THE CORPORATION OF THE CITY OF PORT COQUITLAM July 16th, 1992 B.R. Kirk City Administrator FROM: S. Rauh City Clerk SUBJECT: Sale of City Property ~ N.E. Corner of Pitt & Shaughnessy RESOLUTION: WHEREAS the lands hereinafter described are not required for municipal purposes nor are they reserved or dedicated; NOW THEREFORE be it resolved that: 1. Lot "A", Block 24, District Lot 289, Group 1, Plan LMP2894, New Westminster District, Port Coquitlam, B.C. be sold by tender if bids acceptable to Council are received; The City Clerk is hereby instructed and authorized to publish and post the “Real Property for Sale By Tender" notice appearing in the Agenda documents of this Council Meeting; . The terms and conditions contained therein are hereby approved; The City Clerk carry out the procedures set out therein; Council reserves the right to accept any bid or bids or to reject any all of the bids if Council in its absolute discretion determines that rejection is appropriate. BACKGROUND AND COMMENTS: _ The details of sale and location of the property are shown on the material — following. | _ Susan Rawk City Clerk