THE CORPORATION OF THE CITY OF PORT COQUITLAM MEMORANDUM TOs B.R. Kirk, January 05, 1988 City Administrator FROM: R.A. Freeman, city Clerk SUBJECT: Sale of City Property -~- Holland Avenue. RECOMMENDATTON : "WHEREAS the lands hereinafter described are not required for municipal purposes nor are they reserved or dedicated: NOW THEREFORE be it resolved that: l. be sold Ze (a) Lot 2, Section 17, Block 6, North Range 1 East, Plan 70549 (pb) Lots 1 and 2; and Lots 18 to 25, inclusive, Block 12, Section 17, Block 6, North Range 1 East, Pian 2416. (c) Portions of road and lane allowance adjacent to the above described properties intended to be cancelled. all in the New Westminster District, Port Coquitlam, B.C., by tender if a bid acceptable to Council is 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; | ; a The City Clerk carry out the procedures set out therein. Council reserves the right to accept any bid or to reject all cf the bids if Counci] in its absolute discretion determines that rejection iS appropriate. BACKGROUND AND COMMENTS: The details and location of this property is shown on the material following. The property is being offered for sale at a price based on an appraisal completed on December 9th, 1987. RAF/SEr ~ 56 ia) & cK R.A. Freeman City Clerk