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AND WUEREAS the Corporation hols: and has improved

a parcel of rez} property (hereinafter rc: ‘rred to as the

parking facilities for the use of the pubiic and said parking
facility is situate within 300 feet from t=: said land, as
required by the "City of Port Coquitlam 2c"ing By~law" for

alternate parking;

AND WHEREAS the said Applicant “sires to provide the

required off-street parking for the saic -..cds within the parking
facility in substitution for the off-stra:= parking upon his
lands, and has made application to the Cc: cration for per-
mission to use such parking facilities anc: che Corporation has
agreed to grant such use in the form anc to the extent herein-

after provided;

“NOW THEREFORE THIS AGREEMENT wen NZSSETH tnat in
consideration of the payment of the sum -: Three Thousand Three
Hundred Dollars ($3,300.00) now paid by .:¢ Applicant to the
Corporation, the receipt of which is heret:y acknowledged, the
parties hereto covenant and‘agree each wit the other as
“€ollows: . .

1. ‘(a) The Corporation agrees, sutzect to payment of
the fees set out in Section 3 hereof, to “.ant and does hereby
grant ‘to the Applicant the use of eleven .i2) parking spaces
within the aforesaid parking facility, in :ubstitution for

the same number of off-street parking sp-- =: which the said
Applicant is required to provide by the’: ¥ of Port Coquitlam
zoning By-law, 1969, No. 918" as amendei, - : the building

or structure situate on the said lands c: 2 Applicant and

hereinbefore defin.d, and such parking =: > shall be for

the free use by the public.

. (b) This right to park shall : ‘; lid notwithstanding
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any change in the ownership of said land: Ԥ shall remain

attached to the said lands and provide : satial compliance