to the use set forth in this Contract must first be obtained

before the Municipality can enter into Same;

AND WHEREAS a Land Use Contract May not deal with
any lands designated flood plain on the Official Regional
Plan, until the said Contract is approved by the Minister

of Municipal Affairs;

AND WHEREAS the Developer acknowledges that he is
fully aware of the provisions and limitations of Section 702A
of the "Municipal Act", and the Municipality and the Developer
mutually acknowledge and agree that the Council of the Munici-
pality cannot enter into this Contract wuntil the Council has
held a Public Hearing thereon, in the manner prescribed by
law, has duly considered the representations made and the opin- °-
ions expressed at such Hearing, and unless at least two-thirds
of the members of the Council, then present and entitled to vote
thereon, vote in favour of the Municipality entering into this

Contract;

NOW THEREFORE this Contract witnesseth that in con-
sideration of the premises and the conditions and covenants
hereinafter set forth, the Municipality and the Developer cov-

enant and agree as follows:

Definitions:
soe lpicrons

1. In this contract unless the context otherwise requires:

"Chief Inspector" shall be construed to mean
and include the Building Inspector for the
Municivality and his duly authorized assis~
tants or such Consultants as may be appointed
to act for the Municipality.

"Complete" or "Completion" or any variation of
these words when used with respect to the work
or works referred to herein shall mean comple-
tion to the satisfaction of the Municipal Engi-
neer of the Municipality when so certified by
him in writing.

"Municipal Engineer shall be ccnstrued to mean
and include the City Engineer for «he Municipal-
ity and his duly authorized assistants or such
Consulting or other Professional Engineers as
may be appointed to act for the Municipality.
“Municipal Planner" shall be construed to mean
and include the City Planner for the Municipal-
ity and his duly authorized assistants or such
Consultants as May be appointed to act for the
tunicipality.

"Work" or "Works" or any variation of these words
shall be construed to mean and include all work
required to be done for the setting out, the ex-

ecution and the completion of this Contract to
the satisfaction of the Municipality.

Land:

2. The Developer is the holder of a registered interest
in ALL AND SINGULAR that certain percel or tract of land and
premises situate, lying and being in the City of Port Coquitlam,
in the Province of British Columbia, which said land is described
in Schedule "A* hereof and is hereinafter called "the land",

It is understood and agreed Sy and between the parties
hereto that time shall be of the essence of this Contract, that the
Subdivision of the land shall conform in all respects to the plan
which is annexed to and forms part of Schedule "Cc" hereto and that
the subdivision and development of the land shall be carried out

in Four (4) phases and completed as follows:

PHASE I - shall include the subdivision of that portion of the

land shown marked "Phase One" on the Dlan of proposed

subdivision which is annexed to and forms part of
Schedule "Cc" to this Land Use Contract, and the devel-
opment of the Seventy (70) residential lots created
thereby and composed of Sixty-eight (68) one-family
residential lots and two (2) two-family residential
lots, pursuant to Schedule "53" hereto, and to facili-
tate the use and development of that Portion of the
jand, the Developer covenants and agrees, as a condi-
tion precedent to the approval of the plan of subdiv-
ision thereof, to enter into an agreement with the

Municipality subsequent hereto (hereinafter called