THE CORPORATION OF THE C () UJ , CITY OF PORT COQUITLAM | N C [ . MAR 26 1984 MEMORANDUM B.R. Kirk March 19th, 1984 City Administrator R.A. Freeman City Clerk SUBJECT: Road Allowance Off Angelo Avenue (Karamanoiis) Se eC TRU EERE ISI AP RECOMMENDATION: "That a 391.4 square metre section of unused road’ allowance between Lot 74, Plan 20844 and Lot 120, Plan 65183 be stopped and closed to traffic and offered for sale at a minimum upset price of $75.35 per square metre; “LAX WVONGe SEIT dete BR THAT a one-half metre wide strip of land at the north end of the proposed road ciosure not be sold but be retained in the name of the City; Bn RETIN A AE a0 SUBJECT to the granting of a right-of-way in favour of the City on the entire road allowance area to cover an existing waterfine; ° AND THAT all survey and lega! expenses be borne by the successful purchaser," BACKGROUND AND COMMENTS: The sketch following this memorandum sets out the area that can be closed. It ts not possible to close the area of road immediately adjacent to Angelo Avenue as we have been unable to obtain the consent of the property owner immediately to the east. The price per square metre set out in the proposed resolution equals $7.00 per sq. ft. and Counci! members will recat! tha* this was the price suggested by the B.C. Assessment Authority in September of last year. RAF/dv KK —— R.A. Freeman City Clerk C-03/26/84 (22)