THE CORPORATION OF THE CITY OF PORT COQUITLAM

LAND USE CONTRACT N0.19

TRIS AGREEMENT made the day of
BETWEEN:
TRE CORPORATION OF THE CITY OF PORT COQUITLAM,
a City Municipality under the "Municipal Act"
ef the Prevince of British Columbia, and having
its Municipal Offices at 2272 McAllister Avenue,
in the City of Port Coquitlam, in the Province
of British Columbia.
(hereinafter called the "Menicipality")

OF THE FIRST PART:

CAMROSE DEVELOPMENT LTD.

#203 ~ 955 West Broadway

Vancouver, B.C.

(hereinafter called the Developer")
OF THE SECOND PART:

WHEREAS the Municipality, pursuant to Section 702A of the
“Municipal Act", may, notwithstanding any By-law ef the Municipality or
Section 712 or 713 of the "Municipal Act" upon the application of an
owner of land within a development area designated as such by By-law of
the Municipality, enter into a Land Use Contract containing such terns
and conditions for the use and development of the land as may be mutually
agreed upon and thereafter the use and development of that land shall,
notwithstanding any By-law of the Municipality or of Section 712 or 713
of the "Municipal Act", be in accordance with such Land Use Contract;

AND WHEREAS the "Municipal Act" requires that the Municipal
Council, in exercising the powers given by Section 792A, shall have due

, regard to the considerations set out in Section 702(2) and Section
7O2A(1) in arriving at the use and development permitted by any land

development contract and the terms, conditions and considerations thereof ;

AND KHEREAS the Developer has presented to the Municipality a

scheme of use and development of the within deseribed lands and premises

which would be in contravention of a By-law of the Municipality or

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of Section 712 or 713 of the "Municipal act", or both, and kas made
application to the Municipality to enter into this Land Use Contract
under the terms, conditions and for the considerations hereinafter set
forth;

AND WHEREAS the Council of the Municipality, having given due
regard to the considerations set forth in Sections 702(2; and 702A(1) of
the "Municipal Act", has agreed to the terms, conditions and considerations
herein contained;

AND WHEREAS a Land Use Contract is deemed to be a Zoning By-
law for the purposes of the "Controlled Access Highways act” and if the
land is so situated that it is subject to such “act, the approval of
the Minister of Highways to this Contrace rust first be obtained before
the Municipality can enter into same;

AND WHEREAS a Land Use Contract dealing with any lands designated
flood plain on the Official Regional Plan of the Creater Vancouver
Regional District my not be entered into until the said Contract is
approved by the Minister of Municipal Affairs;

AND WHEREAS the Developer acknowledges that he fs fully avare
of the provisions and limitations of Section 702A of the “Municipal
Act", and the Municipality and the Developer mutually acknowledge and
agree that the Council of the Municipality cannot enter into this Contract
until the Council has held a Public Hearing thereon, in the nanner
prescribed by law, has duly considered the representations made and the
opinions expressed at such Hearing, and unless at least two-thirds of
all of the members of the Council present and entitled to vote thereon
vete in favour of the Municipality entering into this Contract;

NOW THEREFORE this Contract witnesseth that in consideration
of the premises and the conditions and covenants hereinafter set forth,
the Municipality and the Developer covenant and agree as follows:
Definitions:

1. In this contract, unless the context otherwise Tequires:
"Chief Inspector shall be conatrued to mean and include the
Building Inspector for the Municipality and his duly authorized

assistants or such Consultants as may be appointed to act for
the Municipality.

. "Complete" or "Completion" or any vartatton of these words
when used with respect to the work or works referred to
herein shall mean completion to the satisfaction of the

Muoicipal Engineer of the Municipality when so certified by
bim in writing.