THE CORPORATION OF THE JAN 8 - i9¢q
CLTY OF PORT COQUITLAM

B.R. Kirk January 2nd, 1990
City Administrator

R.A. Freeman
City Clerk
Deputy Administrator

Latecomer Charge Waiver Agreement
Genstar Phase 8B, Palisade Crescent

RECOMMENDATION:

At the request of and pursuant to the Agreement with Imasco Enterprises
Inc. dated the 19th day of December, 1989, BE IT RESOLVED that the works and
services described in the aforesaid Agreement and installed or to be installed
by the said Imasco Enterprises Inc. in connection with the development of the
lands described as:

Portion of Lot 9, District Lots 232, 340, 341, and 344, Group 1,
New Westiminster District, Plan 68514.

are hereby conclusively deemed to be for the sole benefit of those lands and
that none of the cost of providing the said works and services. shall
coustitute “excess or extended services” as defined by Section 990 of the

Municipal Act.

AND THAT the aforesaid Agreement be and the same is hereby approved and
that the Mayor and City Clerk are authorized to sign the same on behalf of the
City and to affix the Corporate seal thereto.

BACKGROUND AND COMMENTS:

The Agreement that would be approved by passage of the above noted
resolution follows the City's standard form for such Agreements and is
available for perusal in the Clerk's office.

city Clerk
AS Deputy Administrator.