THE CORPORATION OF THE CITY OF PORT COCUL BYLAW NQ. 2557 A Bylaw to authorize the Corporation of the City of Port Coquitiam to dispose of portions of dedicated road in exchange for a portion of land to be dedicated as road. WHEREAS the Corporation of the City of Port Coquitlam is desirous of cancelling portions of road shown dedicated in the City of Port Caquitlam in the Province of British Columbia; WHEREAS the Registered Owner of the land described in Section 2 of this Bylaw has agreed to convey land to the (Gity in exchange so that iit may be established as an addition to the roads in the City. AND WHEREAS the “Municipal Act” being Chapter 290 of the Revised Statutes of British Columbia, 1979, provides that the Council may by Bylaw dispose of any porticn of a highway in exchange for such lands ag may be necessary for the purpose of improving, widening, straightening, relocating or diverting the highway; NOW THEREFORE the Municipal Council of The Corporation of the City of Port Coquitlam, in open meeting assembled, enacts as follows: . 1. The Corporation of the City of Port Coquitlam, is hereby authorized. to convey to the Registered Owner of the lands described in the next Section hereof those portions of dedicated lane shown hatched . a 352.1 m* Pertion of Read in D.L. 380 Dedicated By Plan 2208 a 100.9 me Portion of Road in D.L. 380 Dedicated By Plan 18418 a 59.24 m* Portion of Lane in D.L. 380 Dedicated by Plan 46170 on a plan certified by D.A. Le Patourel, British Columbia Land Surveyor, dated the 21st day of August, 1990, at or for the price or sum of $21,556.00 and in exchange for those certain parcels or traéts of. land described in the next Section hereof. The Corporation of the City of Fort Coquitlam is hereby authorized to purchase of and from the Registered Owner thereof that portion of land shown included within the heavy outline as 95.48 m2 Portion of Lot 2, Plan 11427, D.L. 380 55.40 m2 Portion ef Lot C, Plan 18418, D.L. 380 40.97 m2 Portion of Lot D, Plan 18418, D.L. 380 on a plan certified by D.A. Le Patourel, British Columbia Land Surveyor, dated the 2lst day of August, 1990, at or for the price or sum of $1.00 and in exchange for those certain parcels or tracts of land. described in the preceding Section hereof. 3. A copy of the plan referred to in Section 1 and Section 2 hereof is attached to this bylaw and made a part hereof. FIRST THREE READINGS ITEM PAGE 7