THE CORPORATION OF THE

CITY OF

TO

FROM:

SUBJECT:

PORT COQUITLAM

SEP 9~ 1991

Kirk, September 5th, 1991
Administrator

Freeman,
Clerk/Deputy City Administrator

of City Property ~- 1592 Knappen Street

RESOLUTI

ON:

“WHEREAS
purposes

the lands hereinafter described are not required for municipal
nor are they reserved or dedicated;

NOW THEREFORE be it resolved that:

1.

Lot 12, District Lot 384, Group 1, Plan 74266, New Westminster
District, Port Coquitlam, B.C. be subdivided into three lots as showa
on the plan following, at an estimated cost for legal, survey, and
servicing of $17,000.00 and the lots then be sold individually by
tender if bids acceptable to Council are received;

The City Clerk is hereby instructed and authorized to publish and post
the "Real Property for Sale By Tender” notice appearing in the Agenda
documents of this Council Meeting;

The terms and conditions contained therein are hereby approved;

The City Clerk carry out the procedures set out therein and he is

authorized to:

ae specify. the dates upon which this proposed sale shall be advertised
and to specify a closing date and time for the receipt of tenders
which shall not be less than four weeks from the date of the. first

advertisement; \ a

b. alter the legal descriptions of the property hereinafter set out to

provide an up-to-date description based on the subdivision plan
filed pursuant to Section 1 of this resolution;

Council reserves the right to accept any bid or bids or to reject any
or all of the bids if Council in its absolute discretion determines
that rejection is appropriate. -

BACKGROUND AND COMMENTS:

The details of sale and location of this property is: shown. on

material following.

R. A. Freeman
City Clerk/
Deputy city Administrator