BYLAW NQ. 2789 A Bylaw to authorize the Corporation of the City of Port Coquitlam to dispose of a portion of dedicated road in exchange for portions of land to be dedicated as road. WHEY EAS the Corporation of the City of Port Coquitlam is desirous of cancelling a portion of road shown dedicated in the City of Port Coquitlam in the Province of British Columbia; WHEREAS the Registered Owner of the lands described in Section 2 of this Bylaw have agreed to convey land to the City in exchange 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 Revised Statutes of British Columbia, 1979, provides that the Council 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 Council of The Corporation of the City of Port Coquitlam, in open meeting assembled, enacts as follows: 1. The Corporation of the City of Port Coquitlam is hereby autkiorized to convey to the Registered Owner of Lot 1, Plan LMP 9455: a .120 ha portion of road in District Lot 168, Group 1, dedicated by Plan LMP 3023, identified as Parcel "A" and shown hatched on a plan certified by Mike E. Shaw, British Columbia Land Surveyor, dated the 21st day of January, 1993; in New Westminster District, at or for the price or sum of $1.00 and in exchange for those certain parcels or tracts of land described in the next Section hereof. The Corporation of the City of Port Coquitlam is hereby authorized to dedicate: a4.2 m* portion of Lot 1, Plan LMP 9455, identified as Parcel "B" and shown within the bold outline on a plan certified by Mike E. Shaw. British Columbia Land Surveyor, dated the 21st day of January, 1993; in New ‘Yesaninster District, at or for the price or sum of $1.00 and in exchange for that certain parcei or tract of land described in the preceding Section herectf. A copy of the pian referred to in Section | and Section 2 hereof is attached to this bylaw and made a part hereof. 2789 l PAGE | 15 |