ffers may be made subject to the rezoning of the property to RM-4 (Apartment). Offers should clearly state whether or not they are subject to rezoning, and if subject to rezoning, should include a plan indicating which areas of the property are proposed for which Zoning designation. If an offer is made subject to rezoning, the time for payment of the full balance of the purchase price shall be extended until 15 days after a zoning amendment bylaw for the property has been adopted. If the property is not rezoned before October 4th, 1988 the sale agreement shall be terminated and all money paid shall be refunded. zoning amendments are entirely within the discretion of Council and the City does not warrant or represent that any rezoning Will be advanced or adopted. The property is being sold subject to two existing tenancies. A 12m setback from the east property line of Lot 1, D.L. 289, Plan 71092 will be required and the registration for an appropriate restrictive covenant will be required. No real estate commission of any kind whatsoever will be paid by the city. Information on services to the property, may be obtained from the City's Engineering Department. Payment of connection fees will be required. Information on Zoning or other land use matters may be obtained from the City's Planning Department Further information may be obtained from the undersigned. The highest or any tender will not necessarily be accepted and the City reserves the right to waive minor deficiencies in a bonafide tender received by the closing time. The lowest price that will be accepted for the property is $534,000.00 Port Coquitlam, B.C. R.A. Freeman, February 23rd, 1988 City Clerk/ . Deputy City Administrator