December I8, 1990

S. Rauh

Acting City Clerk,

City of Port Coquitl«n,

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

Dear City Clerk;

Re: Tender for 2247 Wilson Avenue, Pooperty, Lot 2, District Lot 379, Group One
Plan 3319, New Westminster District, Port Coquitlam, B.C.

I Michael Savvis the owner of 2253 Wilson Avenue, would like to tender my
offer for the above mentioned property as per the advertisement in the newspaper.

After consulting my apprassers in regards to this matter, I have discovered
that in the opinion of the appraiser the market price of ths property should be
anywhere from $98,000.00 to $112,000.00. I have enclosed copies of the demolition

costs, relocation of the B.C. Hydro pole and removal of the gas line.

Even though I had expected the market price to be much less than what you
are asking and feel that this property would be useless to anyone other bhan the
adjacent properties, my fair offer would be $105,000.00 however if that is not
acceptable to your worship, aldermen and City Officials, I am willing to pay as
much as $110,000.00. The price that you had advertised in the local paper.

Thank you for your consideration in this matter.

The adjustment date would be, January 15, 1991 and the possession date would
be January 31, 1991.