THE CORPORATION OF THE CITY OF PORT COQUITLAM

REAL PROPERTY FOR SALE BY TENDER

The Corporation of the City of Port Coquitiam invites tenders for the
purchase of the undernoted property:

That part of District Lot 480, Group. One, Plan 20844 shown on Bylaw
Plan 55855, New Westminster District.

This property is located at 1634 Angelo Avenue and is approximately
6000 sq.ft. in size with a frontage of 50 feet.

This property Is presently zoned RS-1.

Tenders must be enctosed in a sealed envelope plainiy marked on the
outside "Tender for 1634 Angelo Avenue" and addressed to:

R.A. Freeman,

City Clerk,

City of Port Coquitiam,
2272 McAilister Avenue,
Port Coquitlam, 8.C.

and be In his hands by 12:00 o'clock noon, Thursday, May 22nd, 1986. Any
tender recelvdd after this time wil! be returned unopened as will ali
tenders inadvertently opened before the closing time as a result of not
being adequately marked on the outside of the sealed envelope as required.

Terms of Sale: “
le A certified cheque in the amount of 10% of the amount offered must

accompany each tender as a deposit and each tender wil! be open for
acceptance by the Counci! for a period of 30 days. Upon a tender being
accepted by the Council! the balance of the offered price must be paid
by the successful tenderer within 30 days or as soon thereafter as
requested or the deposit will be forfeited.

The certified cheques of the unsuccessful tenderers will be returned no
later than 30 days after the closing time specified above.

No real estate commission of any kind whatsoever wil! be paid by the
City.

Information on services, to the property may be obtained from the City's
Engineering Department. The estimated cost of servicing the property is

$2845, to be pajd by the purchaser.
Further Information may be obtained from the undersigned.

The highest or any tender not necessarily accepted and the City

reserves the right to walve minor deficiencies In a bonafide tender.

received by the closing time.

7. The lowest price that will be accepted for the property is $35,500.00.

City Hall,
Port Coquitlam, B.C.
May 6th, 1986.

R.A. Freeman,
*MUN.700(17.2) P72 . City Clerk.

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