THE CORPORATION OF THE CITY OF PORT COQUITLAM

FROM:

MEMORANDUM

Kirk, June 8, 1988 Administrator

Freeman, Clerk/Deputy City Administrator

SUBJECT: cf City Property ~ 3400 Block Coast Meridian Road

RESOLUTION:

"WHEREAS the lands hereinafter deseribed are uot required for municipal purposes nor are they reserved or dedicated;

NOW THEREFORE be it resolved that:

1.

Lot A, District Lot 479, Group One, Plan 2145, New Westminster District, Port Coquitlam, B.C. be sold by tender if a bid acceptable to Council is 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.

Council reserves the right to accept any bid or to reject all of the

bids if Council in its absolute discretion determines that rejection -1lg appropriate.

BACKGROUND AND COMMENTS:

The details and location of this property is shown ou the material following. The upset price stated is based upon an appraisal as at May llth, 1988.

o! R.A. Freeman \ City Clerk/ \ Deputy City Clerk