THE CORPORATION OF THE CITY OF PORT COQUITLAM OCT 22 1999 Kirk, October 16th, 1990 Administrator FROM: 1 Freeman, Clerk/Deputy City Administrator SUBJECT: Sale of City Property - 1065 Lynwood Avenue RESOLUTION: "WHEREAS the lands hereinafter described are not required for municipal purposes nor are they reserved or dedicated; NOW THEREFORE be it resolved that: 1. Lot 200, Southeast 1/4 Section 7, Township 40, Plan 36681, New Westminster District, Port Coquitlam, B.C. be sold by tender if bids acceptable to Council are received; The City Clerk is hereby instructed and authorized to publish and post the “Real Property for Sale By Tender” notice appearing in the Agenda documents of this Council Meeting; The terms and conditions contained therein are hereby approved; The City Clerk carry out the procedures set out therein; Council reserves the right to accept any bid or to reject all of the bids if Council in its absolute discretion determines that rejection is appropriate. BACKGROUND AND COMMENTS: The details of sale and location of this property is shown on the material following. R.A. Freeman City Clerk/ Deputy City Administrator