NOV 19 1990 THE CORPORATION OF THE CITY OF PORT COQUITLAM MEMORANDUM Mayor and Council DATE: November 14, 1990 FROM: Land Sales Committee RE: Property Acquisition - 2568 Pitt River Road RECOMMENDATION: THAT the Agreement ef Purchase and sale between the Corporation of the City of Port Coquitlam and Mr. H. Kaesbauer relating to Lot 3 of Block A, District Lot 174 and 289, Plan 9069 New Westminster District, wherein the City becomes the owner of the said property and the same is hereby approved; AND THAT his Worship, the Mayor, City Clerk, and the City Treasurer be authorized to execute all necessary documents, and cheques for the purpose’ aforesaid. . | . . BACKGROUND AND COMMENTS: A map showing the location of the property follows this memorandum. The total purchase price is $305,000.00. Bryan R. Kirk’ City Administrator SR/dp Att.