March 8th, 1976

March 4th, 1976, Application R#4/76 for a Land Use Contract to permit a
cluster housing development on properties between York Street and Oxford
Street South of Grant Avenue, legally described as Sis of Lot 2, Block H,
D.L. 466, Plan 10715; Lots 5 & 7, Block H, D.L. 466, Plan 16278; N's of

Lot 2, Block H, D.L. 466, Plan 10715, be considered at a Public Information

Meeting prior to any further actions thereon. Carried.
Aldermen Mabbett and Ranger voted against the resolution.

Prior to passage of the foregoing resolution, Mr. Horvath advised

that the time limit for options on properties being purchased for the

project will expire on May 31st.
VAld. Laking returns At 9:00 p.m. Alderman Laking returned and resumed his place in the
i:to C/Chamber--9:00 p.m.
Council Chamber.
From the Land Sale Committee, March 3rd, 1976, advising that late
last year the Department of Highways requested the City give consideration
to purchasing property described as the Remainder of Lot 9, Plan 1106
situated just East of the Coquitlam River Bridge adjacent to the Lougheed
Highway and Lions Park, and then selling back to the Department of
Highways a small portion required for highway widening purposes. The
Committee, in its reper, : that recently the owner indicated he
would accept a price of 90¢ per square foot for the property which has
an area of 1.23 acres, so the total cost would be approximately $48,000.00

less about $3,000.00 for the portion required by the Department of

Highways.

Moved by Alderman Mabbett:

Seconded by Alderman Ranger:

That as recommended in a report from the Land Sales Committee,
March 3rd, 1976, property described as the Remainder of Lot 9, Plan
1106, situated just East of the Coquitlam River Bridge adjacent to the
Lougheed Highway and Lions Park and having an area of 1.23 acres, be
purchased at a cost of S0¢ per square foot for a total purchase price of
$48,000.00;

AND THAT His Worship the Mayor and City Clerk be authorized to
execute the necessary documents in connection therewith on behalf of

the City and to affix the Corporate Seal thereto. Carried.
Alderman Laking voted against the resolution.

In speaking against the resolution, Alderman Laking pointed out
that the Department will not give access to that property from the

Lougheed Highway, and he stated he did not feel it was a priority for