THE COKPORATION OF THE CITY OF PORT COQUITLAM . LAND USE CONTRACT THIS AGREEMENT made the day of A.D. 19 BETWEEN: THE CORPORATION OF THE CITY OF PoRT COQUITLAM (hereinafter called the "Municipality") OF THE FIRST PART: AND: HORNER DEVELOPMENTS LID. 1036 Cazbie Road Richmond, British Columbia {hereinafter called the “Developer") OF THE SSCOND PART: WHEREAS the Municipality, pursuant to Section 702A of the "Municipal Act", nay, notwithstanding any by-law of the Municipality, or Section 712 or 713 of the "Yunictpal Act" upon the application of an ower of laad 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 mutuelly agreed upon and thereafter the use and development of that land shall ke in accordance with such Land Use Contract; AND _WEEREAS the "Municipal Act" requires that the Menicipal Council, in exercising the pewers given by Section 702A, shall have due regard to the considerations set out in Section 702(2). and Section 702A(1) in arriving at the use and development permitted by any land development contract and the terns, conditions and considerations thereof; , AND WHEREAS the Developer has presented to the Municipality a schene of use and development of the within described lands and premises and has made application to the Municipality to enter into ‘this Land Use Contract under the terms, conditions and for the consideration herednafcer set forth; : . AND WHEREAS the Council of the Municipality, having given due regard to the considerations sec forth in Sectiens 702(2) and 702A(1) of the "Municipal Act", and the Pert Coquitlam Official Community Plans, ~ has agreed to the teras, conditions and consideration herein contained: AND WHEREAS a Land Use Contract is deened 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 the use set forth in this Agreement must first be obtained before the Municipality can enter into the sane; AND WHEREAS a Land Use Contract may not deal with any lends designated flood plain on the Official Regional Plan, until the satd contract is approved by the Minister of Municipal Affairs; AND WHEREAS the Developer acknowledges that he is fully avare of the provisions and limitations of Sections 702A of the “Municipal Act! and the Municipality and the Developer wutually acknowledge and agree that the Council of the Municipslity cannet cater into this agreement until the Council has held a public hearing thereon, in the manner Prescribed by law, has duly considered the representatiers made and the opinions expressed at such hearing, and unless at least two-thirds of all the members of the Council vote in favour of the: Municipality entering into this Contract. — NOW THEREFORE this agreement witnesseth that in consideration of the premises and the conditions end covenants hereinafter set forth, the Municipality and the Developer covenant and agree as follows: Ll. . (a) In this Agreenent unless the context otherwise requires: “Building Inspector" shall be construed 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 "Compleri yn"! or any variation of these words when used with respect to the work or worka referred to herein shall mean completion to the satisfaction of the Municipal Engineer of the Municipality when so certified by hin in writing. “Engineer shall be construed to mean and include he City Engineer for the Municipality and his duly authorized assistants ‘or such Consulting or other Professional Engineers as may be appointed to act for the Municipality. "Work" or: "Works" or any variation of these words shall be construed to mean and include all work required to be done for the setting out, the execution and the completion of this Agreement, to the satisfaction of the Municipality,