| | j i | 1 4 ! t ' i iy \ \ THE CORPCRATION OF THE CITY OF PORT COQUITLAM REAL PROPERTY FOR SALE BY TENDER The Corporation of the City of Port Coquitiam invites tenders for the purchase of the undernoted property: Lots 4,5,6 and 7, Blocks 13 & 14, Plan 2045 - Lots 11 & 12,.Block G, Plan 2099 Lots 1,2,3,4,9 and 6, Block L, Plan 2099 : Lots 15,16, 17, 18,19,33,34,35,36 and 37, Block 17, Plan 2132 all in District Lot 255, Group One, New Westminster District. Tenders must be enclosed in a sealed envelope plainty marked on the outside "Tender for Langan Avenue Property" and addressed to: R.A. Freeman, City Clerk, City of Port Coquitiam, 2272 McAllister Avenue, Port Coquittam, B.C. and be in his hands by 12:00 otclock noon, Thursday, July 19th, 1984. Any tender received after this time will be returned unopened as will all tenders inadvertently opened before the closing time as a result of not being adequately marked on the outside of the sealed envelope as required. This property is located west of Taylor Street on Langan Avenue and consists of 22 individual lots. The property is presently zoned RS-1. Terms of Sale: . 1. The City is encouraging the submittal of atternate residential development proposals and offers made subject to rezoning to a zone appropriate for the development proposed will be considered. The property, has been appraised at $ 420,000. and this is the lowest price that wild be accepted. If proposals are advanced that call for the Incorporation of presently existing roads and lane allowances Into +he site, the lowest price that will be accepted for such road and lane allowances Is $33.90 per square metre ($3.15 per. Sq. ftede in avaluating which proposal may be accepted consideration will be given: not only to the price offered but to the number of units proposed to be constructed, the design proposed, and the method of untt ownership proposed; @.g- rental, condominium, individual lots, etc. Submissions proposing & density greater than 30 units per hectare (12 units per acre) are untikely te receive favourable consideration.