$300.00 for each self-contained housing unit which “said sum the City
shall credit to the Waterworks Utility Capital Replacement Fund.

13. (a) To facilitate the use and development of the land, the Developer
covenants and agrees to provide, construct and install such off-site
works and services as are deemed necessary by the Engineer to serve the
land and the development thereon, and to pay for the entire cost of the
completion of the aforesaid off-site werks and services. The said off-
site works and services shall be completed to the satisfaction of the
Engineer in accurdance with plans and specifications as approved by the
Engineer prior to the granting of necessary approval and occupancy
permits by the appropriate officer of the Municipality. Without limiting
the generality of the foregoing, these off-site works and services shall
include those items set out in Section “ of Appendix 4 hercto. In
addition, the Developer covenants and agrees to pay to the Municipality
the entire cost of connecting all required water, storm, and sanitary
sever services to the said buildings.

{b) As security for the due and proper performance of all the
covenants and agreements in this contract contained, the Developer
covenants and agrees to deposit with the Municipality by Letter of
Credit the sum of $52,790.00 drawn on the Edel Weiss Credit Union.

. (c) The developer agrees that if the aforesald off-site works and

services are not completed or made in accordance with the terms of this
‘agreement, the Municipality may complete the works or make the payments
at the cost of the Developer and deduct from the deposit held by the
Municipality the cost of such completion or payment, and the balance of
the deposit shall be returned to the Developer, less any administration
fees required. If there is insufficient money on deposit with the
Municipality, then the Developer will pay such deficiency to the Municipality
immediately upon receipt of the Municipality's bill for completion.

It ds understood that the Nunicipality may do such work as required to
conplete the said works and services either by itself or by Contractors
employed by the Municipalicy. If all the Developer's convenants are
carried out as herein provided, then the deposit, less administration
fees, shall be returned to the Developer.

24, The Developer further covenants and agrees to contribute forthwith

to the Municipality the sum of $14,530.00, being the net total of those

amounts set out in Section of Appendix 4 hereto, required to defray

the excessive costs incurred by the Municipality for the purposes get

out herein and which the Municipality covenants and agrees to apply to

the cost of those works and services set out in the said Section "B" of
Appendix 4 hereto. :

15. The Developer covenants and agrees not to deposit any mater{fal or
debris. upon any roads during the construction of the said work and to
continuously carry on the construction of the said work in a good and
proper werkmanlike manner causing a» little disturbance to neighbouring
properties as is reasonable undet- the circumstances. In the event that
any naterial or debris should be deposited upon any road during the
construction of the work or should the construction by the Developer
constitute a nuisance to neighbouring properties of the vork the Developer
covenants and agrees that the Municipality may forthwith remove such
material or debris or put right such nuisance at the expense of rhe
Developer, the cost thereof to be determined by the Engineer. In the

event that construction of the work ceases for any period of tine in
excess of thirty days the Developer covenants and agrees that the Municipality
may forthwith enter upon the property and construct thereon a solid

board fence not greater than eight feet in height nor less than six feet
in height surrounding the entire perimeter of the project and that in so
doing the Municipality accepts no responsibility for the suitability or
adequacy of the said fence erected for the benefit of the said Developer
and for which the Developer covenants and agrees to accept full responsibility
and to save harmless the Municipality from each and every action and

claim which may be brought or arise as a result thereof. Tn the event
that any invofce of the Hunicipality for the removal of such material or
debris or construction of the fence shall remain unpaid ofter thirty

days of receipt of the same by the Developer the Municipality is authorized
to deduct the amount of such invoice from the deposit referred to in
Section 14 hereof.

16.. Subject to this agreement, the within works and the development
herein shall comply with all the By-laws of The Corporation of the City

of Port Coquitlam.

17. Notwithstanding any provisions of this contract hereinbefore contained
and notwithstanding the provisions of the “City of Port Coquitlam Building
and Plumbing Code Administration By-law, 1974, No. 1298" and of Section
714(k) of the "Municipal Act", Ris B.C., 1960, Chapter 255 and amendments

thereto, the Developer covenants and agrees that the Municipality may