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