TRIS AGREEMENT ande in duplicate the

A.D., 1973.

THE BOARD OF SCROOL TRUSTEES, SCHOOL DISTRICT NO. 43 (COQUITLAM)
(hereinafter called the Owner)
THE CITY OF PORT COQUILTAM

(hereinafter called the City)

WHEREAS the Board of School Trustees, School District No. 43
(Coquitlam) is the ower in fee eimple of that certain pareel or tract of
land. aituated, lying and being in the City of Port Coquitlam, in the Province
of British Colusbin, known as GEORGE PEARKES JR. SECONDARY SCHOOL SITE and
is more particularly known and described:

Lot 116 of the North West Quarter of Section 6,

Township 40, Plan 40349, NwD.

Title Number 699245 .

AND WHEREAS the City has requested permission from the
Owner to construct a lacrosse box on these lands;

NOW THEREFORE this agreement witnesseth that in consideration of
tha putual covenants and agreesente herein contained, subject to the terms and
conditions hereafter set out, the parties hereto agree aa follows:

1. The City is hereby authorized to construct a lacrosse box on
the lands aet out, and in the location thereon as shown on the sketch plan
annexed hereto, and marked Schedule "A" to this Agreenent;

2. The City hereby agrees to piace and maintain adequate
Mability insurance for all and any claims for loss of damage to property or
for loss of life or for damage for personal injuries arising out of the
negligence of the City, with respect to the existence or operation of the
mentioned improvements, and the City further agrees to indemnify and save
harmless, the Owner, fros any and all claims for such loss and damage arising ° -
out of any negligence on the part of the City;

3. The City hereby agrees that the facilities so constructed

will be aveilable for echool use, and that the Owner may prohibit any use of
the facilities, that it in its sole discretion deexs to be detrizental to

education;

4, The Owner agrees that the facility, when not required for school
use, will be at the disposal of the City for such uso as the City may

require or direct; and further, the City agrees to indemnify and save
harmleas, the Owner fron any and all claims for loss arising from any fire,
or any other cause whatsoever, with respect to the construction, operation,
maintenance, or exietence of the improverents upon the lands;

5. The City shall maintain the inprovementa to a reasonable
standard for use by the City and the Owner, at no cont to the Gmer;

6. In the event of a dispute arising out of the interpretation,
operation or use cf this Agreement, the dispute shall be settled by seans of

the provisions set out in the "British Columbia Arbitration Act";

Thies Agreement shali come into effect on the 27th day of February, 1973, and
remain in effect until February 26th, 1993, unless it is agreed by both parties
prior to that date that the Agreement shell terminate or be amended. Upon
termination of this Agreement, such improvements as are made to the presises

set out, shall vest in the Owner absolutely,

IN WITNESS WHERSOF the parties hereto have affixed their corporate feals,
attested by tke hands of their duly authorized officers on the date first

above written.

Signed, sealed and delivered

in the Die?
SCHOOL D) i No. 43 (COQUITLAM)
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Signed, sealed and delivered
in the presence of:

SERRE REN Ne seg INA Ee a Ma eee

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