1. THE CORPORATION OF THE CITY OF PORT COQYT BYLAW NO. 2290 A Bylaw to authorize The Corporation of the City of Port JUN 2? 1987 Coquitlam to dispose of portions of dedicated road in scl exchange for portions of land to be dedicated as road. edith, zt 37 WHEREAS The Corporation of the City of Port Coquitlam is desirous of cancelling [ erinemn ond portions of road shown dedicated in the City of Port Coquitiam in the Province of British Columbia; WHEREAS tne Registered Owner of the tand described in Section 2 of this Bylaw has agreed to convey the said land to the City so that it may be established as an addition to the roads in the City. AND WHEREAS the "Municipal Act" being Chapter 290 of the Revisad Statutes of British Columbia, 1979, provides that the Counci! may by Bylaw dispose of any portion of a highway in exchange for such lands as may be necessary for the purpose of improving, widening, straightening, relocating or diverting the highway; NOW THEREFORE the Municipal Counc!| of The Corporation of the City of Port Coquitiam, in open maeting assembled, enacts as follows: The Corporation of the City of Port Coquitlam is nereby authar|zed to convey to the Registered Owner of the lands described in the next Section hereof al! those portions of dedicated road shown hatched on a plan certified by Helge Jacobsen, British Columbia Land Surveyor, dated the 22nd day of May, 1987, at or for the price or sum of $3,627.50 and in exchange for those certain parceis or tracts of jand described in the next Section hereof. The Corporation of the City of Port Coquitlam is hereby authorized to purchase of and from the Registered Owner thereof those portions of tand included within the heavy outline on a plan certified by Helge Jacobsen, British Columbia Land Surveyor, dated the 22nd day of May, 1987, 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. A copy of the plan referred to in Section | and Section 2 hereof is attached to this bylaw ‘and made a part hereof. | Those portions of road dascribed in Section 1 hereof, are hereby closed and stopped up to traffic of ail kinds. Those portions of land described in Section 2 hereof, when conveyed to the City, shall be established as additions to the roads in the City. Ne ERENT Dads Fant Vee