THE CORPORATION OF THE CITY OF PORT COQUITLAM MEMORANDUM OCT 7 - 1991 TO BR. Rirk, October 2nd, 1991 City Administrator FROM: R.A. Freeman, City Clerk/Deputy City Administrator SUBJECT: Sale of City Property - 1592 Knappen Street RESOLUTION: “WHEREAS the lands hereinafter described are not required for municipal purposes nor are they reserved or dedicated; NOW THEREFORE be it resolved that: I. Lot 12, District Lot 384, Group 1, Plan 74266, New Westminster District, Port Coquitlam, B.C. be sold by tender 1f bids acceptable to Couneil 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 documenta of this Council Meeting; The terms and conditiong contained therein are hereby approved; The City Clerk carry out the procedures set out therein; Couneil reserves the right to accept any bid or bids or to reject any or all of the bids if Council in its absolute discretion determines that rejection is appropriate. AND THAT the resolution relating to the sale of this property passed by Council on September 9th, 1991 be rescinded. BACKGROUND AND COMMENTS: After the Council passed the resolution oa September 9th, 1991 authorizing sale of the above property a8 three separate lots (after subdivision) persons interested in acquiring the property as one lot have come forward, thus making subdivision unneccessary. The details of sale and location of the property are shown on the material following. R.A. Freeman City Clerk/ Deputy City Administrator atic rey 7 nT te areas Chi uid S