NT BY PHEMO7TUUHPAXGHOON4A EL 19-92 Loit@ VLE DSTOME TOL NGANDER SO” s ASSAGNMENT OF PORESHORE LEAs i THIS ASSIGNMENT made as Of the —_ day of BETWEEN : LTARU SHIMIZU, Businesaman, G/o 3-4 Horaicho, Marugame City, Kacawa~Pref.,, 763 Japan (harainafter called the “Agwignoer") OF THE FIRST PART OLry..OF PORT CQQUITLAM, a municipality incorporated under the Municipal Act, R.S,B.C. 1979, ¢.290, and having its addrass at 2580 Shaughnessy Street, Port Coquitlam, B.C., V3Cc 248 (hereinafter called the "Assignea") OF THE SECOND PART WHEREAS : he By @ lease (the *Lease") made the ist day of January, 1981 between tha Fraser River Harbour Comission (the "Commission") and Crown Zellerbach Canada Limited, a copy off which is attached ag Schedule "A", the Comnisaion leased 4a portion of the foreashoroa and bed of the Pitt River fronting Lot 12, Section 18, Block 6 North, Range 1 East, New Westminster District, Plan LMPS5051 as more particularly deseribed in the Lease (the "Leased Premises") for 4a term of 5 years from Janvary 1, 1981 subject to the covenants and conditiona in the Lease; e The Lease was assigned to the Assignor on February 20, 1987: C. Pursuant toe clause 31 of the Lease, tha Leasa was ronawed for S yoars until Decamber 31, 1990 and then for anothar 5 years until December J1, 1995; D. The Aseignor has agreed to asaign the Lease to the Assignee pursuant to the terms of this Assignment, but subject to the Assignee obtaining tha prior writtan consent of the Commission to this assignment; NOW THEREFORE, THIS AGREEMENT WITNESSETH that. in conaideration of the sum of One Pollar ($1.00) and other good and valuable 1 TEM