CEM CICLINGT /_SEWER AGREEMENT LOOPY THIS AGREEMENT made the day of !June, 1989 BETWEEN: IMASCO ENTERPRISES INC., a body corporate Carrying on business as Genstar Development Company having a Place of business at 104 - 4585 Canada Way, Burnaby, British Columbia, V5G 4L6 ("Genstar”) OF THE FIRST PART SANDCASTLES CAPITAL CORPORATION, a body corporate having its registered office at 1725 - 555 Burrard Street, Vancouver, British Columbia, v7x 1J8 ("Sandcastles“) OF THE SECOND PART NO. 16 GREAT PROJECTS LTD., a body corporate having its registered office at 1725 - 555 Burrard Street, Vancouver, British Columbia, v7x 1J8 ("No. 16") OF THE THIRD PART THE CORPORATION OF THE CITY OF PORT COQUITLAM, a municipal corporation under the Municipal Act of British Columbia having its offices at 2580 Shaughnessy Street, Port Coquitlam, British Columbia, vic 2A8 (the “City") OF THE FOURTH PART WITNESSES THAT WHEREAS: A. Genstar Corporation is the registered Owner (in trust for Genstar) of and is developing certain lands and premises 28