June 9th, 1986 /105 CL/20/86/06/09/52 7 Moved by Alderman Laking: 7 Seconded by Alderman Farnworth: WHEREAS the lands hereinafter described are not required for municipal purposes nor are they reserved or dedicated; NOW THEREFORE be i+ resolved that: That portion of road in District Lot 340, Group One, New Westminster District, shown as "Road Being Closed" on the plan attached to and forming part of the "Saskatchewan Avenue Road Exchange Bylaw, 1986, 2187" that is shown included within Lot 2 of a Subdivision Plan of Parts of District Lots 232 and 340, Group One, New Westminster District prepared by Ded. Dyck, B.C.L.S., under File No. 86-754-5 and dated June 9th, 1986 be sold to 305340 B.C. Ltd., or its nominee, if terms Satisfactory to Counci! can be agreed upon and no preferabl alternative proposal is received from any other person. “ The City Clerk is hereby instructed and authorized to publish and post the "Notice of Intention to Seti Real Property" Notice appearing in the Agenda documents of this Counci! meeting; The terms and conditions contained therein are hereby approved; The City Clerk carry out the procedures set out therein. Council! reserves --he right to accept any bid or to reject all of the bids if Counci! in its absolute discretion determines that rejection is appropriate. Sole. Carried. Moved by Aiderman Farnworth: Seconded by Alderman Laking: That this meeting do now adjourn. Carried, At 9:00 p.m. the meeting adjourned, beTrherclor Certified correct,