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URBAN DESIGN (GROUP ARCHITECTS 1TD:900-8IS WEST HASTINGS VANCOUVER, BC: WoC 1B4 (604) |

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October 28, 1994

The Corporation of the City of Port Coquitlam

2680 Shaughnessy Street Port Coquitlam, 3.C.

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Att: Susan Rawh , City Cletk

Re: 2109 Kowland Street and 2311 Rowland Street (previously 2425 Pitt River Road) VA omuition, B.C fd

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Deax Madam:

Further to ray telephone conversation with Mr. Tony Chong, the City Adminiatrator, we wish to confinn our request for a special delegation. to present to Council on November 28, 1994, for the splitting of the current Developer's Agresaent between the Corpomtion of the City of Port Coquitlam and R216 Freecorp Holdings Lid. snd A.L.Sott Financial (P.C) Inc. for ths above captioned project.

The overall site was once owned by both R216 Freecorp Holdings Lid. and A.L.Sott Financial (P.C) Inc., and was too small to be legally subdivided until tha zoning hed been changed frora Agricultural to Multiple Residential,

The southern site, which is now owned only by A.L. Sott Finencial (?.C.) Inc., was allowed to procead independently with sezoning of the overall site, subdivision, Developmant Permit as well ae Building Permit.

No building covenant was then introduced by the Planning Department in order to munintain full control of the future design of the northern site by R216 Freecorp Holdings Lid. without the requirement of a Development Porralt at the toms of the rezoning.

Off-site service deawings were produced by our engineer end subsequently approved by the City to provide the basis for the eatablishment of the securities for all the necessary off site enginesxing work for both sites evea though there was no development proposal for the northern site at the tine.

It was our naderstanding that the off site sexvices design for the northam site would have to be modified to sccommedate the ultimate development proposal at a later date, and therefore would not be viable te build and complete all that work und] all the necessary approvals hed been granted by the City for the morthem site.

All the Letters of Credit and cash deposite were then mada seperately by both R216 Freecorp Holdings Lid. and A.L. Sott Financial (P.C.) Inc. reepectively for their portion of the off site servicing works with the intention thet thess securities could be released separately to the party that had propexiy completed its portion of the work,

Since our entire develogsuant, including all the off site services for the sowthem cits, as woll as the sdditicnal esphalt pathway for the school children going through the park to Hawthorns Aveaue have been completed, we feal our clieat should be entitled to a release of their securities for the work stisfuctorily performed.

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