REITRER THE SUPERINTENDENT OP INSURANCE KOR ANY. OTEER AUTHORITY OF THE
GOVERNMENT OF THE PROVINCE OF ARITISH COLUMBIA HAS IN ANY WAY PASSED
UPON THE HERITS OP THE MATTERS DEALT WITHIN THIS PROSPECTUS.

REAL ESTATE ACT

PROSPECTUS OP THE CORPORATION OF THE CITY OP PORT COQUITLAM

A copy of this Prospectus has been filed with and ptedt by the

of Insurance in accordance vith the provisions ef Section 51 of the Real
Estate Act of British Columbfa. .

(a) Description of Promoter:

The name of the promoter ia:

THE CORPORATION OF THE CITY OF PORT COQUITLAM

a City Municipalizy under the “Municipal Act”

of the Province of British Coluubia and having
its Municipal Offices at 2272 McAllister Avenue,
in the City of Port Coquitlam in the Province
of British Colunbia

(b) Officers and Directors:

Mayor J.M. Canpbeil
Alderman J.J. Keryluk
Alderman G.R. Laking
Alderman E.W, Mabbett
Alderman P.F. Ranger
Alderman M.A. Thonpson c/o 2272 McAllister Avenue,
Alderman L.M. Traboulay Port Coquitiaa, B c.
City Administrator L.B. Pollock

City Clerk R.A. Freezan *

City Engineer F.E. Peters, P.Eag. :

Cisy Treasurer J.G.5. Maitland

(ce) Business Transacted:
Munic{pal Government
(da) Auditor:

Thorne, Riddell & pany, Chartered A 713 Coluabia Street,

Rew Westminster, B. C.

(e) Debt_and Share Capital:

The financial structure of The Corporstion of the City of Port Coquitlam is
detailed in Annual Audited Pinaneial Statements filed vith the Provincial

Hinistry of Municipal Affairs and Housing and available to the public upoa .-
application to the City Treasurer. . .

(£) Transactions:

The Corporation of the City of Port Coquitlam is the owaer ef much undeveloped

property in the City most of which came into the City's pessession as a result
of tax sale proceedings in the late 1920's and early 1930's. Although the
City desis in land quite frequently to facilitate or expedite various projects
that are placed before it for approval and although it occasionally offers
isolated parcels of property for sale for various purposes this is the first
tine an active attempt has been made by the City to market its properties.

1911.

” {g) General Bescription:

The property consists of 18 resfdential lota fronting on the west side
of Taylor Street. . :

The property has been owned by the City of Port Coquitizs since the
early 1930's..

(h)_Legal Deseription and Title:-

City cf Port Coquitlam, Province of British Columbia, and more paricularly
known and described as: .

Legal Deser{otion Sexctficate of Title
Lot 3, Block G, Districe Lot 255, Plan 2099 * 69560E
Lot 4, Block G, District Lor 255, Plan 2099 69560E
Lot 5, Block G, District Lot 255, Plan 2099 $83320E
Lot 6, Bleck G, District Lot 255, Plan 2099 683320E
Lot 7, Block G, District Lot 255, Plan 2099 683320E
Lot &, Block G, District Lot 255, Plan 2099 6833226
Lot 9, Block G, District Lot 255, Plan 2099 683322E
Lot 10, Block G,; District Lot 255, Pian 2099 683322E

Lot 3, Block F, District Lot 255, Plan 2106 10197SE
Lot 4, Block F, District Lot 255, Plan 2106 101979E
Lot 5, Block F, District Lot 255, Plan 2106 689406E
Lot 6, Block F, District Lot 255, Pla 2106 688408E
Lot 7, Block f, District Lot 255, Plan 2106 101979E
Lor 8, Block F, District Lot 255, Plan 2106 101979E
Lot 9, Block F, District Let 255, Flan 2106 101979E
Lot 10, Block F, District Lot 255, Plan 2106 688407 -
Lot 11, Block F, District Lot 255, Plan 2206 6884072
Lot 12, Block F, District Let 255, Plan 2106 =~ 688407E

all in Group 1, New Westminster District.
(2) Encumbrances:
There are no Encumbrances registered against the properties.

(4) Terms of Sale and Forms of Concract:

It is intended to dispose of some of the lots at going market value or
price upon reasonable dow paynent or all cash, with the balance secured
by Agveesent for Sale or Mortgage. The City of Port Coquitlaz dees not
intend to use any particular form of contract.

(k) Flan Approval and Registration:

Subcivision Plan No. 2099 vas registered in the New Westafaster Land
Registry Office on December 12th, 1911 and Subdivision Plan No. 2106 was
registered in the New Westminster Land Registry Office on December loch,

(1) Deposits:

Any monies deposited toward the purchase of any portion of the property.
will be held upon trust by a solicitor or agent satisfactory to the
purchaser until the purchaser has had an opportunity to register his
interest therein,

(m) Uriliries:

(1) WATER: .
The property is within the Greater Vancouver Vater District and
is serviced through mains under the supervision of the
City of Port Coquitlam. .

+ (2) SANTTARY SEMER:
The property is within the City of Port Coquitlam sewerage
district and is serviced through mains under the supervision of
the City of Port Coquitlan,