THE CORPORATION OF THE CITY OF PORT COQUITLAM

LAND USE CONTRACT NO. 20
THIS AGREEMENT made che day of

BETWEEN:

THE CORPORATION OF THE CITY OF PORT COQUITLAM,

a City Municipality under the "Municipal Act"

of the Province of British Columbia, and having
its Municipal Offices at 2272 McAllister Avenue,
in the City of Port Coquitlam, in the Province

of British Columbia.

(hereinafter called the "Municipality")

OF THE FIRST PART:

CLAR-FOR HOLDINGS LTD.,

2873 - 595 Burrard Street,

Vancouver, B.C.

(hereinafter called the “Developer")
OF THE SECOND PART:

WHERPAS the Municipality, pursuant to Section 702A of the
"Municipal Act", may, notwithstanding any By-law of the Municipality or
Section 712 or 713 of the “Municipal Act" upon che application of an
owner of land within a development area designated as such by By-law of
the Municipality, enter into a Land Use Contract containing such terms
and conditions for the use and development of the land as may be mutually
agreed upon and thereafter the use and development of that land shall,
notwithstanding any By-law of the Municipality or of Section 712 or 713
of the "Municipal Act", be in accordance with such Land Use Contract;

AND WHEREAS the "Municipal Ace" requires that the Municipal
Council, in exercising the powers given by Section 702A, shall have due
tvegard to the considerations set out in Section 702(2) and Section
702A(1) in arriving at the use and development permitted ‘by any land
development contract and the terns, conditions and considerations thereof;

AND WHEREAS the Developer has presented to the Municipality a
scheze of use and development of the within described lands and prenises

which would be in con:ravention of a By-law of the Municipality or

~2-
of Section 712 or 713 of the "Municipal Act", or beth, and haa made
application to the Municipality to enter into this Land Use Contract
under the terms, conditions and for the considerations hereinafter set
forth;

AND WHEREAS the Council of the Municipality, having given due
regard to the considerations set forth in Sections 702(2) and 702A(1) of
the "Municipal Act", has agreed to the terns, conditions and considerations
herein contained;

AND WHEREAS a Land Use Contract is deemed te be a Zoning By-
law for the purposes of the "Controlled Access Highways Act" and if the
land is so situated that it ts subject to such "Act", the approval of
the Minister of Highways co this Contract must first be obtained before
the Municipality can enter into same;

AND WHEREAS a Land Use Contract dealing with any lands des ignated
flood plain on the Official Regional Plan of the Greater Vancouver
Regional District may not be entered into until the said Contract is
approved by the Minister of Municipal Affairs;

AND WHEREAS the Developer acknowledges that he is fully avare
of the provisions and limitations of Section 702A of the "Municipal
Act", and the Municipality and the Developer cutually acknowledge and
agree that the Council of the Municipality cannot enter into chis Contract
until the Council has held a Public Hearing thereon, in the sanner
prescribed by law, has duly considered the ¥vepresentations made and the
opinions expressed at such Hearing, and unless at least two-thirds of
all of the members of the Council Present and entitled to vote thereon
vote in favour of the Municipality entering into this Contract;

NOW THEREFORE this Contract witnesseth that in consideration

Of the prenises and the conditions and covenants hereinafter set forth, —

the Municipality and the Developer covenant and agree as follows:

Definitions:

1. In this contract, unless the context otherwise requires:

"Chi2f Inspector" shall be construed to mean and include the
Building Inspector for the Municipality and his duly authorized
assistants or such Consultants ac 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 completion to the satisfaction of the
Municipal Engineer of the Municipality whea so certified by
hin in writing.