/8. November 10th, 1975

That Land Use Contract No. 13, being the schedule next to the "Land

Use Contract No. 13 Authorization By-law, 1975, No. 1388", be amended in
the following manner:

A. That Clause (b) of Section 13 be struck out and the following
substituted:

"(b) As security for the due and proper performance of all the
covenants and agreements in this Contract contained, the
developer covenants and agrees to deposit with the Municipality

by Letter of Gredit the sum of $19,000.00 drawn on the Bank of
British Columbia."

B. That Section 14 be struck out and the following be substituted

therefore:

"14. The developer further covenants and agrees to contribute
forthwith to the Municipality the sum of $36,960.00 being the
net total of those amounts set out in Section "B" of Appendix
Il hereto, required to defray the excessive cost incurred by
the Municipality for the purposes set out herein and which the
Municipality covenants and agrees to apply to the cost of
those works and services set out in the said Section "B" of
Appendix II hereto."

Cc. That Appendix II be struck out and the following substituted therefore:

APPENDIX II

Section A - Works to be constructed by Westgate Enterprises Ltd.
as provided in Section 11 of Land Use Contract No. 13:

Type Cost

Storm Sewer Mains $16,000.00
Landscaping of Road 6,000.00

Lane Gravel. 1,009.00
Underground Hydro Connection 2,000.00

$19,000.00

Section B ~— Amounts to be paid to the Municipality upon the
execution of Land Use Contract No. 13:

Engineering Fees 760.00
Watex Capital Fund Contribution ($300.00

per unit times 76 units) 22,800.00
Parks Land Acquisition Fund Contribu-

tion ($150.00 times 76 units) 11,400.00
Driveways 2,000.00
Water Connection, Sanitary Sewer Connection,

and Storm Sewer Connection (to be estimated

at time of building permit application).

TOTAL $36,960.00"

Carried.
Moved by Alderman Keryluk:

Seconded by Aiderman Mabbett:

That By~law No. 1388, as amended, be read a third time.
Carried.

NEW BUSINESS:

1d.Mabbett re . Alderman Mabbett referred to the recent flooding situation in the
looding-Red Bridge

Red Bridge area and he proposed the following motion: