:

Susan Rauh

City Clerk

City of Port Coquitlam

Third Floor, 2580 Shaughnessy Street
Port Coquitlam, B.C.

V3C 2A8

and be in her hands by 12:00 o’clock noon, Thursday, Jone 10th, 1993. Any tender received
after this time will be retumed unopened as will all 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

1. A certified cheque ir. the amount of $5,000.00 payable to the Ciiy of Port Coquitlam must
accompany each tender as a deposit and each tender will be open for acceptance by the
Council for a period of 30 days.

The balance of the offered price must be paid by the successful tenderer within 30 days of
receipt of notice of acceptance.

The certified cheques of the unsuccessful tenderers will be returned no later than 30 days
after the closing time specified above. Unless a tender specifies that in the event the tender
is unsuccessful the cheque is to be held for personal pickup from the City Hall ordinary
mail will be used for return.

Any Goods and Services Tax payable_and_all Property Purchase Taxes, Land Title Office
and conveyancing costs will be the respUcMAbpPiBAGEdMe purchaser and will be additional to

any amount tendered.

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