COUNCIL

FEB 18 1980

DRAFT RESOLUTION

"WHEREAS Schuster Construction Company Limited, 2615 Mary Hill Road,
Port Coquitlam, B.C., has deposited with the Corporation of the City
' of Port Coquitlam the sum of $2,000.00, being a deposit on the
undernoted lot:

Lot 3, Blk. G, D.L. 255, Group 1, Plan 2099
in New Westminster District
“AND WHEREAS the established price of the said lot is $20,000.00;

AND WHEREAS it is deemed desirable to sell the said lot to the said
Schuster Construction Company Limited at the established price;

NOW THEREFORE BE IT RESOLVED THAT:

- Let 3, Block G, D.L. 255, Group 1, Plan 2099

in New Westminster District

Be sold to Schuster Construction Company Limited, 2615 Mary Hill Road,

Port Coquitlam, B.C., at or for the sum of $20,000.00 in accord with
the terms of the prospectus dated the llth day of April, 1979 and filed
with the Superintendent of Insurance of the Province of British Columbia,

SUBJECT:

to payment of the full purchase price of the lot within thirty
days of the date of passage of this resolution, and,

to Building plans for the lot being subject to design approval
by the City's Sentor Buslding {Inspector to insure that a variety of
housing styles are constructed on the property included in the scheme;

AND THAT hisWorship the Mayor and City Clerk be authorized to execute
the necessary conveyance or other necessary documents on behalf of the
City and to affix the Corporate Seal thereto,"