THE CORPORATION OF THE CITY OF PORT COQUITLAM

REAL PROPERTY FOR SALE BY TENDER

The Corporation of the City of Port Coquitiam invites tenders for the
purchase of the undernoted property:

Lot 6 (except Part included in Plan 71468), District Lot 232, Group One,
Plan 68514, New Westminster District.

This property is located in the South Pitt River Road area east of
Citade! Drive,

The property is now zoned RS-2 (Single Family Residential).

Tenders must be enclosed in sealed envelopes plainly marked on the-

outside "Tender for Lot 6" and addressed to:

R.A. Freeman,

City Clerk,

City of Pert Coquitiam,
2272 McAllister Avenue,
Port Coquitlam, 8.C.

and be ijn his hands by 12:00 o'clock noon, Thursday, October 30th, 1986. Any
tender received after this time will be returned unopened as will ail tenders
inadvertently opened before the closing time as a result of not being
adequately marked on the outside of the seaied envelope as required.

Terms of Sale:

1. A certified cheque in the amount ‘of 10Z of the amount offered must
accompany each tender as a deposit and each tender wil! be open for
acceptance by the Counci! for a period of 30 days. Upon a tender being
accepted by the Counci! the balance of the offered price must be paid by
the successful tenderer within 30 days or as soon thereafter as
requested or the deposit will be forfeited.

The certified cheques of the unsuccessful tenderers will be returned no
later than 30 days after the closing time specified above.

Offers may be made subject to rezoning of the Property to RS-1 (Single
Family Residential). Offers should clearly state whether or not they
are subject to rezoning. !f an offer js made subject to rezoning, the
time for payment of the ful | balance of the purchase price shall be
extended until 15 days following adoption of a zoning amendment bylaw
for the property. If the property Is not rezoned before February 28th,
1987 the sale agreement shall’ be terminated and al! money Daid shal! be
refunded. Zoning amendments are entirely within the discretion of
Council and the City does not warrant or represent that any razoning
will be advanced or adopted.

ae real estate commission of any kind whatsoever wil | be paid by the
ty. .

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