THE CORPORATION OF THE CITY OF PORT COQUITLAM

MEMORANDUM
TO: B.R. Kirk August 26th, 1982—
City Administrator ; ms

FROM: R.A. Freeman
City Clerk

SUBJECT: Property Transfer ~ Mary Hill Bypass Right-of-Way...

RECOMMENDATION:

That Council give consideration to Passage of the resolution.
‘set forth on the page attached to this memorandum.

BACKGROUND AND COMMENTS:

As most members of Council are aware, the City is involved in a
complicated transaction with the Ministry of Transportation and
Highways and Tri-line Expressways Ltd. in connection with the
formal establishment of the Mary Hill Bypass route just
northeast of that route's intersection with Kingsway Avenue.
The Ministry of Transportation and Highways obtained property
from Tri-line Expressways Ltd. and in return therefor Tri-line
was to receive certain property from the City (actually a
portion of the former Kingsway Avenue) and the City was to
receive $35,000. from the Ministry of Transportation and

Highways. .

Now, nearly two and. one-half years later we are in a position
to ask the Council to complete the City's part in the
transaction and this can be done by passage of the resolution

that follow this memarandum. Basically, these involve the
granting of rights-of-way over the closed Portion of Kingsway
Avenue to the City itself and to B.C. Hydro; the sale of the
Former portion of Kingsway to Tri-line Expressways Ltd.;
approval of the required subdivision plan; and agreement to
accept $35,000. from the Ministry of Transportation and

Highways as satisfactory compensation.

While we were dealing with Tri-~line Expressways Ltd. that firm
very kindly consented to transfer two additional small portions
of property to the'City in order that the dyke right-of-way
could be contained wholly within property owned by the City.

A small section of City map follows this memorandum and should
help to explain the various transactions required.

Bem AE

LORVA. Freeman,
City Clerk.